Wonder

Research Outline

Prepared for Davis Y. | Delivered February 24, 2020

Diamond Cutting and Polishing Price

Goals

Determine the price for cutting and polishing a diamond to produce a 10-20 carat finished stone.

Early Findings

Diamond Cutting and Polishing Price
The service provided by professionals who are engaged in cutting diamonds are extremely costly.
 Cutting diamonds is typically charged by carat.
The cost ranges from $125 to $400 per carat.
Based on this, the calculated cost ranges of cutting a 10-20 carat finished diamond are as follows:
 $125 per carat X 10 carat = $1,250
 $400 per carat X 10 carat = $4,000
 $125 per carat X 20 carat = $2,500
 $400 per carat X 20 carat = $8,000
Based on a study, the cutting and polishing part of the diamond finishing process is the least expensive compared to the other processes.
For a $100 diamond, the typicaly cutting cost will range from $26 to $30.

Summary of Findings:
Our initial findings provided some of the available pricing data to cut and polish a diamond to produce a 10-20 carat finished stone.