If you’re out there looking for the best diamond for your money, then please contact us and let us know your budget and what you’re looking for. We’ll sift through thousands of diamonds online and send you suggested stones to choose from that fit your needs the best.

Bottom Line Recommendation: Choose the lowest color and clarity that still look great to the naked eye, and then choose the largest diamond carat weight that still fits within your budget. But always keep in mind the cut quality, since a poorly cut heavier diamond can look smaller than an excellently cut lighter diamond.

According to Wikipedia, the term diamond carat comes from the Greek word meaning “fruit of the carob tree.”

In ancient times, the seeds of the carob pod were used as standards for weight measurements, since the size of their seeds were almost always identical. This provided a natural standard of measurement.

In in 1907 at the Fourth General Conference on Weights and Measures, it was agreed that a modern diamond carat should equal precisely 200 milligrams. This is technically known as a metric carat, and is the standard diamond carat weight that is used universally today.

The truth is, it doesn’t matter. Think about it. When you look at a diamond set in a ring, what does your eye see? Does your eye see weight, or does your eye see physical size? Obviously, your eye can only see physical dimensions — light doesn’t carry weight information back to your eye.

And if you think about it even more, your eye also doesn’t see the total physical size of the diamond, because most of it will be covered in jewelry. All you can really see when you look at a diamond is the size of its surface area on the top of the diamond.

For a round diamond, that’s the diameter, and for other shapes, it’s a function of length and width. For simplicity’s sake, for the rest of this article, I will refer to diameter, but what I am writing applied equally to non-round shapes.

Now, obviously, there is a direct correlation between the diamond carat weight and the diameter of a diamond. It’s mathematically impossible for a 0.05ct diamond to have more surface area than a 1.00 carat diamond.

But because cut qualities can vary greatly, there is a vast amount of variance in the range of possible diameters for any given carat weight.

In my experience at Leo Schachter, a 1.00ct diamond can have a diameter that ranges from 5.60mm (a horrifically ugly deep diamond) all the way to about 6.60mm (a shallow “flat” diamond).