Pricing a 2 Carat Diamond Ring - Ken & Dana Design (2024)

What Features to Focus on with a 2 Carat Diamond

If you’re planning on purchasing a 2 carat diamond, make the most of your budget by focusing on the cut and the clarity. As diamonds get larger, it is easier to notice imperfections with the naked eye. A diamond’s cut refers to the angles, proportions, and facets of a diamond that will reflect light back to your eye. When a diamond is cut very well, the light being reflected back will showcase the diamond’s brilliance, fire, and scintillation. All that accounts for the level of sparkle it exhibits.

Aside from an excellent cut, evaluating clarity is essential for larger diamonds. Compared with a 1 carat diamond, 2 carat diamonds generally have a larger table – the flat top part of the diamond – meaning you’re able to see more inside the diamond. The clarity grade of the diamond indicates how many inclusions or blemishes are present and visible under magnification. For clarity, you’ll want to look for an eye-clean diamond. Eye-clean means that a diamond’s imperfections can’t be seen to the naked eye – really important for a larger table.

On the GIA diamond clarity scale, it’s best to focus on diamonds in the VVS1-VS2 range. It’s likely that those in the VVS range will appear eye clean. With some time and effort, you may also be able to find a 2 carat diamond in the VS range that could appear eye-clean to you, or maybe has inclusions near the edges that can be covered by a prong.

Finally, you should consider a diamond's color because the price difference between color grades can be significant. Since a 2 carat diamond is larger, you will be able to see color more easily than in a 1 carat diamond. However, it’s difficult to detect slight color differences at all without comparing diamonds side by side. Diamonds in the G to I will generally appear colorless, and a J or K diamond can look vibrant and lovely in a yellow or rose gold setting. Look within these ranges to not pay for a feature you simply won’t notice.

Pricing a 2 Carat Diamond Ring - Ken & Dana Design (2024)

FAQs

How much should I expect to pay for a 2 carat diamond? ›

On average, you can expect the cost of a 2 carat diamond to widely vary depending on its shape, cut quality, clarity, color, and whether it's a naturally mined or lab diamond. The varying cost can range from $5,000 to $50,000 or more.

How much can I sell my 2 carat diamond? ›

2 carat round diamond prices usually range from $5,715 to $47,943 with an average price of $19,791.

How much is my diamond ring worth to sell? ›

While the factors above all influence the resale price of an engagement ring, in general you can expect to get 20-45% of the original retail price. If you sell your ring to a jeweler, this number will be affected by their markup.

How do you evaluate the price of a diamond ring? ›

The easiest way to estimate the value of a specific diamond is to look at prices for similar diamonds available for sale from online and local jewelers. Online jewelers tend to offer lower and more transparent prices, which is a more realistic indication of your diamond's actual value.

Is a 2 carat diamond flashy? ›

2-carat diamonds are flashy and valuable. They tend to look larger (depending on the shape) than their carat weight suggests. And, because they are large, to begin with, you likely won't ever feel like you have to upgrade to something bigger.

Is a 2 carat diamond considered to be big? ›

A 2-carat diamond is considered large compared to the average size of diamonds used for engagement rings. The average diamond size for engagement rings is around 1.0 to 1.5 carats. Therefore, a 2-carat diamond stands out significantly and offers a more pronounced appearance on the finger.

How can I sell my diamond ring for the most money? ›

Selling to a trusted diamond and jewelry buyer will ensure you receive a fair price for your jewelry and are 100% confident in your decision. Having a trained GIA appraiser evaluate your diamond ring will ensure you receive top dollar and the most value for your ring.

Are diamonds worth more now than 40 years ago? ›

Yes, the average diamond price has increased from 1960 to today.

Are old diamonds worth anything? ›

The worth of old diamonds compared to new or lab-grown diamonds depends on various factors, including rarity, quality, and ethical considerations. Old diamonds can be exceptionally rare and unique, making them valuable to collectors and enthusiasts.

Can a jeweler tell you how much a ring is worth? ›

You should not pay for an appraisal; a local jeweler should able to answer your questions free of charge. Even if they only give you an approximate idea of the details of your ring, this information will help a ring buyer provide you with an initial price range.

What is the best time of year to sell a diamond ring? ›

The best time of year to sell your engagement ring for the highest price is during October, November, and December. During this period, more people are looking to purchase diamond jewelry for holiday gifts, so there is a higher demand in the market and prices tend to be higher.

How do pawn shops determine value of diamond ring? ›

Pawn shops typically assess the value of diamonds based on several factors, including the diamond's carat weight, cut, color, clarity, and current market conditions. The amount pawn shops offer can vary widely based on these factors and the shop's own policies.

Is a 2 carat diamond a good investment? ›

While prices vary depending on where you purchase your 2 carat diamond, a 2 carat diamond could be worth four times more than a 1 carat diamond. This can make it a good investment, whether you want to keep it forever or trade it in for a larger or different diamond in the future.

Is a 2 carat diamond too much? ›

That being said, and as big and bold as it may be, a 2-carat diamond ring shouldn't feel too large or bulky on your finger, especially if you opt for a diamond cut that is a bit shallower and is placed in a setting that doesn't protrude too high off the band itself.

How much should diamonds actually cost? ›

Current Diamond Price Chart – Updated June 2024
Diamond Carat WeightPrice (Per Carat, Round Brilliant Cut)Total Price
0.50 carat$990 – $5,000$495 – $2,500
1.00 carat$2,000 – $14,000$2,000 – $14,000
1.50 carat$3,300 – $24,000$4,400 – $30,000
2.00 carat$4,200 – $29,000$8,400 – $58,000
3 more rows

What is the ideal carat for a diamond? ›

Hand Size and Finger Shape

For people with thin fingers, the diamond will appear larger than it is. If your fingers are smaller than a 6.5 ring size, most consider a 1.0 carat or a stone that is under 1.50 carats. If your fingers are larger than a 6.5 ring size, it's recommended that you can easily wear 1.50-2.0 carat.

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