When you glance at online stores, you’ll be amazed at how much diamonds’ price varies. If the online prices have not shaken you enough, you can walk into the nearest jewelry stores and compare them. There are many properties that you need to feed into the diamond price calculator to estimate the cost of a diamond. It can be really unexpected when you find out that expensive diamonds are of better value than their cheaper counterparts.

 Before we jump to the price chart, you need to understand the three basic rules of buying a diamond. 

Certification

It’s the first step if you want to avoid scammers. GIA and AGS laboratories are the bodies that give diamonds and other gemstones certifications. When you purchase a diamond with a license, you get the peace of mind knowing whatever you have is genuine. It even gives you the ease of reselling your piece of the diamond at a reasonable price.

Quality

Diamond is not just a piece of stone. Dozens of features define the diamond’s quality. However, you should have the four basic features at your fingertips. In most cases, they are referred to as the 4C’s – Carat, Cut, Color, and Clarity.

Pricing

Some rogue sellers will tag any price on a piece of diamond. It is in an attempt to attract unsuspecting buyers. In your research, you may have reached across that high-quality diamonds have higher prices. As much as the pricing may sound reasonable and within your budget, please do due diligence before buying any diamond piece. It is where the diamond price calculator is of great use. Ask for the qualities of the diamond and try to estimate the price of the diamond. 

The Guide to Diamonds Prices

Once you intend to buy a diamond, the next step is to research what you need to know. The points above teach you the basics of buying a diamond. Now you’ll see how a diamond price calculator arrives at different price ranges. 

$125-$500

It is the lowest price range you will get for a diamond. The diamond size is usually between 0.15 to 0.25 carats. The quality of this diamond size is unknown, and you will not get a certificate for the same. Although many people on a low budget buy it, it is not a guarantee of quality. Sometimes, you may decide to get a different gemstone that will be a better deal than a low-quality diamond.

$500-$750

Diamonds in this price range have the same quality as those in the lower price range. What is different is the size of the stone, which may go up to 0.37 carats. If you are purchasing it as an engagement ring, you will get it in a 10-14k white or yellow gold. On a few occasions, it will be on an 18k gold ring.

$750-$1000 

You can be lucky to get a certified diamond within this price range. The carat weight is usually between 0.3 to 0.5. The quality varies with the price. Also, there are few properties you can fee to the diamond price calculator. However, they are considered small end diamonds. 

$1,000-$2,000

The stone qualities are medium for a stone with a carat weight of 0.50-0.7. Suppose you need a high-quality stone. You will need to reduce the carat weight to between 0.3 to 0.55. These diamonds must have certification from GIA or AGS. 

$2,000-$3,500

You can get small stones of exquisite quality. However, when selecting larger stones, make fair use of the diamond price calculator. 

$3,500-$5,000

At this price, you can get diamonds of reasonable quality. Always strive to get one in this price range. 

$5,000-$7,500

If you choose a diamond of 0.5 to 1.10, you are sure to get the best deals for that price. But, you can also get excellent quality of larger stones.

$7,500-$10,000

This price range has dazzling diamonds. 

$10,000-$20,000

It is quite funny that this is the lowest price you can get a quality diamond. All the diamonds above this price must have a certificate. Most will have a clarity of below SI1 and a color range of below S1. The quality of the diamond increases with the price of the diamond. 

$20,000-$30,000

These stones range from 2.10-3.10 carats. The quality varies with the price and size of the diamond. 

$30,000-$50,000

The largest carat weight you can get with this price is 2.50. On a few occasions, you will get a stone of 3.7 carats but with a slightly lower quality than their smaller counterparts.

$50,000-$100,000

In this price range, you will get the best quality diamonds of up to 4 carats. 

$100,000-$200,000

You will get a stone of epic quality in this price range with a carat range of 5.5 to 8.0.

$200,000-$999,999 

These are the largest diamonds, usually greater than 3 carats. They are the best quality and best clarity.

Conclusion

A diamond price calculator is an excellent tool to help you purchase a diamond. However, you should know that calculators differ. Select a calculator that will help you assess all the properties you need to know in a diamond.