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).
2.01 Carat Weight Princess Diamond Shown on a Hand
Carat weight doesn't always mean much until you see it in person - this page uses a hand as "context" for the apparent size of a 2.01 carat size diamond with a princess shape. The exact size of a 2.01 carat size princess shape diamond will vary depending on the depth of cut, but is usually in the ballpark of around 7.8 mm along one square edge.
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Don't stress if diamonds and the costs are getting you down - because the diamond will appear larger on her hand, you may not need to spend as much to get your desired effect.