While pronounced the same, there are distinct differences between the terms Carat, Karat and Carrot. First off, the term CARROT is a vegetable. I learned quickly that mistaking the spelling of a vegetable for the description of gold or a diamond is very embarrassing. Secondly, most everyone who has bought a diamond or gold piece of jewelry has seen the marking, “K” or the reference to Carat next to a number stamped on the piece of jewelry or certificate. However, not everyone understands that the two labels hold different functions.
The term “Karat” is used to identify the purity of gold within a piece of jewelry. Every piece of gold jewelry is defined by the Karat of pure gold out of 24 total Karats. For example, an 18 Karat gold necklace, divided by 24K is 75% pure gold. A 14K necklace would only contain 58% pure gold. The percentage of pure gold within a piece of jewelry can drastically alter the value of a piece of jewelry. To further complicate matters, the fineness of gold varies throughout different parts of the world.
The term “Carat” is a measurement equal to 200mg. Since, 1570 the term was used to identify the weight of a diamond or a precious gemstone. Many certified buyers can determine a brief estimate of the weight of a stone simply by analyzing it through the naked eye. However, the most precise way is to place a diamond or other gemstone on a diamond scale. A one Carat diamond center stone of an engagement ring would appear much smaller then an engagement ring with a three Carat diamond center stone. One factor to note is the weight of a diamond is not the only criteria that determines a diamonds value in monetary terms. The color, cut, clarity as well as the demand for the particular diamond are other major determinants of the price of a diamond. Understanding what these terms of measure mean in regards to the value of jewelry is imperative for those interested in selling their diamonds and gold.
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