| Asking for the price of a diamond is like asking for the price of a house. A real estate agent can’t quote you a price for a house without knowing its size, condition, location, etc. The process used to price a diamond is very similar. A diamond’s beauty, rarity, and price depend on the interplay of all the “4-Cs”—cut, clarity, carat, and color.
The “4-Cs” are used throughout the world to classify the rarity of diamonds. Diamonds with the combination of the highest “4-C” ratings are more rare and, consequently, more expensive. No one “C” is more important than another, at least in terms of beauty, and it is important to note that each of the “4-Cs” will not diminish in value over time.
Once you have established those “4-C” characteristics that are most important to you, a jeweler can then begin to show you various options with quoted prices.
A Tool to Help Understand a Diamond’s Value
The Diamond Quality Pyramid is a tool to help you compare diamonds. While all diamonds are precious, those closest to the top of the pyramid—possessing the best combination of the “4-Cs” mentioned above (cut, clarity, carat weight and color) are the earth's rarest and most valuable.
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