Showing posts with label diamond education. Show all posts
Showing posts with label diamond education. Show all posts

Monday, 29 March 2010

Learn about Diamonds and Jewelry - A-Z Guide

Learn about Diamonds – The A to Z Guide to Diamonds & Diamond Jewelry


Before you purchase a diamond or a piece of diamond jewelry, which is not usually a small step or a cheap item to consider, it is a very good idea to know what you are buying. This brief but comprehensive guide will help you learn about diamonds and get you familiar with the terminology of the diamond and jewelry industries. Wherever you decide to buy, it is a good idea to always check the details.


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9k: 9 karat gold, meaning that 9 of 24 parts of the metal alloy are pure gold, approximately 37.5% pure gold. This is the UK standard.


10k: 10 karat gold, meaning that 10 of 24 parts of the metal alloy are pure gold, approximately 41.5% pure gold.


14k: 14 karat gold, meaning that 14 of 24 parts of the metal alloy are pure gold, approximately 58.5% pure gold. Usually marked "14k" or "585". This is the US standard.


18k: 18 karat gold, meaning that 18 of 24 parts of the metal alloy are pure gold, approximately 75.0% pure gold. Usually marked "18k" or "750".


24k: 24 karat gold, pure gold.


925: Used to mark sterling silver jewelry.


950: Used to mark 95% pure platinum jewelry.


A


Appraisal: A written estimate of the retail replacement of the diamond described. Usually being used for insurance purposes and should be updated every few years. Appraisals are usually given for jewelry as a whole rather than for a loose diamond, but both do exist.


Accents: Small diamonds set in a solitaire ring or another piece of jewelry are referred to as the accents.


B


Bezel facet: On a round brilliant diamond, these are eight large kite-shaped facets on the crown.


Bezel Setting: A way of setting a diamond in a piece of jewelry, but setting the stone by encompassing the entire girdle of the diamond. A semi-bezel setting will mean the diamond is set partly in a bezel setting.


Brilliance: The term used to describe the reflection of white light emitted from the diamond in its “face-up” position. This is the main characteristic that differentiates diamonds from other, less brilliant, gemstones. (No other gemstone has the power to equal the extent of a diamond’s light reflection).


C


Carat: the standard unit of a gemstone’s weight. On carat equals 1/5 of a gram or 1/142 of an ounce. 1 carat=100 points.


Cavity: A type of inclusion consisting of a large or deep opening in a gemstone.


Certification: Sometimes considered the 5th of the 4 C's. Independent certification ensures accurate grading of the 4 C's and therefore guarantees value for money. Some of the leading gemological labs include GIA, HRD, IGI, AGAS and EGL.


Clarity: One of the 4 C's of diamond characteristics. Refers to the type, size and quantity of inclusions or imperfections in the diamond. The higher the clarity of a diamond, the more valuable it is. Not to be confused with color or brilliance, although good clarity can enhance both these parameters. Read more on Diamond Clarity.


Clarity enhancement: Any process used to improve the apparent clarity of a diamond. Clarity enhanced diamonds can include fracture filling, laser drilling heating and cleaning of the stone. Read more on Clarity Enhanced Diamonds.


Cloud: A group of minute to very small, white inclusions which give a “cloudy” appearance.


Color: One of the 4 C's of diamond characteristics. Graded from D (colorless and most desirable) to Z (yellow and less desirable). Read more on Diamond Color.


Crown: The part of the diamond that is above the girdle. It consists of the table facet and the crown facets below the table.


Crystal: A type of inclusion. A crystal is a mineral deposit trapped inside the stone.


Culet: The point at the bottom of a full-cut diamond.


Cut: The way the diamond has been cut will determine its fire and brilliance. The better the cut of the diamond, the more light will reflect out of the face of the diamond. Read more on Diamond Cut.


D


Depth: The distance between the table facet and the culet measured in millimeters.


Dispersion: The fiery, rainbow color-flashes emanating from a diamond. This is white light broken up into the colors of the spectrum.


Durability: This covers extremely thin girdles as well as inclusions that weaken a diamond. Clarity enhanced diamonds are no less durable, however tend to have more natural inclusions that tend to weaken the diamond. The enhancement will not affect the durability but may hide susceptible inclusions.


E


Eternity ring: A diamond ring with an array of diamonds set all around the ring. Eternity rings are used as wedding rings and anniversary bands.


Eye-clean: The term used in clarity –grading: “eye-clean” diamonds should have no inclusions that are visible through the table to the unaided eye.


F


Facet: Polished planes on the surface of a diamond.


Fancy color: Diamonds having color more intense than ‘Z’, as well as diamonds with color other than yellow or brown are considered fancy colored diamonds. These diamonds are graded using different systems.


Fancy shape: Any shape that is not round, also known collectively as "pears". Includes: square princess, radiant, cushion, heart, pear, oval, marquise and others.


Feather: An internal fracture or break in a diamond that looks like a white feather.


Fire: A term referring to dispersion and/or brilliance.


Fluorescence: The property in approximately 50% of all diamonds that makes them glow when exposed to ultraviolet light.


Fracture: A chip or break on a diamond that is not in the direction of a cleavage plane.


Fracture filling: A treatment whereby feathers in a diamond are filled with a clear glass like substance, used to make inclusions less visible to improve the clarity of the diamond. This is a type of clarity enhancement.


G


Girdle: The outer edge, or outline of the diamond’s shape.


Girdle thickness: The measurement describing the girdle thickness is the average distance between the pavilion (lower part) and crown (upper part).


Gold Purity: See above for 9k, 10k, 14, 18k and 24k gold.


H


Hearts and arrows: Also called “H&A”, these are mostly round cut diamonds having superior cutting quality and which are known to show a visual pattern of 8 hearts looking down through the pavilion and 8 arrows when viewing the diamond in the face-up position using the H&A loupe.


I


Ideal cut: A diamond polished to the highest precision and perfection resulting in ideal balance between brilliance and fire.


Inclusion: A naturally occurring imperfection in a diamond.


Invisible setting: A technique used to set a number of diamonds together without visible gold prongs. This setting gives the effect of one large diamond when the small diamonds are set together.


K


Karat: The measurement of gold’s purity, with 24 karat being pure gold. Not to be confused with carat weight of diamonds.


L


Laser drilling: A clarity enhancement technique, whereby a laser is used to drill into to a dark inclusion which is then bleached in order to enhance the inclusion’s appearance.


Loupe: 10x magnifying lens used to examine diamonds.


Luster: The degree to which a diamond reflects light.


M


Mine cut diamond: An ancient form of the brilliant diamond with a cushion shaped outline, high crown, small table, deep pavilion and an extremely large faceted culet.


N


Natural: A small rough diamond portion that can be found on some polished diamonds.


Natural Diamonds: Includes all real diamonds that are mined and not synthetically created.


O


Old European cut diamond: The earliest known form of brilliant cut diamond with a very small table and steep crown.


Optical property: A gem’s intrinsic ability to interact with light.


P


Pave: A jewelry setting technique in which numerous small diamonds are mounted close together to create a glistering diamond crust that covers the whole piece of jewelry and obscures the metal under it.


Pavilion: The lower part of a polished diamond, usually coned-shaped.


Pinpoint: Internal characteristic, minute to very small, usually a whitish dot inside a diamond.


Platinum: A hard metal with excellent durability, white in color.


Polish: The way polishers finish the smoothness of facets on diamonds.


Prongs: Metal (gold, silver, platinum) spikes used to hold the gemstones in place. A prong setting ring refers to the way that the center diamond is held.


R


Rhodium: A white metal from the platinum family, commonly used to plate white gold jewelry to give it a whiter, shinier finish.


S


Scintillation: The small areas of light in a polished stone that flash on and off as the diamond, the observer or lighting moves.


Shank: The shank of a ring is referred to as the side area, also commonly known as the shoulders.


Star facet: One of the eight triangular facets found at the edge of the table facet and pointing to the outline of a brilliant cut diamond.


Solitaire: A type of diamond ring usually including one larger center diamond alone. The diamond itself is also commonly referred to as the solitaire.


Symmetry: Symmetry of facets, and symmetry of the parts of the stone.


T


Table: The largest facet, situated on top of the crown of a diamond.


U


Underside View: Looking at the diamond through the base, rather from the face (table view).


W


White Gold: White gold is a gold alloy made from pure gold, which is yellow, and a mix of white metals, usually including silver, nickel, platinum and palladium. Read more about White Gold.


Wholesale Price List (Rappaport): A price list used by diamond traders to buy and sell diamonds at the wholesale level. The Rappaport diamond price list indicates the going rates at wholesale for every carat weight, color and clarity combination in New York. There are different price lists for "Rounds" and "Pears".

Wednesday, 16 December 2009

Diamond Clarity (The 4 C's)

There is a lot of talk about the diamond clarity and although it is not usually the most important of the 4 C's to a diamond dealer, it is very often the most important factor for most people.  There are, however, some very important things to know so that you get what you expect and don't over or under-spend.



FL, IF (Flawless) - VVS (Very very slightly included), VS (Very slightly included), SI (Slightly included), I (included).
As you can see from the above table, you have the Flawless grades (enough said), the VVS grades, VS grades, SI grades and I grades.
Diamond grading on clarity is very subjective and depends on a wide range of factors including:
·         Size of the inclusions
·         Size of the diamond
·         Type of inclusion (black, white, bubble, feather)
·         Position of the inclusions (inclusions in the center usually grade down, whereas inclusions on the sides usually grade up)
·         Visibility from the "face" of the diamond
·         Internal or external inclusions
·         Cloudiness and effect on brilliance
·         Visibility to the naked eye
What is right for you?
FL-IF
·         You want only the best.
·         You have lots of money or don't mind having a small diamond.
·         You are purchasing mainly for an investment.
VVS1-VVS2
·         Similar to Flawless, these are very expensive and the quality difference between these and Flawless or VS diamonds is only visible in 40x magnification.
VS1-VS2
·         Eye clear diamonds.
·         You want quality, but don't want to spend a crazy amount of money.
·         My personal recommendation, even if it means choosing a slightly lower color or carat weight.
SI1-SI2
Best value for money.




I1-I3
If you are looking for the biggest diamond at the lowest price.

Sunday, 13 December 2009

Diamond Carat Weight (The 4 C's)

Diamond Carat Weight – (The 4 C's)

I'm not going to bore you with too much technical stuff, but if you are interested in buying some diamond jewelry you will no doubt have heard, and certainly need to know, what the carat weight of a diamond means . This should not to be confused with gold karat or carrots J (believe me I get this a lot!). It is also not the size… although size and weight are of course related.

If you would like to read about the history and metrics of a carat, good old Wikipedia is great: http://en.wikipedia.org/wiki/Carat_(mass). One thing that is good to know is that the term "points" refers to 0.01 carat… so 100 points make 1 full carat.

The carat weight of a diamond is one of the most significant factors that will affect the price of your rock; however I have a few tips that can help you save big.

A well cut diamond (I'll speak about cut later) will mean that for example a 1.00 carat round diamond will have a diameter of approximately 6.5mm.  A slightly deep cut diamond of the same carat weight can make the diameter smaller. "Under-sizes" are slightly less popular diamonds that are very close to very popular (and much more expensive carat weights). For example, you can save up to 50% by choosing a 0.95 carat diamond over a 1.00 carat diamond, despite them looking exactly the same without measuring.  In some cases, the diameter would be exactly the same.  Some examples include 0.45-0.49 carat instead of a 1/2 carat… 0.70-0.74 carat instead of 3/4 carat and so on. Over-sizes will have the reverse effect – you will be paying more in total for a diamond that is just a fraction heavier, but is not visibly larger.

Diamond prices in wholesale are referred to in terms of price per carat (or ppc). As the price per carat for a diamond increases, the larger the diamond, prices become exponentially higher the further you go. For example, a 0.50 carat diamond can cost $2000 ppc, meaning $1000 for the stone. A 1.00 carat diamond can be say double in price per carat at $4000, but will be 4 times the price for the stone.

Lingo summary for diamond carat weight:
100 points = 1.00 carat
Under-size = a few points below the most popular sizes (usually will look the same, but cost much less)
Under-size = a few points below the most popular sizes (usually will look the same but cost a bit more)
PPC = Price per carat
Ct. = Carat


If you would like to know any other sizes, just ask me. Fancy shapes don't really have a standard as it will depend on the length-width ratio, but I would happily help out.