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How is a diamond priced?

Updated: 9/18/2023
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Wiki User

13y ago

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A diamond is valued by its cut, colour, carat weight and clarity. This information is available from a certified gemologist. Your insurance company insures your diamond according to its value.

A diamond is priced by the seller, according to what the seller believes a buyer will pay for a diamond.

A diamond is worth what a buyer pays for it.

Diamonds are a commodity.

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13y ago
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