Diamond Calculator

How to Use the Diamond Price Calculator

This guide will take you through each step required to use the Diamond Price Calculator effectively. Follow the instructions carefully to get an accurate price for the diamond based on the given attributes.

Step 1: Enter Carat Weight

The first step is to input the carat weight of the diamond. Locate the field labeled Carat Weight. Enter a number that represents the carat weight, ensuring it is between 0.1 and 30 carats. This value should be entered with a precision of up to two decimal places, exploiting steps of 0.01 if necessary. This field is mandatory, so ensure it is filled before proceeding.

Step 2: Select Clarity

Next, you need to select the clarity of the diamond from the dropdown list in the field labeled Clarity. Options range from “FL (Flawless)” to “I1 (Included 1)”, each with a corresponding value. Choose carefully, as this selection will impact the overall quality and price calculation. This is another required field.

Step 3: Select Color

Proceed by selecting the color grade of the diamond. Under the field labeled Color, choose an option from “D (Colorless)” to “L (Faint)”. This choice also plays a crucial role in determining the final price. Finer grades such as “D (Colorless)” have higher values that enhance the price calculation. Ensure you make a selection here as it is required.

Step 4: Select Cut

In the final input section, select the cut of the diamond from the field named Cut. Options include “Excellent”, “Very Good”, “Good”, “Fair”, and “Poor.” The cut significantly affects the diamond’s brilliance, and hence its price. Be sure to fill this field as it contributes to the quality multiplier and is required for the calculation.

Step 5: Review the Results

• Base Price: This is calculated using the formula carat weight * 7500. The result is displayed in USD currency, formatted to two decimal places.
• Quality Factor: The quality factor or multiplier is computed by multiplying the values associated with clarity, color, and cut.
• Final Diamond Price: The final price combines the base price with the quality factor (base price * quality multiplier) and is presented in USD currency, reflecting two decimal places.

By following these steps, you should be able to effectively use the Diamond Price Calculator to estimate your diamond’s price based on its specific characteristics.