- Carat
The carat weight measures the mass of
a diamond. One carat is defined as exactly 200 milligrams (about
0.007 ounce). The point unit equal to one one-hundredth of a carat
(0.01 carat, or 2 mg is commonly used for diamonds of less than one
carat.
All else being equal, the value of a diamond increases exponentially
in relation to carat weight, since larger diamonds are both rarer
and more desirable for use as gemstones.
The price per carat does not increase smoothly with increasing size.
Instead, there are sharp jumps around milestone carat weights, as
demand is much higher for diamonds weighing just more than a
milestone than for those weighing just less. As an example, a 0.95
carat diamond may have a significantly lower price per carat than a
comparable 1.05 carat diamond, because of differences in demand.
Clarity
Clarity is a measure of internal
defects of a diamond called inclusions. Inclusions may be crystals
of a foreign material or another diamond crystal, or structural
imperfections such as tiny cracks that can appear whitish or cloudy.
The number, size, color , relative location, orientation, and
visibility of inclusions can all affect the relative clarity of a
diamond.
Diamonds become increasingly rare when considering higher clarity
gradings. Only about 20 percent of all diamonds mined have a clarity
rating high enough for the diamond to be considered appropriate for
use as a gemstone; the other 80 percent are relegated to industrial
use. Of that top 20 percent, a significant portion contains an
inclusion or inclusions that are visible to the naked eye upon close
inspection. Those that do not have a visible inclusion are known as
"eye-clean" and are preferred by most buyers.
Color
Most diamonds used as gemstones are
basically
transparent
with little tint, or white diamonds. The most common impurity,
nitrogen, replaces a small
proportion of carbon atoms in a diamond's structure and causes a
yellowish to brownish tint. This effect is present in almost all
white diamonds; in only the rarest diamonds is the coloration due to
this effect undetectable.
Cut
Diamond cutting is the art and science
of creating a gem-quality diamond out of mined rough. The cut of a
diamond describes the manner in which a diamond has been shaped and
polished from its beginning form as a rough stone to its final gem
proportions. The cut of a diamond describes the quality of
workmanship and the angles to which a diamond is cut.
The techniques for cutting diamonds have been developed over
hundreds of years, with perhaps the greatest achievements made in
1919 . The modern round brilliant has 57 facets (polished faces),
counting 33 on the crown (the top half), and 24 on the pavilion (the
lower half). The girdle is the thin unpolished middle. The function
of the crown is to diffuse light into various colors and the
pavilion's function to reflect light back through the top of the
diamond
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Shape
Diamonds do not show all of their beauty
as rough stones; instead, they must be cut and polished to exhibit the
characteristic fire and brillianc e that diamond gemstones are known for.
Diamonds are cut into a variety of shapes that are generally designed to
accentuate these features.
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Quality
The quality of a diamond's cut is widely
considered the most important of the four Cs in determining the beauty
of a diamond; indeed, The skill with which a diamond is cut determines
its ability to reflect and refract light.
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The Cutting Process
The process of shaping a rough diamond
into a polished gemstone is both an art and a science. The choice of cut
is often decided by the original shape of the rough stone, location of
the inclusions and flaws to be eliminated, the preservation of the
weight, popularity of certain shapes amongst consumers and many other
considerations. The round brilliant cut is preferred when the crystal is
an octahedron, as often two stones may be cut from one such crystal.
Oddly shaped crystals such as macles are more likely to be cut in a
fancy cut that is, a cut other than the round brilliant which the
particular crystal shape lends itself to.
Even with modern techniques, the cutting and polishing of a diamond
crystal always results in a dramatic loss of weight; rarely is it less
than 50%. Sometimes the cutters compromise and accept lesser proportions
and symmetry in order to avoid inclusions or to preserve the carat
rating. Since the per carat price of diamond shifts around key
milestones (such as 1.00 carat), many one-carat diamonds are the result
of compromising "Cut" for "Carat." Some jewelry experts advise consumers
to buy a 0.99 carat diamond for its better price or buy a 1.10 carat
diamond for its better cut, avoiding a 1.00 carat diamond which is more
likely to be a poorly cut stone.
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