CDG Diamond Pricing & Valuation 3

Question 1

A 1.05 ct, F/VS1 round brilliant sells at $8,000 per carat. What is the total retail price of the diamond?

Accepted Answer

$8,400

Answer

Total price equals per-carat price multiplied by carat weight: $8,000 × 1.05 = $8,400.

Question 2

What is 'replacement value' in a diamond appraisal context?

Accepted Answer

The retail cost to replace the diamond with one of similar kind, quality, and size

Answer

Replacement value is the retail cost an owner would pay to replace a lost or stolen diamond with one of comparable quality, and is the standard basis for insurance appraisals.

Question 3

On the Rapaport price sheet, how are diamonds organized?

Accepted Answer

By carat weight range, then color grade, then clarity grade

Answer

The Rapaport sheet is organized into tables by carat weight range, with rows representing color grades and columns representing clarity grades, giving a per-carat price for each combination.

Question 4

A fancy intense yellow diamond is being valued. Which color saturation factor commands the highest price within the fancy yellow category?

Accepted Answer

Fancy Vivid Yellow

Answer

Fancy Vivid is the highest saturation grade for yellow diamonds and commands significant premiums over Fancy Intense or lower grades due to its rarity and visual impact.

Question 5

What is a 'parcel' in the diamond trade, and how does parcel pricing typically work?

Accepted Answer

A collection of mixed-quality stones sold together at one blended per-carat price reflecting average quality

Answer

A parcel is a lot of multiple diamonds sold together, priced at a blended per-carat rate that reflects the average size, color, and clarity of the stones in the lot.

(CDG) Certified Diamond Grader Practice Test

(CDG) Certified Diamond Grader Practice Test

CDG Diamond Pricing & Valuation 3