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As you begin to research your engagement ring purchase, all the knowledge you need can be overwhelming. It is our hope that we can help you have fun in your search. This article covers the most basic information about diamonds. The "Four C's" (cut, color, clarity and carat) determine the value of your diamond. So, what do you need to know about them?

Cut
You may have already decided on the shape for your diamond. The "shape" is not the same as the cut. Each diamond comes from the mine with a unique set of characteristics. The person who cuts the diamond must decide which shape will be best for that stone. The most popular, and therefore the most costly, shape is the round brilliant. All the others, such as oval, marquise, pear, and emerald are called "fancy shapes".

Sit and imagine your ring on the hand of your bride. Is it brilliant and fiery, flashing and sparkling as she moves? If so, your diamond has qualities called brilliance, fire and scintillation. Is your diamond cut symmetrically and well-proportioned to reflect the light? What grade of cut does your diamond have? Cuts are given grades of VG (Very Good), G (Good), M (Medium), or P (Poor).

If your diamond is cut into a fancy shape, look at it from the top and from the side. The halves should match perfectly. If not, the diamond cutter may have chosen to save weight and sacrifice symmetry. If your diamond is cut in a fancy shape such as marquise, pear or heart, it will have points on the ends. Check to see that the points are thick, to endure wear. If not, the points could be chipped over the years.

Color
The color of your diamond is totally up to you. So, here are some tips to help with that choice. Colorless (or white) diamonds are graded on a color scale from "D" colorless to "Z" light yellow. D to F carry the most value, but the color in diamonds graded G to I is still not detectable to the naked eye. J to M diamonds contain a faint hint of yellow. Diamonds from M to Z contain increasing amounts of yellow tint. As colored diamonds continue to grow in popularity, more people are choosing tinted diamonds. If your personal preference is warmer tones, you may just get a great bargain on a beautifully cut diamond.

Clarity
An appraiser uses a magnifying glass, called a loupe, that magnifies 10 times to look into the interior of your diamond. You can do this on your own. Look for impurities, called inclusions in the trade. Of course, diamonds are formed naturally, so most inclusions are foreign materials planted in the diamond millions of years ago. A good diamond cutter will cut and polish to take care of the obvious inclusions. Grades go from IF (internally flawless: a completely pure diamond) to I3 (impurity visible to the naked eye). Obviously, the more clarity in a diamond, the greater the value. You don't want a diamond with inclusions you can see with the naked eye.

Carat
So now, to the bottom line, the price of the diamond you have chosen. Diamonds are priced per carat (the diamond's weight). One carat is 200 milligrams. Taking into consideration all the other characteristics, the diamond's value is determined and multiplied by carat.

Carat weight is not the most important characteristic in determining a diamond's value. Cut is far more important. So, look first for a diamond with an exquisite cut, then if it is the color you like and has acceptable clarity, you have found your engagement diamond.

Find out the other things you need to know about the four C's of diamond buying at EngagementRingTrends.com where we've already done the research for you. Check out the latest trends engagement ring styles and browse through our list of online retailers where you can find the perfect diamond at a reasonable cost.

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