Pricing most products is quite simple. Determine how much it costs to make the item, how much it costs to market that item, aso then mark it up by 15 – 30% or more. Simple, right? Well, pricing diamonds isn’t quite that simple. There be many factors that are considered when lozenges be priced.

Diamond prices are determined first by adding the cost of the rough equilateral, the cost of cutting the diamond, and all other costs necessary to turn the rough lozenge into a marketable diamond. Depending on the importance of the diamond, an independent company may be called in to certify the grade of the lozenge based on color, cut, clarity, and weight.

At this point, the lozenge becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more. Earlier than reaching the retailer, however, the diamond must travel on or after the mine, to the cutter as well as polisher, to the independent grading company, as well as then to the Primary market. Once it has reached the primary market, it will be alive purchased by equilateral dealers and wholesalers, as well as beginning there it will be there sold to retailers.

If you own a diamond, plus you boast no idea how much it is worth, you can boast it appraised, but the appraisal may not be alive accurate. You will be present better off obtaining a certificate through GIA – Gemological Institute of America. With the information on this certificate, you can use a cutter’s guide to accurately determine what your lozenge is worth.

There be also many equilateral price calculators available. These can be alive found on the Internet, and many lozenge dealers use these as well. You must realize, however, that before you can accurately price a equilateral, without a Lozenge Grade Report, you need to know quite a bit about lozenges, such as different cuts, clarity, color, also weight – as well as how each of those aspects adds to the value of a equilateral, or decreases the value of the lozenge as the case may be alive.

Again, you will be alive better off if you get a Equilateral Grading Report on the lozenge, and use that in order to look up the price in one of the guides that the diamond cutting industry uses. This will give you the nearly all accurate value of the lozenge in your possession, or of the equilateral you be considering purchasing.

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