Diamonds are a girl’s best friend, or so they say. They have long been used as a form of status, adornment, and even currency in some cases. Natural diamonds are a finite resource; there are only so many of them currently, and since they do take millions of years to form, they are precious.
Many different factors lead to the overall pricing and valuation of diamonds. Taking the time to learn about them can help you better understand the overall valuation process for diamond buyers in Orlando or wherever you might be located.
The 4 C’s of Diamonds
There are four Cs that are used to help value diamonds that are standard across the board. These Cs are used by diamond buyers in Orlando and the world over. These standards are all fairly consistent and therefore provide a benchmark for all diamonds to be graded against despite where they came from or where they are being sold.
The four Cs are cut, color, clarity, and carat weight. Cut refers to the way that the diamond was finished or how it was cut. There are tons of different shapes that a diamond can be cut into, and will be desired for their unique factors. The most popular and therefore most expensive cut of the diamond is the round cut. Round diamonds are used in many types of jewelry, for loose diamonds, or as an effective means of showing off the brilliance of each diamond. There are hundreds of different diamond shapes, and some of the most popular are the round cut, princess, Asscher, emerald, marquise, oval, radiant, and more.
The next C is the color. This means if the diamond is white (colorless), pink, yellow, green, blue and more. These colors are different based on where the diamond comes from, where the diamond was formed, what methods were used to mine the diamond, and more. When you get a diamond, you want to find the color that suits you. The white or colorless diamond is the industry standard and what most other diamonds are graded against. Red diamonds are the rarest when it comes to color, and as such, this brilliant red color does push the price up.
Clarity is another factor that is used to help value a diamond. This refers to how clear the diamond is, is it cloudy, are there any imperfections, can imperfections be seen to the naked eye or only under magnification. A crystal clear diamond when viewed without magnification is what most people are looking for when they purchase a diamond or a piece of diamond jewelry.
The last and most impactful on value C that you want to consider is the carat weight. The bigger the diamond, the more expensive it is. Carat weight was first established in the 1500s as a means of helping to weigh and value diamonds and other precious jewels. Carat weight refers to the physical weight of the diamond. Each carat weighs about 1/5 of a gram. The diamond is cut down based on weight and desired shape, which makes for the carat weight listed when the diamond is sold. The higher the carat weight, the more rare it is, meaning the more valuable it is.
There are a few different types of certification that you can get for your diamonds when you are looking for diamond buyers in Orlando or when you are buying yourself. You can get an independent certificate that will look at the four Cs of the diamond to determine its grade, or go to a range of different laboratories that can accurately grade your diamond; There are a few different societies or laboratories that are often used, the Gemological Science International Society, American Gem Society, Gemological Institute of America, and the International Gemological Institute.
The Gemological Science International society is an independent lab based in New York City. Although the lab is based in New York, there are labs worldwide. This lab offers a range of services, including identifying the gem in question, grading and appraising the gem, and professional services related to your diamond.
The American Gem Society developed the AGS performance grading system that grades diamonds based on how light travels through the diamond. This helps them to determine if the diamond is brilliant or not. This society can also help you choose the four Cs and give you a diamond report that can help you better understand how the diamond you have will be graded.
The Gemological Institute of America is one of the best known and the most revered systems to grade diamonds. This is a society that was established in the 1940s and is still considered the golden standard of the industry. This helps to ensure that the diamond you have is authentic, well-graded, and more. GIA is what most people use when working with a diamond and want to get an accurate grade for it.
The International Gemological Institute is an international grading system that many people trust. They can help analyze your diamond and create an in-depth, detailed report about your diamond and provide certificates about your diamond, and more. They can also laser engrave your diamond if you wish.
With diamonds that have been very carefully documented, there may be what is referred to as a laser inscription on the stone. This inscription is most often located on the girdle or the wide, outermost edge of the stone, and it is a set of numbers and letters that help identify that particular diamond. This is an excellent method for identification if you are looking for diamond buyers in Orlando. This serial number will help the diamond to be carefully documented and then traced back to the reports that have been written for the diamond.
Importance of Cut Grade
Cut grades are essential and are applied to modern round brilliant diamonds. They will help you determine the overall value of the diamond in question. Cut grade refers to how well that diamond was cut based on overall factors such as polish, symmetry, angles, depth, etc. and directly affects how brilliant the diamond is. If a diamond is cut poorly, it may not look great, and the brilliance may be less than desired.
Some diamonds will fluoresce when they are exposed to UV light, and they will emit a fluorescent glow. This is not necessarily a bad thing but rather an identifying characteristic that will help the diamond be identified later. Only about 25% to 35% of diamonds will put off a fluorescent glow when they are exposed to UV light, which will likely be used to help identify your diamond later on. The Gemological Institute of America grades the fluorescence of the diamond as none, faint, medium, strong, or very strong, and the color of the overall fluorescence will be noted as well. This can be blue, yellow, orange, and more.
Market Demand and Rarity
Another factor to keep in mind is the demand for a particular diamond at a specific time. Diamonds are always going to be valuable, in demand to a certain extent, and be something that people want to purchase. When selling a diamond, it is important to take the time to think about what the demand for a particular shape and quality of a diamond might be.
Is there a demand for a specific shape, size, clarity, and so on? Your diamond seller or buyer will be able to look at the market and see what the demand for the particular diamond that you have is to help determine the value and what you can sell the diamond for. The rarity of the diamond also affects the overall value of the diamond.
It is a rare color, shape, carat weight, etc. These factors will make a big difference that will help you, the diamond owner, determine how much the diamond you are selling is worth and how much it might sell for.
Why Choose Diamond Banc to Sell Your Diamond?
At Diamond Banc, we work to make sure that each diamond is accurately evaluated, that we take the time to look at all certifications and specifics regarding your diamond and that its value is accurately evaluated. We work to provide you with a price that will be fair and accurate.
Contact us today to find out what your diamond might be worth and to set up an appointment. We would love to assist you in selling your diamond, and offer you the best price possible!