Cheat codes: How to get a 1 carat diamond for less than $5000

If you’ve shopped around at the local jewelry stores you’ll know that it is virtually impossible to find a good looking 1 carat diamond for less than $5000. When you include $500 to $1200 for the gold or platinum ring you certainly can’t get a 1 carat diamond ring for $5000. This is why so many people are surprised that this is actually possible when they start looking online for their diamond.

Sometimes you can find a very good deal on a 1 carat diamond it is a fancy cut. This is any shape that is other than a round brilliant.

I found a pear shape diamond today which is very reasonably priced.

Here’s the real secret. I managed to narrow the search to include diamonds with an SI2 clarity grading. I don’t dare do this on any other site because no other site lets us see all the diamonds at such high resolution. Many diamond vendors do post a link to the diamond grading report, which I would have to look at if I couldn’t see an image of the diamond.

If choosing a diamond with an SI1 clarity grade, or lower, we must look closely at the diamond to see if the diamond has any inclusion which hampers its ability to sparkle. JamesAllen has such clear photos of the diamonds they make available through their website that we know exactly what we are getting.

Here is our Catch of the Day:

It is a 1.01 ct Pear cut diamond.

You may be aware that another kind of fancy cut, the Marquise cut diamonds, require a very specific length to breadth ratio for there not to be a bow-tie effect. That’s where the light does not reflect through facets in the middle of the Marquise and cause the middle to show a bow-tie shaped dark patch.

Pear cut diamonds do not suffer from this problem. As a matter of fact there is no preferred ratio for pear cut diamonds. It is a matter of personal preference.

The ratio of this particular diamond actually contains a very eye pleasing ratio.

With a length of 8.18mm, this is exactly 69% longer than the width of 5.65mm.

1.01 Carat G-SI2 Ideal Cut Pear Diamond

When setting the parameters to find a diamond like this I made sure the diamond search would only list diamonds with an Ideal/Excellent cut. GIA reports do not include the cut grade for fancy cuts, however they are still sorted according to cut quality by JamesAllen, fortunately for us.

Shape: 	Pear Carat Weight: 	1.01 Cut: 	Excellent Color: 	G Clarity: 	SI2 Certificate: 	GIA Depth: 	63.0% Table: 	53.0% Polish: 	Very Good Symmetry: 	Very Good Girdle: 		 Culet: 	None Fluorescence: 	None Measurements: 	8.18x5.65x3.56 Ratio: 	1.45

Since $3770 is quite a low price for a 1.01 carat diamond I looked very closely at the grading report.

The majority of the inclusions are on the pavilion side of the diamond (the bottom). This is a good thing as this means they can hardly be seen. One long inclusion, identified as a “feather” on the grading report shows through the top ever so slightly as I point out in this photo:

Feather can be barely seen here in this pear cut diamond

Remember this is a magnified view of the diamond. The entire diamond’s actual size is 8mm long. That feather is going to be nearly impossible to see, if not completely impossible to see in reality without a loupe.

Anyway, that’s my catch of the day for today. It has a lot of things going for it. The color is “G”, which is great, far enough removed from the minimum acceptable color for fancies, which would be an “I” color.

I’ve just been looking at diamonds, real diamonds, that is, not diamonds on the computer screen, and I can tell you that even though lots of people go for the lowest color grade they can get away with (J for round cut, and I for fancy cut) in order to get a bigger diamond, the higher color grades are just unbelievably beautiful. You’ll be very happy you got this “G” diamond.

This one is a great choice. It is going to look fantastic on some lucky girl’s finger. There’s only one of these, so if you think it’s the one, grab it.

Here it is: www.jamesallen.com/diamonds/G-SI2-Ideal-Cut-Pear-Diamond-1130166.asp

Perfect Pear: GIA certified diamond gets our “No Regrets” stamp

 

This is a pear shaped diamond at BlueNile. It almost made the grade to be our catch of the day. However in weighing up the characteristics we felt that we should only recommend an excellent or ideal cut. And this way we feel more confident in being able to guarantee a “no regrets” purchase. The stone above has a slightly thick girdle which makes us hesitate to give it a “no regrets” rating.

Pear shaped diamonds are a real nice shape for those who want something a little different but still want  a very brilliant stone. Of course for it to be brilliant it has to be well cut. Very well cut. If you get an Ideal Cut stone when choosing a pear shaped diamond you won’t have a stone which shows a dark patch in the middle in the shape of a bow-tie. This is the most important factor in choosing a pear shape stone: Excellent or Ideal Cut. As you can see in the sample image the stone portrayed here does not have dark patches in the middle as it has excellent proportions, good symmetry.

I definitely think it is a good idea to take advantage of the lower prices which online dealers offer to get a better stone. The opportunity to browse and select the type of diamond we want is something unparalleled in history. The fact that Blue Nile offers us the chance to actually compare 80,000 stones makes us more privileged than Louis the XIV.

But this privilege means we often become as choosy and picky as royalty and we can pick and choose from some incredible masterpieces. And we were unable to locate the stone we wanted at Blue Nile. The one we did find, gets an honorable mention, as it comes extremely close. (click on the image above to go to the pear shape we located at Blue Nile)

After a little perseverance we finally found a beauty, which we are calling our

Catch of The Day

We consider this stone to be a “no regrets” purchase. It is located at, Diamonds-USA, who never fail to impress with their excellent service and with what they have on offer.

The GIA report for this stone tells us the following:

Shape and Cutting Style Pear
Ideal Cut
  Measurements 5.98*9.05*3.46
  Weight 1.11 Cts.
Proportions
  Depth 57.8 %
  Table 61 %
  Girdle
  Culet
  Finish
    Polish Very Good
    Symmetry Very Good
Clarity Grade VVS2
  Characteristics
Color Grade E
  Fluorescence medium blue

As we want to weigh up the variety of influencing factors to determine if this is a “no regrets” purchase, we see that the positives are in the most important areas. It is an Ideal Cut, the most important factor, along with the fact that it is has a color grade of E (very rare!) and it is Very Very Slightly Included 2 (close to being internally flawless!), definitely outweigh the fact that it gives off a little blue fluorescence. Fluorescence is always the least of our concerns as it only affects the stone’s brilliance under certain lighting conditions. It is a decent price, as Diamonds-USA are very competitively priced. Though they have a 10 day return period, you can actually get the stone before paying for it, so they are quite generous in that regard.

Pear shaped diamonds are worn with the pointed end of the stone going toward the finger tip.