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Thursday, September 3, 2009

PRICING A 'DIAMOND'

Pricing most merchandise is QUITE easy. To find out how much it costs to make the piece, how much it costs to commercialize that item, and then blotch it up by 15 -30% or more. Simple? Well, pricing diamonds isn't to a certain extent that simple. There are many components that are regarded when diamonds are priced.

Diamond prices are influenced first by toting up the cost of the rough diamond, the cost of cutting the diamond, as well as all other costs required to turn the rough diamond into a commercialize diamond. Relying on the prominence of the diamond, GIA certify the grade of the diamond based on color, cut, clarity, and weight.

At this instant, the DIAMOND becomes more pricey each time it changes hands, until it finally reaches a dealer, where the price is raised a bit more. Prior to, reaching the retailer, though, the diamond must travel to the Primary market. Once it has reached the primary market, it will be bought by diamond dealers and wholesalers, and from there it will be dealt to retailers.
As you can see, the prior you can purchase a diamond in the procedure, the lower the cost of the diamond will be but not the price. The price is based on what the diamond will trade for in the market place through a retailer.

If you possess a DIAMOND, and you have no thought how much it is worth, you can have it assessed, but the appraisal may not be precise. You will be fortunate obtaining a certificate through GIA Gemological Institute of America. With the data on this certificate, you can use a cutter's guide to truthfully establish what your diamond is worth.
There are also loads of diamond price calculators available. These can be found on the Internet, as well as many diamond dealers use these as well. You must apprehend, nonetheless, that prior to you can accurately price a diamond, without a Diamond Grade Report, you need to know fairly a bit about diamonds, such as diverse cuts, clarity, color, and weight and how each of those features adds to the worth of a diamond, or decreases the value of the diamond as the case may be.

Again, you will be FORTUNATE if you get a Diamond Grading Report on the diamond, along with use that data to refer the price in one of the leads that the diamond cutting industry uses. This will give you the most accurate value of the diamond.

Also see Diamond Engagement Rings

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