The primary factors that influence the price of a diamond
and how they are graded in GIA or AGS reports include shape, carat weight, cut,
color, clarity, and fluorescence.
How does the shape of a diamond impact its price?
In brief, diamond shapes like round or oval cuts have larger
overall diameters compared to square princess cuts within each carat weight
range. For instance, a well-cut 1-carat round diamond usually measures
6.4-6.5mm in diameter, while a square princess cut of the same carat weight
falls within the 5.3-5.5mm range. Consequently, crafting a 1-carat round
polished diamond requires a larger rough unpolished diamond than a 1-carat
princess cut diamond. As a result, obtaining the former entails higher costs due
to the need for a larger rough diamond.
AGS and GIA reports concur on diamond shape evaluation.
How does carat weight influence diamond pricing?
This is a straightforward concept: the larger the diamond,
the higher its price. However, there's a caveat. The price of natural diamonds
is determined by their scarcity, so rarer stones command higher prices.
Given the rarity of larger diamonds, their prices experience
a significant uptick as carat weight increases. In other words, the cost of a 1-carat diamond isn't merely double that of a 0.5-carat diamond (assuming all
other factors remain constant); it's around 3 to 4 times higher. The same
principle applies to diamonds weighing 2, 3, or 4 carats. Larger gem-quality
diamonds are scarce, resulting in substantial price hikes as carat weight
escalates.
AGS and GIA reports align when assessing diamond carat
weight.
What about diamond cut?
The cut is the sole "C" determined by human hands
rather than nature. The other three Cs occur naturally within a diamond.
Diamond cut ranks among the most vital considerations during
diamond shopping. Poorly cut diamonds, whether excessively deep or shallow,
should be avoided. Follow our diamond cut guidelines when making a purchase.
As previously explained, AGS holds an advantage over GIA due
to its proportion-based grading approach.
How does diamond color impact pricing?
Diamond color holds significant importance for white
diamonds. The presence of a yellowish tint or hue diminishes a stone's
desirability. Diamond color is graded from D to Z, with D-F in the colorless range (considered the best) and G to J falling in the near colorless grades. G
is nearly colorless and an optimal choice, while H and I are also excellent
options. Consult our diamond color chart for reference. Diamond fluorescence
can aid color evaluation; details can be found in the fluorescence section
below.
GIA exercises stricter color grading compared to AGS for
white diamonds.
The significance of diamond clarity
Most individuals desire diamonds that are at least
eye-clean. Diamond clarity gauges a diamond's purity and absence of natural
inclusions. Since diamonds form under immense pressure beneath the Earth's
surface, they commonly contain inclusions like crystals, clouds, feathers, and
pinpoints. Consequently, fewer inclusions enhance a diamond's quality. GIA's
clarity scale ranges from Flawless to Included 3 (I3). Flawless to VVS/VS1
grades denote investment-grade diamonds, while VS2-SI1 grades are excellent for
maximizing size without compromising clarity. SI2 can be a budget-friendly
choice and may still be eye-clean in some cases. I1 to I3 are generally not
considered eye-clean. Consult our diamond clarity scale for reference.
GIA employs a stricter approach to clarity grading compared
to AGS.
Leveraging diamond fluorescence to your advantage
Fluorescence typically has a negative impact on a diamond's
value, but it can be turned to your benefit. Generally, it's advisable to avoid
fluorescence in D-G color diamonds (faint fluorescence is acceptable). However,
fluorescence can be advantageous in H and lower color grades because blue
complements yellow, making a yellowish diamond appear whiter than its true
color. The price of a diamond is discounted to a certain degree based on its
fluorescence under ultraviolet light. Fluorescence is categorized as none,
faint blue, medium blue, strong blue, and very strong blue. Occasionally,
fluorescence might manifest in other colors like yellow or green, but it's best
to steer clear of them. Consult our diamond fluorescence guide for further
insights.
AGS and GIA are in agreement regarding diamond fluorescence,
and there are no specific concerns to highlight.