De Beers was founded in South Africa in 1888 and today is the largest producer and seller of diamonds. Almost from the start the De Beers band has had a strangle embrace on the diamond industry and a colossal advertising budget
Are Diamonds Valuable?
Diamonds may be up to three billion years old; their crystallization occurs 320 miles under the surface of the form These crystals business their method to the surface via kimberlite and lamproite pipes These pipes are cylindrical in rub and achievement as a drainpipe from the Earth’s pelerine to the continental crust. This gemstone has forever been declared for it’s, hardness, invincibility, and great optical properties
Rarity of the Stones
Most kinsfolk assume diamonds are the rarest item on the planet and thats what makes them so valuable Nothing could be other from the truth There are enough diamonds in the totality to fill a coffee cup for every partner and duchess on this planet. The pure inducement they are so expensive is because strict controls are placed on the unit of gemstones produced for sale worldwide. This marketing strategy is uncommonly corresponding to the creation sweeping marketing of oil: they ration the supply to posses the prices high
De Beers was founded in South Africa in 1888 and today is the largest producer and seller of diamonds Almost from the beginning the De Beers party has had a strangle clutch on the diamond industry and a monstrous advertising budget. Diamonds are not as intermittent as the advertiser would obtain you to conjecture De Beers keeps a gargantuan mountain of diamonds and tightly controls supply
The grade of a diamond is uncompromising by four factors declared as the “Four Cs” They are carat weight, clarity, color, and nick The “cut” is the trickiest of the four The differences between a “great cut,” a “good cut,” and a “bad” notch cannot be detected by the untrained eye so the buyer should be aware, because the grade of the indentation entrust make a vast difference in its prettiness and value. Cut determines 80 percent of a diamond’s value
A one carat diamond weighs exactly 200 milligrams. The carat burden is usually subdivided into “points.” There are 100 points in a carat Be careful not to obfuscate the burden of the peanut with its size or the carats of a different seed Because different minerals retain different densities, a one carat diamond leave retain a different volume than a one carat ruby.
Clarity is a tempo of the unit and extent of flaws in the gemstone Completely full diamonds are intermittent Only a few hundred complete stones are produced every year, once again keeping the supply low to keep the cost high
Clarity is unrelenting by the digit of blemishes on the surfaces of the diamond and the figure of inclusions such as air bubbles, cracks, and foreign allied inside of the diamond When both terms are being referenced the period defects is usually referenced Nature little produces anything that is with out defects and this squeeze true for diamonds. Most diamonds commit have some genus of fault or flaw
The “color” of a diamond refers to its refinement of “yellowness” The whole fan is colorless and thus the most expensive The coloration of diamonds can be caused by several factors Impurities trapped in the diamond during its formation, the crystal lattice holder of the diamond, and the exposure to radiation can all cause to the extensive verity of colors available in diamonds
So to interpretation the question: Are diamonds valuable? Today the interpretation would be yes and they have been valuable for thousands of years but the tall diamond companies master the availably of the gemstones. Let the financier beware