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Today the Rapaport list is considered the primary source of diamond price information. Once the 4C's are established (color, clarity, cut and carat) as with certified diamonds, the list serves as the starting point for establishing prices. To learn more about how diamond prices are achieved click here. The Rapaport list is a price guide and doesn't give the absolute actual selling price of a diamond. In addition, the list was designed for dealers of wholesale diamonds. The Rapaport Diamond list does not take into consideration the diamond cut. Such details as measurements, proportions, and finish can raise or lower the price drastically. Of course, whoever is closer to a source of wholesale diamonds will obviously get a better discount off the Rapaport list. Diamond wholesalers generally pay around 30% below list and jewelry stores may pay around 20% below. The final customer may pay the full price of the diamond as listed on the Rapaport list. The list is published every month and helps diamond wholesalers to keep track of changes in prices, although, even first time buyers can use it.
Note: The Rapaport Diamond List is protected by a copyright therefore we cannot show it in detail here. Customers beware: Being able to evaluate diamond prices can be confusing and takes time to learn. Even once the 4Cs are established and the diamond price located on the list, more evaluating components are needed.
Using the Rapaport List 4 simple steps are used in extracting diamond prices from the Rapaport list:
- STEP ONE: Locate the diamond color grade listed on the left.
- STEP TWO: Follow numbers horizontally (you may want to use ruler) until you are underneath the correct diamond clarity grading.
- STEP THREE: Multiply the number you have reached on the list by 100 in order to come to the carat price.
- STEP FOUR: Multiply the result you got in step three by the weight of the diamond thereby coming to the total diamond price according to the list.
Next you need to assess other factors like fluorescence, type of diamond cut, and angles in order to make a correct diamond purchase. Try to answer these practice evaluation questions. Use the sample Rapaport list below to try out your evaluating skills. WARNING!!!! The prices in the below SAMPLE RAPAORT LIST are completely inaccurate and in no way should be used in real life diamond purchasing scenarios. 
WARNING!!!! The prices in the above SAMPLE RAPAORT LIST are completely inaccurate and in no way should be used in real life diamond purchasing scenarios. Question: What would be the Rapaport list price for 2.30 ct diamond with a G color and VS1 Clarity Grading?
According to the sample list above you would first locate the number 60 which would be found in the G and VS1 cross-section. Take this number and multiply it by 100: 60 X 100 = 6000 - The price per carat Next multiply the price per carat with the total weight of the diamond: 6000 X 2.30 = 13,800 - The price of the diamond |