VVS Diamond Prices: A Complete Guide to Understanding Costs & Market Trends

Introduction

When it comes to purchasing diamonds, clarity plays a significant role in determining their value. One of the highest clarity grades available is VVS (Very, Very Slightly Included), known for its exceptional brilliance and near-flawless appearance. However, VVS diamonds come at a premium price due to their rarity. In this blog, we’ll explore everything you need to know about VVS diamond prices, what affects them, and how to find the best value when buying one.

What is a VVS Diamond?

Understanding Diamond Clarity

Diamond clarity refers to the presence of internal (inclusions) or external (blemishes) imperfections. The GIA (Gemological Institute of America) grades diamond clarity into the following categories:

• Flawless (FL)

• Internally Flawless (IF)

• Very, Very Slightly Included (VVS1, VVS2)

• Very Slightly Included (VS1, VS2)

• Slightly Included (SI1, SI2)

• Included (I1, I2, I3)

VVS diamonds fall just below IF (Internally Flawless) diamonds in terms of clarity. Their inclusions are so minute that they are difficult to detect even under 10x magnification.

Factors Affecting VVS Diamond Prices

The price of a VVS diamond depends on several factors:

1. Carat Weight

• The most significant factor influencing a diamond’s price is its carat weight. Larger diamonds are rarer, making their price increase exponentially.

• Example: A 1-carat VVS1 round diamond can cost between $5,000 - $10,000, while a 2-carat VVS1 diamond may range between $20,000 - $40,000.

2. Cut Quality

• Excellent or Ideal Cut diamonds maximize light reflection, enhancing brilliance.

• A poorly cut VVS diamond may not appear as radiant as a well-cut VS or SI diamond.

• Prices vary based on cut grades, with Ideal Cut VVS diamonds commanding a premium.

3. Color Grade

• Color ranges from D (colorless) to Z (light yellow or brown).

• Colorless (D, E, F) diamonds fetch higher prices than near-colorless ones.

• A 1-carat D-color VVS1 diamond costs significantly more than a G-color VVS1 diamond.

4. Shape

• Round-cut diamonds are the most expensive due to their popularity and high demand.

• Fancy shapes like oval, pear, and cushion may offer better value at lower prices.

5. Certification

• Diamonds certified by GIA or AGS command higher trust and value.

• Non-certified diamonds may cost less but lack reliability in grading.

How Much Do VVS Diamonds Cost?

Here’s an approximate price range for different carat weights of VVS1 and VVS2 diamonds:

Carat Weight	VVS1 Price Range	VVS2 Price Range
0.50 ct	$2,000 - $4,500	$1,800 - $4,000
1.00 ct	$5,000 - $12,000	$4,500 - $10,000
1.50 ct	$10,000 - $20,000	$9,000 - $18,000
2.00 ct	$20,000 - $40,000	$18,000 - $35,000
3.00 ct	$45,000 - $80,000	$40,000 - $70,000

Note: Prices fluctuate based on market trends, retailer margins, and other external factors.

Are VVS Diamonds Worth It?

While VVS diamonds are incredibly rare and desirable, many buyers wonder if they are worth the premium price. Here’s a breakdown:

Pros of Buying a VVS Diamond

• Exceptional clarity with nearly invisible inclusions.

• High resale value due to rarity and desirability.

• Ideal for investors or collectors looking for near-perfect stones.

Cons of Buying a VVS Diamond

• Higher cost compared to VS or SI diamonds with similar visual appeal.

• Most inclusions are microscopic, meaning VS1 or VS2 diamonds can appear just as flawless to the naked eye.

• More expensive than necessary for engagement rings, unless clarity is a top priority.

Alternative Options

• VS1 or VS2 Diamonds: Offer similar visual clarity at a lower cost.

• Lab-Grown Diamonds: More affordable while maintaining the same optical properties as natural diamonds.

• Smaller Carat Size with Higher Cut Quality: Maximizes sparkle without overpaying for clarity.

How to Get the Best Value When Buying a VVS Diamond

To make a well-informed purchase, follow these key tips:

1. Compare Prices from Multiple Retailers

• Check online and physical stores to compare pricing.

• Popular online retailers include James Allen, Blue Nile, and Brilliant Earth.

2. Focus on an Excellent Cut Over Clarity

• A well-cut VS1 or VS2 diamond can look just as stunning as a VVS diamond.

3. Consider Slightly Lower Color Grades

• Opt for G-H color grades instead of D-F to save money without sacrificing beauty.

4. Choose Fancy Shapes Over Round Diamonds

• Oval, cushion, and emerald cuts cost less than round cuts of the same clarity.

5. Buy Certified Diamonds Only

• Ensure diamonds are GIA or AGS certified for accurate grading and value retention.

VVS Diamond Market Trends in 2024

The diamond market is constantly evolving, and several trends influence VVS diamond prices:

1. Increased Demand for Lab-Grown VVS Diamonds

• Lab-created VVS diamonds offer a budget-friendly alternative at 40-60% lower prices.

2. Growing Popularity of Fancy Shapes

• More buyers opt for oval, pear, and emerald cuts, reducing the premium on round diamonds.

3. Fluctuations in Natural Diamond Prices

• Economic factors and supply chain disruptions impact diamond pricing globally.

4. Sustainable & Ethical Sourcing

• Consumers prefer ethical diamonds, increasing demand for certified conflict-free VVS diamonds.

Conclusion

VVS diamonds are among the finest in clarity, making them a sought-after choice for luxury jewelry and investments. However, their high prices may not always be justified for those prioritizing visual appeal over technical clarity. By understanding the factors affecting VVS diamond prices and exploring alternative options, you can make a smart and budget-friendly purchase.

Are you looking for the perfect VVS diamond? Compare prices, check certifications, and consider cut quality to get the best value for your money!