Judging Clarity

How Clarity Affects Price

As you might expect, the higher the clarity grade of a diamond, the more it costs. Also, usually the higher the color grade of a diamond, the more the clarity grade affects its cost. For example, in January 1993, the Rapaport wholesale diamond price guide listed a one-carat, round, D-color, IF diamond as about 10 times higher than a D-colot , I3 diamond of *It same size, whereas a one-carat, K-color IF was priced about 4 times higher than a K-color 13.

There is no systematic increase in cost as the clarity grade gets higher. For example, on the Rapaport price guide, a two-carat, round, G-color VSZ was $1100 more per carat than an H-color VS2. A two-carat, G-color VS, was $500 more per carat than an H-color VS1. Diamond pricing is based more on supply and demand than it is on rational systems.

When buying diamonds, it's important to realize that clarity differences that go unnoticed by laypeople looking through a microscope can mean thousands of dollars in value. For example, a 5-carat, D-color, IF diamond can have a wholesale value of $100,000 more than a 5-carat, D-color, VVS2 diamond.

Therefore, if you are planning on investing in a high clarity grade diamond, it is well worth your money to pay for an independent lab grading report on it before purchasing or insuring it. Grading reports can be expensive so they are seldom done on low-clarity diamonds. Even when a grading report comes with the stone, you will probably have paid for the report indirectly, as reflected in the cost of the stone.

Dealing with a reputable jeweler will also help insure getting the quality you pay for. Grading differences and questions can arise with any jeweler or lab, but with someone reputable, you have the peace of mind of knowing that you could get a refund if there were any problems with the grading.

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