Nature’s pure artistry is most apparent in the bounty it produces from deep within its core. The raw power and beauty of diamonds that are recovered from the deepest crevices of earth are stunning to behold. In their simplest form, diamonds are a picture of rough beauty and only give the slightest hint of what they can become when polished and perfected. These rare nuggets of beauty are symbolic of love and eternal commitment. Perfected by natural forces over thousands of years, the diamond is a testament that strength and beauty are indeed are a truly divine combination.
The birth of a diamond is a journey towards achieving the perfect balance of elements. A polished diamond will make the most extraordinary selection of jewelry and a truly sacred symbol of devotion and commitment. Finding the perfect piece of diamond jewelry is an intimate and serious decision requiring an innate understanding of the many facets that make up a diamond’s true value and character. One’s sentiment and heart always has the final say on the perfect diamond jewelry piece, however, having a set of standards to aid in the decision process is a vital part of the decision making process.
A universal grading system which is composed of four primary components is the most widely accepted and highly regarded standard of diamond classification available. These standards are created to assist in the decision making process and to facilitate the education of the potential diamond purchaser. Gemological institutes have been instrumental in creating this diamond grading scale along with the creation of a set of categories commonly called the 4 Cs. The main components of the 4 Cs are cut, clarity, color and carat weight. Together, these set of standards and...
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...urchaser. All reputable jewelers are well versed in the intricacies of determining the overall worth of a diamond or diamond jewelry piece. Fine jewelry salons are well equipped to explain the basic tenants that determine the total value of a diamond as well as to assist the customer in making the best choice. However, a potential buyer can make the selection of the perfect diamond and enjoyable and memorable event by educating themselves on the basic tenants of diamond valuation.
Brilliant and breathtaking, diamonds are truly one of nature’s finest contributions. Their rare beauty and radiance has been the very embodiment of passion and love for centuries. Make the experience of purchasing a diamond a meaningful event by understanding and appreciating all of the amazing facets that make a diamond the most consummate and cherished gift one can give.
To begin diamonds are can be found all over the world including countries like, Botswana, Canada, Namibia, Russia, South Africa, Australia, and Tanzania. Yet, diamonds are still quite rare and are only found from two dominant deposits. The primary deposits often consist of diamond-bearing “pipes” of volcanic rock called kimberlite. Deep within th...
Should diamonds be seen as such highly sought-after, luxury goods, and marketed and sold at such extravagant amounts? While some individuals might be of the impression that diamonds are lavishly priced, because of limited supply, it is of my opinion that a very shrewdly-created cartel disguises the very reason for these “rare” gems seemingly being worth your “pretty penny”.
This incredibly valuable watch features 110 carats of rare diamonds, set in a platinum watch-strap. The vast array of Graff diamonds used to create this incredible watch include Fancy Vivid Yellow, Fancy Intense Pink, Fancy Intense Blue, Fancy Green and Fancy Orange. In addition, many different cuts of diamond were used, including heart
Spar, D. L., 2006. Markets: Continuity and Change in the International Diamond Market. The Journal of Economic Perspectives, Vol. 20, No. 3 (Summer, 2006), pp. 195-208.
Valuing a diamond is a highly skilled task thus not traded on world frequently. (Valued on the basis of four criteria- 4C s carat clarity color and cut)
The rough diamond that is beneath the surface must undergo several stages of production before being transformed into the diamond that is used in jewellery. These stages of production are costly and this was the shortfall of many of the diamond mining companies, and thus a merger was formed. The agreement b...
It’s hard to imagine that a mineral could be fueling wars and funding corrupt governments. This mineral can be smuggled undetected across countries in a coat pocket, then be sold for vast amounts of money. This mineral is used in power tools, parts of x-ray machines, and microchips but mostly jewelry. Once considered the ultimate symbol of love, the diamond has a darker story. "Blood" diamonds or "conflict" diamonds are those mined, polished, or traded in areas of the world where the rule of law does not exist. They often originate in war-torn countries like Liberia, Sierra Leone, Angola, and Côte d'Ivoire were rebels use these gems to fund genocide or other questionable objectives. Even with a system known as the Kimberly process which tracks diamonds to prevent trade of these illicit gems, infractions continue as the process is seriously flawed. The continuation of the blood diamond trade is inhuman, and unethical, and in order to cease this illicit trade further action to redefine a conflict diamond, as well as reform to the diamond certification prosess is nessasary.
The African Diamond Trade is a large cycle of exploitation. An estimated 65% of diamonds mined worldwide originate in Africa (Cahill 2009). In 2016, the U.S. diamond industry grew 4% to reach $40 billion, approximately half of a global $80 billion industry (DeBeers Group 2017). But how do these diamonds make it from African river banks to American engagement rings? According to Time Magazine, there are 6 steps that take diamonds from the ground to the jewelry store; exploration, mining, sorting, cutting and polishing, manufacturing, and retailing (John and Jones 2015). Each of these steps adds value to the final product that is offered in jewelry stores worldwide but this value isn’t added fairly to those who create the most value.
Out of all the earth’s major natural resources, diamonds are the most sought after and most mysterious. Throughout history, the virtuosity and resistance of diamonds have caused fighters and lover’s great pain and happiness. For centuries, the value of the diamond commodity became increasingly popular. However, it wasn’t until the mid 1900s, when diamonds permanently made their signature as the world’s most indispensable symbol of love and affection (Howard, Vick 2008). Soon after, diamond rings became the 21st century standard of engagement rings. Without a doubt, everybody in society knows how valuable this commodity is. Nonetheless, what truly makes this commodity more valuable are the stages it goes through from the diamond mines to th...
Engagement rings initially served a double purpose. In the days when brides were purchased, these rings were partial payment for the bride in addition to symbolizing the groom's intentions and woman's agreement. Diamonds were first found in Medieval Italy and due to their hardness symbolized enduring love.
Santarossa, B. (2004, January 13). Diamonds: Adding lustre to the Canadian economy. Retrieved November 06, 2017, from https://www.statcan.gc.ca/pub/11-621-m/11-621-m2004008-eng.htm
The value of diamonds lies on their physical properties that make them suitable for many applications. Natural diamonds are only of high value if they are scarce in nature. Realizing this, De Beers Consolidated Mines was formed to control the supply of diamonds from mines across the world. The diamond market is influenced by mine production, rough diamond distribution, preparation/cutting, and retail markets. The project will be concentrating on the retail markets for diamonds and other high end jewelry.
One very important piece of information is that gemstones and crystals are grown during the cooling, formative stages of Earth’s development and so it has lead me to the conclusion that they are gifts from nature. According to physics, gemstones and crystals consist of natural balances and solid sta...
The third determinant of the diamond – related and supporting industries looks at the industry suppliers and...
Diamonds come in several different color shades such as, yellow, blue, green, or pink. One reason why a Diamond has different colors is through the processes involving heat and radiation. Another reason is that 99.5% of a Diamond is Carbon and the rest are different trace elements. These 0.5% of elements are the reason why a Diamond has different color shades. For example Nitrogen causes it to have a yellow tint , and Boron a blue shade. The pink color in some Diamonds are thought to be caused by deformation of the atomic structure of the diamond crystal. A pure Diamond , which would be 100% carbon, is colorless