A diamond has never lost its charm as one of the most popular jewellery types since the early days of human history. Many people across the globe keep it for various reasons, from aesthetic to wealth-related purposes. No wonder the 1 carat diamond price remains a fresh and key topic among precious stone lovers.They keep an eye on the rate every month. The value isn’t as volatile as a stock, so you don’t need to follow minute-to-minute updates on the 1 carat diamond price.Yet, similar to gold, its value depends hugely on various factors, such as quality, demand, and global economic factors.Gaining enough knowledge on those factors is necessary to ensure that you will gain a fair price if you want to purchase diamond jewellery. A similar advantage also goes for those seeking to cash out their current collections. Find out the recent rate and practical tips on how to gain optimal returns when selling one of your collections in the market.
What is 1 carat diamond price in the UK today?
The price of 1 carat diamond in the UK is between £4,000 and around £20,000. Generally, the rate of the natural stone depends on four elements, which are Carat, Cut, Colour, and Clarity. For example, exactly 1.00 carat costs more than 0.90 to 0.00 carat. The value of the diamond with the precise cut is also more expensive because this shows the better brilliance of the cutter or polisher.Colourless diamonds (D-F), such as in engagement rings, are usually more expensive than the near colourless (G-J) or yellow ones (K-Z). In terms of clarity, the more noticeable the stone, the higher the price. As such, IF (flawless) is pricier than SI or I grade. Check the other estimates for the 1 carat diamond pricebelow:
High quality (D-F, VS2+): From £6,200 to over £7,800.
Average quality (H-I, SI1-VS2): Starting from £3,200 to £6,100.
Lower budget (Lower colour/clarity): From £2,700 to £4,000.
Lab-grown 1ct: Around £300 to about £500.
Practical guidelines to optimise the sale of your diamond collection
Bear in mind that selling your diamond isn’t the same as offering gold or stocks to potential buyers, such as dealers. Without the knowledge, you may lose enormous value, meaning you will get much lower returns than the actual price. Equip yourself with the necessary information on the 1 carat diamond pricebefore negotiating.Other key insights relate to verification, the selling channel, and documentation. Fully understand all of the factors before selling your diamond collections. In simpler terms, know what you will sell completely so you will gain a fair price. Let’s break them down in the lists below!
Obtain appraisals from reputable labs or gemmologists
First, bring your diamond jewellery to laboratories or gemologists. They will provide the full information on the carat, cut, colour, and clarity. All of these make up the final 1 carat diamond price that you can offer to would-be customers. Their appraisals verify all the factors, and potential buyers will usually value more gemstones with verified qualities.
Show complete documentation
To further verify the value of your collection, include certificates, original purchase receipts and other documents. These papers can boost the value of 1 carat diamond price in the eyes of potential customers. They are more willing to pay more for well-documented gemstones. These papers also make you more confident to negotiate further.
Choosing the right selling channel
This factor is closely linked to the goal of selling the gemstone itself. If you need immediate cash, offering the collection to jewellery stores or dealers can be a good idea. However, the channel usually offers a lower margin. Offering the jewellery in the online market is recommended if you want to reach a wide audience with competitive pricing occasionally.
Focusing on the unique sides of your collection
When you negotiate, highlight what makes your jewellery special. Is it due to its rarity? Is it backed up by various certifications? Does it have super-precise cuts all around? Ensure you explain all of these in front of the potential buyers. This way, the 1 carat diamond price should be higher than not highlighting the unique sides at all.
Sell your diamond collection confidently at Hatton Garden Buyers!
Looking for the best site to sell your diamond jewellery? You’ve come to the right place! Hatton Garden Buyersoffers a transparent process where you can check all steps right from your gadget. Once you offer the collection, our team will send the quote immediately. No hidden costs or pushy sales.We will leave the entire decision in your hands. Besides, you can ask for our tips regarding the 1 carat diamond pricein general. So, what are you waiting for? Call us today to get online quotes or book an appointment! Or you can chat with us via WhatsApp for a faster response.
