There are a large variety of cut types for diamonds, but recently one of the most popular has been The Princess Cut. A Princess Cut is achieved by cutting the top of the diamond into a square shape while keeping the overall shape similar to that of a pyramid. This cut was developed by Israel Itzkowitz in 1979 at Ambar Diamonds in Los Angeles as an alternative to the round brilliant cut. The diameter of the princess cut is usually smaller than that of a round cut with the same carat weight, and the length is usually slightly longer than that of a round cut.
Here is what you need to know if you are thinking of purchasing a Princess Cut Diamond. First of all, a princess cut diamond does sacrifice some brilliance in order to have its unique square shape. The Princess Cut Diamond does tend to be a little less expensive than it's round counterpart, which is great for the conscious consumer. A Princess Cut Diamond also has to have a four prong setting on your ring so make sure you take this into account when purchasing this type of stone.