For many, a diamond is a symbol of love and commitment, but it is also a significant financial asset. If you are considering selling your diamond jewelry, understanding its true worth is essential. This guide provides a comprehensive look at diamond resale value in Singapore, including current market trends and professional advice on getting the best return.
Market Trends: What’s Driving the Value in 2025?
The last few years have seen a decline in natural diamond resale prices, largely due to the rise of lab-grown diamonds. However, with CVD (Chemical Vapor Deposition) diamond prices dropping considerably, the natural diamond market has begun to stabilize.
Currently, prices are falling due to the global socio-economic situation, but high-quality diamonds with high standards are showing a rise in value due to much lower production and supply.
For those looking to sell now, the market trends are in your favor if you own a specific type of stone. The current trends favor fancy shapes like oval, marquise, and cushion, in addition to colored diamonds. If your diamond is one of these on-trend shapes, you're in a good position to get a strong offer.
The Price Gap: What You Paid vs. What You Get Back
When you go to sell jewelry in Singapore, the difference between the retail and resale price is a common surprise. This gap is fundamentally caused by three key factors:
Retail Markup: This is the primary and most predictable reason. The retail price you pay includes significant costs for brand marketing, showroom overhead, and the retailer’s profit margin. These are all expenses a second-hand buyer has no interest in paying for. This reality means that from the moment you leave the store, the value of the diamond itself is all that matters.
How Well You Bought It: We see surprising gaps—especially pre-internet, but even today—between what people paid for the exact same stone from different retailers due to varying markups.
The Dealer's Buying Price: A dealer's offer can vary based on their need for specific inventory, how quickly they anticipate reselling the diamond, and general market fluctuations.
To illustrate this gap, consider the following hypothetical scenario:
Table 1: Hypothetical Price Journey of a 1-Carat Diamond
StageDescriptionPrice (S$)Wholesale ValueEstimated intrinsic value of the 1-carat diamond4,000Retail Price (Luxury)Price at a high-end brand, including high markup12,000Retail Price (Online)Price from a competitive online retailer5,500Resale Offer (Dealer A)Offer based on immediate resale potential2,500Resale Offer (Dealer B)Offer for a high-demand, well-certified stone3,500
The Main Factors Affecting Your Diamond's Value
Knowing the core characteristics of your stone is the first step toward understanding its value of diamonds in Singapore.
The 4Cs (Carat, Color, Clarity, Cut): A diamond’s value is fundamentally tied to its 4Cs. The bigger, whiter, cleaner, and better-cut the diamond, the higher its value. These are the non-negotiable standards for diamond grading in Singapore.
Extra Parameters: Brilliance and luster are crucial. Avoid stones with significant inclusions that impact light performance.
Market Demand by Shape: Consider current trends; fancy shapes like oval and marquise are currently popular.
Brand and Origin: Branded settings from luxury houses or rare natural fancy colors can command higher prices.
To further understand how the 4Cs impact resale value, here's a simplified comparison:
Table 2: Impact of 4Cs on Resale Value (1-Carat Round Diamond)
CharacteristicLower GradeHigher GradeImpact on Resale ValueColorJ-K (Slightly Yellow)D-F (Colorless)Significant IncreaseClaritySI2-I1 (Visible Inclusions)VS1-VS2 (Minor Inclusions)Moderate IncreaseCutGood/Very GoodExcellent/IdealSignificant IncreaseCertificationNon-GIAGIASignificant Increase
Expert Tips for Getting Top Dollar
Whether you are looking for where to sell diamonds in Singapore or simply want a diamond appraisal Singapore, these professional tips can help you maximize your return.
Avoid "BGM": Be wary of brown, gray, or milky tinges that have a lower value.
Check Fluorescence: Strong blue fluorescence can negatively affect higher color grades.
Focus on Perfection (if you plan to resell): Ideal cuts and absence of flaws increase resale potential.
Prioritize Certification: A certified diamond in Singapore, especially with GIA, is crucial.
Lab-Grown Stones: Understand the limited resale market for lab-grown diamonds.
By understanding these factors and market dynamics, you can navigate the process of selling diamonds in Singapore with greater confidence and achieve the best possible cash for diamonds in Singapore. Always seek a professional diamond appraisal in Singapore to ascertain the true market value of diamonds before selling to jewelry buyers in Singapore.
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What Makes a Diamond Sparkle or Shine?
April 14, 2021
When Rihanna sang “Shine bright like a diamond,” we all felt that. Think of anything shiny, and you will undoubtedly be thinking of diamonds. So, what is the reason for this shine, and what makes a diamond sparkle?
Reflection of light
We all know that rough diamonds have to be cut in order to shine. But why is this so?
Upon cutting a diamond, it begins to sparkle because of its ability to reflect light correctly.
When light strikes a diamond, only part of it is reflected. The rest enters the diamond and strikes against the multiple facets. This trapped light is what makes a diamond sparkle, and any well-cut and polished diamond makes optimum use of the light which enters it.
The proportions and cutting determine the angle at which light enters the stone and is what makes a diamond sparkle. If the light does not enter at the best angle, the diamond will not reflect light properly.
Moreover, the craftsmen take special care to cut and shape the diamond in such a way so as to enhance the light and dark areas. This contrast highlights the sharpness and clarity of the diamond, giving it a crisp look.
To understand what makes a diamond sparkle, we need to look at the factors that play a vital role in this process.
Internal reflection, Refraction & Dispersion of Light
When a ray of light strikes the surface of a diamond, only a small part of the light is reflected. Light enters the diamond through one of the facets at the top of the stone. It then travels from top to bottom, striking against the multiple parts.
Depending on the parts where the light strikes, diamond refraction takes place. As a result, light and dark areas are enhanced, which gives the diamond a clean, neat appearance.
You may have noticed flashes of color when light hits a diamond at different angles. This happens due to the process of dispersion.
Dispersion of light in a diamond is also commonly referred to as the “diamond fire”. When white light enters the stone, it splits into the constituent colors of the rainbow inside the diamond itself. These colors exit the diamond from the top and bounce back into the eyes of the viewer.
Diamond Cut
As you might have understood, the diamond cut holds the key to diamond shine and sparkle. To understand diamond cut, it is best to be acquainted with the basic parts of a diamond:
Girdle : This is the outer edge or diameter of the diamond. A well cut diamond can be judged by looking at the thickness of the girdle. Ideally, the girdle should be of proportional thickness to the size of the stone. Therefore, it should not be too thick or too thin. Additionally, the girdle should also be even throughout otherwise the diamond will appear deformed.
Culet : The culet refers to the flat portion of the diamond at the very bottom. Ideally, a culet should be very small. Many diamond cuts may not have a culet altogether.
Table : The diamond table refers to the flat surface at the top of the diamond. Since we look at any diamond from the top angle through the table, it needs to be well cut and polished. A good balance of percentage between the table and depth needs to be maintained for a diamond cut to sparkle well.
Depth : This is the distance between the table and the culet, i.e. the top and bottom of the diamond. The girdle divides the depth. The weight of any diamond is revealed by its depth. As a result, a good depth percent should be maintained for the overall aesthetic appearance of the diamond.
Diamond Clarity
Apart from diamond cuts, even the stone's clarity is important since it is also what makes a diamond sparkle. Very often, natural diamonds have many imperfections and flaws. This often compromises their clarity. But sometimes these inclusions are too minimal to be noticed by the untrained eye.
Diamonds that are free from internal flaws are extremely rare. Diamond value also varies on the basis of relief and inclusions present in the stone. Thus, the bigger the inclusion, the less will the diamond shine.
Blemishes in a diamond can also take the form of small clusters of pinpoints, internal grains, cracks or cavities. These prevent free movement of light inside the diamond. As a result, such diamonds appear whitish, hazy or dull in appearance depending on how closely clustered these imperfections are.
Polishing a Diamond
Polishing a diamond is the final step, also called the finishing touch to the stone.
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How Uncut Diamonds is Determined and Valued?
March 17, 2021
What comes to mind when you think of an uncut diamond? As the very name suggests, they are raw and unfinished. Most people also know that an uncut diamond is cheaper than a well-cut and finished diamond. Why?
Normally, the value of diamonds depends on 4 primary factors – color, clarity, cut and carat weight. When it comes to uncut or rough diamonds, these factors are reduced to 3 – color, clarity and carat weight of the stone.
Cutting a diamond is a very expensive process, and this is reflected in the price of the final cut stone. On the other hand, an uncut diamond has been freshly mined and brought to the surface. It is untouched by any procedure that gives the diamond its final fancy appearance.
So, how exactly is the value of an uncut diamond determined? In this article, we will be answering this question along with several others. But first, let us clearly establish what we mean when we speak of an uncut diamond.
What is an uncut diamond?
Uncut or raw diamonds are those that have not been cut, shaped, polished, or treated in any form. A natural or real uncut diamond is one that has just been mined out from below the earth’s surface. Only when an uncut diamond is found to be of high quality, it is then sent to professional diamond cutters and jewelers. Such diamonds are then cut and polished to fit into different types of jewelry.
Importance of cutting and polishing a diamond
It goes without saying that a diamond’s beauty lies in its cut. While an uncut diamond also looks precious and unique, it is the intricate cutting process that makes the diamond sparkle.
Cutting a diamond is the key to increasing its appeal and so, requires expert craftsmanship and skill. A common misconception is that a diamond cut refers to its shape. Whereas in fact, diamond-cut involves the proportions, polish, symmetry and depth given to the stone.
The cut of the diamond determines the angle at which light enters it. If the light does not enter at the best angle, the diamond will not reflect light properly. This will result in a dark and dull appearance, which in turn will decrease the diamond’s value.
In case a diamond is not unpolished or not polished enough, its facets cannot act as mirrors. So, light is not reflected properly, and the diamond appears dull and ordinary. Due to the distorted light reflections, any blemishes on the surface of the diamond become even more pronounced and make the stone look rough.
Before we look at uncut diamonds and how they are valued, let us understand the grade chart for diamond cuts.
You must have heard of GIA diamonds. Have you wondered why they are so valuable? The reason is that the Gemological Institute of America (GIA) is the most trusted and reputed laboratory when it comes to assessing diamonds.
They have come up with a uniform grading system for diamonds with the following grade chart: Excellent, Very Good, Good, Fair and Poor.
Since GIA covers the most important factors to check the diamond cut quality, their system of grading is followed by most laboratories. As a result, diamond cut grade is assigned based on proportion, symmetry and dimensions that enhance the overall appearance of the stone.
When an diamond is cut, it is carried out in such a way that maximum light can be reflected off the stone. But diamond cut cannot determine the final look of the diamond all by itself. The color, clarity and carat weight have a major impact on diamond cut.
So, any professional and experienced diamond cutter will aim to enhance the clarity of the stone and simultaneously mask any inclusion or unwanted tint in the stone. They will also try to trim away as little as possible from the original diamond so that the final cut stone is big in size.
Now that you know how an uncut diamond is cut, let us move on to the burning question:
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How is an uncut diamond valued?
An uncut diamond follows the same rules which determine the value of other diamonds with the exception of diamond cut. This means that three factors are considered while determining the worth of an uncut diamond. These are clarity, color, and carat weight.
Clarity
Very often, naturally occurring uncut diamonds have internal or surface imperfections, flaws, and inclusions. This compromises their clarity of the stone. An uncut diamond with minimal blemishes is of high value. These can be masked when the stone is finally cut and given a flattering shape.
Color
The color of an uncut diamond determines if it is suitable for jewelry or not. Uncut diamonds having a heavy yellow or brown tint are less desirable. On the other hand, if an uncut diamond has a very slight or even negligible tint, it is used for making jewelry. As a result, there is an increase in its value.
Carat weight
One metric carat is equal to almost 0.2 gram. One metric carat is divided into 100 points. Diamonds are weighed to a thousandth of a carat and then rounded up to the nearest hundred (or point). Due to the extreme precision required in weighing diamonds, even the fraction of a carat can make a huge difference in the diamond value. Thus, accurate weighing of an uncut diamond is of great importance.But if a rough diamond of high carat value has a lot of blemishes that need to be cut out, then it won’t be of high value. On the other hand, a smaller but clearer uncut diamond is more desirable, and thus, fetches more money.
Are you planning to sell diamond jewelry? We offer the best prices in the city! Book your free appointment today.
You can also check our topic: What is the Best Diamond Cut for an Engagement Ring?[greeting]
Here’s How Diamond Fluorescence Affects Price And Color
March 8, 2021
If you’ve seen a diamond and held it close, you must have observed a soft glow in it. No, we are not talking about reflected light which gives a diamond its sparkle. Rather, we are referring to diamond fluorescence.
Very often, diamond fluorescence causes confusion among people who don’t have prior knowledge about it, and in turn, affects their decision to buy diamonds. In this article, we aim to discuss everything you need to know about fluorescence and the ways it affects the price and color of diamonds.
So, what is diamond fluorescence and what causes it?
When diamonds glow, they are actually emitting visible light. This fluorescence in diamonds has caused exposure to UV rays from the sun or other artificial sources. This usually causes them to emit a soft bluish or yellowing light. But once the source of UV light has been removed, the fluorescence is gone. But not all diamonds are capable of fluorescence, and the ones that do, only have fluorescence up to a certain degree.
Can diamond fluorescence be graded?
While the Gemological Institute of America (GIA) considers four primary factors called the four Cs – color, clarity, cut, and carat weight while grading diamonds, they also consider diamond fluorescence to be an important aspect of diamonds.
GIA lays out a fluorescent diamond grading system based on the intensity of diamond fluorescence. Thus, the intensity of fluorescence in diamonds is either None, Faint, Medium, Strong, and Very Strong. It has checked and assessed in labs. If the diamond fluorescence has been recorded as Strong or Very Strong, then in that case will also note the color of the diamond.
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Diamond fluorescence and colored diamonds:
The most common fluorescence color in diamonds is blue, so much so that 99% of all is blue. It occurs when diamonds have exposed to longwave UV lights. Very rarely, it exhibits colors like yellow, white, or red.
Depending on the degree of intensity of diamond, the diamonds can either appear hazy or enhance the color:
· Diamonds with Faint and Medium have often been recommended.
· Diamonds with Strong and Very Strong fluorescence can make the diamond look extremely hazy and cloudy. This hampers the overall look of the diamond.
· Blue fluorescent diamond very often enhances the diamond color.
·In case certain diamonds have a Faint to Medium fluorescence which does not change its appearance, you should definitely go for them because they will save you a lot of money.
· Since it is visible only under UV light, make sure to have the jeweler show you the diamond in UV as well as in a natural light setting.
· The lower grades diamond color can usually be enhanced if they have high quantity.
· Low color grade diamonds are less likely to turn hazy or cloudy even if the it is strong.
· In fact, blue fluorescence can make a diamond appear whitish. Thus, the yellowish tint in low color graded diamonds can usually be countered with such blue fluorescence.
Bottomline
In the end, the decision rests with you. Almost all studies have revealed that diamond fluorescence is hardly ever noticeable to anyone with an untrained eye. So, if the diamond looks good and you are happy with your purchase, you shouldn’t really bother about it. Unless the it is absolutely horrible and the diamond loses its clarity, it can be well worth your money to buy low-graded colored diamonds with strong fluorescence. Bear in mind that diamonds with fluorescence often sparkle much better than those without them.
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8 Types of Fake Diamonds You Won’t Believe Exist!
March 3, 2021
Any person with a keen eye for jewelry has heard of faux diamonds. Different types of fake diamonds have flooded the market and have become increasingly popular among people. Such stones are artificially treated to resemble real diamonds.
But with this growing popularity of fake diamonds arises another problem – very often many uninformed people believe such diamonds to be real as a result of which they are cheated.
You must have heard of synthetic or imitation diamonds. These are extensively used to make heavy jewelry designs at low prices. These too, fall under the category of fake diamonds and are sometimes so convincing that they may fool the untrained eye.
What is a Fake Diamond?
Fake diamonds refer to those stones that have a different chemical composition when compared to real diamonds. They are most commonly known as stimulants or imitations. The reason is that they are mostly made in labs and resemble natural diamonds to a great extent. However, you must understand that of the different types of fake diamonds, some of these imitations are stimulants or naturally occurring stones, while others are synthetic or lab grown diamonds.
What are diamond simulants?
A diamond simulant is a naturally occurring stone which has gemological similarities with naturally occurring diamonds. Most diamond simulants are a combination of artificially made diamonds and naturally found stones.
What are synthetic diamonds?
Also known as laboratory-grown diamonds, synthetic diamonds have artificially made. As a result, they have the same chemical composition as real diamonds. However, due to the fact that they are completely man-made, they are different from naturally occurring diamonds as well as diamond simulants.
On the whole, buying different types of fake diamonds, whether simulants or synthetic, has become quite popular. And why not? These faux diamonds have the luxurious feel of real diamonds at pocket-friendly prices!
Now that we’ve established the strong presence of faux diamonds, let us take a look at the different types of fake diamonds available in the market.
1. Cubic Zirconia
Cubic zirconia is a popular name in the world of diamond jewelry, and is so similar in appearance to real diamonds that it is difficult to tell the difference with an untrained eye. Before you ask the question: Is cubic zirconia fake? Let’s clarify its nature immediately.
Cubic zirconia is a naturally occurring stone that has most commonly used as a diamond simulant. Scientifically, it is the cubic crystalline form of zirconium dioxide and is often mistakenly confused with zirconium silicate. Due to its colorless appearance and hard, durable material, cubic zirconia is the most popular among all the different types of fake diamonds. While it is not a highly expensive stone, it is by far the closest in appearance to naturally occurring diamonds.
Another reason for the constant popularity of cubic zirconia is that it is also available in specific colors that resemble other precious gemstones.
How to tell the difference between cubic zirconia and real diamonds?
· Hold them up to the light. Cubic zirconia will produce a rainbow of colors whereas a real diamond will simply sparkle more intensely.
· A fog test acts as a fake diamond tester. If you breathe on a cubic zirconia, it will remain fogged up for a short while. However, the fog on a real diamond clears up immediately.
2. Moissanite
Moissanites, scientifically known as silicon carbide, are naturally polymorphs. However, they are exceedingly rare, which is why most moissanite are grown and cultivated in laboratories.
These synthetic stones bear a strong resemblance to diamonds, making them a top-ranking contender among the different types of fake diamonds. However, they are a tad bit more colorful than real diamonds, due to which when they are exposed to light, they sparkle colorfully.
On the other hand, moissanites are highly durable and hard, ranking 0.5 on the Moh’s scale measuring hardness.
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3. Spinel
Spinels are naturally occurring minerals available in a wide variety of colors from white and colorless to red, pink and black among others. Synthetic spinels are also frequently cultivated in labs in many colors. Cobalt is added to colorless spinels to give them a striking blue color.
Spinels are rich in history, with recorded use in civilizations across the globe. Today, their popularity is ever-rising due to their commercial demand as types of fake diamonds. They measure between 7.5 and 8.0 on the Moh’s scale of hardness. Thus, they are durable and great for use as imitation stones.
4. Zircon
Very often confused with cubic zirconia as discussed earlier, zircon is actually more expensive than cubic zirconia. While most zircons are safe to wear, some may contain mild levels of radioactivity. They occur in a range of naturally occurring colored stones – the most popular being red, blue, green and white.
5. Russian Diamonds
Mined primarily in Russia, these Russian diamonds are a class apart in the different types of fake diamonds. Cut and polished with extreme precision and finesse, these stones are an excellent substitute for real diamonds. While they are obviously cheaper than naturally occurring diamonds, they are more expensive than other faux diamonds. However, the quality, finish and overall appearance of Russian diamonds more than make up for the slightly higher prices.
6. White Sapphire
While you may have most commonly heard of blue sapphires, naturally occurring white sapphire stones have a charm of their own. They are the best bet for people who want to get something “real” but not as expensive as real diamonds. This is the reason why white or colorless sapphires are fast gaining popularity, especially as an alternative to an expensive diamond engagement ring.
7. Diamond Nexus
Almost all synthetic or lab-grown diamonds have one primary element – carbon. However, the latest breakthrough in synthetic diamonds has given birth to something new. The diamond nexus is hailed as the closest thing to real diamonds due to their unique patented proprietary formula. They can be graded based on the 4Cs of clarity, color, cut, and carat weight used to evaluate real diamonds. As a result, they have also tested for their durability and hardness, revealing their close resemblance to real diamonds in every field.
8. Glass
Among the different types of fake diamonds, crystal glass diamonds are extremely common. They are available in several bright colors and are polished to enhance the appearance.
Final thoughts
In conclusion to the different types of fake diamonds discussed at great length in this article, it is obvious that such faux diamonds have flooded the market. However, the bottom line remains that nothing can ever replace original diamonds – neither in terms of sentimental value nor their monetary worth. Moreover, you can never hope to fetch high prices for your jewelry if the stones on them have been artificially synthesized.
At Sell Your Jewelry, we offer 100% free consultation with our experts trained to assess your diamonds professionally. Based on the evaluation, they offer the best prices in the city for them. Book an appointment today.
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Diamond Polish & Symmetry: The Ultimate Guide
March 2, 2021
When we talk of diamonds, the first thing that comes to mind is their brilliance and sparkle. A “finished” diamond is one that has undergone proper cutting and polish. This is where the expertise and precision of the craftsmen come into play. Thus, diamond polish and symmetry are two factors that contribute significantly to the overall appeal of diamonds.
The Gemological Institute of America lays a great deal of importance on the 4Cs – cut, clarity, color, and carat weight of diamonds. However, apart from these, each GIA diamond report also features a detailed assessment of the polish and symmetry of a diamond. Each diamond is then rated on a scale ranging from Excellent to Poor on the basis of diamond polish and symmetry respectively.
How important is diamond polish?
We all understand that diamonds need to be polished in order to get the final luxurious look. No one spends money on rough, uncut diamonds. A polished diamond brings out the cuts and facets of the stone. This allows light to enter the stone and we experience the “dazzle” which is actually the phenomenon of total internal reflection. While polishing any diamond, tiny bumps and inclusions that might be present on the surface of the stone are smoothened out.
In case a diamond is not unpolished or not polished enough, its facets cannot act as mirrors. So, light is not reflected properly, and the diamond appears dull and ordinary. Due to the distorted light reflections, any blemishes on the surface of the diamond become even more pronounced and make the stone look rough.
How are diamonds polished?
A polishing wheel, which has a function similar to that of a sander, is used to polish diamonds. This polishing wheel actually has a finely ground surface that rubs against the stone that needs to be polished. Most industrial diamonds are polished mechanically in this manner.
You might have also heard of hand-polished diamonds. This is done in cases where diamond grading has revealed that the stone is of excellent quality based on the 4Cs. Here, the diamond is not polished by a polishing wheel, rather it is meticulously polished by hand. This raises the value of the diamond and it will be priced higher.
Diamond polish grades:
Polished diamonds are graded on a scale ranging from Excellent to Poor. Thus, your diamond may fall into any of the following categories:
Excellent:
There are no visible surface flaws or bumps even under 10x magnification.
Very Good:
The polishing flaws are so minimum that they are only very slightly visible under extreme magnification.
Good:
The polished diamond may have flaws that are difficult to spot under high magnification.
Fair:
The diamond has polishing flaws that are visible to the naked eye when viewed closely.
Poor:
The polish flaws are quite evident, making the diamond look rough and unfinished.
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What is diamond symmetry and how important is it?
Diamond symmetry encompasses a lot of things – the diamond shape, alignment, and diamond cut. While the 4Cs of diamond grading laid out by GIA covers diamond cut, it is worth noting that diamond symmetry plays an equally important role. Very often, while checking for a symmetric diamond, we look for a number of aspects. These could be:
· Alignment of the crown and pavilion of the diamond.
· Whether the table and girdle are parallel to each other or not.
· A straight, uniformly thick girdle
· Equal angles of the crown between the table and girdle.
There may be many out there to convince you that diamond polish and symmetry do not mean much, and that you can get a better deal on unpolished and symmetric diamonds. But keep in mind that these are two factors that impact diamonds greatly. Diamond polish and symmetry are clearly visible to the naked eye, and any shortcomings on these factors can change the look of the diamond by a vast extent.
How is diamond symmetry graded?
Similar to diamond polish, diamond symmetry too is graded on a scale ranging from Excellent to Poor.
What happens if diamond polish and symmetry are compromised?
· There is not much difference between a diamond rated “Excellent” and a diamond rated “Good” for its polishing. So, if the diamond looks sufficiently polished and bright to the naked eye, it is better to opt for a lower rated diamond.
· Diamonds with extremely poor symmetry will have a clear negative appearance. This is because light will not be reflected in the intended manner, making the stone look deformed.
· Diamond symmetry therefore, becomes more important than diamond polish. The clarity of the facets and cuts of a diamond are dependent almost entirely to its symmetry.
· Diamond polish and symmetry in case of colored diamonds are more flexible. Very often, if the diamond is heavily tinted, it can make allowances for lower grades of diamond polish and symmetry.
· Off-center tables or uneven thickness of the girdle can easily reduce the value of any diamond.
· As mentioned earlier, diamond polish and symmetry affect the price of the stone. Higher graded stones are priced significantly higher than those with low grades.
Bottomline
If you have reached this point of our guide on diamond polish and symmetry, it must have become evident that both are important to a certain degree. Technical terms on diamond polish grades or symmetry are inconsequential if a particular diamond looks appealing to you. It is also better to buy diamonds with negligible flaws visible to the untrained eye, than stones that technically have no flaws but are priced substantially higher.
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5 Factors That Determine The Price of Loose Diamonds
February 24, 2021
How to sell loose diamonds, and how are they priced? No, we are not talking about diamond jewelry of any form. Instead, in this article, we will be discussing loose diamond pricing and the factors that play a role in loose diamond prices.
1. Diamond certifications
It is a prominent factor that impacts loose diamond pricing significantly. You must have heard of GIA certifications. The Gemological Institute of America grades and assesses diamonds. Since they are a world-class laboratory with the highest evaluation standards, GIA diamond certificates are highly coveted. As a result, GIA certificates increase loose diamond pricing.
Apart from GIA, several other renowned laboratories grade diamonds. Each certification consists of a complete, detailed analysis of the diamond. This is useful in figuring out the worth of the diamond. If you are buying loose diamonds with certification, you will inadvertently need to pay a high sum for the certificate. In reverse, if you are selling loose diamonds along with certificates, you stand to earn a high sum of money.
Thus, whether you plan to buy or sell, loose diamonds pricing rests heavily on the diamond certification.
2. The 4Cs
For accurate grading of diamonds, there is a need for uniformity. Thus, four factors are primarily kept in mind while examining a diamond’s value – clarity, color, carat weight, and cut. These 4Cs determine loose diamond pricing and ascertain whether a diamond has finished or not.
Diamond clarity:
According to GIA, diamond clarity refers to a qualitative metric that grades the visual appearance. Very often, natural diamonds have a host of imperfections and flaws, which compromises their clarity. But sometimes, these imperfections are too minimal to be noticed by the untrained eye. Diamonds that are free from internal blemishes are scarce. Thus, loose diamonds pricing varies based on relief and inclusions present in the stone.
Diamond color:
The color of a diamond plays a significant role when it comes to determining loose diamond pricing. GIA classifies this color factor on a color scale that ranges from “D” to “Z,” where D represents colorless diamonds, and Z signifies diamonds that are yellowish or light brown. Colored diamonds like blue and pink hold high value. A yellowish tint has not considered to be desirable in the case of white diamonds.
Carat weight:
Due to the extreme precision required in weighing diamonds, the fraction of a carat can make a huge difference in loose diamonds pricing. Thus, accurate weighing of a diamond is of great importance in setting loose diamonds pricing.
Diamond cuts:
A cut diamond requires expert craftsmanship and expertise. The proportions and cutting determine the angle at which light enters the diamond. If the light does not enter at the best angle, it will result in a dark and dull appearance, which will negatively impact loose diamond pricing. It is why artisans take special care to cut and shape the diamond in such a way to enhance the light and dark areas. This contrast enhances the sharpness and clarity of the diamond, giving it a crisp and neat look. As a result, well-cut loose diamonds have priced higher.
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3. Diamond symmetry and polish
Aside from the 4Cs, factors like diamond symmetry and polish also affect loose diamond pricing, albeit to a lesser extent. In case a diamond is not well-polished, its facets fail to act as mirrors. So, light has not reflected correctly, and the diamond will appear dull and ordinary. Diamonds with extremely poor symmetry will have a clear gloomy appearance. It is because light will not be reflected in the intended manner, making the stone look deformed.
4. Diamond fluorescence
If you have a good understanding of diamond fluorescence, you will realize that it affects loose diamond pricing. This fluorescence is nothing but a tinted glow emitted by diamonds. The diamond's fluorescence is heavily dependent on the stone's color range and has therefore priced accordingly.
5. The big names
The inner workings of the diamond industry are complicated and convoluted. But, it is worth noting that large-scale diamond manufacturers affect loose diamond pricing. Many brands may determine the prices of loose diamonds with hidden charges. Thus, it is safer to go for trusted names that offer a transparent process whether you are buying or selling loose diamonds.
Bottomline
Having reached this point of the article, you must have understood the basics of how loose diamond pricing works. While the issues discussed above are enough to give you a head start in this field, loose diamond pricing has best understood with experts' guidance. While diamond certificates are key players, testing the fluorescence, clarity, and tint of diamonds is of utmost importance. The slightest of change can heavily affect the loose diamond pricing.
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