How Precious Is My Diamond?
11 July 2016 / Blog
It is easy to tell just from the way it glimmers that a diamond is one of the most precious substances known to man. However, many people do not understand exactly why a diamond is such a valued thing. Consider this: less than 20% of all diamonds mined are considered gem-quality. This means that as rare as diamonds are, not even a fifth are actually presented to the public. Additionally, only 2% of all gem-quality diamonds are entirely flawless. This means that if you have a flawless diamond, you are one of only a few people on earth ever to own one. What’s more, the diamond on your finger is, most likely, at least a billion years old. It may even be as much as three billion years old– older, perhaps, than life on earth itself!