Why Are Oval Diamonds Cheaper Than Round Diamonds?

Introduction

Did you know that the average consumer is becoming increasingly conscious of ethical jewelry choices? The rise of sustainable and conflict-free diamonds reflects a broader trend in consumerism where quality and responsibility are equally valued. This shift has led many to explore alternatives to traditional diamond cuts, sparking interest in oval diamonds.

At DiamondsByUK, we believe that luxury doesn't have to come at the cost of ethical considerations. Our mission is to redefine luxury by making sustainable, conflict-free diamond jewelry accessible to all. As we delve into the fascinating world of oval diamonds, we invite you to consider not only their beauty but also their affordability compared to the more traditional round diamonds.

Are you dreaming of a piece of jewelry that’s as unique as your story? In this blog post, we will explore the various factors that contribute to the pricing of oval diamonds versus round diamonds. We will explain the characteristics of these two popular diamond shapes and why oval diamonds often come at a lower price point. Additionally, we will showcase our stunning collection of lab-grown diamonds, highlighting our commitment to sustainability, craftsmanship, and customer focus.

Join us as we navigate the captivating world of diamonds, where beauty meets ethical luxury.

Understanding the Basics: Diamond Shapes

To fully grasp why oval diamonds are generally more affordable than round diamonds, it's essential to understand the different shapes and their respective characteristics. Diamonds are categorized by their cut, and the shape significantly impacts their appearance, brilliance, and value.

The Round Diamond

Round diamonds are the most popular and traditional diamond shape. They are renowned for their brilliance and sparkle, achieved through a specific cutting style that maximizes light reflection. The round cut consists of 58 facets, which allow for optimal light performance. This intricate cutting process results in a higher demand and, consequently, a higher price point. Here are some key features:

• Brilliance: Round diamonds reflect light exceptionally well, giving them a sparkling appearance.
• Popularity: As the most sought-after shape, round diamonds command a premium price.
• Cutting Waste: The process of cutting a round diamond leads to significant rough diamond wastage (up to 40%), making them more expensive to produce.

The Oval Diamond

Oval diamonds, on the other hand, provide a unique twist on the classic round shape. They offer the same brilliance but in a more elongated form, which appeals to many modern consumers. Here’s what you should know about oval diamonds:

• Elongated Shape: The elongated form creates an illusion of greater size, making them appear larger than their carat weight suggests.
• Fewer Facets: Oval diamonds typically have fewer facets than round diamonds, which can lead to a lower production cost.
• Bow-Tie Effect: While oval diamonds can exhibit a "bow-tie" effect—shadows that appear across the center of the stone—the right cut can minimize this visual artifact, enhancing their overall appeal.

Why Are Oval Diamonds Cheaper?

Now that we understand the basic characteristics of round and oval diamonds, let’s explore the reasons behind the price difference.

1. Demand and Popularity

Round diamonds have long been the standard for engagement rings and fine jewelry. Their enduring popularity means high demand, often leading to increased prices. In contrast, oval diamonds, although gaining popularity, do not yet match the demand for round diamonds. This lower demand generally results in lower prices.

2. Cutting Efficiency

The process of cutting diamonds is critical in determining their final price. Round diamonds waste a considerable amount of rough diamond during the cutting process due to their shape. In contrast, oval diamonds can be cut with less waste, making them a more cost-effective option for manufacturers. This efficiency in cutting translates into lower prices for consumers.

3. Variation in Shape and Size

Oval diamonds come in various shapes and sizes, offering consumers a broader range of options for customization. This versatility can lead to a wider selection at different price points. In contrast, round diamonds have a more uniform shape, making it easier to compare prices but limiting unique design opportunities.

4. Perceived Size

One of the most appealing aspects of oval diamonds is their ability to appear larger than their actual carat weight. This is due to their elongated shape, which covers more surface area. As a result, consumers can often purchase a smaller carat weight oval diamond that looks just as large—or even larger—than a round diamond of a higher carat weight, all while spending less.

Exploring the 4Cs: Clarity, Color, Cut, and Carat

When purchasing any diamond, including oval and round cuts, it’s essential to understand the 4Cs: clarity, color, cut, and carat. Each of these factors plays a crucial role in determining the overall quality and price of a diamond.

Clarity

Clarity refers to the presence of inclusions or blemishes within a diamond. Both oval and round diamonds can exhibit varying degrees of clarity, but the way these imperfections are perceived can differ:

• Round Diamonds: Their symmetrical shape can help mask inclusions, making them appear less noticeable.
• Oval Diamonds: While they can also hide flaws effectively, the bow-tie effect can sometimes draw attention to inclusions if they are positioned poorly.

Color

Color grading measures how colorless a diamond is. Round diamonds tend to hide color better due to their brilliant cut, whereas oval diamonds may require a higher color grade to appear similarly colorless.

Cut

The cut of a diamond significantly impacts its brilliance and appearance. Round diamonds benefit from a well-established cut grading system, which provides consistency. Oval diamonds, while also graded on cut, may have more variability due to the subjective nature of their shape.

Carat

Carat weight measures the size of the diamond. As we mentioned earlier, oval diamonds tend to look larger than their carat weight, making them an attractive option for those seeking a substantial appearance without the corresponding price tag.

The Aesthetic Appeal of Oval Diamonds

Beyond pricing, oval diamonds offer unique aesthetic benefits that can influence a buyer's decision. The elongated shape of oval diamonds can create a slenderizing effect on the finger, making them a popular choice for those who wish to enhance their hand's appearance.

Here are some additional aesthetic considerations:

• Versatility in Design: Oval diamonds can be set in various styles, from classic solitaires to modern halo settings. This adaptability allows for personal expression in jewelry design.
• Unique Length-to-Width Ratios: Oval diamonds come in various length-to-width ratios, allowing buyers to choose a shape that best fits their style—whether they prefer a more elongated or a rounder appearance.
• Timeless Appeal: While oval diamonds offer a modern twist, they also maintain a classic elegance, making them suitable for both traditional and contemporary settings.

DiamondsByUK’s Commitment to Ethical Luxury

At DiamondsByUK, we specialize in IGI-certified lab-grown diamonds, including beautiful oval cuts. Our commitment to sustainability means that all our diamonds are conflict-free and ethically sourced. By choosing lab-grown diamonds, you not only enjoy a stunning piece of jewelry but also contribute to a more responsible and eco-conscious industry.

Customization Options

We understand that every customer has a unique vision for their jewelry. That’s why we offer full customization options for our diamond pieces. Whether you’re interested in an oval engagement ring or any other bespoke design, we invite you to Design Your Bespoke Jewellery with DiamondsByUK. Our personalized service ensures that you receive a piece that resonates with your individual style and story.

Conclusion

The choice between oval and round diamonds ultimately comes down to personal preference, budget, and the significance of ethical considerations. While round diamonds maintain their status as the most popular shape, oval diamonds present a beautiful, cost-effective alternative that offers unique aesthetic benefits.

As you consider your options, remember that at DiamondsByUK, we are here to help you navigate the world of ethical luxury. With our stunning oval diamond collection and commitment to customization, you can find the perfect piece that reflects your values and style.

Ready to explore our designs? Shop ethical and beautiful designs from our oval diamond selection now, or reach out to us to start your custom design journey today—often with delivery in just 1-2 weeks.

FAQ

Why are oval diamonds less expensive than round diamonds?

Oval diamonds tend to be less expensive due to lower demand, more efficient cutting processes that result in less waste, and their ability to appear larger than their actual carat weight.

What should I consider when choosing between an oval and round diamond?

Consider your personal style, budget, and the overall aesthetic you wish to achieve. Oval diamonds may be more appealing if you prefer a unique look that elongates the finger.

Are oval diamonds as brilliant as round diamonds?

Yes, oval diamonds can be just as brilliant as round diamonds, though their brilliance may be affected by factors such as the bow-tie effect and the quality of the cut.

Can I customize my oval diamond ring at DiamondsByUK?

Absolutely! We offer full customization options for our diamond pieces. You can design a piece that reflects your unique style and story.

How long does it take to receive a custom piece from DiamondsByUK?

Typically, our custom designs have a turnaround time of just 1-2 weeks, ensuring you receive your unique piece promptly.