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Diamond Carat Weight

Carat weight is the weight of the diamond measured in carats. One carat is divided into 100 "points," so that a diamond of 75 points weighs 0.75 carats. Carat weight is the most obvious factor in determining the value of a diamond. But two diamonds of equal carat weights can have very different prices, depending on their quality. Diamonds of high quality can be found in all size ranges.

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The scale above depicts the carat weights and diameter sizes of round diamonds. Other diamond shapes will vary. For example, while a 1 carat round shape diamond is 6.5mm on average, a 1 carat princess shape diamond is often 5.5mm instead. 

Since diamonds are measured by carat weight, and not size, two diamonds of the same weight could have different sizes. Why? If a diamond is cut too shallow it will have a larger diameter but a smaller depth. Likewise, if a diamond is cut too deep (or bottom heavy) it will have a smaller diameter and thus appear smaller when viewed from the top.