Though you may not be a jewelry expert, chances are you are familiar with how significant and valuable diamonds and other gems can be. That being said, diamonds vary greatly in value, depending on several different factors, and without having been trained as a gemologist, you would never be able to know by simply observing one. Fortunately, though, if you know of a trustworthy jeweler and you know which certifications to look for, you will be able to figure out the relative value of any diamond. When it comes to where to look for loose diamonds, always go to a reputable certified jeweler.
There are many different things that go into what makes a diamond valuable, which is why there is a very straightforward system for determining the value of diamonds, relative to each other. The system is colloquially known as the four “c’s” of diamonds, and it is a universally accepted standard for rating and grading these stones. Because of this, it is important to memorize these categories and understand how the ratings all relate to each other. Of course, in addition to knowing the four categories, you also need to know which institution to trust, when it comes to providing ratings because there is more than one that does this. Though there are several such organizations, there is one that stands out as better than the others, for a few reasons. Most importantly, though, they simply have the highest standards and grade the most strictly. This institution is the GIA, or Gemological Institute of America. The GIA is so stringent and universally accepted that some retailers refuse to sell anything but GIA certified diamonds.
As for the four “c’s,” it is important to know them as well. The first of these criteria is the clarity of the diamond, which is, for lack of a better word, how perfect the diamond is. A diamond with minimal flaws will warrant a higher grade, when it comes to clarity. The second criterion is the color of a diamond, which as you can guess, is just the color that the stone appears to be. Less color warrants higher grades, but there are definitely some rare colors of diamonds that are actually more valuable than other diamonds with a better rating. Cut is the third criterion, and it is the way in which the diamond was originally cut out of the rock. The better the structure of the diamond after this, the higher its grade will be in the cut category. The last criterion is carat, which is how large or massive the diamond is. Bigger diamonds are worth more and have higher ratings in this category. As for what to do with a diamond, most jewelers make them into engagement rings. Because so many people buy engagement rings every year, for some jewelers that is the bulk of their business. In many cases, though, it is smarter to get a loose diamond separately, before beginning to even look into custom engagement rings.