Introduction
A diamond ring or any other kind of jewelry especially when it is as beautiful as the above mentioned oval shape 1.5 carat is much costlier. Whether it is for the purpose of a wedding, anniversary or you simply want it for yourself, then it would be a great plus to have some background information to why a diamond costs what it does? In this article you will find brief information on what 1.5 carat oval diamond ring cost implies, factors that influence the price and how to get the best one.
Factors Which Define the 1.5 Carat Oval Diamond Ring Cost
If one of the details differentiates from the other then the 1.5 carat oval diamond ring cost may change as explained below. Okay let us expand a little on each of these subcategories.
Diamond Cut Quality
The brightness or the light return of a diamond depends on its cut hence the amount of light which will be reflected by the same. Round brilliant shaped diamonds are so much in today because of the oval look these provide to fingers. However, the brilliance of the cut has the ability to make the diamond reflect light in a specific way.
- Excellent/Ideal Cut: A diamond can only be termed as perfect if its cut is perfect because it will be bright and it will cost more to acquire it.
- Very Good/Good Cut: A good cut compromises the quality and prices and aims at selling an exquisitely cut diamond to customers while they save their money.
Example Price Range: A particular carat oval diamond set in platinum with an excellent cut will range from $10,000 to $15,000 for the same carat of a good cut ranges from $8,000 to $12,000.
Diamond Clarity
Clarity including internal or external flaws (a/ or called inclusion or blemish). Diamonds are categorized from Flawless to Included; in the scale of Inscription I1, I2, I3. Oval cut diamonds usually obscure inclusion because of the elongated structure they have compared to round cut diamonds.
- Flawless to Very Slightly Included (FL-VS2): These diamonds have minimal to no flaw and hence they are more expensive than the other two types.
- Slightly Included (SI1-SI2): The diamonds on this site may contain some blemishes that are almost impossible for a layman to detect, making it good business for buyers.
Example Price Range: The cost for a 1.5 carat oval diamond with no clarity issues may cost between $15000 and $25000 for stones with clarity issues of SI1-SI2 may range between $8000 to $11000.
Diamond Certification
The opinion about a diamond given by an independent and recognized grading laboratory, including the GIA or the AGS, attests the genuineness of the diamond. The ‘certified’ diamonds usually cost a premium since they guarantee the buyers the same diamond attributes.
Certified Diamonds: An oval shaped diamond with a rating of 1.5 carat may cost relatively higher than similar diamonds which do not have GIA certification, the extra cost could range between 5% and 10%.
How Much Should You Expect to Spend on a 1.5 Carat Oval Diamond Ring?
To give you a clearer idea of the price, here’s a breakdown of ranges for a 1.5 carat oval diamond ring cost based on different quality factors:
- Low Range: Available to $10.000 (Good cut, range H-J color, SI1-SI2 clarity).
- Mid Range: $10,000- $15,000 (G-H color, very good cut, VS1-VS2 clarity).
- High Range: between $15000 to $25000 (Excellent cut, D-F color range for diamonds, FL – VVS clarity range.)
These prices are for diamonds only and do not include any additional charges. Extra charges may apply for the kind of material to be used on the ring setting, extra stones on the ring, and any engravings.
Conclusion
The 1.5 carat oval diamond ring cost will differ based on type of diamond, type of setting and certification. These, therefore, are the factors that would lead to price determination and once you have understood these price factors, then one can be in a position to get a perfect price that they feel can meet the product price they have set as well as your taste buds. From perfect oval cut diamond rings for engagement or tremendous lavishness to oval cut diamond rings for the bargain hunters, there is a 1.5 carat oval diamond ring for anyone out there.
