3 Carat Diamond Ring: Perfect Ring Without Overpaying
Shopping for a 3-carat diamond engagement ring? Learn how much you can expect to pay and tips so you don't get ripped off.
A 3-carat diamond is the ultimate showstopper. It demands to be the center of attention.
The number 1 question on shoppers' minds is: how much does a diamond of this size cost?
In this article, we'll go over how much you can expect to pay for a 3-carat diamond. We also give tips on how to shop for one to get the best value.
In this guide:
- How Much Does a 3 Carat Diamond Cost?
- How Big is a 3 Carat Diamond?
- Tips for Shopping for a 3 Carat Diamond
HOW MUCH DOES A 3 CARAT DIAMOND COST?
First, understand that the price per carat increases exponentially. A 3-carat diamond is not simply three times the price of a 1-carat diamond (of the same characteristics). It's actually something like almost 10 times!
This is because smaller diamonds are more common. It's extremely rare to find a piece of rough material that is good enough to be cut into a 3-carat diamond.
So how much does a 3-carat stone cost? Well, it could cost anywhere between $20,000 to $240,000.
That's a ridiculously huge range. This is hugely dependent on the quality of the stone. Almost flawless and colorless diamonds will be in the hundreds of thousands range. Diamonds with visible flaws and a yellow tint will be on the lower end of the price spectrum.
The good news is that you don't have to spend anywhere near $240,000 for a perfectly fine rock.
For a more detailed pricing list, we put together the following chart. This chart shows the price ranges of a 3-carat, ideal cut, round diamond.
3 Carat Diamond Round - Ideal Cut
The shape of the diamond matters too. Round brilliant diamonds are always the priciest, as the most rough material is lost in their making. Fancy shapes can cost as much as 40% less.
To help you get an idea, here's the price chart for fancy shaped diamonds.
3 Carat Diamond - Fancy Shaped
It also further depends on which shape you choose. Asscher, marquise, and oval tend to be on the higher end pricewise, while emerald and cushion tend to be the least inexpensive.
This is another great thing to keep in mind if you are intent on purchasing a 3-carat diamond, but on a smaller budget.
HOW BIG IS A 3 CARAT DIAMOND?
A 3-carat diamond may cost almost 10x more than a 1-carat diamond of the same specs. But its surface area is really just about double the size - 69.4mm2 for 3-carat vs. 33.2mm2 for 1-carat.
Here's an illustration to show how a 3 carat diamond looks compared to other carat weights:
|Round Diamond Carat Size Chart © CreditDonkey|
And here is how 3-carat diamonds of different shapes compare:
|3 Carat Diamond - Size Illustrated © CreditDonkey|
Even though these are all 3 carats, you can see that they don't all look like the same size. Round and asscher cuts are notorious for looking the smallest, while marquise, pear, and emerald cuts are known for appearing larger.
TIPS FOR SHOPPING FOR A 3 CARAT DIAMOND
Buying a diamond of this size gets trickier. Because they are larger, it's easier to see flaws and slight tints. But don't worry, this doesn't mean you need to splurge for a colorless and flawless rock.
Here are some tips to get the best value for your 3-carat diamond.
- Cut is the most important: Always put whatever money you have into the best cut possible. Cut is what makes a diamond brilliant and beautiful. If you have a certain budget, go down in color and clarity as much as you can before you consider going down in cut. (Or consider a smaller diamond or a different shape that looks larger.)
In other words, do not sacrifice cut just to meet this 3-carat mark. For a rock this large, the last thing you want is one that doesn't sparkle.
- Color: Larger diamonds reveal tints of color more easily. But it doesn't mean you need to splurge for a colorless diamond. If you prefer an icy white look to your jewelry, we recommend that you don't go below a G (or H if you're not too color sensitive). If you don't mind a warmer look or plan to set the diamond in a yellow gold band, then an I or J could look beautiful.
- Clarity: Larger diamonds also show more flaws as their facet sizes are larger. So it becomes more important to make sure that it's eye-clean. Usually, we recommend VS1 clarity to be on the safe side if you're buying from an online store without viewing Idealscope and/or ASET images first. But in reality, you can go down to VS2 if you are able to see actual photos/videos of the diamond to verify that it's eye-clean.
- Shop online: 3-carat diamonds are very rare. And we guarantee that your local jeweler will not just happen to have a bunch in their collection. You may be stuck with just one or two choices, and neither may be within your budget or preferred specs. Online stores have a much bigger selection. You'll have so many more options to choose from, so you can pick one with the qualities you want.
Our favorite online store is James Allen. They have a sizeable selection of 3-carat diamonds at all price ranges, specs, and shapes. The best part is their 360-degree HD videos for every diamond in their collection. So you can spin them around to pick the one that appears eye-clean.
We hope this guide gave you an idea of what you can expect to pay for a 3-carat diamond. Before you start shopping, make sure you understand how diamonds are priced. This way, you don't overpay for features that you cannot even see. Our beginner's guide to best value explains what to look for and what you can "go cheap" on.
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