An instrument designed to estimate the market value of uncut, unpolished diamonds. These tools often incorporate multiple variables, such as carat weight, clarity grade estimates, color assessment, shape potential, and market trends, to arrive at a projected price range. For instance, a larger stone with high clarity and desirable color will, according to these systems, command a significantly higher valuation than a smaller, less clear stone with less appealing color characteristics.
Such devices are critical for stakeholders across the diamond pipeline. Miners use them to gauge the potential revenue of their finds. Manufacturers rely on them to assess the feasibility of cutting and polishing certain stones for profit. Investors utilize them to make informed decisions about diamond acquisitions and portfolio management. Historically, valuation was based largely on expert opinion and subjective assessment. The emergence of these methodologies has brought increased transparency and objectivity to this process.
