If you are in the look out for a fabulous diamond you never considered that you already have a three carat diamond ring on your wishlist. It is an icon of ostentatious wealth and glamor but before making such a purchase you may be looking for an answer to the question: How much is a 3 carat diamond ring? Surprisingly the combined total can be much more or much less that for a 3 carat diamond ring depending on a few fundamental principles. Now let us have some specific insight into these factors so that you can form a clear vision on what to expect when you are buying such a ring.
Elements Affecting a 3 Carat Diamond Ring’s Cost
We wish to spend this article discussing the foundations of answering queries such as “how much is a 3 carat diamond ring” in light of this. Among them are:
The Four Cs
A 3 carat diamond ring’s cost is greatly influenced by the following four factors: The four main characteristics of a diamond are its carat, cut, color, and clarity.
- Carat: Carat weight is not a consideration provided you are to get a 3 carat diamond as per your requirement. But what is so fascinating, having raised the carat weight of the diamond, the price per carat goes beyond the roof.
- Cut: Recycled diamond’s shape can in fact influence how bright or ‘brilliant’ the diamond is. The consequence is that a well cut 3 carat diamond will be regarded as more beautiful than a less well cut one and will, therefore, cost more. On the other hand, a diamond that has been poorly cut looks not so expensive that you can own it but does not shine as the other bright one does.
- Color: In the case of diamonds, color also influences the overall price of a diamond; the nearer it gets to being transparent the pricier it will be. To this end a 3 carat diamond of high color grade will cost more than one that has distinct color tones.
- Clarity: Clarity means how clean diamonds are from internal flaws or external character etchings. A 3 carat diamond with a clarity of FL or IF will cost more than the diamond with clarity of SI or I.
Diamond Shape
That is; the shape and size of the diamond can cause a difference in the price. Round shape has the highest price because, during cutting and polishing, more than a half of the carbon is chucked out. Oval, pear or cushion cut diamond might be cheaper than round if considering obtaining a 3 carat diamond ring.
Setting and Metal Type
The kind of ring setting and the kind of metal to be used on the ring can also affect the total price. Awarding your jewelry setting with platinum will cost more than doing it with gold and adding details or custom design work to the piece will cost more. The cost of the setting should also be included in your questions such as “how much is a 3 carat diamond ring”.
Price Range for a 3 Carat Diamond Ring
This brings about the next question, how much is a 3 carat diamond ring? For an average, budgeting $3000 to $12000 should enable you to purchase a quality 3 carat diamond ring. This has an explanation in the points made above, namely, the cut, color and clarity of the particular diamond. For example, the 3 carat diamond of lower quality may cost as little as $ 20,000 but it will have various defects in color, visibility, and cut that significantly affect the stone.
For instance, a 3 carat diamond, which is cut to an excellent standard in addition to being very clear (D color) and internally flawless (IF clarity) may cost over $100,000. On the other hand, if there is interest in a piece of diamond with low color and clarity then a three carat diamond ring could cost between 30,000 to 50,000 dollars.
Web or Store: Which Shall We Shop?
One more thing you need to take into consideration is the source of purchasing that is either an online shop or a physical store. Services such as are cheaper to operate than stores since they don’t have the usual expenses incurred by physical stores. You will also gain a great opportunity to choose among a greater number of offers, so that the price comparison will also be possible.
However, purchasing a 3 carat diamond ring at a jewelry store where a ring is bought to be used allows for this physical inspection before the purchase is made. Many people like this kind of thing or would go out of their way to get something like this especially as it is as dear to them as this.
Conclusion
Well then, how much is a 3 carat diamond ring? It depends on the type of diamond, the shape, and the design of the ring you shall have gone for. DepDepending on those factors, a beautiful 3 carat diamond ring will cost from $30 000 to $120 000. This means that for instance if you do not need something like that perfect diamond ring you do not look for the best diamond that aligns to all the parameters in regards to the 4C’s, shape and setting amongst others.