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Industrial grade diamonds are disposable, since they do wear out -- slowly -- but they do wear.

According to the 2003 publication by Donald Olsen, et al (link, below):

"Natural industrial diamond...price varies from about $0.30 per carat for bort-size material to about $7 to $10 per carat for most stones, with some larger stones selling for up to $200 per carat."

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Q: What is the value of an industrial grade diamond?
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A diamond is worth whatever someone will pay you for it. Depends on the diamond. A diamond's value is determined by carat, color, cut and clarity. There are many grades of diamonds from industrial grade to Flawless, gem quality.


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Given that you can purchase ultra-high-quality gem stone grade diamonds for millions of dollars US per carat or industrial-grade diamonds by the pound for a few dollars, there is a very broad range of the value of the mineral diamond. A gem-quality diamond is worth whatever someone will pay you for it. If you have one for sale, best practices dictate that you take the diamond to a certified gemologist and pay for an evaluation as to the diamond's cut, colour, carat weight and clarity. This will help you establish a fair market price you can ask for the diamond. On the other hand, you can buy industrial-grade diamonds by the pound for a few dollars -- if you buy in bulk.


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Diamond of 2 carats (jewelry grade) can be worth 1,000 to 20,000 dollars more or less. Industrial grade diamonds: From experience, about 25 years ago I saw a 40 carat industrial grade diamond valued at $4,000, $100 dollars a carat. It looked like a dirty piece of quartz.


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Your answer depends on why you are buying diamonds. As an investment, you can educate yourself as to the four Cs of diamond value: cut, clarity, colour and carat weight, and then buy the highest grade diamond with the heaviest carat weight that you can afford. As bling, you can forego everything above except carat weight and understand that the diamond is not an investment grade gem-stone and may not sell for as much as you paid for it. As industrial hardner, you can look for the size, grade and quantity that you want to buy.


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