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The weight of a diamond is one of these variables that determines a diamond’s worth and is what the general public is most familiar with. The unit of measurement, called the carat, equals 200 ...
[i] The carat is divisible into 100 points of 2 mg. Other subdivisions, and slightly different mass values, have been used in the past in different locations. In terms of diamonds, a paragon is a flawless stone of at least 100 carats (20 g). [3] The ANSI X.12 EDI standard abbreviation for the carat is CD. [4]
Since the per carat price of diamond shifts around key milestones (such as 1.00 carat (200 mg)), many one-carat diamonds are the result of compromising cut for carat. Some jewelry experts advise consumers to buy a 0.99-carat (198 mg) diamond for its better price or buy a 1.10-carat (220 mg) diamond for its better cut, avoiding a 1.00-carat (200 ...
The GIA Laboratory provides a variety of gem grading and identification reports for diamonds over 0.15 carats. [11] Diamond grading reports for unmounted natural and laboratory grown diamonds determine their key characteristics: color, clarity, cut and carat weight. GIA issues several types of reports for natural diamonds, the most popular for ...
In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million euros, or US$9.5 million at the time). [59]
The famous Hope Diamond is only 45.5 carats, which is about one-third the mass of the Tiffany Yellow Diamond. [5] The diamond is known to have been worn by only four women during its lifetime. It was worn by Mary Whitehouse at the 1957 Tiffany Ball held in Newport, Rhode Island, mounted for the occasion in a necklace of white diamonds. [5]
The 1,109-karat diamond is estimated to sell for close to a whopping $86M, if it goes for the same price-per-karat as "The Constellation" sold for. Quite the pricey investment, but diamonds are ...
Stones near the top of a size band (or rarer fancy coloured varieties) tend to be uprated slightly. Some of the price jumps are related to marketing and consumer expectations. For example, a buyer expecting a 1 carat (200 mg) diamond solitaire engagement ring may be unwilling to accept a 0.99 carats (198 mg) diamond. [citation needed]