A 7 carats diamond ring is a demonstration of status symbol; it is a brand of its own bigger and bolder than the rest. Since people wish to own such a ring, it is important to find out what defines the price range of such a jewel. There are various basic aspects of the diamond that can affect the price and among them we have the quality, shape, certification and the brand of the jeweler. In this article, we’ll give you the detailed information about the 7 carats diamond ring price and to help you to make the right decision.

Things Which Determine the Price of 7 Carats Diamond Ring

Carat Weight 

A 7 carats diamond ring means that it’s made of 7 carats of diamond but this in no way dictates its price. Carat weight is the actual weight of the diamond: the heavier a diamond is; it is more valuable but other factors also influence the 7 carats diamond ring price. Due to the excellence and rarity of this piece of jewelry, even slight differences in weight beyond the 7 carats will cause a relatively steep hike in the price of the diamond ring.

Cut Quality

The cut of a diamond affects its sparkle and Fire as well The cut of a diamond affects its Fire and sparkle. A properly shaped diamond will bend the incoming light to provide the greatest return in light for the diamond to look even brighter. When it comes to a 7 carats diamond ring, the cut quality is even more important because the size of the stone requires the cut quality to stand out.

Color and Clarity

The color and clarity are two properties that define the value of the diamond. A 7 carats diamond ring that is colorless (graded D) will cost a lot more than a ring that has a yellow or brown undertones (graded K or lower). In the same way, their lesser inclusions or blemishes (higher clarity branded as VVS1 or IF) will greatly affect the 7 carats diamond ring price. An excellent, white, 7 carat diamond may cost a million or many while one that can easily be differentiated from the other may contain flaws and have a lower color grade.

Diamond Shape 

The shape of a diamond also affects the 7 carats diamond ring price. Round brilliant cut diamonds are the most sought and frequently the priciest but other shapes say oval, emerald or cushion may provide better cost per carat advantage. Can be bought up to 20% cheaper, non-round shaped can sometimes is a good chance to get a huge stone, but must be medium expensive.

Should You Buy a Lab-Grown 7 Carats Diamond Ring?

Another factor, which already started influencing 7 carats diamond ring price is the rise in demand with synthetic diamonds. Cultured diamonds are indistinguishable from natural diamonds at the molecular level and are much cheaper. If you have your heart set on a 7 carat diamond but cannot afford it, a lab-grown diamond could cost half as much, or even less. While a VVS natural 7 carats diamond ring may set you back about $500,000 a lab-grown one of the same quality may run for between $150,000 to $200,000.

Where to Buy a 7 Carats Diamond Ring

To determine the 7 carats diamond ring price, it is also determined by the location of the ring. Luxury brands like the Tiffany & Co., Cartier and Harry Winston, have specialized services and could rear their diamonds for a lifetime but the prices are astronomical because of brand value. On the other hand, buying diamonds from top online sellers such as Blue Nile or James Allen is much cheaper, and you get the most for your money.

Final Thoughts

Getting a 7 carats diamond ring is a major decision that comes with performance indicators that can only be met with attention to the quality, shape, and supplier of the ring. Specific features that mark the 7 carats diamond ring price contains the following: As it relates to the center stone, high class cost way over the mid-range. When choosing the natural diamond or lab created diamond, select the one that is accredited in order to make sure of their worth and quality.