How Diamond Prices Are Determined
Pricing most products is quite easy. Determine how much it costs to make the item, how much it costs to market that item, and then mark it up by 15 ? 30% or more. Simple, right? Well, pricing diamonds isn't quite that simple. There are many factors that are considered when diamonds are priced.
Diamond prices are determined first by adding the cost of the rough diamond, the cost of cutting the diamond, and all other costs necessary to turn the rough diamond into a marketable diamond. Depending on the importance of the diamond, an independent company may be called in to certify the grade of the diamond based on color, cut, clarity, and weight.
At this point, the diamond becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more.
Before reaching the retailer, however, the diamond must travel from the mine, to the cutter and polisher, to the independent grading company, and then to the Primary market. Once it has reached the primary market, it will be purchased by diamond dealers and wholesalers, and from there it will be sold to retailers.
As you can see, the earlier you can purchase a diamond in the process, the lower the cost of the diamond will be ? but not the value. The value is based on what the diamond will sell for in the market place ? through a retailer.
If you own a diamond, and you have no idea how much it is worth, you can have it appraised, but the appraisal may not be accurate. You will be better off obtaining a certificate through GIA ? Gemological Institute of America. With the information on this certificate, you can use a cutter's guide to accurately determine what your diamond is worth.
There are also many diamond price calculators available. These can be found on the Internet, and many diamond dealers use these as well. You must realize, however, that before you can accurately price a diamond, without a Diamond Grade Report, you need to know quite a bit about diamonds, such as different cuts, clarity, color, and weight ? and how each of those aspects adds to the value of a diamond, or decreases the value of
the diamond as the case may be.
The price per carat does not increase smoothly with increasing size. Instead, there are sharp jumps around milestone carat weights, as demand is much higher for diamonds weighing just more than a milestone than for those weighing just less.
As an example, a 0.95 carat diamond may have a significantly lower price per carat than a comparable 1.05 carat diamond, because of differences in demand.
Carat size
Cost per carat (US$)
Total cost (US$)
0.5 carat (50 points)
3,000
1,500
1.0 carat
6,500
6,500
1.5 carats
8,500
12,750
2.0 carats
13,000
26,000
3.0 carats
17,000
51,000
5.0 carats
23,000
115,000
A weekly price list published by Rapaport of New York, of diamond prices per carat, for different diamond cuts, clarity and weights, is currently considered the de-facto retail price baseline. Jewelers often trade diamonds at negotiated discounts off the Rapaport price (e.g., "R -3%").
Again, you will be better off if you get a Diamond Grading Report on the diamond, and use that information to look up the price in one of the guides that the diamond cutting industry uses. This will give you the most accurate value of the diamond in your possession, or of the diamond you are considering purchasing.
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inks2u.co.uk Offers Black Diamond Digital Printing at an Affordable Price
Online shoppers can now buy digital quality compatible printer cartridges at a very affordable price,inks2u.co.uk have released there range of digital cartridges to online shoppers, one shopper was quoted as saying "I purchased a set of the cartridges and I can't believe the quality for the price" this is because inks2u.co.uk has a fixed price policy. All the Black Diamond compatible cartridges are the same price. Black or colour, the website inks2u.co.uk carries a full range of cartridges for all popular printers. If you are into digital photography, you will not find a cartridge that comes close to the quality these cartridges will produce. Under tests, the photos that these cartridges have produced are so clear that even an amature with a medium-priced digital camera can get professional looking prints.
The full range of compatible cartridges are available now.inks2u.co.uk is an internet-based company but hopefully we will soon see Black Diamond cartridges available through...
inks2u.co.uk Offers Black Diamond Digital Printing at an Affordable Price
Diamond > inks2u.co.uk Offers Black Diamond Digital Printing at an Affordable Price
Diamond Promise rings ? For When You Mean It.
Diamond promise rings are quite common, but many are not all that sure what they are. What is a promise ring? And what does it mean? Promise rings (all of them, not just diamond promise rings, I just love diamond ones) are a symbol of a promise made between 2 people that both intend to keep. Not just any old promise, there are lots of those. But a really serious promise. One that is so important between two people that they are both prepared to make a public statement of their promise and intention to keep it by the wearing of a diamond promise ring.They can also be known variously as a pre engagement ring, or a purity ring.
Each is slightly different. Sometimes they are called a friendship ring, perhaps incorrectly.A pre engagement ring is a symbol of an intention between 2 people to get engaged at some time in the future. A diamond promise ring of this type is a serious commitment. One not to be undertaken lightly. A statement to all who see it that these 2 people are committed...
Diamond Promise rings ? For When You Mean It.
Diamond > Diamond Promise rings ? For When You Mean It.
Spirituality Goes Chic: Chopard embraces OM
Chopard, world-renowned jewelers and watchmakers, has collaborated for the first time with luxury goods retailers, Mandala Ltd., to introduce a numbered series of limited edition Diamond OM Pendants, bringing the celestial together with sophistication and glamour.The Chopard Diamond OM Pendant will debut in New York City at the Masters of Indian Cinema Film Festival.
The Chopard Boutique on Madison Avenue will also showcase this first time collector's item by appointment only, allowing customers to reserve the limited edition number of their choice, subject to availability.Drawing on the significance of the number nine in South Asian culture, only 999 of the two versions of the Diamond OM Pendants will be produced. A portion of the proceeds from each sale will be donated to various charities in India with the primary focus on funding the provision of water to villages.
Support will also be given to relief efforts following natural disasters, such as the flooding caused...
Diamond > Spirituality Goes Chic: Chopard embraces OM
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