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You can read several opinions, below. Directly, you can purchase industrial diamonds by the bag full for the price of a latte.
Expensive -- gemstone-quality -- diamonds are the most rare in colour, clearest, heaviest and with perfect cuts. You can pay less for a large diamond that is not a top-quality diamond.
Only about 20% of all diamonds mined are gem-stone quality and of those only a rare free are truly valuable.
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The real answer is that De Beers created a monopoly over diamond mines in the 19th century. That allowed them to artifically shoot diamond prices up through the roof. Their marketing strategy suggesting that diamonds should cost 2-3 months of an average salary is something they simply made up. Diamonds are not as rare as their prices suggest. They should be half as expensive as they now are.
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The above is true but depending on the quality of diamonds you are after. Gem or high quality diamonds are in low supply while the lower quality is in huge supply. De beers are in business and aren't always fair to the smaller players in the industry but they certainly don't control nature and you can't force 3 to 10 carat flawless or VSI (very slightly included) diamonds out of the ground. I envision a time when diamond prices will be so high that we'll have to opt for lower quality stones.
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∙ 9y ago
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What is more expensive a diamond or an emerald?
Stone for stone, a diamond is more expensive than an emerald.
Why platinum is more expensive than diamond?
Platinum is not more expensive than a beautiful, natural diamond.
What is more expensive white diamond or blue diamond?
All else being equal: carat weight, cut, and clarity, a blue diamond will always be more expensive than a white diamond.
What mineral is the most expensive to obtain?
Diamond, sapphire,emrald, ruby they all are expensive
How expensive is a diamond?
Your answer depends on the quality of diamond you want to buy. Visit a local jeweler who can show you diamonds in your price range.
What is more expensive a diamond or an emerald?
Stone for stone, a diamond is more expensive than an emerald.
How much money is the most expensive diamond worth?
The most expensive diamond, by definition, is priceless.
Why platinum is more expensive than diamond?
Platinum is not more expensive than a beautiful, natural diamond.
Which diamond are most expensive between fancy and pure diamond?
Red diamonds - are the rarest and most expensive.
Which is the more expensive between platinum and diamond?
By weight, when comparing equal amounts of platinum and diamond, gem-quality diamond will always be more expensive.
What is more expensive white diamond or blue diamond?
All else being equal: carat weight, cut, and clarity, a blue diamond will always be more expensive than a white diamond.
Which is rarer ruby or diamond's?
Both are considered expensive, but a diamond is more expensive simply because it's a harder mineral.
Is white diamond more expensive than red diamond?
All else being equal: carat weight, cut, and clarity, a red diamond will always be more expensive than a white diamond.
What rock is the most expensive?
diamond
What rock is most expensive?
diamond
Is natural diamond expensive?
Yes.
What is the most expensive jewel?
pure diamond is the most expensive jewel
