Sunday, May 31, 2009

Diamond Cost

Diamond Cost

How Diamond Cost is Determined

If you are in the market to purchase a diamond, you'll be learning all about the 4 C's of diamonds; cut, color, clarity and carat. But in the mind of the average buyer, there is a fifth “c” that just may be the most important of all them: the diamond cost.

The actual price of a diamond is determined by a grading system that takes into account the cut of the diamond, the color, the clarity and the number of carats. There is a non profit organization called the Gemological Institute of America (GIA) that has devised the official grading system of diamonds, and because of that system, a diamond that is of more carats may cost less than a smaller diamond if the larger diamond has inferior cut, clarity or color ratings. Cost is also determined by the retailer.

Buying Diamonds Online

The internet provides a wealth of information on diamonds, educating buyers on the value of diamonds based on size, shape and clarity- and luckily, diamond cost is regulated by industry guidelines. This means you can shop for your diamond gem stones online with as much confidence as you would shopping for jewelry at your local retailer, especially if you take the time to become knowledgeable about diamond cost before beginning your search for the perfect stone.


Guide to Diamond Cost

Every jeweler sets their own prices on their gem stones, rings, necklaces and other items. When dealing with diamond cost, it also depends on the shape of the diamond. A ”round brilliant” shape will tend to cost more than an ”emerald” shape even when they are the same quality and the same size.

If you have a minimal budget, such as $500 or less, you can expect to find a diamond with a carat weight between .15 and .25, set in a 10-14k gold. If you're in the market for a diamond cost of $500 to $750, you can expect to be able to purchase one between .20 and .37 carats. If you are looking for a 1 carat diamond, you should expect your diamond cost to range between $2000 and $3500.

Get the Most Diamond for Your Money

When you are researching diamond cost, there are many more factors to consider than just the size of the diamond. Remember that the shape (cut) of the diamond will greatly effect the diamond cost, as well as the clarity of the diamond. You can get multiple, smaller diamonds for less cost than you can a single, larger diamond due to the rarity of mining a larger sized diamond. Sometimes a diamond will be beautiful to the naked eye, and have a reasonable diamond cost- but it may have a lower rating for quality or tone given by the GIA. When you are shopping for your diamond, you'll need to decide what is more important to you; the diamond cost, the size of the diamond, the quality (the rating as given by the GIA), or how it looks when it's worn!

Diamond Care

Diamond Care


Ways to Clean your Diamond

There are a few different ways that you can provide diamond care for your precious jewelry, in particular, there are different cleaning processes you can use to keep it looking as brilliant and sparkling as the day you brought it home from the jeweler!

While there are many cleaning procedures that can be done from your own home, don't forget that you can almost always return to the jeweler where you purchased your diamond and ask for a professional cleaning. Sometimes cleanings are included in a warranty agreement, so check your paperwork to see if this form of diamond care is provided in your agreement.

Detergent Bath

The most commonly used method of diamond care is cleaning your diamond in a mild, warm water detergent bath. Fill a bowl with warm water, and add in a mild detergent that you have in the house. Some people use a dish detergent, while others will use a gentle bathroom cleaner. Using a toothbrush or eyebrow brush, gently brush your diamond with the sudsy water to loosen any dirt and oil that have found their way to your diamond. Afterwards, rinse your diamond by placing it into a strainer (careful to select a strainer with holes smaller than your diamond!) and running it under warm water to remove all soap. Never use chlorine bleach to clean your jewelry, the cleanser is much too harsh.

Quick-Dip

There are many cleaners on the market for diamond care. Select one and follow it's instructions carefully for dipping your diamond into the cleanser. Once you've dipped your jewelry into the cleanser, you don't want to touch the diamonds, because oils from your fingers can be easily transferred to your diamond. Allow it to dry completely and then wear or return to storage.

Cold Water Soak

Diamond care also includes a process called a “cold water soak”. Fill a bowl with a solution of half cold water and half household ammonia. Place your diamond into the cleanser and allow it to soak for at least 30 minutes. When you take it out, tap the jewelry around the mounting brackets and then swish it around in your cold water solution again as a final rinsing. You can set it out to dry on a piece of tissue paper.

Ultrasonic Cleansing

You can provide diamond care by purchasing an ultrasonic cleansing machine. These machines have a little cup that you fill with water and cleanser, and a place to insert your jewelry. Once you turn on the ultrasonic cleansing unit, it uses high speed motion to clean dirt and oils off your piece of jewelry.


Storing Diamonds

Another important consideration of diamond care is how to store your diamonds when you are not wearing them. Diamonds are gemstones that can scratch other diamonds or other jewelry, so it is recommended that you never place them into a jewelry box or case with other pieces of jewelry unless you individual wrap the diamonds with tissue paper. The best way to properly provide diamond care and store your diamond however, is to place the jewelry piece into a fabric lined jewelry box, or a larger case that has individual dividers that are each lined with fabric to protect each piece of jewelry.