When you go out to buy a princess cut halo diamond ring or a round halo diamond ring, you would have to spend a lot of money. Many people wonder how a diamond ring can cost thousands of dollars. There are a variety of elements that can influence how much a customer pays for a gemstone. Although most people are familiar with the 4Cs, they are not the only factor that influences the price of a diamond in a retail jewelry store.
There is no doubt that the 4Cs are the most essential elements, and they can cause diamond price variations of approximately 30%, but there are also other factors that you need to consider. Whether it is a princess halo diamond ring or a cushion cut diamond ring, these factors matter. Let’s take look at some of the factors that determine the diamond price.
Diamond Shape
Popular diamond shapes fluctuate with fashion trends, but round brilliant diamonds are costlier than other diamond shapes of the same carat size, followed by princess, cushion, Asscher, and radiant, cut diamonds. Other diamond shapes like pear, emerald, marquis, and oval are the most affordable. Since round brilliants are the most typically purchased diamond shape, it contributes to the price disparity. It also has something to do with the way the circular form accentuates the diamond’s radiance.
Among the different diamond shapes, the round cut has the greatest number of facets. That gives them the most opportunity to interact with light. This increases the brilliance of the circular dazzling shape. A bigger cut, like an emerald cut, on the other hand, has far more flat surface space, which disperses the sparkle throughout the diamond, making it appear paler, and eliminating one of the key factors that determine a diamond’s value.
Fluorescence Factor
When exposed to ultraviolet light, such as black lighting, a diamond’s fluorescence produces a soft, colorful glow. Fluorescence is actually seen as a flaw in a diamond since it can make it appear fuzzy and muddy rather than clear and dazzling, dulling and hiding the diamond’s fire and scintillation created by light contact. A diamond with a bright fluorescence can be worth 10 to 20% less than one with a weaker fluorescence or none at all.
Other Factors
Color and the depth of the color for fancy colored diamonds are other characteristics that impact their price. Diamonds with a richer, more pure hue will be more costly. Polish and symmetry have an impact on the price a customer will pay for a diamond.