HOW MUCH WILL IT COST?

This post is taken from our Q&A Section on Diamond Guide that is meant to give advice to people about Diamonds and Diamond Buying.

If you have a Question you’d like answered about Diamonds or Buying a particular Loose Diamond, don’t hesitate to Ask Here: Diamond Guide Q&A :)

I’ll do everything I can to advise you and point you in the right direction.

If it will help you, it will help others as well.

Enjoy!

Question:

I am going to buy a Diamond Ring as a Birthday Gift for myself. My budget is about $1,000. Today I found one ring which I like but I little know about the Color, Clarity or anything.

So can you please explain about this ring quality? I read this from the price tag which I don’t exactly know what all I need to see from the tag:

1 ct, 3 -Diamonds, H, I1-I2, the price is $1,300 + tax.

Can you tell if this is a good one, pricey or anything?

Secondly, do you have any suggestion about how to read the diamond quality from the price tag? I dont want to be cheated by the sellers if they know I dont know anything about it.

3. From my budget ($1,000) what diamond ring can I afford?

Thank you so much.

Answer:

Hi Sita. I1-I2 is in the lowest Clarity Grade there is. Just by looking at the Diamonds you’ll be able to see Flaws and Inclusions like Black Spots and Clouds in the stone. I usually never recommend buying I Clarity Diamonds. Take a look at the Clarity Chart below…

SI1 or SI2 are much better Diamonds that will give you more Sparkle and Brilliance.

H Color is fine, it’s still a Fine White Diamond and won’t look Yellow, Brown or Dark.

Sadly, for the Carat Weight of 1.00 ct, that is pretty much what you would expect to get as far as quality.

If you dropped the Carat Weight down to half of that (.50 Carat) you would be able to up the Clarity. Regardless, in Diamonds that size (probably less than .33 each) the Clarity may not be such a big issue. You may not see the Inclusions in them like you would a larger stone. Although they still may not have much Shine or Brilliance though. I would suggest to play it by eye and see if they look fine to you.

It really does come down to money and what you are willing to sacrifice: Carat Weight or Clarity. :)
You aren’t being cheated! You just need to read more about Diamonds and learn more about the 4C’s! :)

Examples of SI1 Clarity Diamonds with H Color are below:

SI1 H Diamonds

Example of SI2 Diamonds with H Color are here:
SI2 H Diamonds

Thanks again! Enjoy your ring.

-Richard