Guide

Diamonds & Gemstones — Valuation Guide & What We Accept

The four Cs, coloured stones, and what really drives the price — a plain-language guide to diamond and gemstone valuation.

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Diamond grading

Understanding the four Cs

The GIA's four-C grading system — carat, colour, clarity and cut — is the universal language of diamond valuation. Each C affects price independently, but the combination of all four determines a stone's true market value.

CaratWeight

One carat equals 0.2 grams. Price per carat rises steeply at certain thresholds — a 1.00ct diamond commands a significant premium over a 0.95ct of identical quality.

ColourD (colourless) → Z (light yellow)

D–F is colourless and most valuable. G–J is near-colourless and represents the sweet spot for value. K–Z shows increasing tint. Fancy coloured diamonds (vivid yellow, pink, blue) follow a separate pricing scale entirely.

ClarityFL → I3

Flawless (FL) and Internally Flawless (IF) are exceptionally rare. VS1–VS2 (very slightly included) is the most popular tier for fine jewellery. Inclusions visible to the naked eye (I1–I3) reduce value significantly.

CutExcellent → Poor

Cut quality affects how brilliantly a diamond reflects light. An Excellent or Ideal cut can dramatically increase a stone's visual appeal — and its price. Poor cuts waste carat weight on depth that doesn't produce brilliance.

Coloured stones

Precious coloured gemstones

Sapphires, rubies and emeralds are graded on different criteria from diamonds — colour saturation, origin and treatment history all carry significant weight. A Burmese unheated ruby of fine colour can be worth more per carat than a comparable diamond.

Sapphire

Colour and Kashmir/Ceylon origin are primary value drivers

Ruby

Burmese origin and 'pigeon's blood' red colour command top prices

Emerald

Colombian origin and vivid saturation are key; inclusions (jardin) are accepted

Alexandrite

Dramatic colour change makes fine specimens exceptionally rare and valuable

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