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Diamonds are actually one of the most plentiful substances on earth. In fact 130,000,000 carats or 57,000+ lbs worth of diamonds are dug up every year with another 220,000+ lbs artificially synthesized*.
The reason they seem scarce is because those in control of the diamonds (De Beers mostly) horde them to create artificial scarcity and pump up the price thousands of times over.
If all the diamonds in the world were to suddenly flood the market, CZ would probably cost more.
*cited from Wikipedia
What else can I help you with?
Is quartz found in Kentucky?
Yes. Quartz is the second most abundant mineral in the crust and can be found with a little effort virtually everywhere, mostly in combination with other minerals in rock.
What is the sixth most abundant element on earth and where can it be found?
The sixth most abundant element on earth is carbon. It can be found in various forms, including graphite in pencils, diamonds in jewelry, and in organic compounds in living organisms and fossil fuels.
Is a ruby abundant on earth?
Yes, rubies are relatively abundant on earth compared to some other gemstones. However, high-quality rubies with desirable color and clarity are rare and can be more valuable than diamonds. Most of the world's commercial-grade rubies come from regions such as Myanmar, Thailand, and Africa.
Are chocolate diamonds natural or manufactured?
'Chocolate diamonds' are named thus because this shade of brown diamond is the colour of chocolate. Some brown diamonds are natural diamonds; some brown diamonds are manufactured diamonds. A gemologist will help you determine the source of your brown diamond. Manufactured diamonds are always less expensive than natural diamonds with similar characteristics.
Is grass abundant or average?
Very abundant
Are diamonds abundant or rare?
Diamonds are rare.
Who cuts Herkimer Diamonds?
The same way any stone is cut, Herkimer diamonds are not diamonds, its a type of quartz.
Where are diamonds mostly mined?
Diamonds are mined from diamond mines, located on every continent except Europe and Antarctica.
What properties are in black diamonds?
Black diamonds, also known as carbonados, are composed of carbon atoms, just like traditional diamonds. However, black diamonds contain abundant inclusions and graphite, which give them their distinctive dark color. They are more porous and polycrystalline in structure compared to regular diamonds.
Why are diamonds more valuable than water?
Diamonds are considered more valuable than water due to their scarcity, durability, and perceived rarity. Diamonds are mined in limited quantities, while water is abundant in comparison. Additionally, diamonds are often associated with luxury, beauty, and status, contributing to their higher perceived value.
Are diamonds and silicons the most plentiful minerals on earth?
No, but the element silicon is a major component of the mineral quartz, which is one of the most abundant minerals on earth.
What is the most abundant class of minerals on earth?
Silicate minerals are the most abundant class of minerals on Earth. They are composed of silicon and oxygen atoms, and form the majority of the Earth's crust. Examples include quartz, feldspar, and mica.
Is there an abundance of diamonds on the earth?
This is a question without an answer. What is clear, however, is that extracting diamonds from the earth is expensive and dangerous: diamonds are not as common as air or water, for example. It is not possible to determine how many diamonds there may be on earth, but it may be accurate to write that diamonds are not necessarily 'in abundance' on earth.
Why in most places are diamonds more valuable than water?
Diamonds are considered more valuable than water because of their scarcity and the high demand for them as luxury goods. Additionally, diamonds have a perception of being rare, precious, and symbolizing love and commitment, which contributes to their high value in the market. Water, on the other hand, is essential for life and relatively abundant, which may impact its perceived value compared to diamonds.
Is quartz found in Kentucky?
Yes. Quartz is the second most abundant mineral in the crust and can be found with a little effort virtually everywhere, mostly in combination with other minerals in rock.
What is the sixth most abundant element on earth and where can it be found?
The sixth most abundant element on earth is carbon. It can be found in various forms, including graphite in pencils, diamonds in jewelry, and in organic compounds in living organisms and fossil fuels.
How abundant are diamonds in the world?
All gems are valued based on their rarity (as are most things in life). But diamonds are abundant. Extraordinarily abundant. The De Beers cartel has enormous vaults where they keep most of the world's supply of diamonds. If these ever got released into the market, the monopoly would be over, and diamonds would be worth next to nothing. Diamonds are artificially high and can be purchased in most African countries for as low as $15 per carat (rough cut).They are literally a pretty rock. Retail jewelers mark up diamond engagement rings by an average of 300% up to a staggering 1000%. The estimates on markups are broad, but most of the reliable sources we've seen indicate that 300% is the usual markup. Your acquaintance who says he bought a $10,000 ring for $1,000 might be on the level. While a 1000% markup is not typical, it's not unheard-of. Diamonds also have no resale value. The reason a "diamond is forever" is because you're basically stuck with it. You'll never be able to resell it except to a pawn shop. Even a jeweler (the few who would be willing to buy it) would offer a fraction of what you paid.
