How Much Does a Colored Diamond Pendant Cost?

If you're interested in purchasing a diamond necklace for your women, you might be wondering how much it would typically cost. The price depends on several factors such as color, clarity, cut, and carat weight.

Once you understand the pricing of the necklace, you will buy the best necklace with the best value for money. That's why we have gathered some information about what factors affect the pricing of women's diamond pendants.

What is the Base Price of a Diamond Necklace?

One of the main criteria that decides the price is how rare or unique your necklace is. A typical diamond necklace will cost you anywhere between $1,000 to around $40,000. If you use one of the rare colored diamonds, the price will shoot up to $80,000.

What Factors are Responsible for Deciding the Price of the Diamond Necklace?

Following are the main factors that decide the price of the necklace.

1- The Carat of the Diamond

The diamond's weight is expressed in carat. One carat= 0.2 grams. The heavier the diamond is, the more expensive the diamond will be.

2- The Purity of the Diamond

Most diamonds have some impurity or inclusions in them when they are finished. These inclusions are uncrystallized carbon.

Diamonds that do not have any inclusions are known as pure diamonds. Diamonds that are 100% pure or flawless are very expensive.

3- Color of the Diamond

The color of the diamonds is determined by how they rank on the color scale. These color scales start from D to Z. The more you go down the color scale, the cheap and inexpensive diamonds you'll get.

4- Cut of the Diamond

Diamonds are finished under various cuts. For example, the princess cut, round cut, heart cut, and marquise cut are the most well-known types of cuts.

The cut is responsible for the way light travels through the diamond and how they get their sparkle. An excellent cut diamond will reflect all the light that penetrates it.

Final thoughts

These factors affect the price of a diamond necklace for women.