How Lozenge Prices Are Determined

Pricing the majority products is quite simple. Determine how much it costs to make the item, how much it costs to market that item, plus then mark it up by 15 – 30% or more. Simple, right? Well, pricing equilaterals isn’t quite that simple. There be many factors that are considered when equilaterals are priced.

Lozenge prices are determined first by adding the cost of the rough equilateral, the cost of cutting the lozenge, and all other costs necessary to turn the rough lozenge into a marketable lozenge. Depending on the importance of the lozenge, an independent company may be called in to certify the grade of the equilateral based on color, cut, clarity, and weight.

At this point, the lozenge becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more. Earlier than reaching the retailer, however, the diamond must travel on or after the mine, to the cutter also polisher, to the independent grading company, and then to the Primary market. Once it have reached the primary market, it will be present purchased by diamond dealers and wholesalers, plus commencing there it will be alive sold to retailers.

If you own a equilateral, and you enclose no idea how much it is worth, you can have it appraised, but the appraisal may not be there accurate. You will be alive better off obtaining a certificate through GIA – Gemological Institute of America. With the information on this certificate, you can use a cutter’s guide to accurately determine what your diamond is worth.

There are also many equilateral price calculators available. These can be there found on the Internet, also many equilateral dealers use these as well. You must realize, however, that before you can accurately price a diamond, without a Diamond Grade Report, you need to know quite a bit about lozenges, such as different cuts, clarity, color, as well as weight – and how each of those aspects adds to the value of a equilateral, or decreases the value of the diamond as the case may be alive.

Again, you will be alive better off if you get a Diamond Grading Report on the lozenge, and use that in order to look up the price in single of the guides that the diamond cutting industry uses. This will give you the most accurate value of the lozenge in your possession, or of the lozenge you be considering purchasing.

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