Diamond Rap Sheet
By Ira WeissmanAs I explain in my Diamond Prices article (with sample rap sheet photo), the diamond “rap sheet” is an industry price list for loose certified diamonds. A diamond’s “rap price” is determined by three factors: size category, color and clarity. Diamonds are typically sold at a discount “back” from the rap price. So, for example, if a given diamond’s rap price is $5,000 per carat, then selling the diamond “30 back” would mean 30% below the full “rap price.” So in this example, 30 back from $5,000 leaves you with $3,500 per carat. Now, to find the price of the diamond, you must multiply the price per carat by the number of carats. So, if in this example, the diamond is 0.75 carats, the diamond’s total price would be $2,625.
If you’re out there looking for the best diamond for your money, then please contact me, and let me know your budget and what you’re looking for. I’ll sift through hundreds of thousands of diamonds online and help you find the perfect stone for you and your budget. Unlike the other sites, I’m not looking to sell you anything – my advice is objective and in your best interest.

