- Buying Advice
Be realistic with your expectations.
-Do you have a 3-carat diamond?
– Yes, we do.
– Top-color, ideal cut?
– Yes. What is your budget?
– 500 dollars
– … You are in luck! We have a flawless 3-carat diamond, and it’s only $500!
– You are kidding!!!
– Yeah…. But you started it!
Diamond is the solid form of the element carbon, crystallized in a cubic structure. Diamond can naturally grow deep inside the earth as a mineral, or it can be of synthetic origin. Synthetic diamonds are called lab-grown or man-made diamonds and they are not discussed here.
Diamonds bring happiness. When they don’t, they are worthless. Learning 4Cs is a shortcut to learning diamond’s basics without having to earn a gemological degree. 4Cs is the time-proven system (courtesy of the GIA) that has helped millions of people purchase diamonds.
You get what you pay for when shopping for a diamond, just like everything else in life. However, there is a reason why some seemingly identical diamonds are priced differently. 4C’s is the best method for sorting the differences and making a smart choice.
Color, clarity, cut, and weight can be dialed up and down, just like frequency faders of an equalizer, except the 4Cs’ output is not volume but the price.
Step 1. Select a budget
Color and weight are more important; clarity and cut have a somewhat smaller effect on the price. Determine what two parameters are most important to you:
- budget and size
- budget and grade
- size and grade
A diamond engagement ring indicates a social status but does not determine it. Spending more than you can afford to show off is not smart. There is always a possibility of an upgrade in the future. Without a microscope, most grades cannot be told apart, except by what’s left in your bank account.
Step 2. Pick a grade
For simplicity, the diamond grades can be grouped into four categories:
- J-K/SI-I is a budget grade (consider lab-grown as well)
- H-I/ SI1+ is a smart grade (VS1+ for emerald- and Asscher-cuts)
- F-G/VS+ is a premium grade
- D-E/VVS+ is a vanity grade
Inclusions are gifts of nature saving us thousands without anyone able to see the difference. According to GIA, any clarity grade above SI2 is eye-clean, invisible to a naked eye without 10x magnification.
In reality, most SI2 and even some SI1 stones inclusions are visible with a naked eye. “Eye-clean” is not a grade but a subjective opinion that depends on the observer’s eyesight, lighting conditions, depth perception, and even mental condition.
Eye-clean SI1 is a sweet spot for choosing a brilliant cut. On the other hand, VS2 is the lowest recommended clarity grade for step-cut emerald and Asscher diamonds since their reflections do not mask inclusions well.
Diamond color grade is a major factor in a diamond’s price because it reflects how rare the stone is. Completely colorless diamonds are rare but not necessarily the best-looking. Some feel that diamonds utterly void of color have a somewhat unnatural look, similar to cubic zirconia. However, a small amount of a warm tinge can bring a balanced and natural look.
Size is measured in carats. People’s desire for a certain carat size is driven by the social pressure to affirm a social status. The carat size alone without a decent color/clarity grade is a waste of a diamond. Most people are willing to sacrifice carat size in favor of a better grade.
GIA evaluates the cut grade for round diamonds only. GIA’s excellent cut grade is essential for a round stone to retain its value. GIA Excellent cut grade guarantees that the stone is beautiful and full of life. In the GIA universe, the cut grade for fancy shapes does not exist. Symmetry is the key to fancy-shaped diamond excellence. Excellent or Very Good symmetry is important for modern diamonds but not for antique cuts.
Beauty is in the eye of the beholder
The regret of a junky diamond lingers long after the joy of getting a bargain is forgotten. People enjoyed wearing diamonds centuries before they learned to sort the good ones from the bad ones. Each grade is not a measure of a stone’s beauty but an indication of its relative rarity and value.
A perfectly symmetrical, completely void of color and inclusions diamond is not necessarily superior to a lower grade stone. It is just different but equally beautiful. Subject to personal taste. Roman poet Lucretius once uttered: “One man’s meat is another man’s poison.”
The Fifth C – Craftsmanship
Jeweler’s ability to take advantage of the stone’s unique features to enhance its presentation is crucial. Conversely, poor craftsmanship can reduce even the most beautiful diamond to a dull pebble.
Diamond’s “cut” encompasses shape, pattern, proportion, symmetry, as well as position, and style of the diamond facets. There are two essential types of diamond facets: step- and brilliant-style.
Most people are familiar with kite- and triangular-shaped brilliant facets. The majority of modern diamonds such as rounds, ovals, princesses are brilliant-cut.
Step-cut facets are rectangular or trapezoid in shape. Emerald cuts, Asscher-cuts, and baguettes are all step-cut diamonds. Rarely do diamonds combine both step and brilliant-cut facets on the same stone. Such stones have a “Mixed” cut.
The cut significantly affects a diamond’s optical properties; it determines how well the stone reflects and breaks the light. Round brilliants with excellent cut, symmetry, and polish grade are called “ideal cut diamonds.”
Sometimes these diamonds are called “Triple X,” “XXX,” “ExExEX.” Some ideal cut diamonds with a specific pattern of facets can be classified as “Hearts and Arrows” or “Hearts & Arrows.” The idea that an ideal cut has a superior look is preposterous.
Some people find a diamond with a small degree of asymmetry to be more attractive. They argue that a diamond with perfect symmetry lacks the randomness in reflections that make it come alive. A precursor of the ideal cut, the “American Standard” cut, was developed in 1919 by Polish engineer Marcel Tolkowsky. His formula was perfected over the years, eventually resulting in the ideal diamond cut. The cut grades are “poor,” “fair,” “good,” “very good,” and “excellent.”
What makes a diamond sparkle?
A property called “sparkle” does not exist. This word that radiates the lack of maturity probably refers to both brilliance and dispersion. The brilliance is a repeated blinking of diamond facets in random order. At the same time, dispersion is the ability to scatter and polarise light, causing the rainbow effect commonly called “fire” in diamonds.
Some diamonds are cut to maximize brilliance, others for fire. Brilliant cut maximizes brilliance at dispersion’s expense. Antique and step-cut diamonds popular when ballrooms were still lit with candles are cut to maximize the fire.
The most expensive alphabet in the world
Diamonds range from colorless to yellow. Each diamond color grade is assigned a letter starting from D, which is the top grade. The lowest grade is Z.
GIA is an absolute authority on diamond grading, so their grades are solid. Other labs, including AGS, EGL, IGI, GRS, are inconsistent and even purposefully padded.
Color is the least noticeable diamond attribute, yet it has the most dramatic impact on its price.
Diamonds within the D to I color range do not have a yellow color component. The difference is brightness on the grayscale.
Even professionals (with rare exceptions) cannot eyeball the difference between adjacent color grades.
Color perception is highly subjective. It varies from person to person. Lighting conditions, the angle at which the stone is viewed, and cut variations affect the stone’s appearance.
Most consumers cannot distinguish within 1-2 color grades even when diamonds are next to each other. Telling the difference when the stone is worn in the ring on a finger is impossible, especially when the ring is not regularly cleaned.
D is the top color grade, but it’s not practical and too expensive for most people.
We agree with Tiffany’s (de-facto bridal authority) that all diamonds I- and better are perfectly white and do not have a yellow tint. The only difference is how bright they are.
D-E colors are “vanity” grade. They are used mainly in high-end jewelry, which demands the finest material without concern of the cost.
F-G colors are “premium” and widely used in fine jewelry.
H-I is a “practical” choice for a reasonable price without sacrificing diamond quality.
It is worth repeating: the difference between F-G and H-I grades is only in brightness. These stones are perfectly white and do not have a yellow tint.
A little “suntan” is beneficial for antique diamonds such as Asschers or antique cushions. It improves their sharpness and depth perception and gives the stone a rich, natural look.
Starting from J-color, diamonds’ “warmth” becomes prominent, escalating into a noticeable yellow cast with every grade below J. For an Asscher or an antique cushion, the J to M color range is reasonable to consider.
If you want to make sure there is absolutely no yellow tone in your diamond, stick to the stones in the D to I color range.
The GIA color chart uses the word “yellow” instead of the more appropriate “yellow tint,” which scares people into thinking that most diamonds are yellow. Even the grades down to P are white, just with a slightly warmer.
A solitaire ring can be set with any color-grade diamond. For a three- or five-stone ring, we recommend staying with diamonds above H. Side stones are usually one color-grade lower than a diamond in the center.
Pave is usually set with F-color diamonds, so if you consider adding pave, the sweet spot is approximately F-G.
Diamonds are graded upside down on a pure white background. A team of well-equipped diamond graders examines the diamond against a set of masters to determine the color. In a case they are split in their opinions, a vote is taken.
Diamond grading is more consistent today due to technological advances such as the use of colorimeters.
Nevertheless, the grading process is highly subjective. Diamond color is perceived differently from various angles. Cut, proportions, brilliance, and dispersion affect color perception. Old European cuts, step-cut diamonds, stones with lower depth face whiter than their grade suggests.
Once, we cut a single piece of rough into a pair of diamonds, each getting a different color grade. It took much effort to convince GIA to reconsider their decision.
The passing of time can affect the grade. When old stones are re-certified, they often get a slightly higher color grade because grading standards were more relaxed in the past.
A D-colored diamond is a freak of nature utterly void of any trace color. These albinos are prized because of their scarcity, not beauty. In fact, D-colored diamonds are unnaturally bright and look artificial.
A long time ago, a pure white stone was most likely a diamond because the only simulants were yellowish zircon or topaz.
Throughout history, a D-colored diamond, Mussolini’s briefcase, The Antikythera gizmo, and other artifacts are deemed valuable simply because they are rarities, not because they are exceptionally attractive. D-colored diamond can be a prized possession for a collector but not a bride. Setting it into an engagement ring is a waste.
A hint of yellow in a diamond is not a turn-off but a natural characteristic that makes the stone more attractive to some.
Those who appreciate the beauty of a warm-toned diamond have an affinity for finer things in life, such as antiques and art. Culture and tradition also play a role in color choices.
For example, warmer diamond tones are welcomed in India and Russia. At the same time, there is a strong preference for colorless stones in Asia.
Up until the 20th century, a light yellow shade was not a detriment.
Museums worldwide are not ashamed to display royal regalia and other historical jewelry set with diamonds of various shades. Step cuts and antique cut diamonds, in general, make warm stones appear subdued. Brilliant cuts tend to amplify the color. That’s why most fancy-colored diamonds are radiants and modern cushions.
In the Kremlin Armory (“Оружейная палатa”) where Mr. Snowden is moonlighting as a janitor, you can see a mix of loose diamonds and crown jewels, including the Russian Imperial Crown, most of them pretty low in color.
Diamonds beyond Z-grade are called “fancy,” and their value increases with the color strength. Diamonds occur naturally in almost every hue: red, green, pink, blue. They are the rarest and command astronomical prices.
Adding a gold mirror “reflector” to low-colored diamonds (U and below) can amplify their color into a valuable and distinct fancy yellow color.
Store lighting cannot change the diamond color, but it can make it less obvious.
The full-spectrum lighting, which is equivalent to natural light, is best to view diamonds. Most jewelry stores are lit up with full-spectrum lights.
Even the natural daylight varies with seasons and weather conditions.
BMG stands for brown, milky, green in diamonds. Yellow is assumed to be natural diamond color, but it can brown and green as well. The diamond’s hue is not stated on the certificate unless it falls into the “fancy” color range.
Brownish or greenish hues can make diamonds below H-color look dark and unattractive. Such stones are undesirable and should be avoided.
The tint is impossible to detect by non-professionals, and even some pros struggle to see it.
What is Diamond Clarity?
Clarity is the presence or absence of inclusions and blemishes in diamonds. Gemologists refer to these inclusions or patterns of inclusions as “identifying characteristics” and consider them to be a diamond’s unique “fingerprint.”
Diamonds are graded for clarity according to the number, size, location, and type of inclusions.
– transparent or opaque crystals called pinpoints,
– clouds that are groups of pinpoints
– internal fractures called feathers
– Internal graining (crystal growth twinning planes)
External blemishes include polishing lines, grain lines, scratches, chips, nicks, and “naturals” (part of the rough diamonds’ original surface).
Diamonds are graded by skilled professionals using natural or artificial light with a 10X loupe corrected for chromatic and spherical aberration or with a 10X binocular microscope equipped with dark-field illumination.
The GIA system has a total of 11 specific grades. They are grouped into six categories:
Flawless (FL) Nothing is visible under 10x magnification. It’s a pure diamond crystal with positively no blemishes or inclusions. Flawless diamonds are generally not used in jewelry. They will most likely develop blemishes during the wear and drop to IF or even the VVS category.
Internally Flawless (IF) No inclusions visible under 10x magnification except minor blemishes. The blemishes can be repolished to bring the clarity grade to the Flawless. The surface grain lines cannot be repolished.
Very, Very Slightly Included (VVS1 and VVS2) Inclusions are so minor (often smaller than specks of dust) that it can take hours for a skilled gemologist to find them under 10x magnification. The difference between VVS1 and VVS2 grades is in the number and location of inclusions. VVS1 diamonds typically have no more than two inclusions located on the periphery, while VVS2 inclusions can be closer to the center.
Very Slightly Included (VS1 and VS2) Minor inclusions requiring an effort to see the inclusions under 10x magnification. In step cuts, VS2 inclusions can be noticeable to a person with a sharp eye.
Slightly Included (SI1 and SI2) Inclusions are noticeable under 10x magnification.
Included (I1, I2, and I3) Inclusions are obvious under 10x magnification and, in I2 and below, almost certainly affecting diamond transparency and brilliance. Usually, these inclusions will be centrally located and noticed immediately when the diamond is examined. SI inclusions are usually evident when the stone is placed table-down on a white background but not face-up.
Most SI1 brilliant-cut diamonds are eye-clean. It is rare to find an eye-clean stone below SI1 grade. There is an occasional SI2 diamond that got a poor grade despite being eye-clean. This fact is usually reflected in the diamond’s price.
Diamonds with translucent, non-reflective inclusion or inclusions located at the girdle where prongs could cover them are desirable.
Prongs and bezels holding a stone are partially covering it. Strategically placing metal over the inclusion can hide it from the view.
There are a few things to consider. Often the inclusion is too big to be covered. Also, some inclusions make a diamond fragile, so applying the pressure with a prong during the setting can shatter the stone. And finally, sometimes, it is impossible to cover several inclusions without altering the prong’s position, which can negatively affect the jewel’s look.
An “eye-clean” diamond has no imperfections visible to the unaided eye. However, vision clarity, peripheral awareness, eye coordination, depth perception, focusing ability, and color vision vary from person to person. It makes a clear definition of “eye clean” impossible.
The traditional clarity grading system relies on the 10x magnification to define the visibility of the inclusion.
What GIA should have done is to split SI stones into three or even four sub-categories. Unfortunately, they opted for just two, opening the door for creative and very subjective opinions.
Regardless of their clarity grade, the eye-clean stones offer excellent value to the consumer.
There are only two clarity grades for most consumers: stones that look clean and those with something inside, real or imaginary.
The SI is a watershed grade for brilliant-cut diamonds making a “good SI” a sweet spot for bargain hunters.
For step-cuts, the VS2 grade is where eye-clean stones are mixed with those where inclusions stick out like a vegan at the steak dinner.
- – A knot is an exposed crystal breaking the diamond surface.
- – Abrasion is the damage from scraping or wearing away edges. Myriads of tiny chips blunt the intersections where facets meet.
- – Scratches are scores or marks on the surface caused by contact with another diamond.
- – A natural is a leftover section of the rough diamond skin that is left unpolished. Usually, naturals are on the girdle and are often mistaken for chips. Triangular marks called trigons help to identify them as naturals.
- – A nick is a small chip on a girdle or facet.
- – White or transparent polish lines left on the surface after polishing can be easily removed, usually without losing weight. A “drag line” is a deep single polish line.
- – Polish marks are hazy areas on the surface caused by excessive heat during polishing.
- – A pit is a minute opening on the stone’s surface, usually mistaken for a pinpoint or a speck of dust.
- – Grain lines are wavy ripples caused by polishing the crystal’s zone of irregular growth.
- – Wavy skin is a transparent rippled texture resulted from polishing a facet against the grain.
- – Extra facets are usually added to remove a flaw located close to the surface. Additional facets are usually located next to the girdle, where they are less visible.
- – Rough girdle is a grainy patch on the bruted girdle left unpolished during faceting.
Carat, Not Karat, Not Carrot
Diamonds are weighed on a carat scale (not to be confused with Karat, a unit of gold purity). The weight unit’s name “carat” is derived from the carob seed – a measuring unit used in the Middle Ages. There are 100 points in one carat. Therefore, weight can also be understood as a ratio (i.e., points/ 100). A fifty-point diamond or half a carat is 50/100’s of a carat.
Diamond’s diameter measured in millimeters can be used to estimate its weight in carats by using the following formula: [Average diameter in mm] x [Depth in mm] x 0.0061 (where “x” stands for “multiply” and 0.0061 is the Size/Weight conversion factor). The relationship between size and weight is not linear (i.e., a half-carat diamond is not twice the size of a twenty-five-point diamond, only twice as heavy).
Diamond’s Size in Millimeters
The size alone is not enough to determine a diamond’s value. We have to consider its cut, proportions, and polish. Even a large diamond has its value plummeted when it is poorly cut. When we measure small stones (melee or stones less than 0.05 carats in weight), we stop speaking of diamond weight and speak in terms of the diameter of a stone when referring to its size.
A single tiny stone is impossible to weigh. Jewelers weigh small diamonds in parcels to get an accurate reading. Center stones are usually weighed up to 100th of a carat. Recently, gem labs started issuing certificates that state a diamond weight up to one-thousandth of a carat.