Diamond and Solitaire Guide
A remarkable gift of Mother Nature, diamonds represent beauty, and brilliance like nothing else. Their sparkle, shine, and allure are hard to resist. When buying a diamond, it is likely that these are the very qualities that attract your attention. But there is a lot more to buying diamonds than just blindly giving in to their gorgeous appearance. While cut, clarity, and colour are important parameters to select a diamond, there’s another vital aspect to consider as well.
It is the carat!
These four factors are known as the 4Cs of a diamond. Experienced diamond buyers know that the carat weight can be the game changer, as far as the worth of a diamond is concerned. It’s something that you must not overlook when you buy a diamond. So, here’s everything you need to know about the carat weight of diamonds to help you make an informed decision.
What is Carat Weight of a Diamond?
Like everything else around us, diamonds also have weights. To put it simply, the term carat weight refers to the weight of a diamond. Most people tend to confuse carats to be a measurement of a diamond’s size. This, however, is a popular misconception. Diamonds and other gemstones are measured using a unit called metric carats. One carat is equal to 0.2 grams, which is the average weight of a raindrop.
A carat is further split into 100 points and jewellers use the point system to weigh smaller diamonds. So, if you buy a diamond ring having a 50-point stone, it will mean that your diamond weighs 0.50 carats. Even a fraction of a carat can bring about a considerable difference in a diamond’s price. So, the point system is used to maintain precision in weight, which, in turn, will determine its monetary value. Most of the diamonds used to make fine jewellery are of one carat weight or less.
When you buy diamond pendants, bracelets, and other types of jewellery, you are likely to hear the term total carat weight. What exactly is it? And how does it differ from carat weight of a diamond? Be aware that it is the total weight of all the diamonds in the ornament. So, if your jeweller says that the total carat weight of the solitaire diamond earrings you selected is 1 carat, it means the combined weight of the diamonds for both the ears in 1 carat and not for each individual ear.
Understanding the Difference between the Carat and the Karat
A carat is not the same as the karat and it’s not just the difference in spelling that we are talking about. Carat is the standard unit for expressing the weight of precious stones like diamonds and gemstones. Karat, on the other hand, refers to the purity of gold. The purity of gold is scaled from 1 to 24 where 24 Karat is the purest form of the metal. The abbreviation for carat is ‘ct’ while that for karat is ‘k’ or ‘kt’.
So, next time when you go to buy that diamond ring with the stone mounted in yellow gold, you will know your carats from the karats.
Is Carat a Universal Measuring Unit?
The carat derives its name from the carob seed. They are a variety of small seeds that were supposed to have fairly uniform weight. Gem traders in the early days used these seeds to weight precious stones. The current unit of metric carat was first adopted in 1907. Today, it’s a universal unit used all over the world to weight diamonds and gemstones.
How Does the Carat Weight Impact a Diamond’s Price?
The price of a diamond increases with its carat weight. A diamond of high carat weight will be more expensive than those with fewer carat weights. This is because diamonds with higher carat weight are rare and so, are more desirable. But it’s important to remember that a diamond’s value depends on all the 4Cs, and not just the carat weight alone. So, two diamonds of equal weight can vary significantly in their prices if the cut, colour, and clarity of the two stones vary.
Does Carat Weight of a Diamond Correlate to Its Size?
The answer to this question is no. The carat weight of a diamond has no direct correlation to its size. Two diamonds having the same weight can vary in diameters and depth. This will make them look like two stones with different sizes when they are set in jewellery like a ring, earring, etc. The cut of the stone also impacts its size. For instance, a round cut diamond may look smaller compared to an oval or a marquise cut diamond, even though they are all of the same carat weight.
Can Two Diamonds with Same Carat Weight Differ in Value Due to Their Different Shapes?
Yes, they can. This is because the combination of certain shapes and cuts produce more brilliance than the others. Based on such factors, the price of a diamond can differ much. For instance, a diamond with a round brilliant cut will have much more sparkle and fire than one with an emerald cut. Due to this, the price of the first diamond will be more than the second one, even though both of them may have the same carat weight.
What are Diamond Magic Sizes?
There are certain weights that are known as magic sizes, such as 1 carat, 0.5 carat, etc. You won’t find much difference between the sizes of a 1 carat diamond and a 0.99 carat diamond. But due to the threshold sizes, the prices of diamonds with magic sizes can differ significantly.
Does a Larger Carat Weight Mean a Better Diamond?
Well, when it comes to the carat weight, the larger the better is not the policy to follow. Though the rule of the thumb is that a larger diamond will be costlier than a smaller one, the rule does not translate to the quality of the diamond always. For instance, you may have a diamond with a high carat weight. But if it’s not well-cut, it may not have much brilliance to boast of. On the other hand, a smaller diamond may sparkle brilliantly due to a proper cut. Which one would you like to have? The choice is all yours.
A Few Buying Tips for You
Next time when you go to buy diamond jewellery like pendants, bangles, nose pins, etc. don’t depend blindly on what your jeweller says. Here are a few tips to help you make the right choice.
Consider the carat weight and the cut together. A diamond with high carat weight but poor cut may look smaller than a diamond with less carat weight but a good cut.
If you want to make the most of your budget, buy shy. This means you go for a diamond that is just short of the magic marks. For instance, if you opt for a 0.99 carat diamond, there will be no noticeable difference between its size and that of a 1 carat diamond. But you will be able to save much on your budget.
When sparkle is the most important factor for you, start with the cut, colour, clarity, and finally go for the carat weight.
If size is the defining factor for you and budget is a concern, go for a diamond with high carat size but low in colour or clarity rating. The cut is something that is best left uncompromised.
You always thought there is so much to pay attention to when you buy diamonds. Whether you are purchasing diamonds in the form of jewellery or as part of your investment portfolio, carat weight is something you shouldn’t neglect.
The very thought of diamonds conjures up pictures of everything grand. These sparkling and alluring gemstones are often called the epitome of perfection. And they have become the go-to gemstone whenever people want to look drop-dead gorgeous. There is no doubt why. It is the hardest gemstone available on the earth and the highly organised form of carbon. You cannot begin to describe its beauty and shine, can you? But that’s not enough when you buy diamond jewellery online or offline. You, on the other hand, should know the fundamentals of this gemstone.
Seasoned diamond buyers, collectors, and investors know what makes these precious gemstones as valuable as they are. They give primary importance to the four Cs of diamonds. Cut, colour, carat, and clarity are those four Cs that determine the worth of a diamond. While the cut, colour, and carat aren’t hard to find, it takes a fine eye to see how clarity affects a diamond’s beauty and price. Here is everything you should know about the clarity of diamonds.
What is the Clarity of a Diamond?
As you know, diamonds are made of carbon. In fact, they are the most concentrated form of carbon available to us. Natural diamonds take millions of years to form. They face extreme heat and pressure in the earth’s mantle. Most of such naturally occurring diamonds have flaws or imperfections. These flaws include different amounts of scars and inclusions on the surface of a diamond, which are called blemishes. Inclusions are internal features trapped in it during its formation. Very rarely do diamonds appear in a perfect and ideal condition. And therefore, they are very expensive as well. The scars or inclusions on diamonds are nature’s birthmarks. They are the features that make these gemstones unique.
So, what do these blemishes and inclusions have to do with the clarity of a diamond? To put it simply, a diamond’s clarity refers to how clean it is. It is the metric used to grade the visual appearance of a diamond.
Flaws, Clarity, and Price
When you buy diamond rings, necklaces, bangles, earrings, etc., remember that their clarity is inversely proportional to flaws. That is, the lesser the flaws, the higher the clarity grade of a diamond will be. The clarity of a diamond can have a great impact on its value as well. A diamond with high clarity is a lot costlier than a low clarity one even if they have the same cut, carat value, and colour. However, most inclusions and flaws are not detectable by the naked eye.
A diamond’s clarity is influenced by many factors. The quantity, colour, and size of the inclusion are some such key factors. It may also change based on how visible the inclusion is. Similarly, its orientation and location also determine the clarity of diamonds.
Understanding the Diamond Clarity Chart
Every diamond is unique. So are their flaws. Since the flaws are mostly microscopic, gemmologists use magnification up to 10x to inspect diamonds. And they do that keeping the diamond in the face-up direction. If any blemish or inclusion is not visible on viewing the diamond from the top, it won’t help in finding the clarity grade. Therefore, experts use loupes or microscopes to analyse the type, position, and size of all the inclusions.
Skilled graders find different clarity features using the 10x magnification. They map the locations of the inclusions the same way on diamond plots. These plots refer to small maps for individual diamonds. They help in classifying each diamond. Every diamond has a different internal pattern. This means that no two diamonds are ever the same. And the diamond plots are like fingerprints that help to identify each individual diamond.
Gemmologists grade the results of the analysis on a diamond clarity chart. The different grades on this chart and their features are as follows:
FL and IF – Flawless, Internally Flawless
As the name suggests, diamonds with these grades are flawless. The 10x magnification doesn’t show any internal inclusions when you view a diamond with this clarity. However, such diamonds may or may not have surface flaws or blemishes.
VVS1 and VVS2 – Very Very Slightly Included
This grading means there are only some inclusions that are hard to see even with 10x magnification. Inclusions in the VVS1 gems are visible from the bottom-up view while that of VVS2 are visible in the face-up view.
VS1 and VS2 – Very Slightly Included
When small inclusions, such as crystals of other elements, show up in diamonds under the 10x magnification, they get this clarity grading. You need to look very hard to find these imperfections. Of VS1 and VS2, the former has a high clarity grade than the latter.
SI1, SI2, and SI3 – Slightly Included
Diamond with a presence of clear inclusions under magnification feature this low on the clarity chart.
I1, I2, and I3 – Included
These diamonds contain obvious inclusions. You can see the inclusions in these diamonds with 10x magnification and often with the naked eye. Such diamonds tend to have low transparency and usually lack brilliance.
What Clarity Rating Should You Choose?
To select a gem with the right clarity rating, you should keep a few things in mind. Firstly, are you looking for a diamond with no inclusions? Or can you tolerate negligible amounts of them? If yes, choose one with the FL-IF grade or any VVS grade. They will be more expensive than the other grades of diamonds, but they are of high quality. And they look near perfect too.
Diamonds under the VS grade don’t cost as much as those with premium clarity rating, but
they are also high-quality stones. However, if you are looking to cut the cost, you can go for an SI-rated diamond. Here, you need to ensure that the inclusions aren’t obvious. If you are looking for a diamond with more carat weight at a lower price, choose one in the SI3 or I1 range.
When you buy any diamond other than the flawless kind, check the location of the flaw and inclusions. The inclusions closer to the side facets affect its beauty less than if they are at the centre.
Buying Tip to Avoid Making a Common Clarity Mistake
When investing in a diamond, it’s easy to make mistakes. Do you know what the most common mistake people make is? They choose a diamond with very high clarity grade thinking that it’s a good investment. You should choose the clarity that suits your needs the best. Avoid buying a flawless diamond just because it looks perfect. Most of the relatively lower priced stones often have only tiny flaws that are hardly visible. The microscopic flaws don’t affect a diamond’s physical beauty or its value. Weigh your needs and make a wise choice.
So, next time when you buy a diamond ring or pendant, don’t just blindly go for a pretty one. Ask your jeweller about the clarity of stones used in it. Check the clarity chart. And then make your pick.
Diamonds are known to usher in the colours of joy and happiness in people’s lives. And yet, the most desirable colour of this precious stone is actually no-colour! Yes, you heard us right. For something as brilliant and beautiful as diamonds, this may seem like a surprising aspect, but it is this very aspect that adds to the sparkle and shine of diamonds. Let’s take a look at the gorgeous world of the most spectacular stone on earth and why its colourless form is such a rage among the people. In this article, we tell you everything you should know about the colour of diamonds – what it is, how it impacts the value of the stone, different colour grades, and buying tips, among others.
Colour or No-Colour: What Does the Term Diamond Colour Mean?
For most people, the word ‘colour’ evokes images of bright hues. Well, that’s not the case with diamonds. In the diamond and solitaire lingo, the term colour actually refers to the lack of it unless we are talking about fancy colour diamonds. If you are to examine a structurally perfect and chemically pure diamond, you will find that it has no colours at all, much like a drop of clear water. In fact, gem-sized perfect natural diamonds are almost a rarity because such a diamond comprises of 100% pure carbon that contain no impurities at all. In the real world, however, finding such a piece of absolute beauty will be a rare phenomenon.
Almost all diamonds include some degree of colour impurity in their composition. Such impurities and/or structural flaws in the crystal lattice of the stone impacts its colour. Based on the intensity and hue of the diamond’s colour, the stone’s value can increase or decrease dramatically. For instance, a diamond with a tint of yellow in it often considered to be less valuable than a white diamond. Fancy coloured diamonds are a different story altogether. Diamonds with intense blue or pink colours can be considered to be highly valuable. The legendary Hope Diamond is an example of the precious stone having an intense blue colour. Red stones are among the rarest diamonds found on earth. It should be noted here that often the colour distinctions in the stone are so subtle that you can’t see them easily. But it is these distinctions that make a difference to the price and quality of your diamond.
How Does a Diamond’s Colour Impact Its Value?
Colour is one of the 4Cs that impact a diamond’s appearance as well as value. When light hits a diamond’s facets, some of the rays get scattered into a rainbow of colours. They then reflect off the stone’s interior facets and bounce back to our eyes in flashes of colour. This is known as the fire of a diamond. If a diamond crystal has observable colour in it, its ability to reflect light decreases in comparison to a colourless diamond. So, fire and sparkle both suffer. As such, the value of the diamond also decreases. That is why people prefer colourless diamonds.
So, next time when you go shopping for diamond rings or diamond bracelets, remember that the most valuable diamonds have the least colours in them.
Diamond Colour Grades: A Quick Guide
Colourless diamonds may be the most popular ones, but diamonds exist in nature in almost every shade present in the rainbow and such fancy coloured diamonds are valued and graded differently. Thus, there are two grading system for diamonds – one for the normal range and one for the fancy colour range.
The normal colour grading of diamonds refers to the lack of colours. The less the colour, the higher the colour grade will be. One exception to this rule is the fancy coloured diamonds. Such diamonds are available in various colours like pink, green, blue, and yellow and the colour grading improves as the colour becomes strong in the stones. In case of the white diamonds, the colour grade is measured on a scale ranging from D to Z.
Colourless Diamonds (D, E, F): D is the highest colour grade for a diamond. Stones belonging to this colour grade are almost colourless and icy white. E and F colour graded diamonds have very slight traces of colour in them that remain undetected unless examined by a gemologist. This group of diamonds is rarest and the most expensive one. Such diamonds are best mounted on white gold or platinum. Yellow gold or other coloured settings are generally avoided as they may take away from the luminous beauty of this category of diamonds.
Nearly Colourless (G, H, I, J): This colour grade displays nearly no colour. The diamonds in this category appear colourless to the naked eye. If you are looking for a diamond to mount in platinum or white gold, go for G or H colour graded stones. For yellow gold mounts, you can opt for I or J graded diamonds. The diamonds of this group are less expensive than the D-F group and are often used as the central stones in rings.
Faint Colour (K, L, M): Diamonds in this colour grade possess a slight tint of yellow that can be seen even with the naked eye. Due to this, diamonds of this group are not as desirable as the two previous groups. They are also not as rare or as expensive as the other two groups mentioned above. Diamonds belonging to this group can be set in yellow gold mounts for an appealing look.
Very Light Colour (N, O, P, Q, R): This group of diamonds has visible colour. Often the colour is a tint of yellow or brown. There is very little demand for such diamonds and they are available at a much low price range. Most reputed jewellers avoid dealing in this category of diamonds for making ornaments.
Light Colour (S-Z): The diamonds belonging to this colour grade exhibit easily noticeable yellow or brown tint. As they are placed at the low end of the colour grade, they are among the least expensive diamonds. Such diamonds are usually not considered for making ornaments.
The Colour Factor: Buying Tips for Diamond Lovers
Colour is an important factor to consider when buying a diamond. Here are a few tips that can help you to make a good choice when buying this precious stone.
If you are looking for diamonds with a lot of fire and sparkle, go for the stones belonging to D-F group.
Also, make sure that the stone you select is well-cut. Most people tend to think that all colourless diamonds exhibit brilliance. But it is the cut that finally determines the brilliance of a diamond. So, a combination of both, cut and high colour grade is needed.
To ensure that you pay the right price for the diamond, always look for certifications. A certification from a reputed lab ensures that the diamond has been tested and analysed. You will also have a documentation that will state the features of your diamond explicitly. So, why take any risk?
Select your setting to enhance the beauty of your diamond. For instance, a high colour graded diamond will look good when set in platinum or white gold. For diamonds with low colour grades, yellow gold mounts will be a better match. Your goal should be to make sure that the diamond is the focal point of attraction in the jewellery and not the setting.
Now that you know almost everything about the colour of diamonds, you can make an informed decision when buying jewellery. Also, you can understand what your jewellers mean when they drop words like Grade N or Grade and the description of the certificate. That’s indeed great, isn’t that?
If you are asked to select between a princess and a cushion, what would you opt for? There’s nothing wrong if you go with the princess and give the cushion a miss. But for many others, the cushion may hold more attraction than the princess. In fact, the cushion has been ruling over hearts of people for more than 100 years now. Wondering who would prefer a cushion over a princess?
Well, a lot of people would when the terms princess and the cushion refer to two different styles of diamond cuts. Yes, we are talking about the cuts that make your diamonds shine brilliantly. When you want your diamond to be a real sparkler, you need to consider its cut. So here’s all that you need to know about a diamond cut.
What’s Diamond Cut?
The cut of a diamond refers to its facet alignment, proportions, and finish. It does not refer to the diamond’s shape, which indicates the overall form of the stone, such as round, oval, square, etc. Of the 4Cs that define a diamond’s value factor, the cut quality is the only one that is the result of human effort. A good cut gives the diamond its fire and brilliance. When properly cut and shaped, a diamond’s ability to reflect and refract light increases greatly. So, a well-cut diamond will appear to shine brightly while a poorly cut one may seem to be lifeless.
Diamonds have been present on earth for billions of years. But it’s only a few hundred years ago when man learnt that a diamond’s beauty can be transformed by giving it a proper cut. Since then, different styles of diamond cuts have been developed to enhance the stone’s material properties. Whether you want to buy solitaire diamond rings or a classic pair of diamond earrings, a basic understanding of the cut will help you to make a wise buying decision.
How Does a Cut Unleash a Diamond’s Brilliance, Fire, and Sparkle?
A diamond with a good cut exhibits three different properties namely, brilliance, fire, and sparkle. Here’s what each of these means:
Brilliance: As light hits a diamond’s surface, it either enters the stone or gets reflected off its polished surface. This internal and external reflection of light that you can see in a diamond is known as its brilliance.
Fire or Dispersion: When light travels through the diamond, some of the rays are broken down into a rainbow of colours and reflects off the stone’s interior surfaces before reaching your eyes in colourful flashes. Fire is this spectrum of colours that you can see.
Sparkle or Scintillation: If you move the diamond back and forth, you can witness a pattern of dark and light areas and flashes of coloured light emitting the stone. This is a dynamic effect and is known as a diamond’s sparkle.
A well-cut diamond unleashes these three qualities as it helps to direct light through its top. Each diamond cut has a distinctive facet pattern. Light bounces off these facets before escaping from the stone. These unique facet patterns provide each shape a unique brilliance. But the brilliance of every individual stone is affected by the quality of its cut. The cut quality depends on how well the proportions, polish, and symmetry of the stone produces an attractive balance of brilliance, fire, and sparkle. So, if the round brilliant diamond in your pendants shines brightly, it doesn’t mean every round brilliant diamond will do so equally. The stone must have a very good cut to earn its spot among the dazzling lot.
The Different Styles of Cut
The popular diamond cut styles are:
Brilliant Cut Style: In this style, the facets are cut in a way so as to maximise the brilliance of the diamond. The classic round cut is classified as brilliant cut.
Step Cut Style: This cut style has facets running parallel to each other and to the edge of the diamond. Due to the presence of stepped facets, it is named thus. Asscher, emerald, and baguette cut come under this style.
Mixed Cut Style: This is a blend of brilliant and step cut styles. It combines the optical effect of the brilliant style with the dimension of step cuts. The princess cut is a popular cut representing this style.
Fancy Cut Style: This style includes any cut that is not a classic round cut. Among the fancy cuts are the heart cut, the pear cut, and the oval cut.
A List of Popular Diamond Cuts and Shapes
Let’s take a look at some of the popular diamond cuts and shapes that you are likely to see when you go shopping for various types of jewellery, like diamond bracelets, pendants, nose pins, etc.
Round Cut: It is the most popular cut used for shaping diamonds and gemstones. The USP of this cut is its incredible brilliance. The brilliant round cut is considered by many as the classic diamond cut.
Princess Cut: This cut displays the sparkle of the brilliant cut in a rectangular outline. It is the second most popular cut. If you are looking for a square or rectangular diamond with lots of sparkle, this cut can be a good choice.
Asscher and Emerald Cuts: The emerald cut displays rectangular shape with trimmed corners in step cut style. The square version of it is called an Asscher cut. These two cuts differ just in their outlines. They are not as brilliant as the princess cut.
Cushion Cut: They are square or rectangular in shape with rounded corners. This gives them a pillow-like look and hence, the name. This cut displays much brilliance.
Radiant Cut: Yet another brilliant cut, it has a square or rectangular shape. It has some features of the emerald cut as well.
Oval Cut: A modified form of the round cut, it also displays much brilliance. An oval cut is a great choice for stones mounted in gold rings.
Marquise Cut: An oval-looking outline with two pointed ends defines the marquise cut. This cut is good for diamonds that need to be mounted in jewellery.
Pear Cut: This cut has an almost oval shape, but a pointed end gives it the impression of a pear. It has features of both the oval cut and the marquise cut. In other words, it looks like a teardrop.
Heart Cut: This cute cut is similar to the pear cut. But the rounded end has a cleft, which makes it look like a heart. It is one of the most popular cuts for making rings.
Trillion Cut: This unique cut has a triangular outline. The ends of this shape can be pointed or rounded.
How to Select a Diamond That Sparkles?
Since all diamonds don’t sparkle equally, you need to select your diamonds with care. Here are a few tips to help you out:
Inspect the diamond under various light sources: Examine the diamond under spot lighting that is not overwhelming and then under diffused lighting. View it in a mixed lighting atmosphere. Finally, look at it in natural daylight. This way you will be able to see the various elements that produce the sparkle.
Keep the cutting style in mind: Remember that the more facets the stone has the more light it will reflect. If you want ample sparkle in any other shape except round, try to find one in brilliant faceting style.
Be sure of the cut quality: Just the cut style isn’t enough. The quality has to be good as well. If you are not sure of the cut quality, go for a certified diamond. You will have all the details in the diamond report.
So, next time you purchase a piece of diamond jewellery, don’t just buy it blindly. Take a careful look at the product details where the cut and other details of diamonds are mentioned. Also, certain cuts like the marquise an oval make a stone look bigger than it actually is. So, if you are looking for a bigger bang for the bucks you spend, go for them.
Diamond Cuts and Shape
When you buy a diamond ring, the first thing you would notice is probably the size of the diamond. This is known as the stone’s carat weight. However, this is not the only factor to be considered when you buy diamond jewellery. There are 4 Cs that determine the value of a diamond, namely carat, cut, color and clarity. Of these, the cut is often considered the most important one, because it can impact the look, brilliance, and fire of a diamond.
The cut of a diamond refers to its proportions. A diamond’s beauty depends more on how it is cut rather than its color or the clarity of the stone. It is better to buy a well-cut, small diamond than a poorly cut, larger diamond. This article talks about everything you should know about diamond cuts – what it is, how are diamonds cut, different types of cuts, buying tips, and much more.
Cut Vs. Uncut Diamonds
A raw, uncut diamond looks very different from the diamonds used on your diamond rings or bracelets. Uncut diamonds look like transparent or translucent crystals. These may be colorless or tinged in a brownish or yellowish color. The edges of a raw diamond may be rounded or angular. Uncut diamonds have a unique beauty of their own but they are rarely used in this form. Though they are cheaper, these diamonds appear duller and do not sparkle like cut diamonds.
What is the Best way to cut a Diamond?
One rough diamond can be cut in many different ways. It may be cut into one large diamond or several smaller diamonds depending on the shape of the rough stone. The way it is cut will affect the way light reflects off its surfaces, the flashes of color that are seen through it, and how it sparkles. To determine the best way to cut a diamond, there are two aspects to be kept in mind – the proportions of the diamond and its shape.
The proportions of a diamond refer to the relationship between its shape, size, and angles of each facet. If the diamond is too shallow, the light entering it will escape through the bottom. Thus, the sparkle of such a diamond is minimized. Similarly, if the diamond is too deep, light falling on the face of the diamond will not bounce back. This can make it appear dull and smaller than its carat weight. Thus, if a rough diamond was oblong in shape, it may be better to cut it into two small diamonds rather than one deep diamond.
Other aspects of a diamond’s proportions include its table size, girdle thickness, crown and pavilion angle, and culet. When speaking of proportions, it is also important to understand a diamond’s depth% and table%. Depth% can be arrived at by dividing the depth of a diamond with its total width. When comparing two diamonds of the same carat value, the one with the lower depth% will appear larger. Table% can be calculated by dividing the width of the table facet with the width of the entire diamond.
Shape of a Diamond
The contours of the rough diamond also determine the best shape for it. There are many different shapes that a diamond can be cut into. Each shape not only affects the way it looks but also affects its sparkle and fire. Some shapes can also affect the perceived value of a diamond by making it look bigger than it actually is.
What are the most common diamond cuts?
When buying diamond necklaces, earrings, bangles, and other types of ornaments, their shape is usually the first filter. Though shape and cut are technically different terms, they are often used interchangeably by laymen. The ten basic shapes or cuts that you may choose between are:
Round: This is the most popular shape of diamonds for rings and solitaire earrings. A round cut diamond maximizes brilliance and luster. This classic shape is timeless and very versatile.
Princess: Traditionally, a princess cut referred to a diamond cut in the shape of a square. It features sharp, pointed corners and can have anywhere between 40 to 144 facets. Today, rectangular diamonds can also be given a princess cut.
Oval: The oval cut is considered a modification of the round cut. It offers a similar brilliance and sparkle. Oval diamonds are usually flanked by other stones. When it comes to rings, this cut is preferred by people with short hands as it creates an illusion of longer fingers.
Marquise: This cut is named after the Marquise de Pompadour. It can be described as an oval with pointed ends. This unique cut is considered one of the most dramatic cuts for a diamond. This shape makes the diamond look bigger than its carat value.
Pear: The pear shape combines the contours of the round cut and the marquise cut. When buying pear cut diamonds, it is important to look for symmetry. Like the oval cut, when set in rings, a pear-shaped diamond also gives the illusion of a slender hand.
Emerald: An emerald cut diamond speaks of glamour and opulence. This cut features a rectangular shape. A large table and step cut facets. The large table accentuates the diamond’s color and makes inclusions more apparent. From Beyoncé to Elizabeth Taylor, the emerald cut is an all-time favourite.
Cushion: This cut may also be known as the pillow cut. Cushion cut diamonds may be square or rectangular. They are known for their rounded corners and large facets. This makes the diamonds appear brighter. A cushion cut is usually limited to higher carat weight diamonds.
Radiant: This is a combination of the emerald cut and the round cut. Radiant cut diamonds are usually square. Their trimmed corners are inspired by the emerald cut while the facets reflect a round cut. A radiant cut is one of the rarest cuts.
Asscher: This cut is easily confused with the emerald cut except that it is square. The resulting look is dramatic and attention-grabbing. The Asscher cut has a chunky profile, stepped facets and clipped corners. The cut was created in the early 1900s and is very popular amongst people who like vintage style.
Heart: The heart cut speaks of romance and sentimentality. As the name suggests, a stone is cut in the shape of a heart for this cut. This cut is difficult to perfect and hence, its demands a higher price and is usually limited to stones with a high carat value.
Trillion: A diamond cut in this way is triangular in shape and it often has rounded edges. The trillion cut, also known by other names such as the Trilliant, has a unique charm compared to other cuts. Triangle-shaped diamonds are used as both central stones and accent stones.
How is the Cut of a Diamond Graded?
The cut of a diamond can be graded as poor, fair, good, very good and excellent. This takes into consideration the shape, facets, angles, symmetry, culet size, and polish. Poorly-cut diamonds appear dull and do not have any sparkle. On the other hand, diamonds that are graded as an excellent cut reflect nearly all the light that falls on them. Thus, they sparkle brilliantly. Very good diamonds appear similar to excellent cut diamonds under normal lighting. When two diamonds of the same grade are being compared, individual components such as their depth%, table%, symmetry, culet size, etc. may be used as tiebreakers.
Things to Consider When You Buy Diamond Jewellery
When you buy diamond jewellery, always pay attention to the cut because it can make a lot of difference to its appeal. For instance, if you want your diamond to sparkle at the optimal level, a round brilliant cut is always the best option. An emerald cut stone, on the other hand, will have an understated sparkle. Likewise, when you want more value for the money, go for a cut that makes the stone appear larger than it is. Marquise or oval cut diamonds are your best options in this regard. When looking for unique appeal and charm, you can count on the trillion cut or any fancy cut diamonds.
So, now you know what to look for when you buy diamonds next time, don’t you? Make an informed decision and cherish your diamonds forever. After all, diamonds are forever!
Do Diamonds Come in Colors
“But I thought the old lady dropped it into the ocean in the end….”
If you have grown up listening to 90s pop music, you will understand what’s being talked about. The blue, heart-shaped diamond featured in the Titanic was so iconic that Britney Spears immortalized it in her song. This particular diamond, also known as the ‘Heart of the Ocean’ is fictional. However, there are two facts we can infer from Britney’s lyrics. One, not everything that goes down into the ocean is lost. And two, diamonds aren’t always colorless.
So, do diamonds come in colours? Yes, they do and such stones are more precious and rarer than any other gems used in jewellery making. What are these coloured stones? Why do they come in colours and what colours do they come in? How are they graded and what are the different types available? This article gives answers to all your questions regarding these colourful wonders.
But, Aren’t Completely Colorless Diamonds the Most Valuable?
When most of us shop for diamond earrings or pendants, we think of the clear, colorless gemstone. When it comes to these gemstones, yes, a yellow tinge will lower its value. However, this should not be confused with colored diamonds. Colored diamonds (read fancy colour diamonds) are much rarer and much more expensive. Like any other commodity, the price of these diamonds is dictated by demand and supply. When celebrities like Paris Hilton and Beyoncé flaunted colored diamond rings, the demand for these gemstones instantly increased. However, they didn’t become easier to find and hence their value only keeps increasing. Unlike colorless diamonds, colored diamonds do not have to be very large or completely clear to be valuable. Given their rarity, the intensity of a diamond’s color plays the most important role amongst the 4 Cs.
Types of Colored Diamonds
One colored diamond is mined for every 10,000 colorless diamonds. The color of these diamonds ranges from shades of red and yellow to blue, green and even purple. These diamonds can be categorized under three heads on the basis of how they are colored.
Type I Diamonds: Diamonds are made of carbon. When a foreign element gets trapped in the pressurized carbon, it can influence the color of the diamond that is formed. These are known as Type I diamonds. For example, when nitrogen reacts with carbon, the diamond formed may be yellow or orange. Nitrogen also plays a role in some pink, blue and green diamonds. This is the most common element that interacts with carbon to influence a diamond’s color. In fact, 98% of colored diamonds are created this way.
Type II Diamonds: Some colored diamonds are rarer than others. Type II diamonds are almost completely free of nitrogen. Only 2% of all diamonds found fall into this category. The diamonds in this category are formed when the pressure applied on carbon influences their color. They may be further categorized as Type IIa and IIb diamonds. Type IIa diamonds may be pink, brown or colorless. They are considered the purest diamonds. Type IIb diamonds are blue. These diamonds contain trace amounts of boron that is responsible for their cool hue.
Type III Diamonds: The color of some diamonds is influenced in ways other than the two methods mentioned above. These means are known but not very well understood. Gemstones in this category are known as Type III diamonds. Green diamonds are one of the best examples of Type III diamonds. The color of these diamonds is a result of exposure to radiation.
Where Can Colored Diamonds Be Found?
Until the 16th century, India was the source of almost all fancy colored diamonds. Till today, the Golkonda region in south India is the world’s primary supplier of blue diamonds. The famed Hope diamond was also mined here.
Pink diamonds are the most sought-after variety of coloured diamonds. In 2002, Ben Affleck presented his fiancée Jennifer Lopez a 6.1 carat pink diamond ring to mark their engagement. Roughly about 90% of the world’s pink diamonds are mined in Australia’s Argyle Diamond Mine. This is the most famous diamond mine in the world.
Africa supplies the most orange diamonds. These are also known as fire diamonds. Purple diamonds are found primarily in Russia.
Grading System for Coloured Diamonds
Colored diamonds are available in an endless range of colors. However, the number of graded color diamonds is usually in the range of 200-300 shades. There are three aspects that must be kept in mind while grading colored diamonds. These are base color, intensity and secondary colors.
Base Colors: Diamonds are available in shades of 12 base colors. This includes red, yellow, orange, green, blue, pink, purple, brown, violet and gray. In addition, black and white diamonds are also available. The shades of these hues also play an important role. A deep red diamond can look very different from a vivid red diamond.
Intensity of Color: Diamonds in each base color can be further classified based on the intensity of color. There are 9 levels of color intensity. This ranges from faint to fancy vivid. The in-between levels are fancy intense, fancy deep, fancy dark, fancy, fancy light, light and very light. Not all colored diamonds are available in all levels of color intensity. For example, faint, light and very light red diamonds are not available. Similarly, there are no light yellow diamonds.
Secondary Colors: Most colored diamonds cannot be described on the basis of a single color. Instead, they are usually described as a combination of two colors. For example, orange-red diamonds, purplish pink diamonds etc. In some cases, a diamond could even be described as a combination of three colors. For example, it can be a yellowish grey-green diamond. In this case, a weak presence of yellow may be noted in the grey-green diamond. It is important to note that the dominant color is usually mentioned last. For example, when speaking of a blue-green diamond, green is the dominant color.
How Should Colored Diamonds be Cut?
When it comes to cutting colored diamonds, the best cut is one which makes the face color most attractive. Thus, it is more important for a cut to maximize color intensity rather than brilliance. For this reason, most colored diamonds are cut in fancy shapes. This includes oval, pear-shaped, cushion and radiant cuts.
Unlike the case in colorless diamonds, carat weight does not play as important a role in determining the ideal cut. Thus, even though the round cut may result in less weight loss, a fancy cut may be a better choice. This is because a round cut does not always maximize color intensity.
The cut of a diamond also influences its perceived color. For example, when a yellow diamond is given a cushion cut, it may be viewed as a fancy yellow. This increases the value of the diamond and its price per carat.
How to Buy a Diamond Ring without Getting Duped
Ah, diamonds! These exquisite, sparkling gemstones make every occasion memorable and every moment special. No wonder, many jewellery lovers choose to mark their special moments with diamonds, especially a diamond ring. Rings studded with these precious stones make for great gifts. Whether you are gifting it to a loved one, buying one for your engagement, or treating yourself to some bling, there is no comparison to diamonds. After all, what’s there not to love about diamond jewellery, especially diamond rings?
And no matter why you buy a diamond ring, you almost always spend a considerable amount of money for these sparklers. So when you are making a big investment for something so precious, how do you ensure you don’t get duped? That’s why you should choose a diamond ring as carefully as you choose your life partner. Here, we give you a quick guideline for buying diamond rings without getting duped. Read on and make an informed choice.
Things to Know Before Buying a Diamond Ring
If you thought it’s easy to tell if a diamond is real or fake by its dazzling shine, think again. In fact, it is the very shine of faux stones that make many mistake them for diamonds. For all you know, the stone you think to be diamond might as well be zirconia. It’s a simulated diamond that looks and also feels like a diamond, but isn’t really one. And to make things even more difficult, it’s hard to tell the two apart just by their looks. To be sure that you are buying a real diamond ring, there are a few simple steps you can follow. These include knowing the basics of diamonds, carefully choosing a reputable jeweller, and asking for diamond certification, among others. Keep these important things in mind while buying a diamond ring to get your money’s worth.
Get Your Basics Right: The Four Cs of Diamonds
The first step before even choosing a diamond ring is familiarising yourself with the language of diamonds. This includes the four Cs which stand for cut, color, clarity, and carat. These are the four most important factors that help you find out a diamond’s worth.
Cut: Of the four Cs, the cut is considered to be the most important. It defines how much a diamond sparkles. A poorly cut diamond will be dull and shine less as compared to a well-cut stone. Moreover, certain cuts like marquise or princess can make a diamond look larger than it actually is.
Colour: The second C, colour, is defined in terms of grades D to Z. Colourless diamonds graded D are the most costly of all the grades. The price of the diamond decreases as you move from D to Z.
Clarity: The next is clarity. What determine a diamond’s clarity are the tiny imperfections or blemishes in it. These imperfections are called inclusions. The clarity of a diamond decreases as the number of inclusions increases. The higher the clarity, the better the diamond will be. Diamonds with the highest clarity are called flawless (FL) diamonds.
Carat: The last C of the four is the carat. Carat is the term used to define a diamond’s weight. The bigger the stone, the more the caratage of a diamond. The price of the stone also increases as the carat value increases. However, you should keep in mind that two stones of the same carat value may differ in price depending on the other three Cs.
Does Diamond Certification Matter?
Yes, it indeed does! What determines the authenticity of a diamond is its certification. And reputed jewellers will always give you one for the diamond you choose. Real diamonds are certified by gemmological institutes or grading laboratories. A certification serves as insurance in case the ring you buy turns out to be a fake. In fact, don’t buy the diamond ring before asking for the certification. Let it be the other way instead. Buy a diamond ring from jewellers only if they issue a certificate of authenticity.
Buy Your Diamond Ring from a Reputable Jeweller or Online Retailer
With the ever-growing online jewellery business, it’s easy to buy a diamond ring anytime. You have no dearth of options and there are huge discounts you can avail. However, this boom is also the reason why there are many imposters in the market. Buy diamond rings only from a reputed jeweller, whether online or offline. Don’t be lured only by heavy discounts. Look for retailers and jewellers who have been in the business for a long time. Also, check whether they have reviews and active social media profiles. Ask if they can prove the diamonds on the rings they are selling are authentic (certifications, remember?). You need to consider their returns and refund policies as well, before making a decision.
Tips and Tricks to Tell Real and Fake Diamonds Apart
There is no compromising the basic precautions to follow before buying a diamond ring. However, there are some tricks you can use to check the authenticity of the diamond you’re about to buy. Here are two of the simplest tests you can use to tell apart the real diamond from the fake one.
The breath test: This test relies on the fact that diamonds are excellent conductors of heat. If you breathe on to a real diamond, the fog your breath creates will disappear almost instantly from its surface. Whereas, the fake diamond won’t conduct heat as efficiently and will take a longer time to clear up the moisture. However, there is a material called moissanite that is similar to a diamond in its properties. It might also pass your breath test. If you are concerned about the authenticity of your stone, check the facets of a stone of the same shape on the ring you’ve chosen. Since diamonds and moissanites are cut using different faceting patterns, the two will look different because of the difference in their facets.
The sandpaper test: Diamonds are the hardest things on earth. And all it will take to find out if a diamond is real or fake is a piece of sandpaper. Gently rubbing a piece of sandpaper on a real diamond will have no ill effects on it. However, the fake one will scratch easily.
While beauty does lie in the eyes of the beholder, no one would want to buy a fake diamond ring. If you think what the jeweller claims is too good to be true, it might be. Educate yourself about the basics of diamonds. Do your research from where when it comes to choosing the right jeweller. Don’t get lured by extremely low prices even if they are too hard to resist. Keep these things in mind and you can avoid getting duped into buying a fake diamond ring.
How to Choose a Solitaire
What’s the first image that comes to your mind as soon as you hear the word ‘solitaire’? We won’t be surprised if you say it’s a gorgeous ring. In a world of ever-changing jewellery trends, solitaire diamond rings have made their place as one of the most sought-after trinkets. Rings notwithstanding, solitaires are a celebration of beauty and brilliance. Add a solitaire to any jewellery and it is sure to evoke timeless elegance. Such is its appeal! Such is its sparkle!
But choosing a solitaire is easier said than done. If you are not careful enough, you may end up buying a fake stone. Are you planning to buy a diamond solitaire? We tell you how to choose one. Whether you are buying solitaires from your local jeweller or online, there are a few things you should pay attention to. In this article, we talk about everything you should know about choosing a solitaire.
What’s A Solitaire?
So, first things first! What exactly is a solitaire and how does it differ from a normal diamond or gemstone? To put it simply, a solitaire is a single diamond or gemstone. The term solitaire is often used to denote ornaments set with just a single diamond and without any side stone. When set in any jewellery, a solitaire illustrates the significance of one solitary stone within the design.
Though the most popular type of solitaire jewellery is engagement rings and wedding rings, your options are not limited to rings alone. You can find solitaire diamond pendants that feature a single diamond hanging from a chain. Then there are solitaire earrings set with one diamond per earring. The basic idea behind solitaire jewellery is to highlight the beauty of the stone. But your solitaire jewellery will be as good as bad as the stone itself, isn’t it? So, it’s important that you select your stone with care. Here are a few useful tips to help you out:
What to Look for When Selecting a Solitaire?
Perhaps nothing illustrates the proverb ‘less is more’ as much as a diamond solitaire does. Classy and elegant, such sparkling beauties can add a touch of radiance to your look. When selecting a solitaire, it’s important to focus on the features as well as the quality of the stone. The quality of a solitaire, for that matter any diamond, is assessed at four different levels. These four levels are represented by the 4Cs: cut, colour, clarity, and carat weight. Let us look at each of them in detail.
Cut: The cut of a solitaire can impact its value to a great extent. You can consider the cut as the most significant of the four factors. It tells you about the reflective quality and brilliance of the diamond. There are many ways a stone can be cut, such as the round, oval, emerald, marquise, cushion, trillion, and princess, to mention a few. The better the cut, the brighter the diamond looks. So, make sure that your solitaire has a good cut and it shines brightly. Some cuts, like the round brilliant, render the stone more sparkle and brilliance than others. Likewise, certain other cuts such as the oval and marquise makes a stone look much larger than it actually is. You need to consider all these factors while choosing your solitaire jewellery.
Colour: Diamonds are found in nature in many hues. Starting from colourless, they can go up to light yellow or even brown. Colourless diamonds are the rarest and the most desirable ones as well. Unsurprisingly, they are also the most expensive ones you can find in the market. This means, the more colourless your solitaire, the greater its value will be. If you are looking for a high-quality stone, go for one that is colourless or nearly colourless.
Clarity: Most diamonds are known to have natural imperfections in them. The internal imperfections are known as inclusions and the external ones are known as blemishes. These imperfections influence the clarity of a diamond. Sometimes the imperfections are not visible to the naked eye. When you select your solitaire, try to get one that is high on the clarity grade. This means it will be low on imperfections.
Carat Weight: The carat refers to the weight of your solitaire measured in metric carats. One carat is equal to 1/5 gram. It is further divided into 100 points. Note that the carat has no impact on the beauty of the diamond, but it can greatly determine its price. Also, two stones of equal carat weight can differ much in value. This is due to the difference in their cut, colour, and clarity. So, consider the carat weight of your stone after the other 3Cs.
Mistakes to Avoid When Buying a Solitaire
Buying a solitaire is a big investment. You would obviously want to get the best value for your money. Try to steer clear of these common mistakes when making the deal.
Not doing your research: Do not buy your solitaire in a rush. Take your time to understand your requirement. Also, decide how much money you are willing to spend to buy the stone. Get an idea of the 4Cs and understand how to determine the quality of the solitaire. You also need to think if you are willing to compromise on any of the 4Cs in order to stick to your budget. Is your budget fixed or flexible? Having an answer to these questions will help you to make a better decision.
Not opting for certification: Do not overlook the importance of certification when you buy gemstones. A certificate issued by an authorised agency grades a diamond on the basis of the 4Cs. So, you can know about the stone’s cut, colour, clarity, and carat weight accurately. You also get to know if the diamond is a natural one or not. When you get a certificate from a reputed organisation, you are assured of the diamond’s authenticity and quality. This means you reduce the risk of paying more money for an inferior stone. So, always insist to buy a certified diamond.
Not going for a reputed retailer: When you buy solitaire jewellery, always consider the reputation of the retailer you are buying it from. If you go for a dependable jeweller, you are more likely to get certified diamonds. So, you will know that the diamond you are buying is real. Moreover, well-known retailers offer a guarantee on their products. On the other hand, if you go to an unknown retailer, you may not get any of these facilities. Also, in the absence of a certificate, you may have to pay more money than what your diamond is worth. Today, you can also buy jewellery online. Though it saves you the time of going from one shop to another, you need to make sure that you shop with an online jeweller who sells high-quality and certified products. Checking user reviews is a good way to assess the reputation of online buyers.
If you can avoid these common mistakes, you will be able to make an informed decision. As they say, a diamond is forever. So, select your solitaire with care and enjoy its beauty forever and ever.
How to Tell if a Diamond is Fake
Elizabeth Taylor once said, “You can’t possess radiance, you can only admire it”. With something as brilliant and desirable as a diamond, it is easy to get carried away with its radiance. But if you are not careful enough, you can be taken for a ride while buying diamond bangles, earrings, bracelets, and the like. With the increasing number of fake diamonds sneaking into the jewellery market, you are often at a risk of procuring imitations thinking them to be the genuine stones. The worst part is that buying an imitation will burn a deep hole in your pocket. That is why you should know how to distinguish an authentic diamond from an imitation.
The good news is you don’t have to be a gemmologist to determine whether a diamond is real or fake. While the help of an expert is always the best way to do this, there are a few things you can do at home. Outlined below are a few tests to help you determine if your diamond is real or fake.
The Fog Test or the Breath Test
A simple and quick way of verifying the authenticity of your diamond is the fog test. You can conduct this test either on a loose diamond or a mounted one, such as the ones mounted your diamond ringsor pendants. Clean the diamond and hold it within one centimetre of your mouth. Fog it up with your breath in a manner you would fog a window or a mirror. Since a diamond is known to be an efficient conductor of heat, it doesn’t fog up. If your diamond stays fogged for three or four seconds, chances are it is a fake one. Take it to a trusted jeweller and get the jewellery checked.
Use the Loupe Test
A loupe is a magnifying glass through which diamond experts inspect the colour and clarity of a diamond. You can get hold of one from a jeweller and look through it at your loose or mounted diamond in good light. If you notice naturally occurring flaws or inclusions in the stone, it signifies that the diamond is a real one. However, the absence of imperfections does not always indicate a fake diamond. Remember that lab-grown diamonds are without imperfections but they are real. So, be sure to use other tests before ruling out the diamond as fake.
The Water Test or the Floating Test
Do you own loose diamonds which you purchased as an investment or for making jewellery? There is an easy way to determine the genuineness of loose diamonds. It is called the Water Test or the Floating Test. All you need to do is to drop your diamond in a glass of water and observe if it sinks to the bottom or remains floating. The high density of a real diamond will ensure that it sinks to the bottom of the glass. If your diamond floats on the surface, you have a fake one. Since there are some fake diamonds that do not float on water, this test is not a conclusive one.
Of Ice and Fire: Carry Out the Fire Test
No, this test is not as terrifying as it sounds. Putting your loose diamond through the fire test is another way of verifying its authenticity. Use a candle flame or a lighter to heat up the diamond for 30 seconds. Then immediately drop it straight into a glass of cold water. Since diamonds are incredibly strong, this test won’t harm a genuine one. But the rapid expansion and contraction will crack or shatter a fake diamond.
The Refractivity Test
Diamonds have an inherent quality of refracting or sharply bending the light passing through them. A fake diamond lacks this effect. It is possible to judge whether your loose diamond is genuine or not by applying the two methods mentioned below:
The newspaper method: Place your diamond upside down on a piece of newspaper. If you are able to read the print or see black smudges, then the stone is probably a fake one. But it may be possible to see the print through a real diamond if its cut is disproportionate.
The dot method: Take a sheet of white paper and draw a dot on it with a pen. Place the diamond right over the dot and look down at it. If your diamond is real, you won’t be able to see the dot. If you notice a reflection in the diamond, know that it is a fake one.
Check the Mount or the Setting
This test is applicable for your mounted diamond. It is not likely that a genuine diamond will be set in an inexpensive metal. Check for the stamp inside the setting or mount of your diamond. If the stamp indicates that the setting is made of precious metals like platinum or gold, chances are that the diamond is real. But if the stamp signifies that the setting is made of an inexpensive metal, it can mean that the diamond is not authentic. You can take your jewellery to an expert for a more conclusive result.
What to Do If Your Diamond Fails One Or More Tests?
It is best to go one by one when conducting these tests. If your diamond fails one test, do the next one to double-check the results. If your diamond fails all the tests mentioned above, it is highly probable that the stone is a fake one. But if it passes even one test, there still remains the possibility of it being a genuine diamond. Get the stone tested professionally at a gemmologist to determine its authenticity.
How to Procure Authentic Diamonds?
In order to steer clear of any uncertainty regarding the authenticity of your diamonds, follow two important measures while buying them. First, do not indulge in buying uncertified diamonds. Second, always purchase your diamonds from trusted jewellers, who are well-known for selling only high-quality diamonds and diamond jewellery. They say prevention is better than cure. So it is in your best interests to purchase authentic diamonds from certified jewellers. A little care you exercise at the time of purchase will save you from many sleepless nights.
Is Buying Diamond Jewellery A Good Investment
Ask this question to someone from the last generation and you will see them frowning. How can they be blamed? For a long time, we considered yellow gold – solid yellow gold of the highest purity – as the best investment option. Stone-studded jewellery, such as diamond rings, gemstone earrings, etc., is typically made in gold of a lower caratage, such as 18kt or 14kt. Naturally, it never caught the fancy of wise investors. They, on the other hand, considered it unwise to put their money in anything other than gold. But people have changed; so have their investment patterns.
Do you plan to make precious jewellery an investment option? If yes, then you can make diamonds a part of your investment portfolio. According to industry players, diamonds offer good returns. Most importantly, they have witnessed a steady price appreciation in the recent years. However, like other forms of investment, they have their own pros and cons. As an investor, you should be aware of these to get the most out of your investments. Here’s everything you should know about diamond jewellery before you invest in it.
The Pros of Buying Diamond Jewellery as an Investment
Over the last few years, the use of diamond jewellery as an investment tool has seen a rapid increase. Several factors make it a good investment option as compared to gold.
Size: The first and the most obvious advantage it has over gold is its size. Unlike gold bullions, diamonds don’t take a lot of room. These precious gemstones were used as a great means of money transfer since a long time ago. A diamond trinket, no matter how small it is, costs double or triple compared to gold jewellery of the same size. This means diamond ornaments, whether it is diamond bangles or necklaces, make good investment options.
Storability: With small size comes great storability. So much that you can keep a diamond worth hundreds and thousands of rupees in even a small safe. Also, diamond jewellery is an investment one can see, hold, and wear. As a result, many people feel it’s a safer bet than stocks and other digital investments.
Durability: The durability of diamonds is another advantage they have been naturally bestowed upon. It is the hardest thing on planet Earth. You can be sure that nothing will happen to it. You don’t have to worry about diamond jewellery wearing off as long as you take good care of it. This means you can wear your investment and enjoy it as long as you want.
And if you are worried about losing it, you can insure it too. Diamonds are also inflation proof, just like other physical commodities, such as gold, silver, and real estate. However, unlike other physical commodities, diamond jewellery is a more movable and durable investment. Other than the physical aspects and psychology behind diamond jewellery as an investment, they also have financial benefits.
What Are the Risks and Cons of Investing in Diamond Jewellery?
Keeping all the benefits aside, there are also disadvantages and risks involved in having diamond jewellery as an investment.
Lack of price transparency: The first is the lack of price transparency. While commodities such as gold have a popular price index that you can follow, none of that exists for diamonds. The price of diamonds depends solely on the market based on the demand and supply.
Lack of tradability: The second risk of buying diamonds as an investment is the lack of tradability. Buying diamond jewellery is a lot easier than selling them. Some companies do buy them, but the price they are willing to pay will be lower than the price you bought them for.
Long-term benefits: Guess what’s the most testing of all the cons of investing in diamond jewellery? You need to have the patience to reap its benefits. Diamond ornaments are not great tools if you are looking for quick returns or as a short-term investment. If you are ready to wait for the gains, you can make them a part of your long-term investment portfolio.
Guidelines to Keep in Mind before Investing in Diamonds
It goes without saying that diamond jewellery is a good investment option. However, it should make only a small portion of your investment portfolio. It is a great choice to include in your alternative investments category. You can reap their benefits as long as you are aware of the basic guidelines of investing in them.
Learn the basics: The first thing to do is to understand the four Cs, namely clarity, cut, carat, and colour. The fewer the imperfection a diamond has, the higher is its clarity grade. It’s a diamond’s cut that controls its brilliance, which means, better the cut, more the sparkle. Carat is the measure of the weight of a diamond. The last C is the colour of the diamond, or rather the lack of it. White or colourless diamonds have the most value.
Set a budget: After you have understood the basics of diamonds, set a budget you would like to invest. Remember that diamond jewellery should not be your only investment in your portfolio but a part of it. It is true that you will require a much higher amount initially. But make sure that it doesn’t go over your budget when you decide to invest in diamond jewellery.
Make the purchase: Once you have fixed your budget, compare prices with different online retailers. The next step is investing only in certified diamonds. GIA is a gemmological laboratory that has strict certification rules. This makes GIA-certified diamonds the most preferred gemstones. Having a certified diamond is important while both buying and selling it.
Common Mistakes to Avoid While Investing in Diamond Jewellery
The first mistake that most investors make is to expect too much in a short term. Always remember that diamond jewellery is not a get-rich-quickly plan. Diamonds increase in value over time and don’t offer short-term results. In fact, like other physical commodities, the price of diamonds fluctuates from time to time.
The second mistake people often make is to pay too much. The first rule of investing is buying low and selling high. That applies to diamonds too. However, buying low is rarely an option when it comes to diamonds. Do your due diligence to avoid overpaying.
The third mistake to avoid is buying the wrong diamond. This is where the certification plays an important role. Whether you are buying an engagement ring or a pendant, ensure you are getting only a certified diamond.
Diamond jewellery as investment offers a lot of opportunities provided you do your homework. They are beautiful investment options as long as you don’t buy them to resell immediately. They diversify your investment portfolio while giving you access to some of the best jewels in the world of jewellery. Consider the pros, cons, and guidelines to stay ahead of your game.