Diamonds

Did You know that … ?

One of the loudest sales in recent years was the sale of a pink diamond at a Hong Kong auction in 2017. A diamond called Pink
Star was described as perfectly clean (internally flawless – with no scratches or internal flaws that could negatively affect its brightness) and
its color was described as fancy vivid pink. The diamond was auctioned off for a record $ 71.2 millions.

What rich people are buying during coronavirus?

A few weeks after most of the United States closed due to the coronavirus, Peter Webster, co-founder and president of New York-based jewelry firm Roberto Coin, received a call from a client who was looking for a 25th anniversary gift for his wife. In line with his client’s budget, Webster sent a 120 carat diamond necklace for the price of …

carats have the largest natural diamond in the world mined

kilograms of diamonds are mined all over the world every year

millions of dollars is a record amount for which a diamond was auctioned

Curiosities

The name diamond derives from the ancient Greek ἀδάμας (adamas; Latin diamondum), which means “invincible, indestructible”.

This alludes to the unique the hardness of this mineral.

: #1

The quality, and thus the value of a cut diamond, is determined by the principle of 4C Carat (weight), Color (color), Clarity (purity), and Cut. In the last 55 years, diamond prices have increased more than 10 times, and the average annual growth rate is about 15%. Even in the 1960s, the wholesale prices of diamonds (transparent, perfectly clean, round cut) were at the level of $ 2700 per carat and in 2015 it was $ 29,000.

: #3

Diamonds are made of one element – carbon atoms. They formed about 150 kilometers underground where, under the influence of very high temperatures and very high pressure, the carbon atoms were bound in a unique way into perfectly geometric cubes, which resulted in a beautiful and rare crystal structure. Eventually, they were brought to the surface of the Earth by deep volcanic eruptions.

: #2

The ancient Romans and Greeks believed that diamonds were the tears of the gods or splinters of stars falling from the sky. The Romans believed that Cupid’s arrows were ended with diamond points. Many ancient cultures believed that diamonds gave the wearer of these precious stones strength and courage during battle, and some kings wore diamonds on their armor during combat.

: #4

The beautiful Eureka diamond was first discovered in South Africa by a 15-year-old boy named Erasmus Stephanus in 1867. This 21.25 carat diamond as raw material was found near Hopetown on the Orange River. Today, this cut and polished beautiful diamond weighs only 10.73 carats. This is because the diamond loses up to 50% of its weight during the cutting and polishing process.

"A good diamond, ruby or emerald, however small, is a possession to be prized for generations"

Harry Winston

" I never worry about diets. The only carrots that interest me are the number of carats in a diamond.”

Mae West

“Let us not be too particular. It is better to have old second-hand diamonds than none at all.”

Mark Twain

“I really think that American gentlemen are the best after all, because kissing your hand may make you feel very very good but a diamond and a sapphire bracelet lasts forever.”

Anita Loos

“There are three things extremely hard: steel, a diamond, and to know one’s self.”

Benjamin Franklin

“Diamonds never leave you... men do”

Shirley Bassey

“Big girls need big diamonds”

Elisabeth Taylor

“Diamonds are a girl's best friend”

Marylin Monroe.

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Diamonds are forever