Price for 0.32 carat is 850$ per carat, 1.27 carat is 1800$ per carat & price for 3.04 carat is 4100$ per carat which means :
Most of you might be wondering, from where do these price per carat numbers come from? Well, there are two major organizations named RAPAPORT & IDEX. They set the price per carat from 0.01 to 10.00ct for D-to-N color and FL-to-I2 clarity. However, the RAPAPORT diamond price list (RAP List) is most commonly used in all major countries. For diamond shapes like princess, oval, heart, etc. Rapaport releases a common price list for all fancy shapes and another list for round-shaped diamonds.
Before, the Rapaport price list was only available to trade members. But, now you can buy one at 50$ from the Rapaport website. These price lists are updated weekly based on demand, supply & other factors. Don’t worry to buy a new price list every week as there are very few % changes or no changes. Or you can even simply comment below your diamond’s carat weight, color, clarity & shape. We don’t mind sharing the latest diamond price as per the RAPAPORT price list.
So, above we have a sample copy of the Rapaport Price List. Let us learn how to read it. For eg, You have to check the price for 1.01 carat, H color, VS2 clarity stone. To know the diamond price you need to know 3 things. Weight, Color, & Clarity of diamond.
As you can see on the above price list image there are different values for every diamond. Here we have 4 different carat weight segments which further can be read in a matrix. So, For 1.01 carat, we have to look at the 1.00-1.49 ct price segment. Then, check color & clarity verticality and horizontally within the matrix.
All the values are in hundreds. So the price for 1.01 H VS2 is 6300 USD per carat. This is an old price list just used for reference and example. The price per carat for 1.01 H VS2 is 7600 $ ar per the Latest RAPAPORT price list
In order to know the latest Rapaport price you can comment below your diamond’s weight, shape color & clarity. We will revert back with the latest 2021 July diamond prices.
These are not standard prices for the diamond, It’s just a base price list.
Rapaport price is the base price on which diamond dealers provide more discounts or ask premium depending on diamonds. This makes diamond dealers compete with each other.
A) Discount – Percentage of the discount applied to Rapaport base price. Term Discount, Back, Below, Less all are the same & commonly used in trade.
These are not standard prices for the diamond, It’s just a base price list.
Rapaport price is the base price on which diamond dealers provide more discounts or ask premium depending on diamonds. This makes diamond dealers compete with each other.
B) Premium – Percentage of addition in price from Rapaport base price. Means X% addition of list price. This happens in very fewer cases.
Example For Discount – 1.01 H Vs2 3EX ( excellent cut, excellent symmetry, excellent polish) with NONE fluorescence is available at a 34% discount. It’s similar to “15% off at Nike Shoes”. Let do some math and make it more simple.
RAPAPORT PRICE – % Discount = Price Per Carat * Diamond Carat weight = Total Price
6300$ – 34% = 4158$ per carat price * 1.01 Carat weight = 4199.58 Total price
In case of premium, you have to add % to the Rapaport base price and multiply with carat weight for the total value. (opposite of discount, you have to pay more than list price)
One diamond dealer might provide 1.01 H Vs2 cheap at a 40% discount and others might provide at a 32% discount. WHY? Read further.
>>Are you paying the right price ? not sure? use the chatbox on the screen and leave your diamond question with your email address. I will personally review your diamond question and assist you.
Pricing simply does not rely on the diamond’s color, clarity, and carat. There are a lot of other factors that determine a diamond’s value. Like, you can even buy GIA 0.50 ct I SI1 at 45% discount (cheapest) or another similar stone at 35% discount (expensive)