The Rapaport Price List, informally known as the Rap List or Rap Sheet, is the

diamond industry Diamond is a Allotropes of carbon, solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Diamond is tasteless, odourless, strong, brittle solid, colourless in pure form, a poor conductor of e ...

standard for the pricing of diamonds. The first Rapaport Price List was produced by Martin Rapaport, the Rapaport Diamonds Group founder, in 1978. The report is updated every week on Thursday, at 11:59pm EST. The Rapaport Price List is

copyright A copyright is a type of intellectual property that gives its owner the exclusive legal right to copy, distribute, adapt, display, and perform a creative work, usually for a limited time. The creative work may be in a literary, artistic, ...

ed and available only to subscribers. Jewelers and diamond merchants use it to set prices for consumers.

Consumer A consumer is a person or a group who intends to order, or use purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. ...

s should therefore use the report with caution. These prices are used as the basis for standardization and negotiation of diamond prices around the world. Many of the agreed upon prices in diamond trade are come to from discounts based on the Rapaport Price List. The report is issued in the form of a table and prices diamonds based on their

size Size in general is the Magnitude (mathematics), magnitude or dimensions of a thing. More specifically, ''geometrical size'' (or ''spatial size'') can refer to three geometrical measures: length, area, or volume. Length can be generalized ...

color Color (or colour in English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-our, -or, see spelling differences) is the visual perception based on the electromagnetic spectrum. Though co ...

and

clarity Clarity may refer to: Music Albums * ''Clarity'' (Jimmy Eat World album) or the title song, 1999 * ''Clarity'' (Sifow album) or the title song, 2006 * ''Clarity'' (Zedd album) or the title song (see below), 2012 * ''Clarity'' (mixtape), by K ...

. The report provides prices for individual diamonds and not diamonds sold in bulk. Each price list has four separate grids each one containing information for a different carat size for diamonds. Each grid has the clarity options on the horizontal line and the color options on the vertical line. In order to calculate the price of a diamond according to the Rapaport Price List, you need to know the size, color and clarity of the diamond. The price listed based on this

information Information is an Abstraction, abstract concept that refers to something which has the power Communication, to inform. At the most fundamental level, it pertains to the Interpretation (philosophy), interpretation (perhaps Interpretation (log ...

is in hundreds of dollars per carat.

References

External links

* Diamond industry {{gemology-stub

See also

References

External links