Color:- on the basis of color, diamonds are graded on scale D(Colorless) to Z (Light Yellow), so the more color less a particular diamond will be, considered rare and most valuable, Colored diamonds are often used for making wedding rings and other diamond sets.
Cut:- Cut in a diamond means how diamond reflects the light through its surface, a well cut diamond reflects the straight rays of the light in the viewers eyes, but it is considered to be difficult to check for a normal layman, so one should look for the AGS certificate or GIA which are the standard bodies to approve the quality of diamonds, Cut of a diamond are categorized into multiple grades as Ideal, Premium, Very Good, Good, Fair & poor Cut, and ideal cut is the rarest and most precious one.
Clarity:- Diamond is a stone that naturally owns some inclusions, small Flaws (F), Air Bubbles, Scratches or other minerals inside, all these factors reduces the value & beauty of a particular diamond, so the clarity of a diamond is again a big question a buyer should have in mind, diamonds clarity scale has the following parameters
Flawless (F) Completely inclusion free both internally and externally
Internally Flawless (IF) No internals, but slight external inclusions
VVS1-VVS2 (Very-very slightly Included)- very minute inclusions, so difficult to detect even under 10x magnification.
VS1-VS2 (Very Slightly Included)
SI1-SI2 (Slightly Included)- Invisible to watch via naked eyes but inclusions can be seen under 10x magnifications by experienced grader.
I1-I3 included- Visible to watch via naked eyes, so in result affects the shine & brilliance of diamond.
So diamonds fall in category of VVS2 to F are so expensive & rarest ones, so generally people prefer buying the diamond falling in the categories between SI2 & VS1.
Caret- Caret represents the weight, size of a particular diamond that should be chosen according to the occasion, designer label, clothing and budget you have, you will find a number of diamonds having the different-different sizes (carets), so avoid buying conflicted diamond, GO for the one certified through AGS or GIA.
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