Quick and Easy Buying Guide
Carat weight: 1 carat = 200 milligrams = 6.5 mm diameter. Doubling weight doesn't double diameter.
Diamond clarity: FL/IF/VVS/VS = super expensive, near perfect. SI = best value if you can check a photo for obvious inclusions (defects).
Color: D-G = colorless, expensive, only if you have money to burn. H-J = best value. Can go lower in gold metal settings than white metal.
Cut: Better cut ratings let more light into a diamond, making it sparkle more. Very important property, don't skimp here.
Set a budget and minimum cut (Premium). Go J color for gold and I/H for white metals. Go searching for SI1/SI2 clarity diamonds at James Allen. Pick a diamond with small/no inclusions. Choose a ring setting and buy it risk-free (60-day returns).
0.23 Carat Diamonds
A diamond with a weight of 0.23 carats is equivalent to a 23 point diamond. Carat weight is not the be all and end all of picking a diamond which looks as big as possible. The diamond's girdle thickness will also play a role in affecting what the diamond looks like.
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Professional critics are incapable of distinguishing and appreciating either diamonds in the rough or gold in bars. They are traders, and in literature know only the coins that are current. Their critical lab has scales and weights, but neither crucible or touchstone. Joseph Joubert .
If you're willing to try a few things to get a bargain, one thing you can try is searching for a diamond which has a strange carat weight, such as 0.96 carats. Often diamonds with these strange carat weights can be picked up for a bargain because they are not as sought-after even though they are practically the same size as the more popular 1.00 carat diamonds. Although it is not a problem for most people, it is possible for a diamond to be too large. This is much more likely to happen with women who have particularly petite hands.
There's a lot of hearsay on the internet about the average size of a diamond used in a typical diamond engagement ring - it's around half carat - but that of course doesn't give you any information about the typical clarity or colour of the diamond, and that in itself should tell you how useless that statistic is in isolation. A large diamond which has a huge crack down the middle, or alternatively a big yucky looking inclusion, is not a good look - it looks like someone has gone for size and sacrificed all the other desirable properties of the diamond. Clarity, for example, can be just as important in picking a diamond.
