Loose diamonds can be obtained from broken jewelry or investment purchase. Loose diamonds can be used to make an engagement ring or your desired style and shape. You can sell them to leading jewelry stores or even online. Selling them online is believed to be the most effective method. You can easily turn them into cash by selling them online. Some of the benefits of selling loose diamonds online are that you will not incur any travel expenses. You will also get higher offers by selling loose diamonds online.  Loose diamond prices are determined by various factors.

Here is an overview of some of the factors that influence the price of loose diamonds

1.     Cut

The cut is the way the loose diamond is shaped and faceted. The cut affects how the diamond reflects light hence affecting the price of a loose diamond. It also enhances the beauty and brightness of the diamond. Some of the shapes include oval, cushion, princess, emerald, and even radiant. The round shape is believed to be highly-priced. A loose diamond with a good cut will have a higher price as compared to the one with a poor cut. This is because a loose diamond with poor will not easily reflect the light thus making it have a lower value.

2.     Carat

Carat is both the weight and the height of a loose diamond. It has a huge impact on the price of a loose diamond. A carat size scale will help you determine the weight and the height of the loose diamond. A loose diamond with a big carat size will have a higher price as compared to the one with a small carat size.

3.     Clarity

Clarity entails how flawless the loose diamond is. Some imperfections like gas bubbles, dark spots, white spots, cloudiness, and even cloudiness lower the value of the diamond. The fewer the imperfections, the higher the value. When the loose diamond has a high value, you will be able to set a higher price. You can place the loose diamond on a white piece of paper to confirm any imperfections.

4.     Color

Color helps in determine the price of loose diamonds. Loose diamonds can possess various colors. Colorless loose diamonds are suggested to be highly-priced. This is because they appear to be completely clear from any imperfections. A colorful loose diamond has less value as compared to the colorless one. The color ranges from K which represents loose yellow diamonds. The colorless loose diamonds range from D-F.

Final words

In conclusion, many factors help determine the price of loose diamonds. The above article clearly illustrates some of the key determinants of the price of loose diamonds. The color, cut, clarity, and even the carat form the basis for the determination of price. You can sell you lose diamond to the leading jewelry store dealers or even online. Online is believed to be the ideal place to sell your loose diamonds. This is because you will get many potential buyers who are willing to buy at the set price. This is somehow difficult in jewelry stores due to the variability in prices.