Gadgets, Clothing and Retail

Saturday, August 22, 2009

Are Diamonds Really Forever and Rare?

Diamonds.Image via Wikipedia

For all its symbolism and glory, diamonds are rare, aren’t they? Diamonds symbolize eternity – that undying love for someone. When you walk into a jewelry store and see all the diamonds in all of the various settings that are for sale, it is difficult to realize that diamonds are indeed rare. Maybe you don't even dare to consider how such diamonds came to be in that jeweler’s case! I tell you - there is quite a bit of work that is done before a diamond is ready to sell to the general public!

For every one million diamonds that are mined, only one will be found that is a quality one carat diamond. In order to find a two carat diamond, about five million diamonds must be mined. So, the next time you visit your local jewelry store, ask to see the one carat diamonds. You should look at this diamond with new appreciation - knowing that it truly is one in a million!

The first diamonds were discovered by Indians over 3,000 years ago. Diamonds didn’t get associated with love and romance until the 1940’s when the De Beers Company began to advertise diamonds as the perfect item for a wedding or engagement rings. They did an all out media campaign and soon people were buying diamond engagement rings all over the world thinking that just like diamonds, their love will stay forever.

However, you may be surprised to learn that the majority of diamonds that are mined today are used for industrial purposes and not for jewelry. Historians believe that diamonds may have first been used for industrial purposes not for their brilliant sparkle and allure. Peter Lu a Harvard physicist and his colleagues discovered that in the late Stone Age the Chinese used diamonds to polish ceremonial burial axes. Today about 80% of mined diamonds are used for cutting, drilling, grinding and polishing.

Most people might be surprised to know that diamonds are not the hardest substance on Earth. Diamonds are the hardest natural mineral substance, but they are not the hardest substance known to man. A substance called Aggregated Diamond Nonorods is about 11 % harder than a diamond.

The Gemological Institute of America was founded in the 1950’s. It was the first internationally accepted diamond grading system. This system applied uniform criteria to grading the quality of polished diamonds. The GIA Gem Trade Laboratory Diamond Grading Report is the benchmark for the international gem and jewelry industry.

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1 comment:

Unknown said...

I just came across your blog, and I think this article is so interesting! I had no idea how few diamonds are actually usable for jewelery purposes. I've been looking at a lot of rings online, and I kept seeing things about GIA. When I finally looked them up, I learned that they invented the "4C's" that everyone is always talking about. I didn't know anything about diamond certification, but after reading about it I'm definitely insisting on a GIA-certified diamond... I wouldn't want to get something so rare without documentation of its qualities. For anyone else curious about GIA or diamond grading, I found their website (www.gia.edu) really informative.