Looking for an engagement ring that makes a statement? A 2-carat diamond is a showstopper and is bound to add extra sparkle to their finger. When it comes to choosing a 2-carat engagement ring, there’s plenty to think about – from the cut, clarity and colour of the diamond to the ring style. As 2-carat diamonds are harder to come by, it may take a little longer to find the right one. That’s why it can help to have expert guidance on what to look for, so you can create the perfect 2-carat engagement ring for your budget.
Why Consider a 2-Carat Diamond Ring?
If you’re after a bling factor, a 2-carat diamond certainly makes an impact. However, that’s not the only reason why you may wish to size up to a 2-carat diamond ring. A 2-carat diamond is going to look much larger when mounted in a setting compared to smaller sizes. Not just because it’s a bigger carat, but because more of the surface area of the diamond is visible. A typical 1-carat round brilliant-cut diamond is about 6.5mm wide, while a 2-carat brilliant-cut diamond is around 8.2mm. That extra 1.7mm might not seem like much, but it can make a large difference when placed in a setting.
How Much Does a 2-Carat Diamond Cost?
The price of a 2-carat diamond ring can range from $27,000 to upwards of $200,000. With such a wide price range, you can probably guess that carat alone doesn’t determine a diamond’s value.
A 2.00 carat G SI2 round diamond with excellent cut, polish and symmetry will cost $40,000 (as of 10th Nov 2021). The price can go up from here to $60,000 for a 2.00ct F VS2 with excellent cut, polish and symmetry (as of 10th Nov 2021). It’s also worth noting that 2-carat diamond prices aren’t simply twice as much as a 1-carat diamond. Larger diamonds, such as 2-carat diamonds, are much rarer – this is a key element that impacts the price. One in every million diamonds is 1-carat, while only one in every 15 million diamonds is 2-carat. Because of this, a 2-carat diamond can be valued at more than triple the cost of one that’s half its size
If you would like to know more about 1-carat diamonds, begin with our easy-to-read guide How Much Does a 1-Carat Diamond Cost?.
What Affects 2-Carat Diamond Prices?
You may be wondering why 2-carat diamonds can be much more expensive than other diamonds. Here are some key reasons:
- Rarity – as previously mentioned, the rarity of 2-carat diamonds is a major contributing factor.
- Cut – similar to any other diamond, another price influence is the quality of the stone. The diamond cut is the most important factor and the one that will make the most difference to how your engagement ring looks. The cut of a diamond affects the way it reflects light and its overall sparkle. Round brilliant-cut diamonds refract the most light of any cut, making them a popular choice and more expensive than fancy cuts. As 2-carat diamonds have a large spread, the cut is particularly important.
- Colour – diamond colour is ranked from colourless to near colourless, tinted to yellow. A diamond with less colour has more brilliance and will be more valuable. However, it’s quite difficult to tell the difference between two colour grades, such as between a C and D diamond, and this factor is less important in the overall value. As mentioned, the price of a 2-carat diamond with a J colour costs significantly less than a 2-carat diamond with a G colour.
Clarity – clarity refers to the natural blemishes or inclusions in a diamond. These can range from microscopic imperfections that are not noticeable and don’t affect the overall shine of the diamond, to visible blemishes that the eye can see. At Diamondport, we tend to recommend VS2, S11 and SI2 for 2-carat engagement rings. This is particularly relevant for a 2-carat diamond solitaire.
If you have no idea where to start when buying a diamond engagement ring and require expert guidance, download our free GIA diamond guide.
Best Setting Options for a 2-Carat Diamond
A 2-carat diamond is going to look brilliant in almost any setting. However, to showcase your diamond exquisitely, you can’t go past a solitaire setting. The solitaire setting draws all the attention to your beautiful engagement ring, showcasing how beautiful your 2-carat diamond is.
Additionally, a 2-carat halo setting is ideal to make the centre diamond appear even larger. The additional stones placed in the halo contribute extra sparkle, emphasising how big your 2 carat diamond ring is. Of course, the best setting will depend on your style and what features you adore.
Find the 2-Carat Engagement Ring of Your Dreams
The Diamondport engagement ring experts can work with you to design a ring that reflects who you are and showcases the beauty of your 2-carat diamond. We’re diamond experts and can help you design a 2-carat diamond engagement ring you’ll both love. Get in touch to make an appointment and chat about your ideas.