The Real Value Of Diamonds

Take a look at this stunning 2 77ct lab created diamond.

The real value of diamonds.

Botswana russia canada angola congo and south africa are the largest gem quality diamond exporters in the world and together make up 94 of the world s entire output. But the price difference of the identical vs2 f and 1 carat and a 1 carat g vs2 is only 500. Synthetic diamonds also cost between 15 and 30 percent less than real ones. Here are the main factors that impact the price of lab created diamonds.

The pricing process becomes emotional. Per point value of diamonds increases the larger the diamond is so a 1 01 carat diamond may cost significantly more than a 99 carat diamond despite the fact that they are almost exactly the same. Once a price has been determined based on this report jewelers will make adjustments based on cut girdle culet and other secondary factors. According to business insider lab grown diamonds or synthetic diamonds are increasingly popular even though they ve been around since as early as the 1950s.

In the diamond world prices rarely are based on sound reasoning. You can find small low quality diamonds in quantity for just 1 a piece. Sounds simple but that is overpaying. Or let s say that a 1 carat diamond has a price of 4 100 per carat.

Botswana 17 6b angola 118 7b congo 17 7b and south africa 384 3b. In the late 1880s diamonds were essentially a semiprecious stone equivalent to today s turquoise or topaz and many of the mines were at risk of closing. Synthetic diamond prices are generally lower than real diamonds and the price of lab created diamonds continues to drop as much as 30 in a year. The value of their product depended on scarcity and demand.

They can be as low as this 1 08 carat for 1 960 or as expensive as this 4 03 carat for 95 890. There is no. For instance the price difference between a diamond of vs2 clarity color h 1 carat and that of vs2 clarity color g 1 carat is 1000. Though knowing how much natural diamond prices are inflated 15 percent off doesn t sound like much.

Diamond prices per carat increase as you jump up to higher weight categories. With too many diamonds and a market fearful of the violence the demand was dropping and value of diamonds went down. This one is easy to calculate since the diamond is 1 carat the price for the stone is exactly the same 4 100. That diamond s price for the stone would be 1400 0 50 or 700.

That means a middle of the range diamond should be 11 000 12 000. This is due to lab grown diamonds not having any resale value and that the demand for lab grown diamonds continues to decrease. The gdp of these countries are. Most of the diamond exporting countries are relatively poor.

On the other hand diamonds only have very high value in their better grades and medium to large sizes. A good value good quality 1 carat diamond should cost you around 4 500 6 000.