Not all gemstones are as durable as diamonds. Mass produced jewelry, many of which show beautiful, classic designs (often very similar to those from the most prestigious firms), are usually cheaper than items having a more limited production. Go to several fine jewelry firms in your geographic area and compare jewelry items and the prices being asked for them to get a sense of what is fair in your market area.
Explanation of Cut, Color and Clarity of This Diamond
Cut Quality Diamonds of premium cut are almost as good as ideal. While nature determines the color and clarity of a stone, diamond cut is dependent solely upon the skill of the cutter. Premium cut diamonds may be close to the ideal cut proportions and look just identical. Most people cannot distinguish between the two. However, there is a slight difference in quality and reduction in price over ideal cut diamonds.
Color In the near colorless category H color grade is the second best. Most H color diamonds have a very light yellow or gray tint that may be more noticeable when the diamond is placed on a white surface. Diamonds with H color grade appear white and are great values because they are more plentiful and as a result less expensive.
Clarity Inclusions and external blemishes in diamonds of SI1 clarity may be easy to spot under 10X power magnification. Location of the inclusions greatly affect their visibility to the naked eye. SI1 diamonds of good color produce as good of a sparkle as the more expansive VS graded stones of lower color. Excellent bargains may be fond in this category.