Raw Diamonds Value
Raw diamonds value change from one day to the next and it is important to understand the factors that are involved in working these values out. Before you can begin working out how much a raw diamond will be worth, you need to understand the mathematics behind it and this can be done by taking a course on the matter. There are many courses that you can take on gem evaluation, including the GIA course which will cost about $1230 to complete.
Factors that Affect Raw Diamonds Value
Understanding the mathematics behind the value of raw diamonds is not enough; you will also need to be aware of the fluctuations in factors that affect this value, including:
- The market value of diamonds
- The surface appearance of diamonds
- The weight of the stone
- The type of stone
The Market Raw Diamonds Value
The value of diamonds is constantly fluctuating and you need to be aware of real-time prices in order to evaluate the value of the gem in question. Experience in the diamond industry will help you to keep abreast of the information that can be used to assess the value and this means that a lot of your time will need to spent speaking to other professionals, analyzing precious stones and taking note of fluctuations in the market.
The Surface Appearance of Diamonds
The surface of diamonds changes, depending on where it is found and the type of diamond in question. If a diamond has been exposed to water (more commonly known as placer deposits), the stone with have a weathered appearance and this will affect its value. A glassy or mirrored surface is the most common and if you are able to see through the diamond, or reflect your image in the diamond, it will ultimately be worth more.
The Weight of the Diamond
The weight of the stone in carats will greatly affect its value and you will need specialized tools to be able to weigh your stones.
The type of Stone Affects Raw Diamonds Value
Raw diamonds are never found in perfect condition; in fact, they look almost nothing like the diamonds you find in stores since these stones have already been cut and polished. In nature, these stones are found in different shapes, including Octahedrons, Maccles, Cubes and Dodecahedrals.
Learning more about Raw Diamonds Value
Experience and knowledge are two of your most valuable tools when it comes to the diamond industry and if you are going to be evaluating diamonds and assessing their true value, you will need to make sure that you have gathered as much information about the subject as possible. The mathematics behind assessing raw diamond values is overwhelming and it will take some time and practice to be able to assess the value of diamonds easily and effectively. Once you do, however, you will be able to work in this industry a lot easier and make larger profits off of each of your deals, making the effort more than worth it at the end of the day.