Like many other people, you might be thinking about investing in diamonds, but you’re not familiar with these gemstones and don’t know where to begin. The best thing to do is start small, with a 1/3 carat diamond, for instance, and learn as much as you can about the gems before you make any financial commitment.
How much is 1/3 carat diamond worth?
A 1/3 carat diamond can cost between $600 and $800, depending on the specs.
However, according to the experts, the quality of a 1/3 carat diamond (less than 33 points) is not an issue, which is surprising since this size diamond is the average size used in engagement rings!
One-third carat diamonds are so small visually that the inside of the gem doesn’t have an impact on its beauty since it cannot be clearly seen with the naked eye. If the gemstone has flaws, they will only be seen by looking for them through a microscope or jeweler’s loupe.
In other words, clarity is not an issue, which is why the smaller stones are used in many engagement rings and most pendants and earrings, which is good since it keeps the prices affordable!
The same applies to the color of 1/3 carat diamonds. The smaller the diamond, the less its color is noticeable.
The cut of a 1/3 carat diamond is not an issue either because they have fewer facets on them than other larger diamonds.
The bottom line is that unless a 1/3 carat diamond is extra cloudy or has huge black carbon spots inside it, it will look just as beautiful, have plenty of sparkles, and save you plenty of money.
What does “1/3” carat diamond mean?
The carat weight of a diamond is extremely important. You might come across words like “size” and “points” as you browse diamonds, which are closely related to the carats of a diamond. As mentioned above, a 1/3 carat diamond is less than 33 points. However, what about its size?
“Carat” is a weight unit used for diamonds and other precious gemstones.
Many years ago, other methods were used to measure the carat weight of a diamond, which resulted in the carats of different countries differing and causing much confusion.
In 1973, the weight of a carat was standardized, and these days, each carat is equal to 200 milligrams or 0.2 grams. So, in the jewelry industry, 0.33333 carats weigh 6.6666 e-5 kilograms.
What is the price of a 1/3 carat diamond ring?
A ring made from 14k yellow gold set with a 1/3 carat diamond with minimal color and clarity, created naturally and not treated in any way, will cost around $680.00.
With the enormous variety of diamond rings set with a 1/3 carat stone available, it can be quite overwhelming when it comes to choosing the right one for the love of your life. Following is some information regarding a ring set with a 1/3 carat, round-cut diamond which should be a good indication of the price of 1/3 carat diamond rings.
Will my engagement ring be worth more if I have it set with several 1/3 carat diamonds?
Two factors are taken into consideration when diamonds are sold as jewelry, the first being the setting.
With most diamond rings, the settings are created to make the center stone appear much larger than it is.
The second factor is the total carat weight of the gems used in the ring. This refers to the total weight of all the diamonds used in the ring. The large, central diamond is more valuable than the smaller diamonds surrounding it that add up to the total weight of carats, referred to as CTW.
Is buying 1/3 carat diamonds a worthwhile investment?
The fact that they last forever, are always in demand, and have high intrinsic value makes the idea of investing in diamonds extremely attractive — on paper!
They are small, portable, and easy to store, and in addition, their value appreciates over the years, just like most other precious metals and gems.
However, diamonds, in reality, are quite risky investments, primarily because they come in inconvenient packages. Gold, for instance, is valued globally by weight, whereas there is no worldwide price per gram for diamonds.
Since no two diamonds are the same, they must be valued individually, on their own merits, which is normally subjective. This makes it extremely difficult for first-time buyers.
Despite this, there are still many people who are investing in diamonds, even more so now that traditional investment opportunities aren’t working out as well as they should be. Failing markets and low interest rates make diamond investment incredibly appealing as an addition to a diverse portfolio.
The thing to do if you want to make sure that you are investing in a diamond that will give you a good return is to speak to a reliable, reputable jeweler. A good jeweler would never prompt you to buy a diamond as an investment, without first making you aware of the potential pitfalls and risks involved.
How can I tell if my 1/3 carat diamond is real or fake?
Diamonds are rare, precious gemstones that can be incredibly expensive, so buying one could take a heavy portion of your hard-earned money. The last thing you want is for your 1/3 carat diamond investment to be one of the worst decisions you’ve made in your life!
There are many ways to test if a diamond is real or fake, such as the following considerations.
- Scratching: Scratch on glass with your diamond. A real diamond will leave a scratch. If there is no scratch, your diamond is fake.
- Fogging: This is a quick, uncomplicated way to test the authenticity of your diamond. If you breathe on your diamond and it fogs up, it’s the real thing. If not, then it is fake.
- The Water Test: Drop your diamond into a glass of water. If it sinks to the bottom, it’s real, but if it floats on top of the water, it’s fake.
In Conclusion
It is essential, whether you are investing in a single 1/3 carat diamond or are choosing a stunning engagement ring for the love of your life, to make sure that your investment is the real thing.
After all, this first 1/3 carat diamond you buy could lead to more and bigger diamond investments in the future!
