Aside from being the traditional symbol of love and romance, diamonds are one pricey commodity. This gem is considered very precious and even has industrial uses aside from being a favored jewel. Diamonds are naturally made using a process that takes natural years. Synthetic diamonds can be manufactured by scientists these days though, as the needs for both industrial and gem diamonds keeps growing. But there is really nothing like the real thing. This is also why they make great investments.
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Clarity Determines Its Value
When buying diamonds, inspect the degree of transparency, also known as its clarity. Diamonds which are deemed ‘flawless’ are free from all blemishes and inclusions, but are quite rare. Other diamonds are rated on clarity scales which grade diamonds from ‘obvious inclusions’ to ‘flawless.’ A diamond is considered to have a greater value the higher its rating on the scale.
Diamonds Come in Different Cuts
The stone’s brilliance is a big factor in its value and is determined by the cut of the diamond. The reason that cuts matter in a big way is because well-cut diamonds disperse and reflect light in stunning ways, thanks to qualities like depth and symmetry. The diamond’s bottom should neither be too deep or too shallow. Diamonds are graded according to the quality of its cut.
Diamonds Come in Different Colors
You may not think of diamonds generally having color but some have a brown, gray or yellow cast. Colorless, pure diamonds are on top of the scale. There are also colors such as purple, blue or red that diamonds come in. These are more expensive and rare than the normal varieties of yellow to clear, making them perfect as engagement rings. If you happen to be shopping for an engagement ring, here is an article about engagement ring styles that could help.
Its Weight is Measured in Carats
The weight of every diamond is measured in carats. The greater the weight, the greater the carat and the higher the carat, the more valuable the diamond. Since it is rare to find larger diamonds, a single 1-carat diamond is more expensive than two half-carat stones.
Diamonds Come in Different Shapes
The most popular diamond shape is the brilliant cut or the round diamond. However, these come in many cuts including heart-shaped, square or oval.
Diamonds Can Be Found in Volcanoes
With the eruption of volcanoes, the diamonds come up with the molten lava that shoots up. This is one way that a diamond reaches the earth’s surface. For this reason, an extinct volcano’s center is a great natural diamond source.
You can also mine diamonds, of course, if you’re not interested in climbing into a volcano. It was in South Africa where the first diamond mine started in 1870. To this day, some of the biggest diamonds of the world come from South Africa, attracting investors from all over the world. If you are interested in investments in general, here is a foundation course that shows you how.
Diamonds are Carbon-Based
Just like plants, animals, the lead in a pencil and yes, human beings, diamonds are made of carbon. These also happens to be the minerals considered to be the hardest on earth and are much stronger than steel. There are many applications for industrial diamonds such as in drilling oil. Almost 80% of mined diamonds are classified as ‘industrial grade.’ For a diamond to be classified as ‘gem grade,’ there needs to be high standards met for color and clarity.
Find Them Beneath the Earth’s Surface
It is in the mantle of the earth’s crust one hundred eleven miles underneath the earth’s surface that diamonds are formed. This had already been occurring with the formation of the planet a billion or so years ago. Mostly, molten metals and rocks compose the mantle. When extremely high pressure and temperatures occur with the carbon on the mantle, diamonds form. This temperature reaches about two thousand four hundred sixty-two degrees Fahrenheit. In the mantle are trace elements like nitrogen and sulfur and when these combine with carbon, diamonds get their color. It is rare to find blue, yellow and pink diamonds, which increases their value substantially. Speaking of value, here is a course called Selecting Suitable Financial Products that shows you investment options, if this is something you are interested in.
When buying diamonds, remember the 4 C’s: carat, cut, color and clarity and make your decision based on the best combination. Here is a course on investing fundamentals that can get you on the road to smart investments.