How do slight differences in the 4C’s affect a diamond’s value?

The nature of diamonds is such that even a very SMALL variation in any of the 4 C’s will have a significant effect on value. To give you an idea of just how sensitive the value of a diamond is to each characteristic, here are some examples (assuming all other characteristics remain constant):

Carat: A difference of 0.1 of a carat (or 0.02 grams) can affect the value of a diamond by as much as 70%.

Colour: A diamond’s colour ranges from D to Z. However the “white” colour range is from D to I (D, E, F, G, H, I). The difference between each colour is very subtle; however a D colour diamond is around 200% more valuable than an I colour diamond. The difference between a D colour diamond and an E colour diamond(which is almost impossible to tell without a set of diamond master stones) can be as much as 40%.

Clarity: Even something as small as a pinpoint, which is only visible under a powerful microscope, can affect a diamond’s value. Each pinpoint could reduce the value of a diamond by 40%.

Cut: Round brilliant cut diamonds are more valuable per carat than other diamond shapes whereas well-made diamonds are worth more than a poorly made diamonds.

The value of the diamond represents between 80 and 95% of the value of a typical diamond ring. Therefore, it is easy to understand why the accuracy of the diamond grading report is so vital and how this knowledge is beneficial to you when you’re looking to purchase your next diamond.

Diamond cleaning

Because your diamond when worn naturally attracts grease or oil, they will need periodic cleaning.

Even when touching a diamond with your fingers natural oils from your skin will change the brilliance of your diamond, making your diamond lose its lustre or brilliance.

A simple way to keep your diamond jewellery looking beautiful is a weekly bath in a household cleaning solution. A simple window cleaner will work, but make sure you give it a thorough rinsing, followed by a very light brushing using an old tooth brush to remove the oils and cleaning liquid.

Pay special attention to the underside of the ring and bottom of the stone, as this is where most of the oils or hand creams accumulate.

Make sure when using a brush not to apply to much pressure especially if the jewellery is old or fragile. This is a good time to check the diamonds are tightly set and none are missing.

Never use Chlorine, bleaches or abrasives when cleaning diamonds set in jewellery. This will remove the rhodium plating on white gold and could leave scratches which will attract even more dirt.

If the ring has fine claws or filigree work an ultrasonic cleaner is necessary to remove deep encrusted dirt behind the diamonds. High frequency sound waves and jewellery detergent fluid will remove hard to get to dirt and grime. Make sure this is done by a professional to avoid damage or loss of stones.

Blue Moon Diamond

The Blue Moon Diamond has been sold for a record US$48.26m at Sotheby’s in Geneva.

The sale price is a record per carat and for total value for any gemstone.

Blue Moon Diamond has no inclusions and has been officially declared flawless.

The 29.62-carat diamond was found at the Cullinan Mine in South Africa in January last year, blue diamonds make up only 0.1% of diamonds unearthed at the mine.

It was then cut and polished in New York, a process which took six months and eventually produced the 12.03 carat vivid blue gem.

132 Ct Unveiled by Graff

Pictures of the Spectacular Fancy Yellow Diamond Polished by Graff Diamonds have been released.

Laurence Graff, the founder of the international luxury diamond and jewellery firm that bears his name, purchased the 299 ct rough diamond from the Letšeng mine in the Southern African kingdom of Lesotho.

Graff’s latest masterpiece named “The Golden Empress,” was polished into the 132.55 Cts stone an extremely rare diamond is a Fancy Intense yellow cushion cut,

The diamond is among the largest and rarest in the world. Only one in 10,000 diamonds discovered are classified as fancy coloured such as this yellow diamond.

De Beers diamond grading and inscription facility opened in Surat

The major investment in Surat facility reflects a world class diamond cutting and polishing centre characterised by skill, innovation and the effective use of technology.

De Beers the world’s leading diamond company is considering a diamond auction centre in India.

This laboratory is the second of its kind in the world owned International Institute of Diamond Grading and Research. 

The laboratories primary function will be to select and inscribe Forevermark diamonds with the unique serial number to deliver an accurate and reliable grading for diamonds.

De Beers is the world’s leading diamond company established in 1888  experts in exploration, mining and marketing of diamonds.

$2.1 billion in diamonds from Russia for Indian companies

Twelve Indian diamond companies including Kiran Gems, Asian Star and Rosy Blue India, have signed three year contracts with ALROSA at the World Diamond Conference,

Each of the companies signed separate contracts with ALROSA and will buy rough diamonds worth USD 2.1 billion or about USD 700 million per year for a period of three years. This will assist the companies save considerable amount of commissions.

THE INTERNATIONAL INSTITUTE OF DIAMOND GRADING

The International Institute of Diamond Grading & Research is part of the
De Beers group of companies.

Based in Antwerp and run by the world’s top diamond experts, the International Institute of Diamond Grading & Research benefits from proprietary equipment of the De Beers group of companies that enables the most precise grading and assessment for both rough and polished diamonds

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Pink star default

Inventory at Sotheby’s rose significantly due to acquisition of the Pink Star, renamed the Pink Dream the 59.60 ct, internally flawless, fancy vivid pink diamond which was sold to diamond cutter Isaac Wolf in November for $83,187,381 USD. The reason Sotheby’s acquired the rare stone is due to Wolf’s default.

Sotheby’s are quite comfortable with their valuation and comfortable in owning it at this price. Sotheby’s is currently pursuing a resolution with the buyer, while also considering other alternatives against the default.

HRD Opens new Lab in Mumbai

The new HRD Antwerp lab is located in the heart of the new diamond district.

HRD offers quality certification services in accordance with the IDC that reflect its pledge to ensure compliance with the same stringent quality standards applied in Antwerp, where its parent lab is located. The new facility is staffed with both local and Antwerp expert gemmologists.