Diamonds have always been regarded as women’s best companion, but when the deal involves a 5 carat oval diamond ring, things get a little serious. What makes these diamonds so special? Thus, the following question arises, How much should consumers expect to pay for CO2 reductions? And what factors do affect them? Yes, all these questions and many more will be addressed in this all encompassing guide, to help ensure that you make the best decision possible when making a purchase.
The Basic Facts of 5 Carat Oval Diamonds
But I will be remiss in my duties to bring out information on correcting prices if I do not explain why the 5 carat oval diamond is superior to other diamonds. In essence, it can be seen that there are a total of four characteristics which are referred to as the four Cs and these are carat weight, cut, color and clarity of the car or the diamond.
Carat weight and its importance
A carat is an amount of weight utilized to measure diamonds. 1000 points equals 1 carat and 1 carat is equal to 200 milligrams. When you are among those who deal or handle a 5 carat diamond you are under the impression that the weight is about 1,000 milligrams or 1 gram. The carat weight influences the size of the diamond and thus the price of the same greatly.
The Oval Cut
One of the standards it is revered for is the oval cut that is known for its sophistication and fire. It takes the same form as a round diamond and has the impression of being longer and thus being larger than its counterparts of the same carat. This cut is also known to be a little more lenient to inclusions and other types of imperfections so it is preferred by people who are willing to sacrifice a little size for quality but not a lot.
Factors affecting the cost of 5 Carat Oval Diamond Ring
Various aspects influence the 5 carat oval diamond ring price. Knowing these can assist you to make a much-desired decision and possibly get the best out of your money.
1. Color and Clarity
The color in diamonds ranges from D, which is colorless to Z, which is light yellow. A white or colorless diamond (D-F) is the hardest to find and as such, costs more than diamonds in the other categories. An internal flaw always has a clarity factor; however, an external flaw can also have a clarity factor or it may not have any clarity at all. An error free diamond is scarce and therefore, is more expensive.
2. Cut Quality
Cutting of a diamond has an impact on how bright, or shining it is and how it will look like. A diamond that has been polished well to create secondary facets will produce light more desirably. The cut is particularly critical because oval diamonds require consideration whether to place the longest part near the culet or the crown.
3. Certification
Some diamonds have certificates from different organizations such as the Gemological Institute of America (GIA) and these diamonds are costlier. These certifications are important in as much as they ensure the quality and the authenticity of a diamond.
4. Market Conditions
Diamond prices without any doubt are a factor of market demand and supply similar to any other tradeable commodity. They include demand, stability of the economic system, and availability which are bound to influence the price.
Prices of 5 Carat Oval Diamond Rings
Hence, the cost of a 5 carat Oval diamond ring depends on the above-discussed factors, as follows. Alas, it is possible to heat to $250,000 and above or it can cost as low as $50,000.
Lowest Range ($50,000-$ 100,000)
For this price, you might be able to get diamonds with some inclusions, and slightly lower color (G-H). These diamonds shall still be beautiful but might not possess the make of the higher ranked stones as those with a higher price tag.
II Mid Range ($100, 000 – $200, 000)
In this range one should expect the stones to be of very good clarity (VVS1-VS2) and color D-F if not, then what is being purchased is something of lesser value.
Superior (200,000 and above)
Diamonds corresponding to this category are the best of the best. They will be dead transparent with a very, very high IF figure and almost no color at all (D). Such diamonds are usually scarce and are usually accompanied with the highest certification possible.
Locations to purchase a five carat oval diamond ring
It is also equally important to find the store that you are going to purchase your diamond ring from as it is to choose the diamond. Here are some top places to consider:
1. High-End Jewelry Stores
Some of the outlets include the likes of Tiffany and Co and Cartier where class quality is coupled with excellent service provision. That is why you part with more money and get the Brand and the guarantee of its quality.
2. Online Retailers
Places like Blue Nile & James Allen have got a large stock of diamonds at reasonable prices. They give enlarged pictures and certifications to assist you in making an optimal purchase.
3. Custom Jewelers
If you want to have a piece for yourself or a dear one that will not be available anywhere else, then you might want to go to a custom jewelry maker. They can assist you in getting the kind of ring that suits you due to the nature and type you want.
Conclusion
A 5 carat oval diamond ring is a stunning item that has to be viewed as a piece of jewelry that conveys the best of trends and high standards. If you are in the process of choosing an engagement ring, anniversary ring, just as investing, or just purchasing a fire, then it is vital to know why its price varies. From the carat weight it refers to right up to the certification process displayed, it does matter. Thus, spend your hours, days, and weeks and carefully select the diamond that you would really like to wear. Anyway, anything that has to do with diamonds is forever, at least that is what advertisement entails.
