Ajay Anand is the founder of Rare Carat, a company which he describes as “a Kayak for diamonds,” referring to the discount airfare site. He founded Rare Carat after having a difficult time buying a ring for his then-girlfriend, now wife.
How does rare carat make money?
Like the travel site Kayak, Rare Carat is paid on a per-click basis; it does not make money off the final sale of a diamond. Two separate reports confirmed that buyers should be anxious when it comes to the price they are paying for a diamond. That exact diamond can often be found somewhere else for less.
Is rare carat publicly traded?
Rare Carat is an online marketplace and doesn’t stock or sell any of its own diamonds.
Is rare carat trustworthy?
Rare Carat itself explains this on its website: “A good deal score does not mean the diamond is high quality, just good value.” So that great price you found might be on a not-so-great diamond. The second drawback to using Rare Carat is that the company refers you to small vendors who may not be reliable.
Is a diamond rare?
Diamonds are not particularly rare. In fact, compared to other gemstones, they’re the most common precious stone found. Generally, the cost per carat (or weight of a gemstone) is based upon a stone’s rarity; the rarer the stone, the more expensive.
Is Blue Nile good value?
Is Blue Nile legit? Despite its low prices, Blue Nile is a completely legitimate business. Blue Nile diamonds are GIA certified. The reason why their prices are so low is because they operate on lower margins and do not have expensive brick-and-mortar stores.
Is Blue Nile better than James Allen?
Winner: James Allen
Blue Nile used to have the largest online diamond inventory, but James Allen has surpassed it in recent years. James Allen has over 330,000 loose diamonds, while Blue Nile carries over 220,000 loose diamonds. Both offer: Diamonds in 10 different shapes.
Who is Yadav jewelry owned by?
Yair (Jim) Yachdav (Yadav) – Company Owner – Diamond Imports INC/Yadav Diamonds and Jewelry | LinkedIn.
Which diamond cut looks biggest?
Round Diamonds Give the Illusion of a Larger Stone
Which diamond shape looks biggest? “In terms of shape, round diamonds look larger for their carat weight than many other cuts,” Kwiat says. “The circular cut is not as deep, so much of the weight is reflected in its size appearance.”
How much is a 1kt diamond worth?
According to diamonds.pro, a 1 carat diamond costs anywhere between $1,800 and $12,000. However, a quality diamond doesn’t just come down to size. When assessing stone value four very important factors are always taken into consideration – the four c’s of diamond quality: color, cut, clarity and carat.
Why do labs grow diamonds?
Lab-grown diamonds offer great value, as they are more affordable than natural diamonds of comparable size and quality. These cultured diamonds can be almost 30% less expensive than mined natural diamonds. … With lab-grown diamonds, there is increased transparency that leads to fair pricing and valuations.
Is a lab grown diamond real?
Do laboratory-grown diamonds look real? The short answer: Yes, because they are real diamonds. Lab grown and natural diamonds cannot be differentiated with the naked eye. They also have that same sparkle you’d look for in a natural diamond.
What is fluorescence in a diamond?
What is diamond fluorescence? Fluorescence is the glow you sometimes see when an object emits visible light. Some diamonds fluoresce when they are exposed to ultraviolet (UV) rays from sources like the sun and fluorescent lamps. This can cause them to emit a bluish light or more rarely, a yellow or orangy light.
Are pink diamonds rare?
Many people think that pink is a common enough colour for a precious stone, but it is actually so uncommon, a high quality one is a hot commodity. Diamonds are usually clear, brownish or yellowish in colour. The pink diamond is so rare; a whole year’s worth of supply can fit in the palm of your hand.
What is the rarest gem?
Painite : Not just the rarest gemstone, but also the rarest mineral on earth, Painite holds the Guinness World Record for it. After its discovery in the year 1951, there existed only 2 specimens of Painite for the next many decades. By the year 2004, there were less than 2 dozens known gemstones.
Who decided diamonds are valuable?
Diamond, although discovered first in India in 4th century BC, became a very valuable commodity in the 1800s when European women started wearing it at all important social events. The discovery of diamonds in South Africa in 1870s played a very important role in shaping the diamonds as we see them today.