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Carat
Weight
The
weight of a diamonds is generally given in carats.
The term carat originated in ancient times when
gemstones were weighted against the carob bean.
Each bean weighed about one carat. In 1913, carat
weight was standardized internationally and adapted
to the metric system. One carat equals 0.2 grams
- a little more than 0.007 ounce. In other words,
it takes 142 carats to equal 1 ounce.
Two terms, carat and karat
are often confused. Karat refers to the fineness
of gold alloys (pure gold is 24 karat; 14 karat
is 14 parts gold and 10 parts other metals) and
carat refers to gem weights.
The weight of small diamonds
is frequently expressed in points, with one point
equaling 0.01 carats. For example, five points
is a short way of saying 5/100 of a carat and
fifty points equates to a half carat.
Sometimes in the jewelry
trade, the term size is used as a synonym for
carat weight. This is because small round diamonds
having the same weight also look the same size
and similar diameters. As diamonds increase in
weight, their size becomes less predictable. Diamonds
with a shallow cut can have a greater diameter
than a deeper cut diamond with the same weight.
However, you don't want the diamond to be too
shallow or it will not reflect the light properly
and will have less brilliance.
Diamond Measurements
It is similar to asking
how tall a 200 pound man is. You have no way of
knowing because you don't know how the man is
proportioned. The same holds true for diamonds.
So if size is important to you, focus on diamond
measurements as opposed to carat weight. You don't
need to carry a millimeter gauge when you go shopping.
Just start asking what the different millimeter
measurements are and note how they look. Diamonds
that look big for their weight may have reduced
brilliance and fire so always insist on great
cut.
Note that an increase in
carat weight does not produce the same increase
in millimeter diameter. For example, there is
a 25% increase in carat weight from 1.00 carats
to 1.25 carats but less than 8% increase in diameter
(6.5 to 7.0 mm). This concept, along with the
increased price per carat, explains why prices
increase dramatically in order to get noticeably
bigger millimeter size. Please have a look at
the figure below to see the carat weight of a
diamond and diamater in mm.
Carat Price
The weight of a diamond
has a large impact on price. All other factors
being equal, the heavier the diamond, the greater
its cost will be. Diamonds lose approximately
40-60% of their rough weight when they are cut.
Over 1 million rough diamonds must be mined before
one is found that can be cut into a 1.00 carat
finished diamond! Please have a look at the figure
below to get an impression of price increasement
based on carat. Have a look at our Diamond Education
- Cost page to learn more about cost on diamonds.
With each weight category
increase (quarter, third, half), the value per
carat of a diamond will increase significantly
and almost geometrically (given all have the same
other factors). A stone which is twice as large
as an otherwise identical smaller stone might
be three or more times more expensive. So while
you might see a price for a smaller stone at $2,000
per carat, as you price the same cut, color and
clarity in a larger stone you'll see dramatic
increases.
There are standards for
reporting a diamond's weight. FTC guidelines allow
a one-half point (1/2) tolerance in the stated
weight of a diamond. For example, a diamond weighing
.495 carat can be legally sold as a 50 point diamond,
while a .494 carat diamond must be sold as a 49
point stone. Some stores sell diamonds according
to size ranges so you need to insist on knowing
the exact weight of your loose diamond.
Advice: Look for diamonds
that have a diameter measurement that is at least
as large as the average for that weight. In other
words, don't pay for weight you can't see.
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