It holds lots of viable data (much more than the diamond 4 Cs) on diamonds in general and on colored diamonds.
Prices in a free market are determined by supply and demand – the most basic rule of economy. This is also true with the pricing of diamonds.
The better quality diamonds are harder to find in nature and are also (naturally) more sought after – I have yet to find a person saying no to a better color diamond or a diamond of a bigger size if offered for the same price. These two facts cause a very large spike in the prices of diamonds when you climb the latter of a diamond’s quality – no matter which criteria.
In the step by step guide below we will teach you how to harness these attributes and get the maximum diamond for the less amount of money while the appearance of the diamond will remain quite the same.
When it comes to colored diamonds that are by far rarer than regular diamonds the example of the second diamond is more accurate – the price will jump dramatically.
And in continuous to the previous advice, you also understand that it doesn’t even have to look smaller.
When evaluating a colored diamond special attention is given to its color, much more than in whites. There are hundreds of diamond colors. A lot of colors have a counterpart color that is similar (or related) and by far cheaper.
Generally speaking, colored diamonds prices are divided into groups. The affordable colored diamonds – Gray, Brown and Yellow (excluding vivid yellows). The medium level is made of the oranges and high quality yellows. The ultra-rare and expensive green, blue, pink, purple, violet and unmatched reds.
How to use this information?
When a colored diamond has a secondary color of an inferior grade it decreases its price. This equation works both ways: A pure Pink diamond is by far more expensive than a Brownish Pink Diamond which is a pink diamond with a slight tone of brown in it. Alternatively, a pure brown diamond is cheaper than a pink brown diamond.
Even if your heart is set on a specific color, consider those with a secondary color. The effect on the color may be negligible but on the pricing it will be very noticeable.
The above pictures belong to a 1.50 carat beautiful vivid yellow diamond with si2 clarity. Its price is by far cheaper than an equivalent vs clarity diamond. The picture on the left is how the inclusion seems under our website’s loupe and the picture on the right is the same diamond in reduced size. Note that the actual size of the diamond is 6.5mm.
Can you see the inclusion? Is going up to VS clarity worth $10,000 to you?
Don’t exclude anything till you look at it. Don’t minimize your search to a VS diamonds and above. Most SI1 diamonds and even a lot of the SI2 diamonds have inclusions that are invisible to the naked eye. Why pay to have a diamond with no inclusions that anyhow you cannot see?
This is especially true when looking on colored diamonds. If you happen to be looking for a dark colored diamond, a dark brown diamond etc., the chances are that most si2 and even I1 inclusions will barely be seen.
In colored diamonds, the shape has an additional dimension to consider which causes a greater price difference.