Know Why Diamonds are Expensive

 

There is nothing better than a shiny diamond, especially when it is used to create an amazing piece of jewelry. This beauty usually comes at a higher price, however. Why is a diamond so expensive? There are various factors that have pushed the price of diamonds high, including:

·         Equality

·         Difficulty in Mining

·         Strength

Equality

In general, diamonds are very rare. However, high-quality diamonds used in the jewelry world are rare. It is estimated that only 30% of diamonds mined worldwide are of high quality. The discovery of these diamonds makes them very valuable, which is one of the reasons why they are so expensive.

 

Difficulty in Mining

Diamonds often create high pressure, a deep hot environment beneath the earth's surface. Removing these diamonds from Earth is not easy.

 

The mine includes the use of heavy machinery, pressure shovels, trucks, and other expensive equipment that is difficult to use. This machine is used to move the metal to the top, where the diamonds are finally extracted.

 

After the diamond is extracted, the diamond cutter must shape and polish it to ensure that it is ready for sale. Digging, cutting, and polishing diamonds is a challenging process, requiring many workers. The complexity of this process undoubtedly increases the price of diamonds.

 

Strength

A diamond is counted as ten on the Mohs Hardness Scale, which is used to measure the strength and durability of a gemstone. This high score indicates that diamond is one of the hardest minerals in the world. It is almost impossible to scratch the surface of a diamond and it is very difficult to break or break it.

 

This amazing strength is one of the many factors that set diamonds apart from other gemstones. And it is one of the things that raises the price of diamonds. Diamonds will last much longer than other delicate gemstones, so they are very valuable.

 

It is true that diamonds are expensive, but the cost of diamonds can vary from stone to stone. Some of the factors that affect the cost of diamonds include:

 

·         Cut: A diamond cut refers to its size, size, and shape. A diamond with a high-quality cut will have a great shine.

·         Color: Color range is used to measure the absence of color found in white diamonds. The most expensive diamond is colorless, which means there are no indications of a yellow-brown color on the stone.

·         Clarity: The term "clarity" means the availability of inputs and features. Flawless diamonds are incredibly rare and very valuable.

·         Carat: Carat is a weight measurement of a diamond. Heavy diamonds are bigger than light diamonds and thus more expensive.

·         Each diamond is different. For example, the average cost of a single carat diamond will drop between $ 2,700- $ 5,500. When a single carat diamond falls at this point it will depend heavily on its cut, color, clarity and carat.

 

Keep this in mind when shopping on a budget. For example, if color is not very important to you, stay within your price range by choosing a diamond with a slightly lower color range.

 

The Most Expensive Diamonds In The World

Diamonds found in many gemstones can cost hundreds or thousands of dollars, but there are also diamonds worth millions. Here are some of the most expensive diamonds in the world:

 

Cullinan I and Cullinan II: These two diamonds, 530.2 and 317.4 carats respectively, are cut from the same 3,106 diamonds. Nine diamonds cut from this huge diamond cost billions of dollars.

Centenary Diamond: This flawless 599-carat diamond was reduced to 273.85 carats shortly after its discovery. The exact amount is unknown, but it now has $ 100 million in insurance.

Hope Diamond: A 45.52 carat Hope Diamond was donated to the Smithsonian Museum by Harry Winston. Its estimated value is $ 200 million.

Diamond Regent: This 140.64-carat cut diamond is on display at the Louvre Museum in Paris, France. It is believed to be worth about $ 61 million.

These diamonds are incredibly expensive, but fortunately, many diamonds will not bring you back millions or billions of dollars.

 

Beautiful Diamonds Are Precious

There is no doubt that diamonds are expensive, but some are more expensive than others. As a result, there is no need to avoid diamonds just because you work with a small budget. You will have no problem finding an amazing diamond for your price!

To get the best personalized diamond jewelry in Hawai, you can visit Nokaoi Jewelers. It is a renowned store where you can buy graded diamonds, fine sapphire jewelry and more. Here you can also buy certified engagement rings online at the best rates. Visit us at https://nokaoijewelers.com/