(and a cushion cut about $3,500) Easy savings! On colors I and below you’d already start seeing yellowish tint. The practical explanation is that if you see a diamond that is priced $5,000 per carat and it is half a carat what you'll need to do is 0.50 * $5,000 = $2,500 for the diamond. Pure red diamonds devoid of secondary hues are the rarest and highest priced in the world. And if the same diamond that costs $5,000 per carat weighs 1.50 carat then it means 1.50 * $5,000 = $7,500 for the diamond. To know the diamond's value, find your weight class's matrix, crosscheck the row of your color with the column of your clarity and you get the result. Blue Diamonds, To put this into perspective, you can find hundreds of colorless diamonds over 5 carats on any given day. At the time of writing these lines a 2 carat D VS1 diamond costs $40,000-$42,000 total, approximately $20,000 per carat. It’s true, but it really doesn’t have to be that complicated. In fact, considering that the average engagement ring for the last few years is just beneath $6,000, 1 carat diamonds are probably as high as you can go. Like with other diamond colors, a purely red diamond will fetch a higher per carat price than one with a secondary hue. red diamonds, But I will tell you how to buy a similar looking diamond, one that you cannot tell the difference for 50% less – that is doable! The premium is not that high and we LOVE diamonds that sparkle! Due to the current situation there are opportunities for those who are in the market for diamond jewelry. BUT, with all the respect, these are things that even when diamonds are placed one next to the other – you won’t be able to tell the difference. Red diamonds are so rare that there is only a handful of unmodified reds available on the market, with most of them weighing less than 1 carat in weight. Grading: Red diamonds are graded as Fancy Red with modifying hues. The highest paid price per carat for a diamond up until 1980 was $127,000 for a 7.27 carat pink diamond. A 0.5 carat diamond may cost $2,500 per carat. This needs to be verified. 1 Carat Diamond Rings - $590 Solitaire VS $1,320 Halo. Mining: Australia’s Argyle Diamond Mine produces most of the world’s red diamonds, which are sold at the annual Pink Tender. Since diamond weight is one of the biggest and easiest ways to reduce costs - I've dedicated an entire section explaining the price per carat system at the end of this article. The color of a pink diamond along with carat weight have the greatest impact on the price. The price of that diamond would be $1,250 ($2,500 * 0.5). Trying to regulate the industry and create a standard for diamond comparison, a methodology of diamond grading was set by the GIA and it is called the 4 C’s of diamonds. As light passes through the deformed internal structure, it is the light bending that exhibits the red color. Price tag: $2 – 2.5 million per carat. At least that’s what they often tell you. As a result, the prices of 2 carat diamonds had decreased dramatically, in some cases 30% (though still very expensive) - So there was no surprise that we started feeling a stronger demand for 2 carat diamond rings. Red Diamonds: An Alternative Investment Windfall. You are welcomed (and recommended) reading this 5 minutes pricing guide that will easily save you up to 50%. . Below you'll find two examples of GIA 1 carat diamonds with G color and VS2 clarity. Which is the largest red diamond in the world? How to calculate diamond prices: Diamonds are priced per carat. The 5.03-carat De Young Red Diamond is worth at almost $5 million dollars. The diamond price chart, also known as Rapaport Price List or just “The List” is a matrix that provides a benchmark to a diamond’s value based on its 4 C’s. Consider the following example - A man walks to the store looking for an engagement ring to his future wife. Diamond prices are complicated. Their true value is determined by dozens of factors. The per-carat cost increases as the weight and quality increases. Out of all the mines in the world, the Argyle mines are known for the discovery of their pink and red diamonds and these red diamonds are often featured in their annual Argyle Tender.

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