Did you recently try to sell your diamonds and were disappointed in the price you were quoted? Believe it or not, this happens to many individuals. While it may be frustrating, determining how much a diamond is worth depends on much more than just its size. Two similar sized diamonds could be sitting next to one another and be worth two totally different prices.
If you buy the diamond online, you must know something about the 4 C’s, namely the diamond’s carat, color, clarity and cut. Each of them will influence the price of the diamond ornament. Perhaps you can’t tell the difference by watching. However, the prices for different grades of diamond differ greatly. Take the clarity for instance, if you select the diamond of VS2, its inclusions can’t be seen by the naked eye, so does the diamond shape of VVS1, but their prices are quite different. The price of VVS1 is far higher than that of VS2.
If the diamond price has a significant value to you, it is recommended that you try to have it auctioned through auction houses. If it is not a so-important or high-end one, you may try selling it through classified ads or eBay. Just be careful when selling it to an individual that you can never meet especially if it involves a big amount of money.
This option won’t actually affect the diamond itself. It only changes the setting and the way that the light reflects inside the diamond. By using bigger settings, you can have more control over how the light inside the diamond exits. This can not only make the diamond look larger, but can add specific hues to the diamond. For example, by using a gold setting, a diamond can have a yellow tinge, or by using a silver setting the diamond can have a grey tinge. This is by far the cheapest option if you would like to make your diamond look like a different, or deeper colour than what it really is.
The grading procedures will still remain the same as the normal diamonds when it comes to heat treated diamonds. If the stone in question has a deep colour to it, then the grade will be according to that colour. However, the original colour will be stated in the documentation and a remark that it has been treated will be noted.
Do you know your 4Cs? I know that this keeps coming up whenever the topic of diamonds comes up but it’s important none the less. Why? Well if you don’t know the quality of your diamonds and you are shopping for say… discount diamond wedding rings, you will get some great bargains but the quality of the stones might be so low that you are doing the merchant a favour by buying them.
Now, as said before the price of the diamond will be determined along all these factors. Thus if the stone is large, but has many inclusions which are visible, or ranks poorly on the color scale, then it will cost less than say a stone which is half in carat weight but has superior aesthetic value, so keep these things in mind when you go buying diamond online the next time.