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Understanding the Three Cs of Diamonds: A Comprehensive Exploration

Close-up of a diamond showing its brilliance and clarity
Close-up of a diamond showing its brilliance and clarity

Intro

Exploring the allure of diamonds often leads one to the culmination of three essential characteristics: Carat, Cut, and Clarity. Each C plays a pivotal role in assessing a diamond's overall quality and value. This journey into understanding these components is not just for seasoned collectors but also a guiding light for novices embarking on their gemstone adventure. Whether you're contemplating an engagement ring or simply fascinated by these gems, grasping the significance of the Three Cs is imperative for making informed choices.

Gemstone Overview

Definition and Origins

Diamonds are more than just sparkling adornments; they are formed deep within the Earth's mantle under extreme temperature and pressure. These precious stones consist primarily of carbon atoms arranged in a crystal structure, making them one of the hardest substances known to humanity. The origins of diamonds can be traced back over a billion years, emerging from volcanic eruptions that brought them closer to the surface, where they could be discovered by eager miners.

Historical Significance

Historically, diamonds have wielded immense power and significance across cultures. In ancient Indian civilization, diamonds were considered sacred and were used in various religious adorations. Fast forward to the European Renaissance, where they became symbols of status and power among royalty. The story of diamonds carries the weight of legend, from the storied Hope Diamond to the illustrious Koh-i-Noor. Today, they continue to represent love and commitment, particularly in the form of engagement rings.

Gemstone Properties

Hardness and Durability

Diamonds rank a perfect 10 on the Mohs scale, making them renowned for their exceptional hardness. This extraordinary durability means that diamonds resist scratching better than any other gemstone, making them an ideal choice for everyday wear, especially in rings. As such, their ability to withstand rough handling enhances their appeal among jewelry designers and collectors alike.

Color and Clarity

When it comes to color, diamonds exhibit a spectrum that goes beyond the selections of traditional white stones. Fancy colored diamonds, like deep blue or radiant pink, hold considerable value in the market. The clarity of a diamond refers to the absence of inclusions and blemishes. A clear diamond sparkles with a brilliance that is hard to rival.

"The finest diamonds captivate not just with their beauty but also with the intricate dance of light they perform."

Understanding how these properties interrelate can enhance one's appreciation of each stone's unique story and aesthetic. The journey through the Three Cs is not merely about numbers but about recognizing the artistry behind these precious creations. Armed with this knowledge, collectors and buyers can delve into the fascinating world of diamonds with more confidence and insight.

Prelims to the Three Cs

When it comes to diamonds, there’s an age-old mantra tattooed across the minds of enthusiasts: the Three Cs—Carat, Cut, and Clarity. These trifecta elements are not just jargon; they paint a vivid picture of what to look for when selecting that perfect stone. Grasping these concepts serves as the bedrock for both valuing and appreciating diamonds. It’s like knowing the notes before playing a symphony; understanding these components can transform a bewildering array of choices into an informed, confident decision-making process.

The Importance of Understanding Diamonds

Diving into the realm of diamonds without knowledge of the Three Cs is akin to fishing in a well-stocked pond blindfolded—overwhelming yet potentially rewarding if lucky. Here’s why understanding these three key aspects matters:

  • Informed Purchases: With a solid grasp on Carat, Cut, and Clarity, buyers can evaluate the worth and beauty of gems beyond just the price tags. An informed buyer can discern between a diamond that's merely flashy and one that radiates true quality.
  • Tailored Selection: Every individual's taste differs. Some may prefer larger stones, while others might cherish intricate cuts. Knowing the Three Cs allows buyers to align their preferences with their selections, leading to a more tailored experience.
  • Resale Value: For investors, understanding these attributes isn’t just about beauty; it’s about investment integrity. The right combination of Cs might yield a far better return on future sales, preserving the value of that precious investment.
  • Avoiding Pitfalls: The diamond marketplace can be fraught with pitfalls and misleading representations. An understanding of the Three Cs equips buyers with the necessary tools to navigate these murky waters and avoid common traps.

Understanding diamonds through the lenses of the Three Cs enriches the buying experience and fosters a deeper appreciation for these exquisite gems. This knowledge unlocks doors to a world where beauty and value meet, making one feel empowered rather than vulnerable in the face of a complex market. Whether you're a seasoned collector, a budding jewelry designer, or simply yearning for the beauty of diamonds, the insights garnered from the Three Cs will undoubtedly enhance your engagement with this captivating world.

Defining Carat Weight

Carat weight holds a place of prominence in the diamond-buying process, serving as a primary indicator for value and size. Beyond mere measurement, carat weight intricately connects with how a diamond will be perceived, making its understanding essential for anyone navigating the diamond market. Buyers often find themselves fixated on carat weight, perhaps because it's a straightforward number that represents the tangible aspect of a diamond—it’s literally its weight in carats. However, this observation, while valid, is just the tip of the iceberg in grasping the complexities behind this critical assessment.

What is Carat Weight?

To put it simply, carat weight measures a diamond's size and weight, where one carat equals 200 milligrams. The term "carat" actually stems from the carob seeds that were used in ancient trading, and it illustrates the historical roots of this metric in the diamond industry. Yet, just knowing about the carat is not enough; the physical dimensions, such as the width and depth of the stone, further dictate how a diamond looks. It's not just about heft; it's about how that weight translates into appearance.

How Carat Weight Affects Value

The relationship between carat weight and value is often viewed through a linear lens—larger diamonds must cost more, right? Well, yes and no. Fundamentally, carat weight directly influences price, but the increase isn’t incremental. Whenever you move to a higher carat weight, the price jumps significantly, mirroring the rarity of larger gemstones. For instance, a one-carat diamond may be priced less than twice as much as a half-carat stone, but a two-carat diamond could cost dramatically more than two one-carat stones combined. The value of a diamond isn’t solely bound to its carat weight; there are other factors in play, including clarity and cut, that can steeply elevate or decrease pricing.

Common Misconceptions About Carat

Many buyers trip over misconceptions that surround carat weight and its implications for a diamond's beauty. One frequent myth suggests that a larger carat weight equates to a more beautiful diamond. In reality, a diamond's allure hinges on its cut and clarity as much as its weight. A poorly cut, larger diamond might look lackluster compared to a well-cut smaller one.

Comparison of different diamond cuts displaying their unique shapes
Comparison of different diamond cuts displaying their unique shapes

Here are a few common errors that many fall prey to regarding carat:

  • Bigger is always better: This is subjective and varies between personal preference and the intended use of the diamond.
  • Carat weight defines rarity: While larger diamonds are rarer, beauty is not solely determined by size.
  • All carats are equal: The distribution of weight affects appearance; two diamonds of the same weight can look very different because of their cut and depth.

"Understanding carat weight is not simply about size; it’s about context within the three Cs and the story a diamond tells through its craftsmanship."

In summary, comprehending carat weight serves as a stepping stone in the journey of buying diamonds. Ultimately, it's about finding that elusive balance between personal admiration and the investment value, all while keeping informed about the multifaceted world of gemstones.

Exploring the Art of Cut

The cut of a diamond is perhaps one of the most crucial aspects in determining its overall aesthetic appeal and market value. While carat weight speaks to the size and clarity involves the blemishes or inner imperfections, the cut reveals how well the stone interacts with light. A masterfully crafted diamond can exhibit extraordinary brilliance, refracting light to create a sparkling display that captures attention. A poor cut, on the other hand, can render even the most expensive diamonds dull and lifeless. As such, understanding the nuances of cut quality is essential for anyone looking to make an informed decision in the jewelry space.

Understanding Cut Quality

When we talk about cut quality, we aren’t limited to the shape or style of the diamond; rather, it encompasses many elements including proportions, symmetry, and polish. These technical factors work in harmony to ensure that the diamond reflects and disperses light effectively. A well-cut diamond should create a striking balance between light and shadow, captivating viewers with its radiance. This harmony allows for what many call the diamond's "fire," which is the colorful light emitted as it reflects and refracts through multiple facets—making cut quality the star of the show.

Types of Diamond Cuts

Diamonds come in various cuts, each with unique characteristics and advantages. Here are the most recognized types:

Round Brilliant Cut

The Round Brilliant Cut is like the gold standard of diamond cuts. Known for its timeless allure, this shape has 58 facets that maximize its ability to sparkle and shine. The round shape reflects light brilliantly, making it particularly desirable in engagement rings. One reason it’s so widely preferred is its versatility; it complements any style and setting. However, the sheer popularity also means that prices can be higher due to demand. It’s a steadfast choice if you wish to secure a look that's always in vogue, yet sometimes, finding unique designs can be a challenge.

Princess Cut

Ranking right after the Round in terms of popularity, the Princess Cut is known for its contemporary appeal and crisp, clean lines. It typically contains up to 76 facets, providing a brilliant sparkle similar to its round counterpart. This cut is favored for its striking look and ability to offer good value for size, given its square shape tends to retain more of the rough stone compared to round cuts. On the downside, this cut can be slightly more prone to chipping at the corners, hence, requires careful handling.

Emerald Cut

Known for its elegance, the Emerald Cut stands out due to its long, rectangular facets and step-cut design. The unique arrangement of its facets allows for clarity to take center stage, revealing the stone’s color more distinctly than other cuts. Its vintage flair adds to its charm, making it popular among those looking for something different. However, because this cut does not reflect light as dynamically as others, it might not offer the same level of sparkle, appealing more to those who appreciate a clear, sophisticated look.

Other Specialized Cuts

There are several other specialized cuts that cater to niche audiences, such as the Asscher, Oval, and Heart cuts, each with its distinct personality. These cuts can be a breath of fresh air for buyers looking for something outside the mainstream selections. While they can provide unique visual intrigue, it's essential to ensure they also meet your criteria on factors like brilliance and value retention. Even though these cuts can be stunning, they might not hold their value as well as the more traditional shapes, which is something to keep in mind while weighing each option.

Impact of Cut on Brilliance

The brilliance of a diamond is directly tied to how well it is cut. In essence, a well-executed cut will make the diamond dance with light, while a poorly done one can lead to a lackluster display. The crucial elements of cut quality—such as symmetry, proportions, and polish—play a significant role in this reflection of light. Therefore, investing in a well-cut diamond not only ensures a visually appealing purchase, but it also increases its longevity and potential for future value appreciation.

Key Takeaway: To truly appreciate a diamond, one must delve into the intricacies of its cut. As this section illustrates, each type of cut offers something special, demanding careful thought and consideration based on your personal style and investment goals.

Diving into Clarity

In the intricate world of diamonds, clarity is a crucial element that distinguishes one stone from another. Assessing clarity involves delving into the presence of internal or external flaws, known as inclusions and blemishes, respectively. The understanding of clarity helps both buyers and enthusiasts appreciate the nuances of diamonds that can significantly affect their appearance and value. By grasping the fundamentals of clarity, one can make an informed decision when selecting a diamond, ensuring it aligns with personal desires and budget considerations. A clear diamond can often be perceived as a symbol of purity, adding to the allure of the stone.

What is Clarity?

Clarity pertains to the absence of inclusions and blemishes in a diamond. Inclusions are flaws found within the stone, while blemishes are external imperfections on the surface. These imperfections can range from microscopic to visible to the naked eye.

Understanding clarity is essential not just for its aesthetic contribution, but also for its pricing implications. Diamonds that are nearly flawless tend to command a high price, while those that exhibit clear inclusions may be more budget-friendly. This clarity isn’t just a matter of looks; it also affects the overall brilliance of the diamond, impacting how it plays with light.

Clarity Grading Scale

The clarity of diamonds is graded on a scale established by the Gemological Institute of America (GIA). This scale includes several categories:

  • Flawless (FL): No inclusions or blemishes visible under 10x magnification.
  • Internally Flawless (IF): No inclusions visible under 10x, only surface blemishes.
  • Very Very Slightly Included (VVS1 and VVS2): Minute inclusions that are difficult to detect under 10x.
  • Very Slightly Included (VS1 and VS2): Minor inclusions visible under 10x magnification.
  • Slightly Included (SI1 and SI2): Inclusions visible to the naked eye depending on the location and size, but do not significantly affect brilliance.
  • Included (I1, I2, and I3): Inclusions visible to the naked eye that may affect the diamond's durability and brilliance.
A scale measuring carat weight alongside diamonds of various sizes
A scale measuring carat weight alongside diamonds of various sizes

Here's a quick reference for clarity grading:

  1. Flawless (FL)
  2. Internally Flawless (IF)
  3. Very Very Slightly Included (VVS1, VVS2)
  4. Very Slightly Included (VS1, VS2)
  5. Slightly Included (SI1, SI2)
  6. Included (I1, I2, I3)

Understanding these categories assists buyers in comprehending what they’re investing in. It’s vital to note that a lower grade doesn’t equate to an unattractive diamond; rather, it provides various options to fit different tastes and budgets.

The Effect of Clarity on Appearance

Clarity has a direct influence on how a diamond appears to the observer. A higher clarity grade often enhances the stone’s brilliance and fire—that dazzling interplay of light that draws attention. Conversely, lower clarity can detract from a diamond’s overall aesthetic appeal, as visible inclusions or blemishes may interfere with light entering and exiting the gem.

However, the placement and type of inclusions also come into play here. A diamond with a slight inclusion that is positioned in a way that does not draw the eye might still sparkle beautifully. Some enthusiasts even prefer the character that inclusions can bring, seeing them as marks of the diamond's uniqueness.

Moreover, clarity does not solely dictate beauty. The color and cut of a diamond also intertwine to paint a complete picture of its overall appeal. A well-cut diamond with slightly lower clarity can often outshine a higher clarity stone that lacks a good cut.

"A diamond’s clarity can open the door to a world of understanding—showing us what lies beneath the surface."

The Interrelationship of the Three Cs

Understanding the interconnectedness of Carat, Cut, and Clarity is crucial for anyone looking to navigate the complex world of diamonds. These three elements don't merely coexist; they influence one another, creating a dynamic effect on a diamond's overall quality and market value. When considering a purchase, it's not just about one characteristic in isolation; appreciating how they interact can lead to more informed choices. For instance, a larger carat weight might seem appealing, but if the cut is poor, that stone might lack the brilliance expected of a diamond. Conversely, a well-cut diamond may look more striking at a lower carat weight compared to a heavier stone that does not radiate the same allure.

How Carat, Cut, and Clarity Influence Each Other

When it comes to the Three Cs, their interplay is as nuanced as a well-composed symphony. Each element has its own unique role, and together they create the exquisite performance that is a diamond's beauty and value.

1. Carat and Cut:
A diamond’s carat weight impacts its cut quality directly. A heavier diamond requires more precision and skill to bring out its best characteristics. If the cut is poorly executed due to the size, it can lead to less scintillation, making it appear dull. In contrast, prioritizing cut may invite a trade-off in size, but this can result in a diamond that dazzles beyond expectations.

2. Cut and Clarity:
The clarity of a diamond affects how its cut is perceived. A diamond with numerous inclusions might look less appealing, even with an excellent cut. Buyers may not appreciate the cut’s perfection if they notice these imperfections. Conversely, a high-clarity diamond benefits immensely from a skilled cut, as the stone reflects light more efficiently, enhancing its brilliance.

3. Carat and Clarity:
With increasing carat weight often comes a compromise in clarity. The larger a diamond is, the more likely it is to have inclusions or blemishes due to the mining process. Thus, buyers typically weigh their preferences carefully—should one prioritize size, or is a flawless diamond more appealing? This decision comes down to personal values and aesthetics.

Understanding these intricate relationships empowers buyers to make educated choices. Whether one prefers a stunning round brilliant cut that catches the light beautifully or a striking emerald cut that showcases a diamond’s clarity, knowing how the Three Cs interact helps demystify the onyx-like world of diamonds.

"In the realm of diamonds, understanding how Carat, Cut, and Clarity influence one another is akin to a chess game—you can’t win unless you see the board as a whole."

By delving into the layers of these relationships, gem enthusiasts, collectors, and designers can refine their approach, ensuring their selections are both aesthetically pleasing and a sound investment. Recognizing that no single aspect stands alone brings clarity to the purchasing process.

Impact on Pricing and Value

Understanding how diamonds are priced can feel like navigating a maze. What makes one diamond worth more than another? The answer lies in several factors that impact both the intrinsic value of the stone and its market price. The Three Cs—Carat, Cut, and Clarity—are critical, but the interplay of these aspects against broader market dynamics adds layers of complexity. Diamond buyers must grasp these market forces to make astute purchases.

Several elements shape the pricing landscape:

  1. Supply and Demand: Like most goods, the market for diamonds fluctuates based on buyer interest versus availability. When demand outstrips supply, prices can spike even for diamonds of lower quality.
  2. Market Trends: Styles and preferences evolve, and what was once in vogue may fall out of favor. Certain cuts, sizes, or colors gain popularity in bursts. For instance, the resurgence of vintage or unique cuts could drive up their prices dramatically.
  3. Global Economics: Economic conditions play a significant role in diamond prices. During economic booms, consumers feel more comfortable splurging on luxury items. Conversely, during downturns, discretionary spending shrinks.
  4. Retail Markup: When you buy a diamond from a jeweler, you're not just paying for the stone itself. There's the added cost of craftsmanship, brand reputation, and the retailer's expenses. Therefore, prices can vary wildly between retailers, even for similar diamonds.

Being savvy about these aspects means buyers can make better choices and pursue diamonds that align with their budgets and desires. This knowledge forms a solid foundation upon which informed decisions can be built.

"Knowledge is power, especially in the glittering world of diamonds where every detail can tip the scale of value."

Market Factors Affecting Diamond Prices

Market conditions bear a significant influence on diamond pricing. Understanding these conditions isn't just for financial analysts; it’s crucial for anyone contemplating a purchase. For instance:

  • Economic Cycles: Economic prosperity often leads to increased spending on luxury items, including diamonds. Conversely, recession can dampen demand and lower prices.
  • Geopolitical Issues: Political stability in diamond-producing regions influences prices, as conflicts can disrupt production and distribution.
  • Consumer Trends: Changing consumer preferences can alter demand drastically. For instance, an increasing interest in ethically mined diamonds might shift focus and prices in that direction.

Navigating these market factors requires keen awareness and a finger on the industry’s pulse. Without this, buyers could miss out on good opportunities or overpay for a diamond.

The Role of Rarity in Value Assessment

A visually appealing layout of diamonds showcasing their beauty and characteristics
A visually appealing layout of diamonds showcasing their beauty and characteristics

Rarity is a compelling aspect when assessing a diamond’s value. Not all diamonds are created equal, and those that possess unique qualities often command higher prices. Here’s how rarity plays a role:

  • Unique Characteristics: Diamonds with unusual colors, such as pink or blue, are significantly rarer than conventional white diamonds, making them vastly more valuable.
  • Historical Significance: Diamonds tied to significant events or notable figures can carry substantial premiums due to their backstories.
  • Limited Availability: If a particular type of diamond is no longer being mined or if production rates have slowed, those remaining in circulation can see their value soar due to scarcity.

In summary, rarity mingles with market factors to inform value. A deeper understanding of how these aspects interlace can empower buyers, guiding them toward diamonds that not only match their preferences but are also sound investments.

Practical Considerations for Buyers

When it comes to buying diamonds, understanding the intricacies of the Three Cs is only half the battle. The real challenge lies in practical considerations that can make or break your purchasing experience. These factors not only help ensure a wise investment but also aid in finding the perfect piece that aligns with personal tastes and budget.

First, it’s crucial to assess your priorities in diamond selection. Each buyer may have different aspects of diamond quality that they value the most, whether it’s the size of the carat, the precision of the cut, or the clarity of the stone. Asking yourself some critical questions can help narrow down what matters most. For instance, do you prefer a larger diamond with minor inclusions or a smaller one that is flawless? This sets the tone for your entire buying decision and helps streamline your search.

Another important consideration is your budget. Diamonds can vary drastically in price based on the Three Cs alongside other factors like market fluctuations and rarity. Establishing clear financial parameters from the outset prevents you from getting swept up during sales pitches that may steer you away from your original intent. Being clear about your max budget can also foster negotiations while ensuring you get the best bang for your buck.

Moreover, understanding the seller is essential. Not all jewelers are created equal. Some may inflate prices for reasons that hinge on branding rather than quality. Researching reputable jewelers and verifying their credentials, certifications, and policies regarding returns is wise. You may want to consult online reviews or forums—like on Reddit and community pages on Facebook—to gain insights from previous buyers.

Avoiding common pitfalls during the purchasing process is another focal point. Many buyers, especially first-timers, make the mistake of falling for attractive marketing or store displays that can obscure the true quality of a diamond. Ensuring you have certified grading reports from institutions like GIA or AGS can help protect you from overpaying for a subpar product.

Also, consider the jewelry setting and how much it contributes to the overall appearance. Sometimes a more modest diamond can shine in a well-crafted setting, making it appear significantly larger and more impressive.

Knowing your practical priorities and being aware of common pitfalls can make your diamond-buying journey less daunting. It’s about finding what resonates with you personally while also ensuring it’s financially sound.

"A wise buyer knows not just the value of the diamond, but also what suits their taste and needs."

In summary, the practical considerations for buying diamonds revolve around prioritizing what matters, setting clear budgets, choosing reputable sellers, and being aware of potential traps in the purchasing process. Equip yourself with this knowledge, and you stand to make an informed decision that you won't regret.

Assessing Your Priorities in Diamond Selection

When entering the diamond market, the first course of action should be to assess your priorities. This includes pinpointing what aspects of the diamond mean the most to you. Here are some elements to ponder:

  • Visual Preference: Do you have a particular cut or style that has caught your attention? Some individuals cherish the sparkle of a round cut, while others might lean toward the elegance of a princess cut or the vintage charm of an emerald cut.
  • Symbolism: If you are selecting a diamond for a momentous occasion like an engagement, consider what the diamond represents to you. This might push you towards a more brilliant cut or a carat size that feels special to you or your partner.
  • Lifestyle Considerations: How will this diamond be worn? For daily wear, a more durable diamond with good clarity is sometimes advisable. On the other hand, if it’s purely for occasional wear, you may prioritize aesthetic qualities more.

In the end, knowing what you want can help you become a more focused and confident buyer.

Avoiding Common Pitfalls in Purchases

Dealing with diamonds can be overwhelming, especially for first-timers. Here are common pitfalls that one can easily avoid:

  • Skimping on Certification: Always demand certifications for your diamonds. Without it, you may miss out on crucial details about the stone's quality.
  • Focusing Solely on Carat: Many believe that more carats always equal a better diamond. This fallacy can lead buyers to overlook cut and clarity.
  • Neglecting to Compare: Don’t settle on the first diamond you see. Jump around a bit, look everywhere to understand prices and get a feel for what’s available.
  • Infrequent Buyer Pressure: Once you decide to buy, resist pressure from salespeople. They may push you towards a purchase that is advantageous for them, not for you.

Each of these considerations can steer buyers toward making well-informed choices and help them avoid buyer’s remorse.

Ending: Navigating the World of Diamonds

In wrapping up our exploration of the Three Cs—carat, cut, and clarity—it becomes crystal clear how vital these elements are in evaluating diamonds. Just like a well-written story has its plot and character development, the quality and value of diamonds have their nuances rooted in these three facets. As a potential buyer or simply a diamond enthusiast, understanding these characteristics can make or break your experience.

We’ve journeyed through the complex landscape of diamond assessment, where the right balance between carat weight and cut quality can create a dazzling piece that catches the eye. Furthermore, clarity plays a crucial role in determining not only the diamond’s visual appeal but also its overall worth.

Understanding these relationships is important because:

  • Informed Decisions: You’re better equipped to make smart purchases, avoiding overpriced stones that don’t meet your expectations.
  • Value Retention: A diamond well-understood in its three Cs usually retains its value more effectively over time. This insight can be particularly valuable if you ever decide to sell your piece.
  • Personal Satisfaction: Knowing the specifics of what you're buying enhances your appreciation for the stone, leading to a more meaningful ownership experience.

When navigating the world of diamonds, one should keep in mind to avoid falling for the marketing gimmicks that often blindside the untrained eye. Seek out reputable dealers and understand the certifications. A diamond's true beauty lies not just in its outward presentation but in the intricacies that give it character and value.

"Diamonds are not just about sparkle; they are stories waiting to be told."

Embrace the knowledge of the Three Cs, as they are your compass in this dazzling journey. Understanding these aspects will guide you toward selections that resonate with both your aesthetic desires and your budget.

Recapping the Significance of the Three Cs

The Three Cs serve as a foundational roadmap for anyone interested in diamonds, whether for personal acquisition, investment, or just a deep fascination with gemstones.

  • Carat: This is the weight of the diamond, which often drives initial interest, but a higher carat does not always mean superior quality.
  • Cut: This aspect reflects how well the diamond has been shaped and polished. The cut fine-tunes the gem’s interactions with light, making it either shine stunningly or appear lackluster.
  • Clarity: The fewer the inclusions or blemishes, the more valuable the gem is. Clarity can mean the difference between an average diamond and one that commands a higher price.
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