Natural Diamond Prices – November 2024
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When considering diamonds, the 4Cs—cut, clarity, color, and carat weight—undoubtedly influence pricing. Larger, top-quality diamonds come at a premium, prompting most shoppers to focus on these aspects. However, an often-overlooked factor unrelated to carat weight or quality significantly drives a diamond’s price: its shape, which can lead to a substantial 30% variation.
What is Diamond Shape?
Diamond shape pertains to the cut, encompassing round, princess, oval, and more. This aspect can sway the price by up to 30%. Even diamonds with identical carat weight and quality can exhibit considerable cost differences based on shape. So, which shape is the most expensive? It’s a timeless and exquisite round brilliant diamond.
What's The Most Expensive Diamond Shape?
Round Brilliant Cut Diamond
Round brilliant cut diamonds command premium prices, partly attributed to their widespread popularity. Over half of all diamond sales are round, allowing suppliers to leverage this demand. Beyond popularity, another factor contributes to their higher cost. Crafting a round brilliant-cut diamond necessitates sacrificing more rough material, which means paying for extra weight.
Opting for pricier round-cut diamonds primarily hinges on personal preference. The enduring beauty and remarkable brilliance of round cuts warrant their premium for many. However, those seeking more budget-friendly alternatives should explore the realm of fancy-shaped diamonds.
While round cuts boast widespread appeal, fancy shapes offer comparable charm with potential savings of up to 30%. These shapes offer an array of styles, distinct from round brilliants. If you’re in search of an exquisite yet budget-conscious diamond, our thoughtfully curated selection of favorite fancy shapes can help you discover the perfect fit.
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Cushion Cut Diamond
Cushion cut diamonds offer a captivating blend of familiarity and uniqueness. Their shape resembles round diamonds, yet they belong to the less expensive category of fancy shapes. Exhibiting a square silhouette with rounded corners, this stunning diamond shape exudes a soft, classic allure.
Notably, cushion-cut diamonds evoke a touch of vintage charm. They trace their lineage to the old mine cut, an antique diamond shape. This infusion of history lends them a distinct allure that resonates with romantic sentiments. As a result, cushion cut diamonds stand out as some of the most enchanting options among fancy-shaped diamonds.
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Oval Cut Diamond
Oval-cut diamonds exude brilliance and sophistication while maintaining a classic appeal. Similar in style to round diamonds, oval cuts offer a less expensive diamond option. Moreover, they provide a size advantage. With a significant portion of their weight concentrated on the table (top), oval diamonds appear larger per carat than many other shapes, including rounds. Choosing an oval-cut diamond for your engagement ring or jewelry piece helps you save money and offers the allure of a larger diamond.
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Conclusion
When it comes to selecting a diamond, knowledge is truly empowering. The 4Cs—cut, clarity, color, and carat weight—are foundational aspects of a diamond’s value and quality. However, understanding the impact of diamond shape on price offers an added dimension for buyers aiming to get the best value for their money. Despite its premium pricing, the round brilliant is a testament to its enduring appeal. Yet, fancy shapes, from cushion to emerald to oval, present viable and often more affordable alternatives without compromising visual appeal. Always remember, a well-informed decision based on the balance of price, preference, and diamond shape will ensure that your chosen gem reflects both quality and personal significance.
