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Diamond Grading Reports

You’ve been told that having a certificate or a diamond grading report is important, and as a responsible consumer, you get one – unfortunately, you probably won’t understand a word of what is on that diamond grading report, unless you are a jeweler.

On the color grading scale, D, E, and F mean that the diamond has no color. G, H, and I means that it has very little color. J, K, and L means that the diamond has a slight yellow color. P, Q, R, S, T, U, V, W, and X means that the diamond is a darker shade of yellow. Z means that the diamond has a fancy color – other than white or yellow.

On the color grading scale, D is the most valuable, and X is the least valuable – however diamonds that get a Z rating are the rarest and most expensive diamonds in the world. There are many aspects to a grading report. Figuring it all out can be very confusing. You should talk to a jeweler you trust, and have them explain everything on the diamond grading report to you.

Diamond Shapes

If you thought all diamond shapes were the same, you may be surprised at the abundant number of diamond shapes that are available. Most jewelers offer at least nine of the most common gemstone shapes, including:

Round diamonds
Emerald diamonds
Heart diamonds
Princess diamonds
Pear diamonds
Radiant diamonds
Asscher diamonds
Marquis diamonds
Oval diamonds

Two diamonds that are the same shape will appear to look slightly different depending on the size and weight of the diamond, as well as the type of setting that the stone is placed in. The same ring worn on two different hands can also look quite different, based on the size of the hands.

Difference Between Diamond Shapes and Diamond Cut

Many people mistakenly use the terms "diamond shapes" and “diamond cuts” interchangeably, but there is a difference between them. The cut of a diamond refers to how the artisan maximizes the features of the gemstone by creating angles and details, making the light go into the diamond and bounce back in the most brilliant way possible. The quality of a diamond's cut contributes greatly to the overall value of the gemstone, where as the shape of a diamond does not increase or decrease a diamond's value. When discussing diamond shapes, you are referring to the actual geometric shape of the diamond, whether it is round or oval, emerald or heart shaped, for example.

Choosing Diamond Shapes

With all the possibilities of diamond shapes, how do you go about choosing one? If you are buying yourself a diamond, it's just a matter of looking at all the different varieties and finding one that is most pleasing to your eyes, and the ones that look best when you put them on your finger, or wear in your necklace.

When choosing a diamond shape for someone else, it becomes a bit more difficult. For an engagement ring, many women prefer the traditional round shaped diamond, while others may enjoy having something more unique. A young woman or one who is considered a hopeless romantic may prefer to have a heart shaped diamond.

Other considerations for selecting diamond shapes for rings should be based on the size of a woman's hand. If she has long, slender fingers, she can elegantly wear a pear shaped diamond, marquis, or oval shape. Place the same shaped diamond rings on a woman with shorter, wider fingers, and it will cover up too much of the finger and look bulky, and perhaps even awkward. Small hands typically look best with round shaped or princess shaped diamonds.

Most Popular Diamond Shape for Engagement Rings

Even though there is a wide variety of diamond shapes available, the most commonly purchased diamond shape for engagement rings is the round diamond. Round diamonds are considered the “classic engagement ring”, and the stones are often set in yellow gold or platinum. In fact, any diamond shape other than round is considered to be a “fancy” shape, since the round diamond is so popular.

Notes from the author:

The most important physical properties to look for in a diamond are referred to as the "4C's" - Carat, Clarity, Color and Cut. The concept behind the 4C's is that all of these qualities work together to create the very best diamond for you.

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Diamond: The Rare Prize!

When you walk into a jewelry store and see all the diamonds in all of the various settings that are for sale, it is difficult to realize that diamonds are indeed rare. Most people don’t even stop to consider how that diamond came to be sitting in that jeweler’s case! There is quite a bit of work that is done before a diamond is ready to be sold on the open market

For every one million diamonds that are mined, only one will be found that is a quality one caret diamond. In order to find a two caret diamond, about five million diamonds must be mined. More than two hundred tons of ore must be mined to find one small diamond, and even then, more than 80% of the diamonds that are mined are only good for industrial use, such as diamond drill bits.

So, the next time you visit your local jewelry store, ask to see the one carat diamonds. You should look at this diamond with new appreciation – knowing that it truly is one in a million!