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Each grid has the clarity options on the horizontal line and the color options on the vertical line. In order to calculate the price of a diamond according to the Rapaport Price List, you need to know the size, color and clarity of the diamond. The price listed based on this information is in hundreds of dollars per carat. [3]
Martin Rapaport is the chairman of the Rapaport Group and founder of the Rapaport Diamond Report and RapNet, an online diamond trading network. [1] Known for his influential role in the diamond industry, Rapaport has been both a pioneer and a controversial figure, advocating for price transparency, ethical sourcing, and the commoditization of diamonds.
As an example, a 0.99-carat diamond may have a significantly lower price per carat than a comparable 1.01-carat diamond, because of differences in demand. A weekly diamond price list, the Rapaport Diamond Report is published by Martin Rapaport, CEO of Rapaport Group of New York, for different diamond cuts, clarity and weights. [33]
Even though rough diamond prices are falling, buying a one-carat round diamond at the store is on average 3% more expensive now than it was in January 2020, he said.
“First and foremost, the massive success of lab-grown diamonds has reduced prices for natural stones well beyond what the mining industry had expected, driven largely by consumers who want more ...
Since the 1950s, techniques can produce gem-quality diamonds of essentially any desired chemistry in sizes up to about 1cm. [6] Although some manufacturers do label their synthetic diamonds with serial numbers, there is no guarantee that a given diamond is not man made, although sometimes an unnatural chemical composition or pattern of flaws may suggest a diamond is synthetic.