Let’s start with the basics
Many people are confused about how diamonds are priced. The best explanation is that asking for the price of a diamond, is like asking for the price of a house. A real estate agent can’t quote you a price for a house without knowing its size, condition, location, etc. This process is the same one used when buying a diamond. A diamond’s rarity, and price depend on the interplay of all the 4Cs – cut, clarity, carat, and color.