0.20 Carat Diamond Price in the Philippines: What to Expect
When it comes to purchasing a diamond, the Philippines is a popular destination for many. With a wide range of diamond merchants and jewelers, the country offers a competitive market for diamond buyers. One of the most sought-after diamond sizes is the 0.20 carat diamond, which is an ideal size for a solitaire pendant, earrings, or a small diamond ring. In this article, we will explore the 0.20 carat diamond price in the Philippines and what factors affect its cost.
Factors Affecting the Price of a 0.20 Carat Diamond
The price of a 0.20 carat diamond in the Philippines is influenced by several factors, including:
Cut
The cut of a diamond refers to its proportions, symmetry, and polish. A well-cut diamond refracts light better, giving it more brilliance and fire. The cut of a 0.20 carat diamond can range from excellent to poor, with prices varying accordingly.
Color
The color of a diamond is graded on a scale from D (colorless) to Z (light yellow or brown). The closer to colorless the diamond is, the more valuable it becomes.
Clarity
The clarity of a diamond refers to the presence or absence of inclusions and blemishes. The clarity scale ranges from FL (flawless) to I (included).
Certification
Diamond certification is a report from a reputable organization, such as the Gemological Institute of America (GIA) or the International Gemological Institute (IGI), that verifies the diamond's quality and authenticity.
Carat Weight
The carat weight of a diamond is a major factor in its price. A 0.20 carat diamond is considered a small to medium-sized diamond.
Price Range for a 0.20 Carat Diamond in the Philippines
The price range for a 0.20 carat diamond in the Philippines can vary depending on the factors mentioned above. Here are some approximate price ranges:
- Low-quality 0.20 carat diamond: PHP 15,000 - PHP 30,000 (approximately USD 300 - USD 600)
- Mid-quality 0.20 carat diamond: PHP 30,000 - PHP 60,000 (approximately USD 600 - USD 1,200)
- High-quality 0.20 carat diamond: PHP 60,000 - PHP 120,000 (approximately USD 1,200 - USD 2,400)
Where to Buy a 0.20 Carat Diamond in the Philippines
There are several places where you can buy a 0.20 carat diamond in the Philippines, including:
- Local Jewelry Stores: Visit local jewelry stores in major cities like Manila, Cebu, or Davao.
- Online Jewelers: Shop online from reputable jewelers that offer diamond certification and a 30-day return policy.
- Diamond Wholesale Markets: Visit wholesale markets in areas like Cubao or Greenhills, where you can find a variety of diamonds at competitive prices.
Conclusion
The price of a 0.20 carat diamond in the Philippines can vary depending on several factors, including cut, color, clarity, certification, and carat weight. By understanding these factors and considering your budget, you can find a beautiful 0.20 carat diamond that suits your needs. Remember to shop from reputable sources and consider certification to ensure the authenticity and quality of your diamond.
