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).
2.26 Carat Weight Princess Diamond Shown on a Hand
This page has a useful photo that gives you the apparent size of a 2.26 carat size princess shape stone, when viewed in place on the hand of a woman. When searching on the web for princess shape diamond sizes, you may pick up that the numbers will vary slightly - this is because the size (8.0 mm for this particular diamond) depends on things like cut as well.
Fingers can be all different sizes, which should factor in to your decision about what shape and size of diamond to get.
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If you're a male trying to calculate the right diamond size to buy for your other half, remember that the stonewill usually appear much larger on her smaller, more petite hands.