Women are notoriously known for loving (and wanting) diamonds. Diamonds are the standard in engagement rings, used to enhance a watch, and look great on anyone's ears. There are even plenty of men who like to be "dripping" in diamonds. Good quality diamonds will keep their value or increase in value. To find the value of your diamond, there are a few things you should know. Understanding the four "Cs" will give you plenty of insight into the worth of your "best friend."
Know the Color of your diamond. The "color" of your diamond will tell you a lot about how much it's worth. The less yellow hue or tint in your diamond, the more money it will be worth. White, or colourless, diamonds are referred to as brilliant and bright. They are also very expensive and valued at quite a bit. The only exception are coloured diamonds--rare (and super expensive) diamonds can be found in pink, blue, red, canary yellow, brown, and gold colours.
Note the Clarity of your diamond. A diamond without flaws will have perfect clarity and brilliance. These diamonds are worth a lot. A diamond with large flaws will look foggy and will not be valued well.
Understand the Cut of your diamond. The cut of your diamond--in this case--does not mean if it's a round, princess, emerald, heart, etc. The Cut in this instance refers to the millimetre-sized facets cut into the diamond by a diamond craftsman. Perfect cutting of the diamond will result in amazing sparkle and light reflection. A standard diamond will have either 57 or 58 facets. The cut of the diamond is very important to how beautiful the diamond looks and is valued. For example, you may have a colourless diamond, but if the cut is poor, the diamond will have no sparkle or shine. According to the Gemological Institute of America, the diamond owes its brightness, fire, and scintillation to the cut.
Know how many Carats your diamond is. Metric carats are what diamonds are weighed in. The more carats your diamonds has, the more it will be valued at.
Take your diamond to a certified diamond appraiser. To know the actual value of your diamond, you need to get it appraised. A certified diamond appraiser will be able to tell you how much your diamond is worth and why it's valued at its given price point. Always keep in mind that just because the diamond is old and considered "vintage," does not make it worth any more than any other newer diamond.