How Precious Is My Diamond?

15 March 2019 / Blog

How Precious is My Diamond?

Less than 20% of all diamonds mined are considered gem-quality. This means that as rare as diamonds are, only a portion are presented. Additionally, only 2% of all gem-quality diamonds are entirely flawless. 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.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!

Precious yellow diamond used in a silver ring

5 Gems That are as Precious as Diamonds

  1. Alexandrite is a greenish stone that changes colors in different angles. It was discovered in Russia in the 1830s and named after the tsar, and can cost more than $10,000 per carat.
  2. Bixbite is one of the rarest gems in the world. Also known as a red emerald, this gem sells for more than $10,000 per carat.
  3. Painiete is a deep, orange-red or brownish red stone that was found in Mynamar in the 1950s, and it’s priced up to $60,000 per carat.
  4. Musgravite was discovered in Australia in 1967, and it’s a mysterious, smoky gray gem that can have green or violet undertones. It’s valued at 35 grand per carat.
  5. Grandidierite is a rare gem valued at $25,000 per carat, and ranges from blue-green to green. It may also have a translucent or pearly appearance

Blog archive


Our consultants understand the emotional weight of making this important decision. To guide you through the process and help you create your never ending bond, please talk to us.
Subscribe to our newsletter
Track your order