Which term denotes a premium paid for selecting stones from a parcel?

Which term denotes a premium paid for selecting stones from a parcel?

• A. Parcel premium
• B. Pick price
• C. Pattern
• D. Pavilion angle

Answer: (B)

In diamond trading, when a parcel of stones is offered with the option to “pick” the stones you want, you pay a premium for that selection service. This premium, known as the pick price, covers the extra value of choosing specific stones within the lot and the time spent sorting to meet your preferences. It explains why some stones within a parcel command a higher per-carat price than the rest: you’re paying for the right to select the best options from the group. The other terms don’t describe this selection-for-value concept—pattern relates to cut design patterns, and pavilion angle is a geometric dimension of the cut—so they aren’t the pricing term you’re looking for.

In diamond trading, when a parcel of stones is offered with the option to “pick” the stones you want, you pay a premium for that selection service. This premium, known as the pick price, covers the extra value of choosing specific stones within the lot and the time spent sorting to meet your preferences. It explains why some stones within a parcel command a higher per-carat price than the rest: you’re paying for the right to select the best options from the group. The other terms don’t describe this selection-for-value concept—pattern relates to cut design patterns, and pavilion angle is a geometric dimension of the cut—so they aren’t the pricing term you’re looking for.