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'Good' is relative.

The diamond is weighty, the clarity is near the top grade, the colour could be considered slightly yellow.

Comparatively, here are three similar diamonds that you can buy today from Blue Nile, with their prices:

  • 7.01 carats, H colour, VVS2, US$369,437
  • 7.08 carats, J colour, VVS1, US$240,225
  • 7.83 carats, I colour, Internally Flawless, US$355,933

One option is to determine whether or not the price you paid/ will pay for the diamond you describe is 'good' compared to what's available in today's market.

Overall, your diamond should be considered at least substantial.

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Q: Is a 7.20 carat round cut diamond with Colour LM and Clarity VVS a good diamond?
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