February 15

What Is the Cheapest Cut of Diamond? | Tight Budget? We Have You Covered!


Author: Paula Vysovska

Most diamonds are expensive, but some cuts are affordable and can fit your budget. Different diamond shapes have different prices. Most of the time, cuts like the Emerald diamond cut and the Asscher, which use more of the rough diamond shape, cost less per carat than the brilliant round cut. 

Key Takeaways

  • The price of diamond cuts depends mostly on its carat weight, color, and clarity.
  • The cheapest cut of diamonds are the Emerald cut and Asscher cut.
  • Round-shaped diamonds are more popular compared to other diamond shapes.
  • The rough diamond lost during cutting and polishing affects the carat weight and overall price of the diamond cut.
  • The most expensive diamond cut is the Round brilliant cut which is also the most popular.

What is the cheapest cut of diamond? The Emerald Diamond cut and the Asscher diamond cut is the cheapest. Even so, this doesn't make these diamonds any less beautiful. They are still very popular with buyers and could be the jewel on your partner's engagement ring. You can read more.

What Is the Cheapest Cut of Diamond?

As mentioned earlier, the Emerald diamond and the Asscher diamond shape are the cheapest cuts of diamond. These cuts are your best bet if you want to buy a diamond within your budget. We'll consider how they differ.

Let's jump in!

emerald diamond in a bubble

How Diamond Shapes Affect Prices of Diamond

A diamond's shape can impact its price, although it is not the essential factor. Cut, color, clarity, and carat weight primarily determine the diamond's cost. These factors, along with the demand for a particular shape, influence the price of a diamond.

A Round diamond shape is usually the most expensive diamond shape because of its popularity and demand. They are also harder to cut and polish, which makes them more expensive. 

Asscher, marquise, and emerald-shaped diamonds, which are less popular and harder to cut, are the cheapest diamonds due to their low demand.

Emerald Cut Diamond

Emerald cut diamonds are designed to enhance emeralds' natural beauty and color. The emerald cut is similar to a Baguette diamond cut and is either rectangular or square-shaped with cropped corners and step cuts on the sides, giving it a distinctive appearance. The cut has a large, open table, long, narrow facets, and minimal depth to emphasize the color and clarity of the emerald.

Due to the emerald cut's large table, diamond inclusions are easily visible. Therefore, selecting an emerald-cut diamond with a relatively good clarity grade is preferable. A VS1 grade or VS2 grade is best for most diamonds, but a high-quality SI1 grade can also work.

emerald cut diamond drawing

Asscher cut Diamond

The Asscher cut was first developed by the Royal Asscher Diamond Company in 1902. It is a square shaped cut with cropped corners and a deep pavilion, which gives it a unique, antique-like appearance. The cut has a large, open table, long, narrow facets, and a high crown, which help to highlight the clarity and color of the diamond.

Due to its resemblance to the emerald cut, Asscher cut diamond utilizes a relatively high proportion of the rough diamond. As a result, they usually give a higher value per carat than round-cut diamonds and other similarly shaped diamonds.

The International Gem Society says that a one-carat Asscher cut (G,VS2) costs $4,137 on average, making it one of the most affordable diamond shapes. In contrast, a one-carat Emerald cut with the same qualities costs $4,176.

asscher cut diamond drawing

Cushion cut Diamond

The cushion cut diamond has rounded corners and a pillow-like shape. Cushion cut diamonds have a soft, romantic look and can often appear larger than other diamonds of the same carat weight due to their rounded edges. They are also known for hiding internal flaws well, making them a good choice for diamonds with lower clarity grades.

The cushion cut diamond is one of the most economically advantageous fancy shaped diamonds. Since so little of the original rough diamond is lost during the cutting and polishing, cushion cut diamonds are highly affordable. One-carat cushion cuts generally cost $4740.

Cushion cut diamond drawing

Princess Cut Diamond

The princess cut diamond has pointed corners and a square shape that looks like an inverted pyramid. Princess diamond is now the second most popular after the brilliant round cut.

They are known for their brilliance and fire in engagement rings. Princess cut diamonds sparkle the most due to their pointed corners. The price ranges from $3,000 to $5,000, but the average price for 0.75-carat Princess cut diamonds is around $3,500.

princess cut diamond drawing

Marquise Cut Diamond

The shape of the marquise diamond cut is long and oval with points at the ends. The Marquise of Pompadour, the mistress of King Louis XV of France, inspired its creation in the 1800s.

The marquise diamond cut is long and thin, and it has 56 facets, which are small flat surfaces set in a certain way. This diamond shape makes it look slightly larger. One-carat Marquise cuts cost around $6,375.

marquise cut diamond drawing

Radiant Cut Diamond

Radiant diamonds are brilliant-cut diamonds that are square or rectangular and have cut corners. They are usually the cheapest diamond shapes. They look like princess cuts but have eight sides instead of four.

The radiant cut can bring out a diamond's color and make a diamond's shape stand out. Radiant cut diamonds look modern and stylish and are primarily for an engagement ring and other fine jewelry. One-carat radiant cuts cost around $4,970.

radiant cut diamond drawing

Oval Cut Diamond

As the name implies, oval cut diamonds are oval. This shape has a high level of durability and shines very well. Noticeably, the oval diamond cut looks big. Oval-shaped diamonds have a more elongated shape and slender appearance, which can create the illusion of size and make the diamond appear larger.

Oval cut diamonds use more rough stones and have a better value than round cut diamonds. So, this shape is an excellent choice if you want a large, impressive diamond but want to pay less than you would for a round brilliant cut. One-carat oval cuts generally cost $5,990.

oval cut diamond drawing

Pear-shaped Cut Diamond

The pear-shaped cut is a diamond cut with an extended, pear-shaped look with pointy ends. It is a blend of the brilliant round cut and the marquise cut, resembling a teardrop. Due to their distinctive shape, pear-shaped diamonds use more rough diamonds than brilliant round diamonds, making them a more cost-effective option.

This shape also hides inclusions very well, so an SI1 or SI2 clarity grade will still provide a lovely, eye-clean gemstone. One-carat princess cuts generally cost $6,130.

pear cut diamond drawing
different diamond shapes in the vintage frame


What Is a Poorly Cut Diamond?

Poorly cut diamonds don't reflect as much light, giving the diamond less brilliance and fire. They may have light or dark patches that make the diamond look dull.

Which Is the Most Expensive Diamond Cut?

The most expensive diamond cut is round brilliant cut diamonds. Partly because round is the most popular diamond shape and the most preferred by diamond cutters. The average price for a one-carat Round Brilliant cut is around $8,600.

What Is the Oldest Cut for Diamonds?

The oldest cut is the Polki diamond, also known as 'softly glowing like the moon. Their origin is from India, and they often retain their original rough form and have an unfaceted, polished surface.

How Do I Choose an Affordable Diamond?

Choose a diamond with less than 1 carat if you have a fixed budget. Choose a well-cut stone with lower grades for color and clarity to get the most sparkle and carat weight.

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About the Author:

Paula Vysovska

I have a strong background in editorial roles as well as content writing. I oversee all Diamond Explainer content on the topics related to fine jewelry, precious gemstones, and the diamond industry in general.

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