The last thing that you should know about a 3 carat diamond ring overlooks its attraction. It is grand, signals commitment, it sparkles and literally steals hearts. However, before you are swept completely off of your feet there is something that you need to know; the price behind a 3 carat diamond ring. Read on and we’ll discuss the elements which drive price, allowing you to maneuver through this substantial investment.
The Non-Linear Price Hike
Diamond Pricing and 4cCut, Clarity In Colors Carat Weight Even more so than wedding sets, the larger a diamond you buy for your ring, the more it’ll cost – but in this case it’s all about carat weight and not a linear one-to-one. Having a 3 carat diamond is not just going to be priced at three times the price of a 1 carat!
Here’s why:
- Rarity: The rarer form is large diamonds, so the cost per carat increases exceptionally for relatively larger stones.
- Demand: Greater demand for larger stones also drives up the price.
- Size of Rough Diamond: There is a lot more 3 ct rough from which to cut such diamonds up than there are larger stones.
In terms of 3 carats, the higher price range stretches from about $20k to almost $200k or more which is a vast expanse.
Breaking Down the 4Cs:
So, here we go with the four Cs which affect most on 3 carat diamond ring cost:
- Cut: Which has to do with the diamond’s anatomy or how well it was shaped. A well cut diamond reflects the most brilliance, and fire – this is what makes it sparkly! This is merely a very special method of informing you that an ideal reduced 3-carat diamond will be far more than the exact maintaining weight with actually bad cuts.
- Clarity: which is a measure of internal imperfections (inclusions) and external flaws. Natural, flawless diamonds are extremely rare and expensive. Although for a 3 carat diamond, an SI1 clarity grade or better tends to present the ideal balance of look and value. In this scope of inclusions, the majority are invisible to naked eyes.
- Color: Diamonds are graded from D (colorless) to Z. The best and most luxurious color of diamonds considered to be D, others that belong in the lower end are heavily coated with yellow. A good color grade for a 3 carat diamond ring could be G or higher to ensure your stone remains white and sparkles. Most diamonds without color are considered preferable; but very slight distinctions in body color can be present depending on your price range and viewing conditions.
- Shape: Typical shapes (eg. White round brilliants tend to cost more per carat than fancy-shaped stones, e.g. emeralds or pears Japanese) This can occur because the cutting process to obtain a desired fancy shape, may cost more of the rough material.
An Affordable Substitute
Lab-grown diamonds are much cheaper than natural diamonds. They have identical physical and chemical characteristics as a natural mined diamond, but originate in the lab. Meanwhile, you can get a 3 carat lab-grown diamond ring for $7k to $11k with excellent cut, clarity and color whereas the natural equivalent would almost be five times that.
How to Budget for a 3 Carat Diamond Ring
Step 1: Set a Budget Determine your budget before starting searching for diamonds. Take other parts of the ring into consideration such as its setting metal (platinum or gold) and complexity in design. Other affecting factors can be the total price as well.
Investing in a 3 Carat Diamond Ring
Although based on an emotional purchase, 3 carat diamond rings have some resale value in the investment. This however, is heavily dependent upon the diamond in question and price trends within the market. Here’s what to consider:
Conclusion
Knowing which 3 carat diamond ring cost assists you to decide wisely. With a focus on the 4Cs, evaluation of lab-grown possibilities and just allotment setting- you too can find a ring that screams love and union; without screaming…send me to the poorhouse. The most important thing is finding a diamond worth your money, which remains in style and will become an heirloom to be cherished years from now.
