You know what they say - diamonds are a girl's best friend. Well, best friends aren't always cheap, and as far as jewelry goes, diamonds are certainly no exception. Diamonds are one of the most timeless pieces of jewelry a person can own and are an excellent way of showing someone just how much you care about them. Here, we present our list of the seven most expensive diamonds in the world.
Number Seven: The Moussaieff Red Diamond
This crimson beauty is a whopping 5.11 carats! And those carats don't come cheap - some Moussaieff red diamonds cost up to seven million dollars.
Number Six: The Heart of Eternity
Weighing in at about five times that of its predecessor on this list, the Heart of Eternity diamond is just over 27 carats. The diamond was found in South Africa's Premier Diamond Mine and will set interest buyers back an incredible 16 million dollars.
…show more content…
The diamond itself is blue and has become a relic in European noble families. In fact, the Wittelsbach Diamond is included on the crown jewels of both Austria and Bavaria. The Wittelsbach Diamond costs up to 16.4 million dollars.
Number Four: The Steinmetz Pink
This beautifully rose-hued diamond is so wonderful it's in the Smithsonian! Specifically, the Steinmetz Pink is in the Smithsonian's exhibition called "The Splendor of Diamonds." The diamond itself is 59.6 carats and costs around 25 million dollars.
Number Three: The De Beers Centenary Diamond
In third place on our list is the De Beers Centenary Diamond, which was revealed to the public in 1991. This lovely diamond is externally flawless and is 273.85 carats. It's also the Premier Mine's third-largest diamond ever produced. The De Beers Centenary Diamond will set you back a whopping 100 million dollars.
Number Two: The Hope
Deep within African mines, elusive diamonds lay enveloped in the Earth’s crust. Possessing much influence, beauty, and tension, nature’s hardest known substance causes parallel occurrences of unity and destruction on opposite sides of the globe. Diamonds, derived from the Greek word "adamas", meaning invincible, are formed deep within the mantle, and are composed entirely from carbon. Moreover, only under tremendous amounts of heat and pressure can diamonds form into their preliminary crystal state. In fact, diamonds are formed approximately 150km- 200km below the surface and at radical temperatures ranging from 900-1300 C°. When these extremes meet, carbon atoms are forced together creating diamond crystals. Yet how do these gems, ranking a ten on Moh’s hardness scale, impact the individual lives of millions of people besides coaxing a squeal out of brides-to-be? These colorless, yellow, brown, green, blue, reddish, pink, grey and black minerals are gorgeous in their cut state, but how are these otherwise dull gems recognized and harvested? Furthermore, how and why is bloodshed and violence caused over diamonds in Africa, the supplier of approximately 65% of the world’s diamonds? (Bertoni) The environmental, social, and economic impact of harvesting, transporting, and processing diamonds is crucial because contrary to popular belief, much blood has been spilled over first-world “bling”.
...sumption, creates emission of greenhouse gases and other harmful chemical materials. Once released into the air, it can cause environmental problems, which in turn threatens not only the environment, but also the health of the people who live in it. In order to reduce the use of energy to help protect our planet and our health, the diamond mining industry has implemented renewable energy programs to monitor energy and carbon emission. Since its beginning, mining company PHP Billiton program has saved an equivalent of one million liters of diesel fuel per year at their Ekati Diamond Mine in Canada’s Northwest Territories. The health of the environment and the health of humanity are as one. Whatever we do to our planet, we do to ourselves. Reducing energy consumption of diamond mining not only helps protect our planet, but also helps protect the health of our people.
You’re browsing along various websites searching for a new piece of jewelry to add to your collection. Suddenly - you see it. The piece that screams your name. It’s an elaborate piece with large cut diamonds and you just know those can’t be real. But they look so real, so you check out the price.
(1) We can be happy if we do not despair. We must keep hope and faith
Analysis Introduction This project belongs in the engineering-efficiency category; therefore, it has to fit at least 3 of 4 performance hurdles, which are 1. Impact on EPS; 2.Payback; 3.Discounted cash flow and 4. Internal rate of return. In this article, some of those involved explained and described their opinions; however, professional knowledge may have been lacking.
Valuing a diamond is a highly skilled task thus not traded on world frequently. (Valued on the basis of four criteria- 4C s carat clarity color and cut)
A beautiful precious diamond can last forever, but what most people do not know is that a majority of our diamonds come from Africa. The civil wars in Africa over diamonds began around 1961 and ended in 2003. Conflict diamonds were rampant and it would be difficult to say if any jewelry sold prior to 2003 was conflict free. Conflict diamonds are diamonds that have been mined and were controlled by African rebels. The rebels would use the profits from selling conflict diamonds to fund illegal activity and to purchase more weapons for their armies. While rebels had control of the diamond mines they killed approximately 4 million people and countless families were displaced.
It’s hard to imagine that a mineral could be fueling wars and funding corrupt governments. This mineral can be smuggled undetected across countries in a coat pocket, then be sold for vast amounts of money. This mineral is used in power tools, parts of x-ray machines, and microchips but mostly jewelry. Once considered the ultimate symbol of love, the diamond has a darker story. "Blood" diamonds or "conflict" diamonds are those mined, polished, or traded in areas of the world where the rule of law does not exist. They often originate in war-torn countries like Liberia, Sierra Leone, Angola, and Côte d'Ivoire were rebels use these gems to fund genocide or other questionable objectives. Even with a system known as the Kimberly process which tracks diamonds to prevent trade of these illicit gems, infractions continue as the process is seriously flawed. The continuation of the blood diamond trade is inhuman, and unethical, and in order to cease this illicit trade further action to redefine a conflict diamond, as well as reform to the diamond certification prosess is nessasary.
Jameson took the ring to Jewelry Appraisers, Inc. to be appraised, so that he could obtain insurance on the ring. Mr. Jameson filled out paperwork listing the ring’s value at $48,000 and then left the ring with Jewelry Appraisers, Inc. to be appraised. After leaving the diamond ring at Jewelry Appraisers, Inc. overnight Mr. Jameson received a call from the store and was notified that the ring that he had dropped off did not match the rings Mr. Jameson had described in the paperwork being worth $48,000. Jewelry Appraisers, Inc. concluded that the ring that Mr. Jameson now has in his possession is worth $10,000. Mr. Jameson filed this lawsuit over a year later on September 29, 2015.
Red diamond: These are often used to represent passion and desire, but when made into a melted or fire-related design can be used to represent lost love. Green diamond: While green has connotations ranging from nature to envy, a green diamond can represent overcoming jealousy, but can also express a natural or organic love. White diamond: These can be subtle ways of expressing the symbolism of a diamond, and many people like to use these to decorate fingers representing elegance, love, and commitment.
Santarossa, B. (2004, January 13). Diamonds: Adding lustre to the Canadian economy. Retrieved November 06, 2017, from https://www.statcan.gc.ca/pub/11-621-m/11-621-m2004008-eng.htm
"The Necklace" or "The Diamond Necklace" is a short story by Guy De Maupassant, first published on 17th, February 1884, in the French newspaper Le Gaulois. The story has become one of Maupassant's popular works and is well known for its ending. It is also the inspiration for Henry James's short story, "Paste". It has been dramatised as a musical by the Irish composer Conor Mitchell; it was first produced professionally by Thomas Hopkins and Andrew Jenkins for Surefire Theatrical Ltd at the Edinburgh Festival in 2007.
Diamonds were created million years ago, when the earth was formed, the material experienced pressure of 5million times the atmosphere at sea level and temperatures between 1000~1200degreesC. These conditions caused carbon in the layers inside the planet to crystallize into diamonds. The diamonds moved up to the earth’s surface through volcano eruptions. This is why many Diamond mines are near volcanoes. Diamonds occur in two types of rock: Kimberlite and Lamprolite. Diamonds are mostly found in South Africa, India, Brazil, Russia, Australia, and Arkansas. Right now about 100million carats are mined each year. Today the largest cut Diamond in the world is the Cullian I at 530.2ct .
The value of diamonds lies in their physical properties that make them suitable for many applications. Natural diamonds are only of high value if they are scarce in nature. Realizing this, De Beers Consolidated Mines was formed to control the supply of diamonds from mines across the world. The diamond market is influenced by mine production, rough diamond distribution, preparation/cutting, and retail markets. The project will be focused on the retail markets for diamonds and other high-end jewelry.
One morning, a well-known gentleman went into a bank in London, and was received immediately by Mr. Alexander Holder, head of the bank. He asked for a loan of fifty thousand Pounds. Mr. Holder asked him to present collateral to cover that large sum of money; the man showed him a crown that belongs to the country. Knowing the risk, Mr. Holder agreed to lend the gentleman that large sum of money if he pays it back in a few days. After the gentleman left Mr. Holder decided to keep the crown all the time near by him, so he took the crown to his home in Streatham. There he lived with his only son Arthur and his niece Mary who was an orphan. He told them about his story with the crown of diamonds. When the father was going to sleep, Arthur asked for two hundred pounds. He refused to give him thinking his son was spoiled by his rich friends who had nothing to do except watch horses. Before going to sleep, he went to check that all windows and doors were locked. He saw Mary at a side window at the hall. She closed it quickly, and Holder noticed that she looked anxious. After he went to sleep, he heard some noise that woke him up; he waited until he heard it again coming from his sitting room. He jumped out of his bed and saw his son holding the crown broken from the side and three diamonds were missing. In grief, he accused Arthur of being a thief and a liar. Meanwhile Mary came in and seeing the crown fainted. Arthur asked if he could leave for five minutes but Holder refused and called the police to take his only beloved son to jail. The police searched the house but could not find anything and advised Holder to get the help of Mr. Holmes the famous detective.