Why are some diamonds expensive some cheap?

Diamonds are expensive because they cost a lot to bring to market, there’s a limited supply of fine quality gems, and people around the world want to buy them. It’s simply supply and demand.

What affects a diamonds price the most?

The weight of a diamond has the most significant impact on its price.

Why are smaller diamonds more expensive?

Smaller diamonds graded in the middle ranges from colors “G-J” and reaching the higher levels of clarity will likely command a higher price than a diamond that’s a little larger but graded “N-R.” Interestingly, the more fancy to intense yellow the diamond is, the higher the price becomes.

What determines a diamonds value?

A diamond’s value is determined by its famous 4Cs: carat weight, color, cut, clarity. A value of a diamond is determined by an appraiser using these four dimensions while the value of a diamond ring adds the additional element of the quality of the band.

Why are diamonds expensive and water cheap?

Diamonds, on the other hand, are high in demand and are expensive to produce (and current producers have cartelized the industry) so that the supply is limited and the intersection of the supply and demand curves occurs at a high price. Hence water is “cheap” and diamonds are “dear.”

Does the cut of a diamond make it more expensive?

When it comes to the four C’s of diamonds — carat, cut, clarity and color — some affect the price of finished loose diamonds more than others. While everyone tends to focus on the carat, it’s actually a diamond cut that’s the single biggest factor in the price tag.

Are heavier diamonds more expensive?

Here’s why: Diamonds that are at or just above a magic size are generally more expensive per carat than diamonds that weigh a little less. So if you can live without the symbolic “weight” of these round numbers, you could save some money by choosing a diamond that weighs a few points less.

Do smaller diamonds sparkle more?

Definitely yes! More diamonds, whether big or small, will add more sparkle to your engagement ring. This is one reason why diamond side stones and pavé settings are so popular.

Are smaller diamonds worth less?

In general, bigger diamonds are more expensive per unit of weight than smaller ones. The reason for this is rarity: Larger diamonds are simply found much less often. All else being equal, the same principle holds for chips of different sizes: Bigger ones cost more per carat than smaller diamond chips.

What makes a diamond expensive?

The rarity, difficulties in mining, durability, cut, clarity, color, and carat of diamonds make them expensive and in demand. Only 30\% of the mined diamond stones match the standard gem quality that is required. It is this rarity of stone that makes them the world’s most expensive diamond.

Are small diamonds worth anything?

#1 Color. The value of a diamond can depend partly on its color. The term “color” actually refers to the lack of color in the diamond world. Colorless diamonds are the most valuable and sought after gemstones, whereas diamonds with hints of yellow or brown are the least valuable.

Is platinum rarer than diamond?

Platinum is worth more than diamond in most cases. There are few exceptions. It should go gold diamond then platinum. Platinum has a higher average cost per gram, while diamond has on average less, the exception being the rare high quality diamonds.

What stone is more rare than diamonds?

Although many believe that the diamond is the most rare of the precious stones, it actually is a myth. Before the Twentieth Century the ruby and sapphire were actually more valuable than the diamond, because they are actually more rare.

What gemstones are more valuable than diamonds?

Typically, a diamond is considered more valuable than an emerald, but there are several colored gemstones (including emeralds) which are more valuable than diamonds.The quality and rarity of these gemstones are extremely important factors which determine the value of a finished diamond compared to a finished emerald.

Is tanzanite more valuable than diamond?

Tanzanite is definitely less costly than diamond per carat. Also it is a softer gemstone so be very careful with it if you set it in a ring. Diamonds hold up much better in rings than Tanzanite. They are a great look for a fashion ring though.