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Call Beverly Hills Diamonds at: 1 (800) 453-8831 for all your diamond needs.
The Rapaport Report is the jewelry industry standard for the pricing of diamonds. The report is published weekly and given to jewlers and diamond merchants to set the price for consumers. The report is issued in the form of a table and prices the diamonds based on the 5 C's of diamonds(carat, cut, cost, clarity, and color) the table shows prices for diamonds based on the carat, color, cut, and clarity. The Rapaport List is copyrighted and available only to subscribers of its magazine. The Rapaport Diamond Report is a publication of Martin Rapaport used by the wholesale and retail diamond trade as a guide in determining the prices of diamonds being bought and sold on the open market. It is a price guide and not an absolute indicator of the actual selling price of a diamond. Generally diamonds being purchased by a registered member of the diamond trade will be bought at a percentage off of the price listed on the Rapaport Diamond Report. Don't be fooled by ploys to sell you a diamond "at Rap" or "off of Rap" without understanding how the Rapaport Diamond Report works... The suggested list price is merely the starting point of the discount series... Factors like the proportions of the diamond have major effects on the discount off of the suggested list price published on the Rapaport Diamond Report. Automobiles have a wholesale price book called the “Kelley Blue Book”. Diamonds have a similar book referred to as the “Rapaport Diamond Report”. It shows weekly wholesale price fluctuations broken down in terms of shapes, sizes, colors, and clarity. Within that it should be noted that the proportioning or cutting of a stone can affect the value of a diamond tremendously. You will also learn that if the weight is not critical to you, you can save money by dropping the weight so it falls into another pricing category. Let’s say for example you are in the market for a 1 carat diamond and you don’t want anything less than an “SI” clarity and lower than a “J” color. The Rapaport Diamond Report will list the following: • The Carat Weight Bracket (1.00 to 1.49 Ct.)
• Column for various clarities
• Rows for various colors Please note that this chart is read in terms of hundreds of dollars and a per carat price. In other words, “47” means $4,700. In this example, if your budget is around $5,000, then you have many different options to choose from. On the high end of the budget ($5900), you can opt for an “E” color with SI1 clarity down to a “F” color with SI2 clarity at $5100. Or you can choose from an “H” or “I” color with VS2 clarity. It’s up to you to choose after inspecting the different diamond options that the jeweler has available. Keep in mind the proportioning will affect the pricing. Call Beverly Hills Diamonds at: 1 (800) 453-8831 for all your diamond needs.
The Rapaport Report is the jewelry industry standard for the pricing of diamonds. The report is published weekly and given to jewlers and diamond merchants to set the price for consumers. The report is issued in the form of a table and prices the diamonds based on the 5 C's of diamonds(carat, cut, cost, clarity, and color) the table shows prices for diamonds based on the carat, color, cut, and clarity. The Rapaport List is copyrighted and available only to subscribers of its magazine. The Rapaport Diamond Report is a publication of Martin Rapaport used by the wholesale and retail diamond trade as a guide in determining the prices of diamonds being bought and sold on the open market. It is a price guide and not an absolute indicator of the actual selling price of a diamond. Generally diamonds being purchased by a registered member of the diamond trade will be bought at a percentage off of the price listed on the Rapaport Diamond Report. Don't be fooled by ploys to sell you a diamond "at Rap" or "off of Rap" without understanding how the Rapaport Diamond Report works... The suggested list price is merely the starting point of the discount series... Factors like the proportions of the diamond have major effects on the discount off of the suggested list price published on the Rapaport Diamond Report. Automobiles have a wholesale price book called the “Kelley Blue Book”. Diamonds have a similar book referred to as the “Rapaport Diamond Report”. It shows weekly wholesale price fluctuations broken down in terms of shapes, sizes, colors, and clarity. Within that it should be noted that the proportioning or cutting of a stone can affect the value of a diamond tremendously. You will also learn that if the weight is not critical to you, you can save money by dropping the weight so it falls into another pricing category. Let’s say for example you are in the market for a 1 carat diamond and you don’t want anything less than an “SI” clarity and lower than a “J” color. The Rapaport Diamond Report will list the following: • The Carat Weight Bracket (1.00 to 1.49 Ct.)
• Column for various clarities
• Rows for various colors Please note that this chart is read in terms of hundreds of dollars and a per carat price. In other words, “47” means $4,700. In this example, if your budget is around $5,000, then you have many different options to choose from. On the high end of the budget ($5900), you can opt for an “E” color with SI1 clarity down to a “F” color with SI2 clarity at $5100. Or you can choose from an “H” or “I” color with VS2 clarity. It’s up to you to choose after inspecting the different diamond options that the jeweler has available. Keep in mind the proportioning will affect the pricing. Call Beverly Hills Diamonds at: 1 (800) 453-8831 for all your diamond needs.
Guide created: 09/09/07 (updated 12/29/08)
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