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Do You Know the 4 "C"s of Diamond Grading? By : Ira Weissman As a veteran of the diamond industry for over 7 years, it is always shocking to me to find out just how misinformed the average diamond consumer is when it comes to the facts about the Four "C"s of diamond grading: Color, Clarity, Carat, and Cut. Below is a quick overview of each of the Four "C"s followed by an in depth discussion of why Color, which is probably the “C” that always receives the most undeserving attention.