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CHART 1 (click to enlarge)



  Does size really matter? You bet it does!

Gemewizard team
March 14, 2012


Any member of the diamond industry knows that the average price per carat of a one-carat diamond is more than average price per carat of a half-carat diamond with the same color and quality. But with fancy colored diamonds, as the color grade changes, is the rate of the price increase similar?

In last month's Color Price Trends Monitor, we looked at price variations between fancy color grades. This month we decided to expand the study and analyze the relative price increases of fancy colored diamonds of different color grades at critical weight points.

We scanned our database to retrieve an average price per carat for yellow colored diamonds in different color grades and weights. Average price per carats were calculated for fancy color grades (Fancy Light, Fancy, Fancy Intense and Fancy Vivid), according to three weight groups (0.50-0.99 carats, 1.00-1.99 carats and 2.00-4.99 carats). The base price, which was set as 100%, was the average price per carat for each fancy color grade in the 0.50-0.99-carat weight group.

What we discovered is that while size counts across the board, it counts even more in the two higher fancy grades, namely Fancy Intense and Fancy Vivid. The results are illustrated in CHART 1.

As the size increased, the rise in the average price per carat in Fancy Light and Fancy grades were similar, with increases of about 24% for the 1.00-1.99-carat groups and 110% for the 2.00-4.99 carat-groups. But with Fancy Intense colored diamonds the respective increases were 40% and 141% and with Fancy Vivid they were 45% and 174%.

These numbers reinforce our findings from last month, suggesting that the increase in prices tends to be higher in the Fancy Intense and Fancy Vivid grades. Indeed in those two categories the size of the stone often acts a catalyst for an even more dramatic price difference.

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