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About 3.5$ mil.added 11/3/2010

Not exactly true.
A standard ounce of is 141.747 carats.

Industrial diamonds can sell for $1-$5 per carat .

Jewelry grade diamonds can cost $50 per carat for the smallest diamonds to $2000-$10,000 for a nice white 1 carat diamond to $25 million for a 50 carat diamond. ( diamond over 20 carats are generally considered semi unique and hard to price)

So given that range an ounce of diamonds can cost from about $150 up to $300,000,000. In addition since a single 141.47 carat diamond would be one of the largest diamonds in the world, it could be priceless

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14y ago

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