The GIA has established an internationally accepted system according to which Clarity is graded from Flawless to Imperfect. Flawless diamonds are the most rare and as such they are considerably more expensive than the lower-rated, Imperfect diamonds.
Diamond clarity is divided into six categories, most of which contain several grades of clarity. As the clarity grade moves along the scale from higher to lower, the overall value of the diamond decreases. However, even though the clarity grade may drop, it might not necessarily affect the unmagnified appearance of the stone.
The table below defines the various levels of clarity in the GIA clarity scale for both white and colour diamonds.
The clarity grades from highest to least are as follows (simplified):
In a colourless diamond, clarity is one of the most important factors when determining a diamonds value. However, diamond clarity does not play as much of an important role in Fancy Coloured Diamonds. When purchasing a Coloured Diamond, the Colour and Intensity are the most important aspect when determining a stones value.
Even though diamonds are the strongest element known to man today they have been created in unimaginable conditions deep below the surface of the Earth. Therefore, it is needless to say that various imperfections within the stones can occur.
The inclusions that are found in diamonds are separated into two categories: ‘Internal' inclusions and ‘External' inclusions. All diamonds have inclusions however depending on the type, size and where they are located, they might not necessarily affect appearance of the stone.
0.35ct Fancy Purplish Red Heart (External Inclusion)
2.28ct Fancy Orangy Brown Round SI2 (Internal Inclusion)
A stone with an SI2 inclusion grade can sometimes appear 'eye clean' even though its monetary value may be lower. That means that it might cost less for the stone even though the diamond is still bursting with life. There is far more than just the clarity grade that will affect the appearance or value of a diamond.
For several months I had considered investing in Fancy Colored Diamonds. I heard all the negative jargon about unscrupulous people in the diamond business and how you could be taken to the cleaners, sort of speak. However, I called Northern Cross Diamonds and spoke to Stephen who is the owner. My experience with him from the early process to the actual purchase of a Fancy Colored Diamond from him was quite a journey. He urged me before buying the diamond to do my own due diligence by comparing the price and quality. Needless to say I did not find one of like shape, color, clarity or price that would have changed my decision. If you would like to speak to me directly for more information you can get my telephone number from Northern Cross.
My husband and I chose NCD to assist us in finding the perfect engagement ring that would compliment my style. We mostly dealt with Stephen who was very knowledgeable and really took the time to listen to what I was looking for and offered a really great selection of options to choose from. Thank you Stephen and NCD; I couldn't be any happier with my brand new canary yellow diamond ring. You wouldn't believe the compliments and interest that people give it. I just love it!! Thank you again for everything!
I have used Northern Cross Diamonds for the last couple years. I have a full time job, rental properties, stocks and mutual funds, yet I am always looking for new investment opportunities. Meeting and dealing with the professionals on staff (especially Stephen) has pointed out creative ways of maximizing the investment potential within coloured diamonds. They are always there to answer questions when I am curious on making a new investment and the experience has been nothing but great!
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