Tag Archives: Diamond Prices

Diamond Rings – Which is Better: A Larger Diamond Size or a Clearer Diamond?

Posted on Oct 28,2014

There are four basic parameters that diamond buyers must take into consideration when choosing a diamond, these are: cut, clarity, color, and carat weight. While all these factors affect a diamond’s appearance, most people don’t mind sacrificing one or two qualities in exchange for a bigger diamond.

For instance, some buyers might not mind a diamond that shows a visible tinge of color as long as it is bigger in size. However, when it comes to clarity vs. carat weight, the decision might be harder to make. This is because visible inclusions can tarnish a diamond’s overall appeal especially if it is a big stone.

When cutting diamonds, diamond cutters try their best to conceal any inclusions and blemishes. Inclusions are tiny defects or imperfections found inside the diamond. Some diamonds might also have some imperfections on the surface; these are called blemishes. Both inclusions and blemishes affect a diamond’s brilliance (i.e. how much light they reflect).

When it comes to diamond clarity, the size, number, and position of inclusions are all taken into consideration and affect a diamond’s value. This is why diamond cutters make it a point to hide them in strategic areas like the girdle or under the facets in the bezel where they won’t do much to affect a diamond’s visible appearance.

How Much Clarity Can You Sacrifice for Carat Weight?

If there were no budget constraints, anyone would be happy to receive a flawless diamond that is bigger than 1 or 2 carats in size but since diamonds in the flawless range can be incredibly expensive, sacrifices must be made to suit one’s budget.

Ideally, you shouldn’t settle for a diamond lower than VS2 (very slightly included). Diamonds in the VS1 to VS2 range normally have several inclusions that are visible under 10x magnification. Since you won’t be staring at your diamond under a magnifying glass all the time anyway, you’ll hardly notice the existence of these inclusions at all. It usually requires a skilled observer to view these inclusions even with magnification. Most diamonds sold in the market are of the VS1 to VS2 range.

However, if you are very particular about clarity, you might want to go a little higher by getting a diamond from the VVS1 to VVS2  (very, very slightly included) range. Diamonds in this range often appear flawless to the naked eye and even under 10x magnification, only a skilled observer should be able to notice the inclusions.

If you prefer a bigger carat size and you don’t mind sacrificing a bit of clarity to get the size you want, diamonds in the SI1 range should be ideal. Diamonds in this range have inclusions that may be visible upon close inspection even without magnification but the defects aren’t severe enough to affect the diamond’s overall appearance.

If size is your priority and your goal is a diamond that is bigger than 1 carat, a clarity value of SI1 should be your limit. This is because diamonds in the SI2 range tend to have visible inclusions for stones that are 1 carat and above. SI2 clarity is only ideal for stones that are less than 1 carat in size.

You should keep in mind that inclusions become mush more visible the bigger the diamond is. This is why it’s challenging to get a good balance between clarity and carat weight.

Most diamonds in the market are priced on a per-carat basis. The price of diamonds that are of the same cut, clarity, and color tend to double as you go up a carat. If for instance, the price of a diamond is $2,000 per carat, then you should expect to have to pay $4,000 for a 2-carat diamond of the same quality.

It’s okay to sacrifice clarity for carat weight just as long as you still find a good balance between the two. Diamonds, after all, are meant to be admired and it would be a shame if you cannot fully appreciate its beauty because you sacrificed too much clarity for size.

On the other hand, clarity is still a subjective matter. So if you do not mind a lower clarity range, then by all means go for that bigger stone. It’s your diamond to enjoy after all.

Posted in  Buying a Diamond, Cash for Diamonds, Diamond Colors, Diamond Cuts, Valuing Diamonds |   Tagged 

 

Comparing Princess Cut Diamonds & Radiant Cut Diamonds

Posted on Oct 24,2014

Princess cut and radiant cut diamonds share some similarities. Both are square cuts and both have a complete brilliant-cut pattern. When set on a ring, these two cuts can easily be interchanged at first glance.

Choosing between the two can be a difficult task, especially since both are superior when it comes to brilliance. You might want to compare two stones of the same carat, clarity, and color grade to determine which shape is more to your liking.

To determine the differences, let’s compare the two cuts based on the following factors:

Physical Characteristics

Princess cut is the second most popular cut next to the round brilliant. It is notable for its square shape and sharp corners. It is the first square cut to achieve the same brilliance as a round brilliant cut diamond.

While princess cut diamonds are traditionally square, there are some stones that are more rectangular than they are square. This depends on the length to width ratio of the diamond.

The radiant cut diamond is the second square cut to carry the same brilliant-cut pattern seen on round brilliant diamonds. Whereas the princess cut has sharp corners, radiant cut diamonds are square in shape with cropped corners. Its cropped corners may offer some practical advantages when it comes to stone setting.

Princess cut diamonds are always set on a prong stone setting to protect its corners from damage and chipping, an issue that is not present with the cropped corners of a radiant cut.

Princess cut diamonds also often have a larger table and more depth compared to radiant cuts.

Price and Demand

When it comes to pricing, princess cut diamonds are typically priced lower than radiant cut diamonds because there is very little waste when cutting a princess cut from the rough stone. This means that a diamond cutter can easily yield two princess cut diamonds from one rough stone with very little waste and as such, the market price is lower.

There is also a higher demand for princess cut diamonds compared to radiant cut diamonds so there is a bigger selection for the average consumer. Jewelers don’t stock up as much on radiant cuts as they do on princess cuts because of consumer demand so if you want more options, princess cut might be a more suitable choice for you.

Brilliance

A radiant cut diamond generally reflects more light than a princess cut diamond when viewed from the top. This is because when light enters a radiant cut diamond, it creates a circular pattern giving it more sparkle when it reflects light. Due to its cutting style, radiant cut diamonds also have more angles to let light in, allowing for more light to be reflected back to the surface.

Princess cut diamonds, on the other hand, are notable for its linear life. When light enters a princess cut diamond, the facets create an X in the center as a result of the contrast between light and dark facets. Due to the number of dark facets, princess cut diamonds don’t appear as sparkly as radiant cut diamonds when viewed from the top.

Radiant cut diamonds sometimes create a bow-tie effect as a result of the misalignment of facets in the diamond when light enters its surface.

Cut Quality

Princess cut diamonds are more abundant because manufacturers are able to maximize more of the rough stone during the diamond cutting process. As a result, there are more poor quality princess cut diamonds available in the market compared to radiant cut diamonds that focus more on preserving the aesthetic appeal of the stone over quantity.

Both cut styles have their own appeal and aesthetic value. In the end, it all boils down to personal preference. If price is the primary determining factor, however, princess cut diamonds are a better option because they have a cheaper per-carat price compared to radiant cut diamonds.

Posted in  Diamond Cuts |   Tagged 

 

Asscher Cut Engagement Rings

Posted on Jun 05,2014

The asscher cut diamond has regained its popularity over the last decade due to improvements made to its cut. The modern day asscher cut has more fire and brilliance than the classic asscher cut. Its square shape, large facets, and its elegant and regal appeal have made it a popular choice especially for engagement rings.

Asscher cut diamonds are stepped-cut, undergoing a similar process of cutting to emerald cuts. As a result, asscher cut diamonds are very similar to square emerald cuts; both have 58 facets and have cropped corners.

Selling Asscher Cut Engagement Rings

The rising popularity of asscher cut engagement rings is good news for sellers as it means that prices have also increased. However, since step cuts like the asscher cut and emerald cut emphasize a stone’s clarity, inclusions are more visible compared to round brilliant cut diamonds so it might be harder to get a good price especially for lower grade stones if you sell to a pawnshop.

If you have an Asscher cut engagement ring that you want to sell, it’s best to consider several options so that you can get a fair deal for your diamond. As with selling any diamond, knowing the exact specifications of your stone will make it easier for you to find a fair deal. You can have your stone appraised at a local pawnshop and jeweler to get an idea of its value and what you can get for it. However, if you want to get the best deal out of the transaction, one of your best options would be to sell to an online diamond buyer. Online diamond buyers offer better prices for diamonds because they have lower overhead costs and all reputable ones have expertise in diamond valuations. Transactions are also a lot more convenient since everything is done over the Internet.

Buying Asscher Cut Engagement Rings

If you’re in the market for an engagement ring and you have your heart set on an Asscher cut diamond, knowing the ideal specifications will help you out a great deal when choosing the ideal ring suited for your taste and your budget.

Cut

The original asscher cut diamond did not have much fire and brilliance, which is why modern ones have undergone many improvements to add more fire and brilliance to the stone. Modern asscher cut diamonds are very similar to square emerald cut diamonds except that an asscher cut diamond, cut to modern standards, typically have larger facets, a smaller table, and a taller crown height. Many people prefer a well-cut asscher cut diamond over an emerald cut because the former, when cut to exacting standards are capable of more brilliance than emerald cuts.

The length to width ratio of an asscher cut diamond is 1.00 but the GIA’s range for a square diamond is 1.00 to 1.05.

If you’re buying an asscher cut diamond engagement ring, you should also take note of the following parameters when it comes to cut to get the most ideal stone for your budget:

Depth Percentage

When shopping for Asscher cut diamonds, look for a depth percentage within the 60% to 68% range.

Table Percentage

Asscher cuts that have a table percentage within the 60% to 68% range are considered very good to excellent. While the ideal range would be around 65% to 67%, these can be difficult to find.

Color

Step cuts like the asscher cut show more color than round brilliants and princess cuts so if you’re looking for a diamond that is colorless or as near colorless as possible, we recommend you set a minimum standard of H. While any color above H is better, price can significantly go up the more colorless the stone especially for asscher cuts. While color is subjective, most people prefer colorless diamonds to those that retain color.

Clarity

Since the classic asscher cut does not have as much fire and brilliance than round brilliant or princess cut diamonds, flaws and inclusions are much more visible on the surface. This is why clarity is of utmost importance when choosing an Asscher cut diamond. Setting a minimum standard of VS2 is recommended if you want the stone to appear as flawless as possible to the naked eye.

Where to Buy

Blue Nile

Blue Nile offers a wide selection of asscher cut diamonds. Those who want a truly excellent asscher cut would find the Blue Nile signature asscher cut to be a worthy option.  Their signature cuts have smaller tables, taller crown heights, and wider corners, which allow the diamond to capture more light and produce more brilliance. Below are some suitable options from Blue Nile:

http://www.bluenile.com/asscher-cut-diamond-1-carat-signature-ideal-cut-d-color-vs1-clarity_LD02089612

http://www.bluenile.com/diamond-search?keyword_search_value=asscher+cut#diamonds_pid=LD04384105

Choices from Amazon:

Amazon features several asscher cut diamond engagement rings that suit different budgets. We have preselected a few options below:

Posted in  Diamond Cuts, Types of Diamonds |   Tagged 

 

Who Buys Diamonds? Finding the Best Diamond Buyer

Posted on May 27,2014

If you have some diamond jewelry that you don’t use anymore and that you would like to get rid of, selling them can be very profitable if you find the right buyer. However, despite the abundance of pawnshops and jewelers that buy diamonds, getting the best price for your diamond isn’t always easy especially for smaller and lower grade stones. If you have a good stone, then you’ll have more reason to want to get the most money for it when you sell.

For first time sellers of diamonds, finding the best diamond buyer can be a daunting task especially if you don’t know where to look.

cushion cut solitaireSo who buys diamonds?

Before the Internet, when people want to sell old jewelry, the choices were limited to individual buyers, local pawnshops, and jewelers. While these used to be good options, they do present several challenges that limit your chances of getting a fair price for your diamonds. Finding individual buyers can be difficult and unless you knew someone in particular who is interested in the diamond that you are selling, you’ll likely have to deal with manually advertising your diamond. Pawnshops, while readily available, don’t always offer fair prices for diamond jewelry.

The advent of the Internet has given individual sellers access to a bigger market; the market includes online diamond buyers who are primarily involved in the business of buying and selling diamonds.

Online diamond buyers usually have access to diamond capitals and since they operate primarily online (except for their main headquarters), not only can they offer more expertise in the area of diamond valuations but they are also able to offer better prices because they don’t have to maintain many small physical locations in several areas unlike pawnshops and jewelers.

Finding the Best Diamond Buyer

Finding the best online diamond buyer is just a matter of doing your research properly. Most reputable online diamond buyers offer fair prices for diamonds (large and small alike) but if you really want to get the best price for your diamonds, you can look at several online diamond buyers and have them appraise your diamond so you can get an idea of how much each one is willing to offer for your piece.

If you’re in a bit of a rush, you can use their instant valuation or appraisal service and then send in your diamond if you think you like their price offer. However, the accuracy of their price quote is highly dependent on how accurate you describe your diamond to them, which is why it is better to do this if you have a good idea of your diamond’s value.

A good method in finding the best diamond buyer if you’re in a rush is to get an appraisal from a pawnshop beforehand just to get an idea of your diamond’s value and then get an instant appraisal from several online diamond buyers so you know if the price offer is fair or not. It is worth noting, however, that not all online diamond buyers have an instant appraisal or instant quote service as some would prefer to see the diamond first before offering a price for it.

Most diamond buyers will offer to return your diamond to you free of charge if you’re not satisfied with their price offer so you won’t have to worry about getting your item back.

If you’re in no particular rush to sell, it is recommended that you send in your diamond to the online diamond buyer or several buyers so that you can get an accurate, final price offer for your diamond and so that you can narrow down your options and choose the best one with the highest price offer.

For more information on online diamond buyers, you can view our online reviews here. If you end up selling online, make sure you come back and leave a review!

Posted in  Cash for Diamonds, Diamond Buyers, Online Diamond Selling Tips, Sell Diamond Rings |   Tagged 

 

How to Sell a Diamond Ring to a Pawnshop

Posted on May 13,2014

Pawnshops are a great venue to earn some extra money. Whether you have an emergency to take care or you want to use the money for leisure, selling old items to a pawnshop is a viable way to earn some extra cash. Pawnshops generally buy all sorts of items from antique furniture to gadgets but most pawnshops deal in jewelry so if you have an old piece of jewelry that you don’t use anymore or you want to sell something valuable like a diamond ring to take care of other expenses, a pawnshop can offer you cash in exchange. However, when selling expensive items like diamond rings and other valuable jewelry pieces, you can’t always expect to get top dollar from a pawnshop if you don’t know how to go about the process. It’s helpful if you know how pawnshops operate so you can earn a decent amount from the transaction.

If you’re set on selling your old diamond ring to a local pawnshop, you might want to consider following these tips on how to sell your diamond ring:

 Know the Value of Your Diamond

While it’s difficult to tell exactly how much a diamond is worth, knowing the retail value can help you set price standards when selling to establishments like pawnshops. It helps if you know your diamond’s value in terms of cut, carat, clarity, and color as well as its original retail value. You can have it valued by a professional diamond appraiser but since their expertise can cost a lot of money, you can ask a quote directly from a pawnshop while keeping your diamond’s value in mind to get an idea of how much they are willing to pay for the item.

Do Your Own Research

Knowing the current market value of gold and diamonds will make it easier for you to set price standards when selling to pawnshops. Pawnshops do pay higher amounts when the price of gold and diamonds are high so it’s best to research on your own so you can make an informed decision.

Have it Appraised by Several Pawnshops

Visit several pawnshops and have each one appraise the value of your diamond ring so that you can compare offers. It’s always best to have several options as your chances of getting a good price in exchange for your item is always higher if you compare several establishments.

Negotiate

Remember pawnshop prices aren’t fixed so you can always negotiate especially if your diamond is of high value. But even if it’s of a smaller size and lower grade, you can always negotiate to raise the price even by a little bit or by a significant amount depending on your negotiating skills.

Make it clear that you want to sell

Pawnshops can pay as much as 20% more if your intention is to sell and not just get a loan. A lot of people use pawnshops to get loans and use valuable items like jewelry as collateral but if your intended purpose is to really sell your diamond ring, then don’t opt for the loan option. Pawnshops pay higher for individuals who want to sell because they can immediately resell the item as opposed to loans where they have to hold on to the item for as long as 60 days (if they don’t receive any payments).

Be aware of their pricing

For valuable pieces like diamond rings, pawnshops usually offer based on the current rappaport value of diamonds. If you have an item of high value such as stones bigger than a carat or a diamond ring from a high-end jeweler, you can expect to get as much as 70% to 85% of the item’s retail value if you sell to a pawnshop. However, they usually offer lower prices for smaller stones. Educating yourself about pawnshop pricing will not only make it easier to determine if the price is fair or not but it will also help set expectations about how much you can earn if you sell your diamond ring to a pawnshop.

Want a place that pays more than a Pawnshop?

Get a price quote from one of the online diamond buyers on our website.  Most offer matching on any local offers, plus they have the ability to pay more since they have considerably less overhead than pawnshops.  Give a couple of our listed companies a call and see what they can do for you!

Posted in  Cash for Diamonds, Sell Diamond Rings |   Tagged 

 

Wholesale Loose Diamonds: Best Prices for Diamonds

Posted on May 07,2014

Buying diamonds from a wholesaler or straight from the supplier can save you a lot of money especially if you buy the diamonds by the bulk. Wholesale loose diamonds used to be exclusively available to retailers or those who intend to buy by the bulk and resell the diamonds to consumers. The prospect of buying something as precious as a diamond at its wholesale price is no doubt appealing. Fortunately, wholesale loose diamonds that were once exclusively available to retailers and bulk shoppers have become much more accessible to the public via the Internet.

The Internet has certainly changed how businesses work. With consumers having easy access to suppliers and manufacturers, the difference between wholesale and retail is slowly blurring.

How to Get the Best Price for Your Diamonds

Selling to an individual will often get you the best price, but they can be very difficult to find.  Local jewelers will give you some money for your diamonds, but because of the huge markup and overhead costs they need to cover, the prices are likely to be less than you’d expect.  Another option is finding an online diamond buyer, which is often the best option due to the competitive nature of the businesses and less overhead.

Buying diamond jewelry from jewelry stores and other brick and mortar establishments will always be more expensive. Jewelry stores carry a much higher mark-up on diamonds because they have to pay for the overhead cost of maintaining a physical store or several physical stores.

The Internet has made it possible for consumers to have access to wholesale diamond prices because online sellers can afford to offer much lower prices than brick and mortar retailers without the added cost of a physical location. In addition, some suppliers and wholesalers have started selling loose diamonds directly to consumers. If you cut the middleman, then you’ll certainly be able to save a lot more money.

Wholesale loose diamonds are not only cheaper per carat but there is also a wider selection of diamonds. You’ll also have a better chance of finding a better-cut diamond than if you buy from a jewelry store because you have direct access to the supplier’s inventory, which is where most retailers get their stocks.

Some jewelry stores also have the tendency to inflate the grades of their diamonds, especially those that don’t offer GIA certificates. Since there are no legal implications to inflating a diamond’s grade, the consumer usually ends up with a lower quality diamond than what is expected and paid for.

Buying a loose diamond will allow you to have control over the style of the jewelry and the metal used for the setting. It’s also easier to buy loose diamonds at wholesale prices as most suppliers only offer loose stones, although some also offer ready-made designs especially for diamond rings. Since the diamond is the most expensive part of the piece, you can have a jeweler customize a setting for you without having to pay exorbitant diamond retail prices.

Posted in  Loose Diamonds, Wholesale Diamonds |   Tagged