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Diamond prices are based on a how much carat
weigh they have. For example, a diamond that weighs .33 carats
and the list price is for $3000 per carat. The way
to calculate the price
is to multiply .33 x $3000 and the price you get is $990.
However a
diamond that weighs .66 carats goes into a much higher
price category per carat and the price per carat would
be
$8000 per carat, and the bottom line would be $5280.
In
the diamond business a price list called the Rapaport
report or the Rap list is used which is based on specified
carat weight ranges. The lowest
carat weight in each price range which defines the new price
range for all carats larger than itself increase in price. These carat weights are
can be defined "magic numbers." These
special carat
weight figures are as follows-
Seventy points(.70) through eighty nine(.89) ninety
points (.90)through ninety nine (.99). From a carat on
the price ranges change every half a carat 1.49- 1.99
and so on.
Since
The prices change dramatically every time the carat
range changes there is a very high demand on these
diamonds whose carat weight is just under the magic numbers
(for example ..69 points or .88 points). Diamonds with
such weights are very hard to find because most cutters would
much rather give up on a little of precision so that
they can keep a diamond
above the magic number. But its very ideal if you
can find it,
because the difference of .01 points is practically
imposable to be seen and you'll be getting a diamond
with the appearance of the next carat range
without paying the difference The industry
usually takes a little bit higher premiums for such diamonds,
but you can still get a far better price than a diamond
in the next
carat range. |