2 carat diamond rings are truly setting the standard high. They are amazing and definitely make an impact. I never heard of anyone not wanting a two carat diamond…
The only problem with a two carat diamond ring is that it’s price ranges from roughly $6,000 to $60,000! And in other words, a 2 carat diamond ring costs anywhere from a small car to a small house!
Diamond’s weight is measured in carats. A diamond carat is one-fifth of a gram (5 grams are equal to 1 carat). When speaking of 2 carat diamonds, usually we speak of diamonds weighing from roughly 2.00 to 2.20.
I would like to repeat and emphasise something because it is important to understand – a carat is a weight unit, not a size. True, there is a strong correlation between the two, but it’s not a must. Just like you can encounter a 120lbs man that would look bigger than a 130lbs man, you can find a 1.90 carat diamond that would appear bigger than a 2 carat diamond.
But, if the diamond is cut “by the book” to the ideal cut of its shape, then yes. A bigger carat weight would also be interpreted as a bigger diamond.
A 2 carat diamond ring is a ring where the centre stone is a 2 carat diamond. A 2 carat diamond ring is a ring where the total carat weight is 2 carats.
Diamonds are priced per carat. There is a value per carat that is based on the quality of that diamond and to learn the cost of the diamond you need to multiply it by the carat weight.
For example, if you have a 2.2 carat oval diamond with G colour and VS1 clarity that is valued at $10,000 per carat – the total cost of the diamond is $10,000 * 2.2 = $22,000.
What dictates the cost per carat of the diamond is its attributes. Things like its colour grading, clarity, shape, fluorescence and more. But also its carat weight. Since bigger jewellery quality diamonds are far harder to find than smaller ones, the price per carat of two diamonds that are perfectly the same aside from their weight can be extremely different.
This is why the price per carat of diamonds goes up exponentially as weight goes up. The combined price of two 1 carat diamonds would cost much less than the price of one 2 carat diamond of the same quality.