Attributes of a Diamond That Contribute to its Price Tag

Renowned for their radiant beauty, diamonds have long captivated those seeking something truly special to adorn their bodies. Every stone is a masterpiece, with unique features that further elevate their charm and allure. The mesmerizing brilliance and rarity of these gems make them highly sought after. Several factors combine to determine the value of each diamond, and understanding these can feel overwhelming if you’re in the market for new diamond jewelry. That’s why Albert’s Diamond Jewelers has crafted a comprehensive guide to simplify the process, offering clear insight into the qualities that contribute to a diamond’s price, and to help customers make informed decisions with confidence and ease.

Cut

The cut of a diamond is critical to its sparkle and brilliance, as it determines how well the stone reflects light. An expertly cut diamond will maximize its fire, giving it a dazzling appearance, while a poorly cut one can look dull, regardless of other factors like color or clarity— thus the accuracy of the cut influences the diamond’s cost. The shape the diamond is cut into also influences its cost. Shapes like round cuts are typically more expensive due to the precision required to create every facet and maximize its shine, creating a greater amount of rough diamond lost during cutting. Meanwhile, other shapes like princess or oval, may be more affordable because the same is not true for these cuts.

Color

Color refers to the presence, or rather the absence of color, in a diamond. As such, the most valuable stones are those that are the most colorless. The less detectable color in a diamond, the rarer and more sought after it is. Even slight hints of yellow or brown can impact the overall appearance and price. Diamonds are graded on a color scale, and even subtle differences in color can greatly influence a diamond’s value. For those seeking a diamond that stands out in purity, color— or lack thereof— is a significant factor to consider before you make a purchase.

Clarity

A diamond’s clarity reflects the degree to which a diamond is free of imperfections. Internal imperfections are known as inclusions, and those on the surface are known as blemishes. These imperfections are usually invisible to the naked eye, but they can affect the stone’s brilliance and overall appeal. Diamonds with higher clarity grades are rarer and more expensive than those with lower clarity grades, as fewer flaws allow for better light reflection. Clarity can have a substantial effect on a diamond’s price, with flawless or near-flawless diamonds commanding the highest values for their pure, pristine appearance regardless of size.

Carat Weight

A gem’s carat weight refers not just to its weight, but to its physical size as well. Larger diamonds are more rare and desirable, which often results in higher prices. For example, the Hope Diamond is similar in size to a walnut, and weighs 45.52 carats. However, carat weight alone doesn’t determine a diamond’s value— the overall quality, including cut, color, and clarity, must also be considered. Carat weight certainly can affect a diamond’s price substantially, but it works in combination with other characteristics to determine a diamond’s true worth. A smaller diamond with superior attributes can be more valuable than a larger one with more significant flaws, even if its size is especially noteworthy. 

Natural vs. Lab-Grown

Whether natural or lab-grown, the origin of a diamond has a noticeable impact on its price. Natural diamonds are formed over millions of years and tend to be more expensive due to their rarity, as well as the effort required to mine them. Lab-grown diamonds, however, are created in controlled environments, and are more affordable than their natural counterparts while still sharing the same physical and chemical properties. The choice between natural and lab-grown often comes down to budget and personal preference, with both options offering stunning beauty and a glamorous shine.

Explore Gorgeous Diamonds at Albert's Diamond Jewelers

At Albert's Diamond Jewelers, we take pride in offering an incredible selection of high-quality diamonds and diamond jewelry for every discerning taste. Our jewelry store in Schererville houses a wide collection that features designer engagement rings and fine jewelry, featuring both natural and lab-grown diamonds to suit every style and budget. We also specialize in custom design services, giving you the opportunity to create a truly unique piece that perfectly reflects your personal vision. Whether you're looking for something timeless or one-of-a-kind, our expert team is here to guide you every step of the way. We encourage you to visit us or to schedule an appointment today for a personalized consultation with one of our knowledgeable professionals!