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When it comes to the quality and price of any diamond, one of the factors that’s most well-known around the world is the carat number. Virtually everyone who has experience with both diamonds and several other high-value gems or stones will have at least heard of carats, which do indeed have a large impact on diamond pricing along with a few other important elements.
At Payne Anthony Creative Jewelers, we’re proud to offer a wide array of custom jewelry for engagement rings, plus numerous other areas including diamond earrings, necklaces and several other items. While many have indeed heart of carats and may bandy the term about, fewer know the true meaning of it and how it defines diamond value. Let’s look deeper here, including helping you understand the true value of carats and where to look for your next diamond.
A carat is meant to be a measure of the weight of any given diamond, with a single carat equal to 200 milligrams of weight. However, it’s just as common in the jewelry industry to hear diamonds referred to in terms of “points” – there are 100 points in each carat. So for instance, a diamond that weighs 0.3 carats would be a 30-point diamond, and so on.
As we referenced above, diamond carat is a primary factor in the value of the diamond and how much you’ll pay for it. But it’s important to note that it’s not the only factor here, and areas like cut, clarity and color will also play a big role. In addition, our next section below will dig into the differences between diamond carat and diamond size, the latter of which may play a bigger role in pricing than you would think.
Carat weight, as it turns out, doesn’t always perfectly indicate the size of the stone, which can also be impacted by shape and cut. Longer diamonds, such as Marquise cuts, may appear larger than a different, rounder cut that has the exact same carat weight.
In addition, it’s vital to remember that diamond prices don’t work on a perfect sliding scale. The larger diamonds get, the rarer they become – prices can often increase exponentially for this reason. A diamond that’s twice the size of another could cost four times as much, for instance. Price per carat is a good way to compare stones of different sizes, but again, remember that this is an imperfect comparison in some cases.
Which carat you choose will depend on your budget, the finger size of the person the stone is being purchased for, the setting you choose, and several other factors. Our jewelers are happy to walk you through the process and help you understand how carat weight compares to other factors as you make your choice.
For more on diamond carats, or to learn about any of our custom diamond jewelry, speak to the staff at Payne Anthony Creative Jewelers today.