So, you finally decided to buy yourself a timeless diamond ring?
Well, you are at the right place to start with!
Diamonds are priceless, they’re not just some glittering stone but a symbol of worth, art, and love too.
So, are you ready to dive into the extra brilliance of this precious stone and analyze how much a 7-carat diamond ring costs?
In this read, I’m going to walk you through the complete understanding of a diamond carat. Along with how its cost gets affected and what are some top-notch cut styles that can steal everyone’s thunder.
Understanding Diamond Carat
First, suppose you are asking, what is a carat even, let me start by explaining that. A carat is a denomination of weight that is employed to estimate the size of diamonds; one is equal to a milligram to two hundred.
They pointed out that among all the 4 Cs, the cost is much inclined with the weight. It is indicative of the size, the heavier the carats the rarer and therefore more expensive. Being a 7-carat diamond, it is relatively large, and it is among the rarest types, which are usually very expensive.
Cost of 7 Carat Diamond Rings
The cost of a 7 carat diamond ring can be affected by 3 pricing, the low, the mid, and the high range pricing. Let’s discuss it one by one:
Low-End Pricing
At the cheapest point, there could be 7-carat diamond rings that could be sold at slightly over $100,000. Though it may have lower color and clarity they provide good size and presence.
Mid-Range Pricing
The mid-range lies between costs of $200,000 to $ 500,000. These are normally of better color and clarity and their cuts are also of high quality to boost their brilliance.
High-End Pricing
7 carats of diamonds may go for a whopping $1 million. These are extremely limited with top color, clarity, and cut categories. They are the top-quality products, and they are commonly used in elegant jewelry.
Do You Know?
Diamonds are the hardest-known substance. (This is probably why they are so rare) It is basically 58 times harder than any other natural material.
Impact of Diamond Cut on Cost
The shape of a diamond determines its worth and certainly, the shape with the greatest influence on cost is the round brilliant.
Diamond cutting helps in maximizing light interaction by letting most of the light reflected from its surface. Selection of certain cuts like brilliant, princess or cushion may include high-end workmanship and would cost relatively higher in comparison to other cuts.
Hence, for a 7 carat diamond, the choice of a high-quality cut would mean that it shall reflect its size and quality in its brilliance.
Colour Standard and the Effect on Pricing
Of all the 4Cs, color grade particularly is considered the most influential when it comes to the pricing structure. The least colored diamonds or the ones where the hue is indiscernible to the naked eye are the most prized or the most expensive; they are given grades D, E, and F.
In this case, depending on the color grade where a higher number is better, the cost is lower. For instance, the cut of a 7-carat diamond in the D color range may be much more expensive than the G or the H.
Pricing and Its Relation with Clarity
Clarity is another important element, which has to be taken into consideration in this case. A 7-carat substance that is of FL or IF clarity is very rare and is, therefore, very expensive.
Therefore, with a decrease in the clarity grade, for example, VVS, VS, SI, the cost also drops lower. But any diamond with a clarity grade below this is still pleasing to the eye if its inclusions cannot be seen without the help of a magnifying glass.
Diamond Cut Styles for 7-Carat Rings
There are multiple diamond cut styles that give a radiant look to your ring. Here are some of them mentioned below:
Round
Round is by far the most popular and usually the costliest, especially owing to the brilliance cut and high demand.
Oval
Princess cuts are popular right now, but oval cuts are also distinct and will yield good light performance.
Emerald
Emerald cut diamonds give a polished and fine appearance due to the step- cut facets and bigger size of the stone when looked at from above.
Other Popular Shapes
pear, marquise, and cushion are also beautiful cuts for the 7 carat diamond with different designs and attractiveness.
Where to Purchase a 7-Carat Diamond Ring
When it comes to purchasing a 7 carats diamond ring cost, you have options: e-tailer and traditional store sellers of consumer products. E-commerce stores such as Blue Nile and James Allen are among the stores with huge stocks and affordable prices.
However, when purchasing it from a store people are able to see the diamond they are buying with their own eyes and be attended to personally. Most legitimate stores offering the products offer certification as well as return policies making it safe for a person to make the purchase.
Conclusion
Buying a 7-carat diamond ring is quite a decision that needs to be made on aspects like size, cut, color, clarity, and certification. Knowing these aspects ensures you make a proper choice and choose a ring that is beautiful to look at and also cheap.
If you’re planning to buy it for a special event or as an engagement ring, a 7-carat diamond ring will definitely not disappoint.
