Since diamonds are carbon, eventually people were able to make diamonds in this manner, but these diamonds were easily distinguishable from natural diamonds. For scheduled property, the insurance appraisal is vital because it describes the jewelry item and provides the insured value that is used in determining the premium you will pay to insure the item each year. For agreed value policies, the settlement amount is stated in the policy whereas replacement value allows the insurance company to replace your jewelry or make a cash settlement based on the insurance company's cost to replace your item.
Explanation of Cut, Color and Clarity of This Diamond
Cut Quality Ideal cut refers to the angles and proportions of a diamond that satisfy very precise mathematical formulas. The result is that the the ideal cut diamond internally reflects most light from one mirror-like facet to another and disperse and reflect it through the top of the stone. This results in a display of brilliance and fire, thereby placing ideal-cut diamonds higher on the quality pyramid than deep or shallow-cut diamonds.
Color An E color diamond is extremely rare and slightly less expensive than a D but is so similar that most people won’t be able to tell the difference. You pay a serious premium for an E color diamond. Diamonds of this color grade will appear colorless even when observed face down.
Clarity VS2 Clarity diamonds are very slightly included grade two. VS2 diamonds have minor inclusions that are visible at 10x magnification. They are less expensive than the VS1 clarity grade because they exhibit slightly more inclusions. VS2 clarity diamonds make excellent choices for jewelry because the naked eye will not be able to detect any inclusions.