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Resale Value of Diamond

As individuals, we often expect the resale value of diamond possessions to match our expectations. Many own diamond earrings, necklaces, rings, and other items as a long-term investment. 

However, when it comes to resale, determining the actual value is not known, and many are confused about what will be the actual return. In this blog, we will discuss what resale value you should expect and what's the actual worth of the diamond that you own.

The Resale Value of Diamond

We know that the diamond resale value of jewelry or loose diamonds will not fluctuate just like gold. However, the resale value of diamonds in India and globally will depend on the demand and supply of these precious stones. 

One thing to be kept in mind when aiming to maximize the purchase value of diamonds its crucial to consider the following factors:

  • Keeping all purchase documents, including certification and appraisals, that will help you establish the authenticity and quality of the piece.
  • Regular maintenance, such as cleaning and inspection, to preserve the condition of the jewelry.
  • Obtaining quotes from different potential buyers to obtain a fair market value.

Is Diamond a Good Investment?

Yes, diamonds are generally considered a good investment. Their demand has always been steady because of factors such as wars, technological advancement, and other major changes in the marketplace. Let's explore the reasons why diamonds are considered as a good investment:

Price Fluctuations

Diamonds are valued as a good investment because their prices don't fluctuate as compared to other commodities. Unlike gold, their prices are not as affected by inflation or other economic forces, although global economic trends can influence their value.

Store Value

In general, it is considered that the value of diamonds depreciates over time. In some cases, the more scarce the diamond is, the more valuable it becomes. Additionally, diamonds are considered durable and long-lasting, making them a store of value that can retain and even increase its value. 

Recyclable

Diamonds are 100% recyclable, meaning they can be melted and reshaped into various forms such as rings, necklaces, earrings, or any desired mold.

Durability

One of the reasons why it is considered to be higher is because it is the hardest natural material on earth and can withstand a lot of wear and tear. Moreover, they don't quickly tarnish over time. Its durability will be able to contribute to its longevity and aesthetic appeal over some time.

Increasing Demand

Over the last decade, there has been a considerable increase in demand for diamonds. Factors such as rising purchasing power and the significance of diamonds as status symbols and indicators of luxury have driven purchases, especially among the upper middle class and upper class.

Globally Accepted

A product that is universally accepted and widely recognized as a symbol of luxury and status, making it easily tradable and exchangeable for goods and services. Their quick liquidity means that they are widely accepted globally.

Affordable Investment

The affordability of diamonds depends on how much the price range of diamonds is. The small and affordable diamond offers an affordable alternative for investors. Moreover, the accessibility of diamonds differs from individual budgets and preferences.

How to Know Diamond's Worth?

The true value of diamonds depends on multiple factors, and you need to consider these three values:

Purchase Value

The price you pay at the time of purchase is relatively higher compared to the actual market price of a particular diamond. This is because the retailer from whom you purchase includes the cost to cover utilities, space rent, and wages.

To avoid this, the only solution is to purchase it online. Now, moving ahead, as we discussed above, the value will depend on where you purchase the diamond, whether it is from a retail store, wholesaler or through a private sale.

Appraisal Value

The appraisal value of a diamond is usually determined by a formal assessment conducted by a certified gemologist, which evaluates the diamond based on quality using industry-standard criteria. The appraisal value provides an estimated replacement cost of the diamond in the current market. It will not necessarily reflect the amount you paid for it but indicates the cost of replacing the diamond with a similar one.

Appraisal values are often used for insurance purposes, helping us to determine the appropriate coverage for the diamond. However, it is also important to note that appraisal value may not reflect the actual market value or diamond resale value.

Resale Value

The resale value of a diamond is the amount you expect to receive when selling the diamond in the secondary markets. Market conditions primarily influence this value, demand for diamonds, and the overall quality of the stone. 

The resale value, or diamond resale price, can vary depending on where you choose to sell the diamond, as different outlets may offer different prices. You can get a resale fair value from auction houses, reputable dealers, or established online platforms.

How to Identify the Resale Value of a Diamond?

The resale value of a diamond is that the minute you leave a jewellery shop, its market value decreases. You might say this is unfair as after such a huge investment, you couldn't get the same or higher value than this. The factors that impact the diamond resale value are:

» Market value

Dynamics of supply and demand, economic conditions, and global trends determine the market value of a diamond. Prices fluctuate based on factors like customer preferences, changes in fashion, and overall economic stability.

Diamonds are typically based on 4cs and factors that determine the overall quality and rarity, impacting market value. Higher quality diamonds with desirable characteristics can demand higher prices in the market.

» Basic Parameters and Quality Grade

The quality of a diamond is assessed by Four Cs, which affects its resale value. Let's explore how each parameter influences the quality grade:

  • Carat weight

The size of the diamond with larger diamonds is more valuable.

  • Cut 

The precision of the diamond cut influences its brilliance and overall visual appeal.

  • Colour 

Colourless diamonds tend to be more valuable and of higher quality.

  • Clarity

The presence of inclusions or blemishes affects a diamond's clarity, with higher clarity grades resulting in higher values.

Also Read: Learn About the 4C's of Diamond - The Ultimate Guide

» Place of Selling 

Besides the 4 Cs of diamond, there are other factors, such as the location where you sell the diamond affect its resale value. The value will vary according to regional demand and pricing structures.

If we consider selling through reputable dealers, auction houses, and well-established online platforms are likely to quote better prices compared to other untrustworthy outlets.

Summarize

To sum up, we hope that you now have a clear understanding of the actual resale value of diamonds. Furthermore, we also emphasized understanding the importance of recognizing the true worth of the diamond within your possession.

V. Jayantilal & Co., being one of the top diamond companies in the industry for the past 40 years, holds a vision to deliver quality service and expand its presence across the globe. Being the manufacturer of round diamonds, emerald cut diamonds, cushion diamonds, and oval diamonds, we keep customers at the center of attention.

How to Style Oval Shape Diamond

The oval-shaped diamond is a unique and elegant choice that combines the brilliance of a round diamond with the elongated silhouette of a marquise cut. This particular diamond shape is characterized by its symmetrical, elliptical outline, which creates a stunning and timeless appearance. In this detailed exploration, we will delve into the key features, history, cut quality, and the factors to consider when choosing an oval-shaped diamond.

History and Evolution:

The oval-cut diamond has a rich history that dates back to the 1960s when it was first introduced by renowned diamond cutter Lazare Kaplan. Kaplan aimed to create a shape that retained the brilliance of the round brilliant cut but featured a more elongated and unique appearance. The oval cut quickly gained popularity for its ability to make the wearer's finger appear longer and more slender, providing a flattering and sophisticated look.

Also Read: The Most Iconic Celebrity Oval Diamond Rings

Key Features:

Elongated Silhouette:

The oval shape diamond is characterized by its elongated and symmetrical oval outline. The length-to-width ratio can vary, allowing for customization based on personal preference. A slightly longer ratio may create a more elongated appearance, while a shorter ratio may result in a more rounded oval. 

The oval shape diamond is a popular choice for engagement rings due to its unique and elegant look. Its elongated outline gives the illusion of longer fingers, making it flattering on any hand shape. Additionally, the oval shape diamond is known for its excellent brilliance and fire, making it a stunning choice for those who want maximum sparkle. 

Brilliance and Fire:

Similar to round brilliant diamonds, oval diamonds are known for their exceptional brilliance and fire. The 57 or 58 facets in an oval diamond allow for the reflection of light in a way that creates a dazzling display of colors. 

The well-proportioned cut contributes to the stone's ability to sparkle and catch the eye. The elongated shape of oval diamonds also has the added benefit of creating the illusion of longer, more slender fingers when worn as a ring. 

Additionally, the versatility of oval diamonds makes them suitable for a variety of jewellery designs, from solitaire engagement rings to elegant pendants and earrings. 

Versatility:

Oval diamonds are highly versatile and can complement a variety of settings and styles. They are often chosen for solitaire settings for an oval diamond ring, three-stone rings, and halo designs. 

The elongated shape also makes them a popular choice for earrings and pendants. Their elongated shape creates an illusion of length, making the fingers appear longer when worn as a ring. Additionally, oval diamonds have a larger surface area compared to other diamond shapes of the same carat weight, giving them a stunning presence and maximizing their brilliance. 

Illusion of Size:

The elongated shape of an oval diamond can create the illusion of a larger diamond, making it an excellent choice for those seeking a visually impactful stone without necessarily having to choose a higher-carat weight. 

Oval diamonds are also known for their brilliant sparkle, as they have a similar faceting pattern to round diamonds. This makes them a popular choice for engagement rings and other jewellery pieces, adding a touch of elegance and sophistication. 

Cut Quality:

The cut quality of an oval diamond is crucial in determining its overall beauty and performance. The following factors contribute to a well-cut oval diamond:

Symmetry:

Achieving perfect symmetry in an oval diamond cut is challenging but essential. Symmetry ensures that the two halves of the diamond are balanced, resulting in a harmonious appearance. Look for a diamond where the two lobes (the rounded ends) are mirror images of each other.

Bow-tie Effect:

The bow-tie effect is a dark area resembling a bow tie that can appear in the center of some oval diamonds. A well-cut oval diamond minimizes this effect, ensuring an even distribution of light and minimizing areas of reduced brilliance.

Length-to-Width Ratio:

The ideal length-to-width ratio for an oval diamond depends on personal preference. Generally, a ratio between 1.35 and 1.50 is considered visually appealing. However, individual tastes may vary, and it's essential to choose a ratio that complements the wearer's style oval shape diamond.

Also Read: A Common Mistake to Avoid When Buying an Oval Diamond

Choosing an Oval Diamond:

When selecting an oval diamond, consider the following factors to ensure you make an informed and satisfying choice:

Cut Quality:

Opt for a well-cut diamond with excellent symmetry and minimal bow-tie effect. A professionally graded diamond report, such as one from the Gemological Institute of America (GIA), can provide information on cut quality.

Color and Clarity:

Choose a color grade and clarity grade based on personal preferences and budget constraints. While oval diamonds can hide certain inclusions well, aim for a balance that ensures a visually appealing stone without compromising on quality.

Setting:

Consider the setting style oval shape diamond that complements the oval shape. Popular choices include solitaire settings, halo settings, and three-stone designs. The settings for an oval diamond ring can enhance the overall aesthetic of the diamond.

Certification:

Ensure that the oval diamond comes with a reputable diamond grading certificate. GIA, AGS, and other respected gemological laboratories provide accurate and unbiased assessments of a diamond's quality.

Trends and Popularity:

Oval diamonds have experienced a resurgence in popularity in recent years, with many celebrities opting for this unique and sophisticated shape. The versatility of oval diamonds makes them a favorite choice for engagement rings, and their timeless appeal ensures they remain a classic option. 

The elongated shape of oval diamonds creates an illusion of longer and slimmer fingers, adding to their allure. Additionally, the brilliant-cut of oval diamonds maximizes their sparkle and fire, making them a stunning choice for any jewellery piece. 

Conclusion:

In the world of diamonds, the oval shape stands out for its elegance, versatility, and ability to combine traditional and contemporary aesthetics. The careful consideration of cut quality, symmetry, and personal preferences ensures that an oval diamond becomes a symbol of enduring beauty and individual style oval shape diamond. Whether chosen for an engagement ring, earrings, or a pendant, the oval-shaped diamond continues to capture hearts and make a lasting impression.

With V. Jayantilal & Co., you get the perfect ideal oval cut diamond. The oval diamond price is less as compared to the round diamond.

Oval Diamond Color Guide

Diamonds, renowned for their timeless elegance and allure, are evaluated based on various factors, commonly referred to as the "Four Cs": cut, color, clarity, and carat weight. In the realm of oval diamonds, color plays a pivotal role in determining their overall beauty. This article delves into the intricacies of oval diamond color, exploring which grade is deemed ideal for achieving maximum beauty.

Oval Diamond Color Meaning

The color of an oval diamond holds profound meaning, influencing both its visual allure and its appraisal in the realm of gemstones. In the context of oval diamonds, color is a nuanced characteristic that signifies the presence or absence of subtle hues within the stone. As diamonds are graded on a scale from D to Z, with D being completely colorless and Z exhibiting noticeable yellow or brown tones, the color of an oval diamond conveys its rarity and purity. A D-grade oval diamond, considered colorless, symbolizes pristine beauty and timeless elegance, reflecting light without any perceptible interference from color. 

Moving into the G-H range, near-colorless oval diamonds maintain a delicate balance between quality and value, showcasing minimal color that remains imperceptible to the naked eye. The symbolism of colorless diamonds lies in their representation of purity and a timeless, sophisticated aesthetic. 

However, the perception of color in oval diamonds is also influenced by factors such as shape, cut, and the presence of the bowtie effect, adding layers to the significance of color in these uniquely shaped gems. Ultimately, the Oval diamond color meaning is a harmonious blend of rarity, aesthetic beauty, and the personal preferences of those who appreciate the exquisite allure of these remarkable gemstones.

Also Read: A Common Mistake to Avoid When Buying an Oval Diamond

Understanding Oval Diamond Color Grading:

A scale from D (colorless) to Z (light yellow or brown) is used to grade diamond color. The Gemological Institute of America (GIA), a globally recognized authority on gemstone grading, meticulously assesses diamonds, assigning a grade based on their color appearance. However, for oval diamonds, the color grading is slightly nuanced. The GIA considers the color grading of oval diamonds based on their overall appearance, considering their shape and cut.

Factors Influencing Oval Diamond Color Perception:

Shape and Cut:

The elongated form of oval diamonds can influence how color is perceived. A well-cut oval diamond may exhibit better color dispersion, mitigating the impact of lower color grades. In addition to shape and cut, the presence of any fluorescence in an oval diamond can also affect its color perception. Fluorescence refers to the diamond's ability to emit a soft glow when exposed to ultraviolet light, and it can either enhance or detract from the diamond's perceived color.

Bowtie Effect:

Oval diamonds are susceptible to a phenomenon known as the bowtie effect—a dark shadow resembling a bowtie that may appear in the center of the diamond. The color within this area can be more noticeable, emphasizing the importance of color selection. The bowtie effect is caused by the way light interacts with the diamond's facets, and it can be more pronounced in oval diamonds with lower color grades. Therefore, when choosing an oval diamond, it is crucial to consider both the presence of fluorescence and the potential for the bowtie effect to make an informed decision about color selection.

Ideal Color Grade for Oval Diamonds:

Colorless Range (D-F):

Diamonds in the D-F range are considered colorless and allow for the maximum reflection of light, enhancing their brilliance. In oval diamonds, colorlessness is particularly advantageous, contributing to an overall vibrant and dazzling appearance. In addition to colorlessness, the ideal color grade for oval diamonds also depends on personal preference and the desired aesthetic. Some individuals may prefer a slightly warmer tone in their oval diamond, such as diamonds in the near-colorless range (G-J), as it can give a softer and more romantic look. Ultimately, it is important to consider both the technical aspects and personal preferences when selecting the ideal color grade for an oval diamond.

Near Colorless Range (G-H):

For those seeking a balance between beauty and budget, oval diamonds in the G-H range offer an excellent compromise. These diamonds often appear colorless to the naked eye while providing a cost-effective option. However, individuals who prioritize a truly colorless appearance may opt for oval diamonds in the higher end of the near-colorless range (G). Oval diamond prices are slightly higher but can provide a brighter and more brilliant look. It is essential to assess one's priorities and budget when deciding on the color grade of an oval diamond.

Balancing Color and Budget:

Personal Preferences:

Individual preferences play a significant role in the decision-making process. Some may prioritize absolute colorlessness, while others may find value in near-colorless options that allow for a larger carat size or better clarity within a given budget. Ultimately, the choice between absolute colorlessness and near-colorless options depends on personal taste and priorities. For those who prioritize a larger carat size or better clarity, opting for a near-colorless oval diamond may be the best choice within their budget. It is important to carefully consider these factors before deciding to ensure satisfaction with the final purchase.

Setting Considerations:

The choice of metal for the diamond setting can impact how color is perceived. For instance, a white gold or platinum setting may enhance the appearance of lower-color grade diamonds. On the other hand, a yellow-gold setting may complement the warmth of a near-colorless diamond. Additionally, the choice of prong style and setting design can also affect how much color is visible in the diamond. It is recommended to consult with a jeweller or diamond expert to explore all these factors and make an informed decision. In terms of style, you can design an oval diamond ring with almost any kind of setting, from vintage to side stone. However, there are some specific styles in which oval diamonds look amazing. We’ve outlined the best settings below with engagement ring inspiration (when you build your engagement ring, you can combine the oval with even more designs).

Expert Tips for Oval Diamond Color Selection:

Work with reputable jewellers:

Seek guidance from reputable jewellers who can provide insights into specific oval diamond characteristics. Their expertise can help you navigate the nuances of color grading. In addition, consider the shape and size of the oval diamond cut when selecting its color. Certain color grades may be more noticeable in larger diamonds, while smaller diamonds may be more forgiving in terms of color. It is also important to keep in mind personal preferences and the overall aesthetic you desire for your jewellery piece.

Consider the overall package:

While color is crucial, it is essential to consider the interplay of all four Cs. A well-balanced combination of cut, color, clarity, and carat weight contributes to the diamond's overall beauty. When selecting a color grade for an oval diamond, it is important to consider how it will complement the diamond's shape and size. The color grade should enhance the diamond's overall appearance and bring out its unique characteristics. Additionally, it is advisable to consult with a professional jeweller who can provide expert guidance and help you make an informed decision based on your specific preferences and desired aesthetic.

Conclusion:

In the realm of oval diamond color, the quest for maximum beauty involves a delicate balance between personal preferences, budget constraints, and the unique characteristics of oval diamonds. Whether opting for a colorless masterpiece or a near-colorless gem, the key lies in understanding the interplay of factors that contribute to the overall allure of these captivating gems. By navigating the spectrum of color grades with care and consideration, one can find the ideal oval diamond that not only meets but exceeds expectations in terms of beauty and brilliance. 

If you want to be certain you’re getting an oval-cut diamond that is clear and colorless, you can reach out to our experts here at V. Jayantilal & Co., for more information.

A Common Mistake to Avoid When Buying an Oval Diamond

Choosing the perfect oval diamond is an exhilarating yet intricate process that involves navigating through a myriad of considerations to ensure you make a wise and satisfying purchase. The allure of the oval shape lies in its elegant and elongated form, often praised for its ability to create an illusion of length on the finger. 

However, the journey to finding the ideal oval diamond is not without its challenges, as there are common pitfalls that prospective buyers may encounter.

In this blog, we will delve into the intricate details of the common oval diamond buying mistakes. From the essential considerations of the Four Cs – Cut, Color, Clarity, and Carat weight – to the often overlooked aspects like length-to-width ratio, bowtie effect, and symmetry, each facet contributes to the overall beauty and value of the diamond.

By understanding and sidestepping these potential pitfalls, you can empower yourself to make an informed and confident choice, ensuring that the oval diamond you select not only meets your expectations but also becomes a timeless symbol of elegance and enduring beauty. 

Join us on this insightful journey to unravel the intricacies of oval diamond selection, and discover the keys to making a purchase that reflects your unique style, values, and budget constraints.

To help you make an informed decision, let's delve into the details of these oval diamond buying mistakes and how to avoid them.

Also Read- The Ultimate Oval Diamond Buying Guide: Expert Tips and Advice

Neglecting the Four Cs:

  • Cut: The quality of the cut plays a significant role in the oval diamond's brilliance and overall appearance. When an oval cut diamond is well-cut, it exhibits a balanced and symmetrical shape, ensuring that light is properly reflected. To avoid this oval diamond buying mistakes, look for a diamond with a good cut grade. Avoid too shallow or deep diamonds, as they may lack sparkle.
  • Color: Oval diamonds are graded on a scale from D (colourless) to Z (light yellow or brown). While D-F diamonds are considered colourless and are highly prized, those in the G-J range are near-colourless and can offer good value without compromising on beauty. Consider your personal preference and budget when choosing the color grade that suits you.
  • Clarity: The presence of inclusions or blemishes can impact a diamond's clarity. Oval diamonds typically hide inclusions well due to their rounded edges, making them less visible. A clarity grade of VS1 to VS2 is often a good choice, as flaws are unlikely to be visible without magnification. You can save on clarity without compromising on the diamond's visual appeal.
  • Carat Weight: Carat weight affects both the size and cost of the diamond. While larger carat weights can be impressive, it's crucial to balance this with your budget and the overall quality of the diamond. A well-chosen balance between carat weight and the other three Cs ensures a stunning oval cut diamond.

Ignoring Diamond Certification:

A certified diamond provides a guarantee of quality and authenticity. Reputable gemological laboratories like GIA and AGS assess the characteristics of the diamond and provide a certification report. 

To avoid oval diamond buying mistakes, always ask for and verify the diamond's certification to ensure that the diamond's description matches what you're purchasing.

Not Considering the Length-to-Width Ratio:

The length-to-width ratio significantly influences the diamond's overall appearance. Oval diamonds come in various ratios, with a classic range typically falling between 1.30 to 1.50. However, personal preference plays a critical role. 

Some prefer a more elongated oval, while others prefer a balanced shape. To avoid this oval diamond buying mistakes, choose the best oval diamond ratio that aligns with your aesthetic taste.

Neglecting the Bowtie Effect:

The bowtie effect is a shadow or dark area that may appear in the center of some oval diamonds due to their cut. To avoid disappointment, carefully inspect the diamond in various lighting conditions to assess the presence and intensity of the bowtie effect. 

A well-cut oval diamond should have a minimal or imperceptible bowtie effect, as it can detract from the diamond's beauty.

Forgetting About Symmetry:

Good symmetry is vital for oval diamonds, directly influencing their overall appearance. Check if the diamond's two halves are mirror images of each other and if the points at each end align correctly. 

To avoid oval diamond buying mistakes, ensure that the diamond you choose displays excellent symmetry, as poor symmetry can result in an unattractive or unbalanced oval shape.

Inadequate Setting Consideration:

The choice of setting has a considerable impact on how the oval cut diamond looks when worn. Different settings complement oval diamonds differently. Halo settings, solitaires, and three-stone settings are popular choices. 

Ensure that the chosen setting enhances the diamond's appearance, complements your style, and provides security. Neglecting this aspect can result in a less-than-ideal presentation of the diamond.

Disregarding Personal Preferences:

While the four Cs and other objective factors are crucial, personal preferences should not be ignored. Oval diamonds come in a variety of shapes, and individual tastes vary. 

Take your time to explore various options and choose a diamond that resonates with your style and aesthetic preferences. What appeals to one person may not be the same for another.

Rushing the Purchase:

Impulse buying is a common mistake to avoid. Rushing the purchase without adequate research and comparison can lead to regret later on. Take your time to explore different options, visit multiple jewelers or browse reputable online retailers, and gather information to make an informed decision. 

A well-thought-out purchase is more likely to result in a diamond that meets your expectations.

Also Read - 9 Reasons to Buy Oval Shape Diamond

Focusing Solely on Price:

While sticking to your budget is essential, obsessing solely over the Oval diamond price factors can lead to sacrificing quality. 

Consider the value you're getting for your budget. Prioritize the factors that matter most to you. It's worth investing in a quality oval diamond that aligns with your preferences and that you'll cherish for a lifetime.

Disregarding the Seller's Reputation:

Be cautious about buying oval diamond online. Purchase from reputable jewellers with a history of ethical practices and quality products. 

Read reviews, ask for referrals, and ensure that the seller provides a clear return and exchange policy. Avoid buying from unknown or unverified sources, as it can lead to disappointment and potential issues down the road.

Purchasing an natural oval diamond involves careful consideration of multiple factors, including the four Cs, personal preferences, and budget constraints. 

Avoiding common oval diamond buying mistakes, such as neglecting the four Cs, ignoring certification, and not considering the length-to-width ratio, is crucial to ensuring that your oval diamond is a stunning and valuable investment. 

Take your time, do thorough research, and select a diamond that aligns with your style, values, and financial capacity. 

At V. Jayantilal & co., we are passionate about providing high-quality oval diamonds in different carat sizes and the best customer service. 

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