If you’re considering purchasing a 0.50 carat, 1 carat or 2 carat diamond ring in Thailand, you’re probably wondering how much it will cost. Understanding the price range is essential for making an informed decision. In this comprehensive guide, we’ll explore the factors that influence the price of a diamond ring.
Before diving deep into the price lists below, a common question people ask is if it is cheaper to buy a diamond ring in Bangkok compared to anywhere in the world? This question has been answered by other popular blog articles – Where and how to buy diamonds in Bangkok, Thailand? Or Where to buy the cheapest diamond in Bangkok, Thailand?
Before understanding how much a diamond costs first we have understand the basic 4Cs which I have summarized below.
The Diamond 4Cs
Diamond Quality (4Cs)
The price of a diamond is significantly influenced by its quality, often assessed using the 4Cs: Carat, Cut, Color, and Clarity.
- Carat: This measures the diamond’s weight. 1 carat = 0.20 grams. Larger the carat weight the higher the price.
- Cut: A well-cut diamond reflects light beautifully, enhancing its sparkle and value. We gemologists call this as Fire, Brilliance & Scintillation of a diamond
- Color: Diamonds range from colorless to light yellow. Colorless diamonds are considered more rare and thus more expensive.
- Clarity: This refers to the presence of internal or external flaws. The fewer the flaws, the higher the value. Also type of inclusions, where they are located affects the price of the diamond
Please note, when compiling these tables I made the following assumptions. If you decide to change any of these assumptions prices will change accordingly.
ASSUMPTIONS
CUT SHAPE
Only Round Brilliant Diamond prices are provided below. For fancy cut diamonds, there is a different price list and in general the price is lower than equivalent size round brilliant.
CUT, POLISH, SYMMETRY GRADE
All the diamonds in this list are what we call in the trade Triple Excellent Cut Grade. That means excellent cut, excellent polish, and excellent symmetry. If a “Very Good” grade or lower grades are acceptable this will drop the price down from 5% to 10% (on average).
CERTIFICATE
All diamonds are either graded & certified by GIA or AIGS. If you are planning to purchase an HRD, IGI, EGL, or no certificate diamond this will reduce the price drastically.
FLUORESCENCE
All diamonds in the list below are either none or no fluorescence. If fluorescence is acceptable like Faint, Medium, Strong, or Very Strong, this will ‘generally’ reduce the price of the diamond.
NO BGM (NO Brown, Green or Milky Shade)
In the trade, diamonds that have brown, green, or milky color shades are considered inferior and sold at a discount.
WEEKLY DIAMOND PRICE LIST
Diamonds are priced based on a price list that is published every week. All dealers, wholesalers, or retailers use this as a reference point when buying any diamond transaction. These price lists do change based on market conditions.
From this price list dealers or wholesalers will almost always get a discount price. While retailers will sell at the list price or higher. This is true in Bangkok or retail dealer globally.
DIFFERENT DISCOUNTS FOR DIFFERENT DIAMOND GRADES
Please note for higher color and clarity diamonds. Dealers usually get on average a larger discount. While for lower color (H or below) and clarity (VS2 or below) the discounts are lower.
Again this is because the price for higher grade diamonds starts at a much higher point and therefore can afford larger discounts. All prices below are also just estimates and if you are interested in buying a diamond ring do contact us for actual diamond pricing based on your criteria.
HOW MUCH IS 0.50 CARATS DIAMOND COST?
0.50 carats Diamond Price List (wholesaler 10% discount average) – Last update 07 June 2024:
Thai Baht to USD Exchange rate of 36.33
The price range for 0.50 carat diamond in Bangkok ranges from
- Low Quality (Lower Color and Clarity below J color & SI1 clarity): 8,200 Thai Baht to 26,150 Thai Baht
- Medium Quality (Mid-range Color and Clarity from G-VS1 to I-VS2): 34,350 Thai Baht to 45,800 Thai Baht
- High Quality (High Color and Clarity from D-IF to F-VVS2): 58,850 Thai Baht to 106,300 Thai Baht
HOW MUCH IS 1 CARAT DIAMOND COST?
1.00 carats Diamond Price List (wholesaler 15% discount average) – Last update 07 June 2024:
Thai Baht to USD Exchange rate of 36.33
The price range for 1.00 carat diamond in Bangkok ranges from
- Low Quality: 30,880 Thai Baht to 117,350 Thai Baht
- Medium Quality: 160,580 Thai Baht to 253,220 Thai Baht
- High Quality: 318,000 Thai Baht to 599,000 Thai Baht
HOW MUCH IS 2 CARATS DIAMOND COST?
2.00 carats Diamond Price List (wholesaler 15% discount average) – Last update 07 June 2024:
- Low Quality: 80,300 Thai Baht to 494,000 Thai Baht
- Medium Quality: 630,000 Thai Baht to 1,019,000 Thai Baht
- High Quality: 1,359,000 Thai Baht to 2,408,000 Thai Baht
COST OF MAKING THE RING (18K WHITE GOLD & PLATINUM):
One thing you will get cheaper in Bangkok than most places around the globe is the cost of making the ring as labor charges are generally a lot cheaper here.
Simple solitaire 18k white gold ring (US Ring size 5 to 6.5): US$450 or Thai Baht 16,500
Example:
Simple solitaire 18k white gold ring with side diamonds: US$750 to US$800 or Thai Baht 27,250 to 29,000
Example:
Simple solitaire Platinum ring: US$750 to US$850 or Thai Baht 27,250 to 29,000
Platinum ring with side diamonds: US$1,000 to US$1,200 or Thai Baht 36,500 to 43,600
Thai Native Gems Diamond Search & Custom Engagement Ring service:
If you are in the market looking for the best diamond and custom hand made engagement ring. Contact Us. Let us know what your budget is and what you are looking for.
From this initial information, we will swiftly find and email you 4 to 5 center diamond options. Unlike other traditional or online dealers, I am not looking to sell you anything. But will provide you honest, frank and objective opinion in what we think is best in the budget you offer.
This service is free, and there absolutely no commitment to buy any of our suggestions. The only thing you have to do is not respond to our email and you won’t hear from us again! So, you truly have nothing to lose!
How do we compile this diamond list? Our search process is provided below:
1) We first will contact our local diamond supply network and check if there are any stones that fit your requirement in Bangkok. We have over 50 contacts in Bangkok and will check ALL to make sure we can provide you the best deal.
2) If not satisfied, we will then check online through our extensive global network sifting through over 900,000+ diamonds. and will find you the best diamond. The only setback when choosing the diamond from this global list is, it can take one to two weeks to arrive to Bangkok.
What type engagement rings can you make and how are they made?
1) We usually set our engagement rings in 18k yellow or white gold or 950 platinum settings. Our rings are all hand-crafted and made by highly skilled Thai craftsmen.
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Contact us today to get all your wholesale gemstones, diamonds and jewelry needs. We can Source, Search and Supply anything you require.
- Start a conversation with us at FB.com/ThaiNativeGems/
- Get wholesale and highly competitive prices of gemstones & diamonds from anywhere through our extensive network of contacts around the world
- All stones sold by us is verified in house by our GIA Graduate Gemologist or certified
- We provide personalized service and NOT the same old “One Size Fits All” Approach
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