For example, a "One Carat Diamond" and a "One Carat Diamond Ring' are two different things. A one carat diamond is a single diamond with the weight of one full carat; whereas, a one carat diamond ring is often made up of multiple smaller diamonds that total one carat in weight. Generally-speaking, a one carat diamond is rarer and more expensive than a ring made up of many smaller diamonds equalling one carat. Many advertisements promote rings as one carat diamond rings, which could be somewhat misleading. Knowing the carat weight of the main diamond is important because a single large diamond is likely worth more than many smaller ones. When comparing prices, it is important to remember this difference.
The Myth that "Bigger is always Better" is something else to think about. There are several factors that define the quality of a diamond. While the Carat describes the weight or size, the Cut, Clarity and Colour also contribute to a diamond's quality and value. These factors are commonly known as the 4 C's. Considering ALL four features, will give you the most accurate value. If you focus on size alone, you could find yourself paying too much. Yes, it may look big; however, if the quality is poor, it may not be the best choice. When purchasing your next Diamond Ring, it may be wise to consult with your personal Professional Jewellery before doing so.