How A Diamonds Price Is Determined

 


You must have been to a jewelry store or have like a diamond somewhere on the internet but the only curious thing you has been its price. It is all right because usually, that is the first curiosity everyone gets while looking at a diamond. At Belgium Diamonds NYC, the pricing of the diamond is done based on multiple factors. It is not easy as it seems. We know it is really hard to assume or estimate the pricing of any diamond without directly asking its seller but what is more important than knowing the price of the diamond is knowing its value. 

We bring you some points that can help you determine if the cost of the diamond you are wishing to invest in is true to it or not. Keep reading to know more.


Average Costig Per Carat 

You might have thought that online diamond wholesalers decide the price of a diamond by its weight but it is not the only thing. Multiple factors contribute to the price of the diamond such as its shape, clarity, and color. This means that two different diamonds of the same weight can always cost different. The cost of a natural diamond is usually $6000, but it still can is available in different costing from $1000 to $15000. The cost of your diamond will depend on its quality altogether.


How Much One Should Spend On An Engagement Ring 

One common assumption made by people is that the price of the diamond is fixed, and a two-carat diamond will cost double of a one-carat diamond. The diamond price is never fixed and it can never be linear. This is why it is hard to determine the price and a factor that makes a diamond a tricky buy. It is always a wiser option to discuss and sit with the professional before choosing an ideal diamond for the engagement ring. 


The Factors Which Help In Deriving Diamond Cost 

The major factors that derive the cost of a diamond for diamond wholesalers are the 4 Cs. These 4 Cs are the carat, color, cut, and clarity of the diamond. However, other things also matter such as the cut of the diamond, and its natural round and square shape. One more important thing that a professional considers while pricing a diamond is its chemical composition. 


The basic thumb rule in diamonds is ‘The rare the better”. The higher you rise your bar in terms of color, carat, quality, and cut of the diamond, the pricing will automatically increase. Natural diamond takes thousands of year to be formed and more hundred years to come to the earth's surface so they could be found. These ate enough reasons which make it rare and after refinement, its cost is indeed a lavish amount. 


Things That Can Help You Determine The Right Value Of Your Diamond

While buying from diamond dealers in NYC a lot of things can confuse you. The price of the diamond is never stagnant therefore you must keep up with the prices. The most important thing is to be sure of your investment is worth it. It is always recommended to do your research to be able to determine if you are investing in the right diamond. You can compare two different diamonds with similar qualities and pricing to be more sure. 


Now that you are clear about how the price of the diamond is determined and how you can save yourself from investing in the right one. Belgium Diamonds LLC is the right place in NYC to shop for authentic diamonds. 

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