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Why are uncut diamonds so cheap?

Updated: 9/22/2023
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11y ago

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Not all uncut diamonds are 'cheap'. Although 80% of all diamonds mined are industrial diamonds, which you can purchase by the multi-pound bag full for not a lot of money, gem-quality diamonds are relatively expensive even before they are cut.

You can review the site, below, to price a sampling of uncut, gem-quality diamonds.

Be aware, however, that cutting a raw stone can reduce its carat weight by about 60%. Once cut, the diamond is priced according to its cut, carat weight, clarity and colour.

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11y ago
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Q: Why are uncut diamonds so cheap?
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