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1.2 Carat Asscher Cut Natural Blue Diamond Price Cost Calculator Reykjavik
Navigating the world of rare and exquisite gemstones requires expertise and precision. This resource aims to provide a comprehensive understanding of pricing a 1.2 Carat Asscher Cut Natural Blue Diamond, specifically tailored for clients in Reykjavik and those interested in the Icelandic market. This involves exploring the key factors influencing the diamond’s value, the intricacies of the Asscher cut, the rarity of natural blue diamonds, and the nuances of conducting such a transaction in Reykjavik. We’ll touch on the landscape of diamond services generally.
Understanding the Diamond Landscape
The diamond industry is multifaceted, encompassing everything from mining and cutting to certification and sales. Natural diamonds are formed deep within the earth under immense pressure and heat over billions of years. They are then brought to the surface through volcanic activity. The rarity and value of a diamond are determined by the “4Cs”: Carat, Cut, Clarity, and Color. However, when dealing with colored diamonds, especially those as rare as natural blue diamonds, color takes on an even more significant role.
Deconstructing the 4Cs (and Beyond)
Carat: Carat refers to the weight of the diamond. One carat equals 0.2 grams. A 1.2-carat diamond is a desirable size, offering a noticeable presence without being excessively large. Price increases exponentially with carat weight, as larger diamonds are rarer to find.
Cut: The cut of a diamond refers to how well its facets interact with light. A well-cut diamond will exhibit brilliance (brightness), fire (dispersion of light into colors), and scintillation (sparkle). The Asscher cut, a sophisticated step-cut, is known for its distinctive square shape, cropped corners, and mesmerizing concentric squares that draw the eye into the stone.
Clarity: Clarity refers to the absence of inclusions (internal flaws) and blemishes (external flaws) in a diamond. Diamonds are graded on a clarity scale ranging from Flawless (FL) to Included (I3). A diamond with fewer inclusions and blemishes will be more valuable. However, the impact of clarity on price depends on the size, location, and nature of the inclusions.
Color: In white diamonds, the absence of color is generally preferred. However, with colored diamonds, the intensity and purity of the color are paramount. Natural blue diamonds derive their color from the presence of boron in the diamond’s crystal structure. The intensity of the blue can range from Faint Blue to Fancy Deep Blue, with the more intense colors commanding significantly higher prices. The hue, tone, and saturation all play critical roles.
The Allure of the Asscher Cut
The Asscher cut, originally developed by the Asscher Brothers of Holland in 1902, is a classic and elegant cut that exudes sophistication. Its distinctive features include:
Square Shape: The Asscher cut is essentially a square version of the emerald cut.
Cropped Corners: The cropped corners give the Asscher cut a unique octagonal appearance and enhance its durability.
Step-Cut Facets: The facets are arranged in parallel steps, creating a hall-of-mirrors effect that draws the eye into the stone.
High Crown: The Asscher cut typically has a higher crown than other square cuts, which enhances its brilliance and fire.
The Asscher cut is particularly well-suited for showcasing the color of a blue diamond, as it allows light to travel through the stone and reflect the color in a captivating way. However, the Asscher cut also requires a high degree of precision, as any flaws in the cut will be more noticeable due to its geometric design.
The Rarity of Natural Blue Diamonds
Natural blue diamonds are among the rarest and most sought-after gemstones in the world. Their blue color is caused by the presence of boron atoms in the diamond’s crystal lattice. Boron absorbs yellow light, causing the diamond to appear blue.
The rarity of blue diamonds is due to several factors:
Limited Sources: Blue diamonds are found in only a few locations around the world, including South Africa, Australia, and India.
Specific Geological Conditions: The formation of blue diamonds requires very specific geological conditions, including the presence of boron and high pressure and temperature.
Low Concentration of Boron: Even in locations where blue diamonds are found, the concentration of boron is typically very low, making it difficult to find diamonds with a strong blue color.
The rarity of blue diamonds has made them highly prized by collectors and investors, and prices have soared in recent years.
Factors Affecting the Price of a 1.2 Carat Asscher Cut Natural Blue Diamond
Several factors will influence the price of a 1.2 Carat Asscher Cut Natural Blue Diamond:
Color Intensity: As mentioned earlier, the intensity of the blue color is the most significant factor affecting price. Diamonds with Fancy Vivid Blue or Fancy Deep Blue colors will command significantly higher prices than those with Faint Blue or Light Blue colors.
Color Hue and Saturation: The specific hue of the blue can also affect price. A pure blue diamond with no secondary hues (such as gray or green) will be more valuable. The saturation of the color, which refers to its intensity, is also important.
Clarity: While clarity is less important than color in colored diamonds, it still plays a role. A diamond with fewer inclusions will be more valuable, especially if the inclusions are located in a prominent area.
Cut: The cut of the diamond is crucial for maximizing its brilliance and fire. An Asscher cut diamond with excellent proportions and symmetry will be more valuable.
Carat Weight: While we are focusing on 1.2-carat diamonds, slight variations in carat weight can impact price. A diamond that is slightly larger than 1.2 carats may command a premium.
Certification: A diamond certificate from a reputable gemological laboratory, such as the Gemological Institute of America (GIA) or the American Gem Society (AGS), is essential for verifying the diamond’s characteristics and ensuring its authenticity.
Treatment: It is crucial to determine whether the blue color is natural or the result of treatment. Natural blue diamonds are far more valuable than treated diamonds. Certification from a reputable gemological laboratory will indicate whether the diamond has been treated.
Market Demand: The current market demand for blue diamonds can also affect price. Prices tend to fluctuate based on economic conditions and collector interest.
Navigating the Reykjavik Market
Reykjavik, while not a major diamond trading hub like Antwerp or New York, has a growing market for luxury goods and fine jewelry. When purchasing a 1.2 Carat Asscher Cut Natural Blue Diamond in Reykjavik, it is essential to consider the following:
Reputable Jewelers: Choose a jeweler with a strong reputation for integrity and expertise. Look for jewelers who are members of professional organizations and have a history of dealing in high-end diamonds.
Diamond Certification: Ensure that the diamond is certified by a reputable gemological laboratory. The GIA is the most widely recognized and respected laboratory in the world.
Pricing Transparency: Ask for a detailed breakdown of the diamond’s price, including the cost of the diamond itself, the setting (if applicable), and any other fees.
Insurance: Obtain insurance for the diamond to protect against loss, theft, or damage.
Local Regulations: Be aware of any local regulations regarding the purchase and sale of diamonds, including import duties and taxes.
Currency Exchange Rates: Consider the current exchange rate between the Icelandic Króna (ISK) and your home currency when evaluating the price of the diamond.
Cultural Considerations: Iceland has a unique culture and business environment. Be respectful of local customs and traditions when negotiating the purchase of a diamond.
Sourcing and Verification
Sourcing a natural blue diamond of this caliber requires access to a global network of diamond dealers and experts. Reputable jewelers often have established relationships with diamond cutters and wholesalers who specialize in rare gemstones.
The verification process is paramount. Here’s what that entails:
1. GIA Certification: A GIA certificate is the gold standard. It provides a comprehensive analysis of the diamond’s 4Cs, including color grade, clarity grade, cut grade (if applicable), and carat weight. The certificate will also indicate whether the diamond has been treated in any way.
2. Microscopic Examination: A trained gemologist can use a microscope to examine the diamond for inclusions and blemishes. This can help to verify the diamond’s clarity grade and identify any potential issues.
3. Spectroscopic Analysis: Spectroscopic analysis can be used to determine the cause of the diamond’s blue color and to confirm that it is natural. This technique involves shining a beam of light through the diamond and analyzing the spectrum of light that is transmitted.
4. Expert Appraisal: An independent appraisal from a qualified gemologist can provide an unbiased opinion of the diamond’s value. The appraiser will consider all of the factors discussed above, as well as the current market conditions.
Beyond the Purchase: Care and Maintenance
Once you have acquired your 1.2 Carat Asscher Cut Natural Blue Diamond, it is essential to take proper care of it to maintain its beauty and value. Here are some tips:
Cleaning: Clean your diamond regularly with a mild soap and water solution. Use a soft brush to gently scrub the diamond and remove any dirt or debris.
Storage: Store your diamond in a soft pouch or jewelry box to protect it from scratches and damage.
Avoid Harsh Chemicals: Avoid exposing your diamond to harsh chemicals, such as chlorine bleach or ammonia. These chemicals can damage the diamond’s surface and dull its brilliance.
Professional Inspection: Have your diamond inspected by a professional jeweler at least once a year to check for any signs of damage or wear.
The Emotional and Investment Value
Beyond the objective metrics of the 4Cs and market prices, a natural blue diamond holds significant emotional and investment value. It’s a symbol of rarity, beauty, and enduring love. For many, it represents a tangible asset that can appreciate in value over time.
The investment aspect should be approached with caution. While natural colored diamonds have historically performed well as investments, market conditions can fluctuate, and there is no guarantee of future appreciation. It’s essential to conduct thorough research and consult with financial advisors before making any investment decisions.
Ultimately, the value of a 1.2 Carat Asscher Cut Natural Blue Diamond is a combination of its intrinsic properties, its rarity, its aesthetic appeal, and the emotional significance it holds for its owner.
In Conclusion
Purchasing a 1.2 Carat Asscher Cut Natural Blue Diamond in Reykjavik, or anywhere else, requires careful consideration and expert guidance. By understanding the factors that influence its price, navigating the local market with caution, and taking proper care of your investment, you can ensure a rewarding and fulfilling experience. The journey to acquiring such a rare and exquisite gemstone is an adventure in itself, a testament to the enduring allure of diamonds and their timeless beauty. The key lies in diligence, education, and partnering with reputable professionals who can help you make informed decisions every step of the way.
FAQ
Q: What is the most important factor when determining the price of a natural blue diamond?
A: The intensity and purity of the blue color are the most important factors.
Q: Should I buy a GIA-certified diamond?
A: Absolutely. A GIA certificate provides an independent and reliable assessment of the diamond’s characteristics.
Q: How often should I have my diamond inspected by a jeweler?
A: At least once a year.
Q: Are blue diamonds a good investment?
A: They can be, but it’s essential to conduct thorough research and consult with financial advisors. Market conditions can fluctuate.
Q: What is the Asscher cut known for?
A: Its square shape, cropped corners, step-cut facets, and hall-of-mirrors effect.