How to use a diamond calculator to know diamond pricing

Author: Ram Wagh

A diamond calculator is an answer to the problems you have regarding diamond pricing. It is not possible to know the diamond price by simply looking online. In fact, you cannot even expect your jeweller to know the price of every diamond in his store. At best, they may be able to tell you the price of their best selling pieces.

The purpose of a solitaire calculator is to determine the exact price of the stone based on its four Cs. Each of the Cs, the carat, cut, colour and clarity will influence the price of your solitaire. In fact, with every carat, the price is bound to change.

This is generally how a solitaire calculator works but there are other factors that influence the price of solitaires. That could be a trade regulation, changes in the demand and supply chain or even the production. However, a brand that offers fair and transparent pricing on its diamonds does its best to keep the prices stable.

Diamond calculator for diamond prices

A typical diamond calculator helps you know the price of a diamond based on the 4Cs. The type of cut you choose for your diamond will also alter its pricing. A diamond with a good cut will not be as expensive as one with an Excellent cut. Though there is quite a bit of difference between the two cut grades, the diamond calculator gives you the option to choose.

A generic diamond calculator lets you check the price of a diamond as long as it has a number that is also present on your diamond certificate. This diamond certificate and the number that comes from an objective third-party grading laboratory is recognised by most diamond brands.

Comparing diamond prices

Some diamond brands are clear about how they price their diamonds. Since diamonds prices change often, it is not practical to buy a stone at a price you saw a few months ago. That’s why these brands make it known whether they’re showing the exact price or only an approximate value.

If you happen to like two or three diamonds that could be more or less similar to look at, you can compare the pricing to see which one you want to pick. Sometimes, a slight change in the carat or colour could change the price in which case you might want to choose another diamond.

Diamond prices in one go

A diamond calculator is usually in a digital form. You can find one online since most diamond jewellers offer one. However, the first requirement for fair diamond pricing is transparent and standardised prices. Once a brand achieves that, it can price its diamonds accordingly.

Moreover, a diamond calculator that is even more compact in a mobile application is easier to handle. The Divine Solitaires mobile application allows consumers to customise the diamond and also check and compare the prices before they buy it. Users who already own a Divine Solitaires diamond can use their UID (Unique Identification number/code) to directly check the prices and compare them with past prices.