Diamond is one of the most popular gems out right now. Heavily promoted in all of its benefits, diamond has become a trendier investment product lately.
When you look at it, it pretty much says Welcome to the Club! When you see a large, bright-white diamond haloed in elongated lines, you can picture yourself wearing it. It is perfect for engagement and wedding rings as well as anniversary rings and gift sets.
Wedding rings are often a long time-spend-on-themselves kind of thing. You want to make sure they are perfect the first time, so that is what they stay on.
Now that technology has advanced enough to create machines that will cut diamonds from the ground, people are getting more expensive every year.
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They’re a symbol of love
There is a reason that diamonds are so expensive. It’s not because they’re pretty, nor are they valued for their financial value.
Rather, it’s because they’re valuable cloth!
As opposed to precious metals, which are valued for their properties as atoms and molecules, diamonds are just one of many substances that make up a diamond.
Some of these substances include carbon, palladium, and iron. When combined together, these materials form a solid diamond. Because it can be just one material combining with another to create a diamond, there are more variations of the material than there are people to buy them all!
The ones that get sold are then cut into various sizes to bring in more revenue.
They’re rare
Ever wonder why diamonds are so expensive? They’re expensive because people are afraid of what they are!
Diamonds have a short history of man, being aware of them. Before the late 1800s, diamonds were rare and expensive commodities.
In the late 1800s and early 1900s, large mining operations systematically exploited workers and residents with high wages and lax regulations.
As laws became more stringent in the 1930s and 1940s, large mining operations lost interest in Diamonds. Today, they’re considered a symbol of greed and vanity.
They’re difficult to mine
While most people think of diamonds as a yellow or white item, there are many ways to get a piece of diamond. There are many ways to create a diamond, including cutting one into smaller pieces and combining them.
To create a new type of diamond called an ISSI (isotope) diamond, you must use special technology to isolate the carbon in the stone. To obtain this technology, you must purchase a gemological certification.
Then, you must create an industrial process that can combine the individual diamonds into one piece. This method is called cutting and is what most people use to get a ring!
Finally, to acquire the perfect stone for your style and your PERSONAL jewel budget, you must find an ISSI diamond that matches your specific needs.
Diamonds are forever?
As the bullet point above states, diamonds are one of the most popular precious substances. This is due to both its rarity and high value.
Yet, for most people, knowing how to find a diamond is not for the faint of heart. Due to its special nature, it can be hard to explain in detail how to find a diamond.
In fact, there have been cases where people have bought a diamond and failed to realize it until they opened it up and saw the stone.
Why choose diamond?
There are many reasons to buy diamond. Here are some of the most common:
1. Make a ring with an open-topped stone in the center and an enclosed stone on one side. This is known as a square ring. You can then add pave or polish to make it more precious or debatable!
2: Make a wedding band or bangles with two matching rings joined by an enclosed stone on one side and an open-topped ring on the other. This is called a double ring and can be complicated to create!
3: Create a family heirloom that you will wear for years to come by setting your daughter’s wedding rings together and creating a set of wedding rings.
Are there other alternatives?
While diamonds are by far the most famous alloy of precious and base metals, they are not the only alloy that is valued. Aluminum and titanium are also common alloys that are valued.
Alloy diamonds have been around for a long time, being produced since the mid-20th century. These stones were made by placing two different chemicals, one of which is usually silver, together to create a solid diamond.
This process was first developed in Germany, where they wanted a cheaper diamond than their current ones require special treatment before sale. Today, some land-owners in South Africa produce these stones, as well as in India and Australia.
Cost versus value
While diamonds are always a costly purchase, they are not the most expensive items you can buy. Dentists and orthodontists can charge up to $300 for some complicated work, making diamonds cost-effective investments.
Many luxury goods such as watches and coffee machines are manufactured with high quality materials and designed with function first. These newer designs make quality quality-economic!
Some watches have a price range between $30 and $400 depending on the size. A good watch can last a lifetime before needing replaced, especially if you wear it often.
An economy watch will not last as long but is cheaper than a top end watch and may not be necessary for everyday wear.
Synthetic diamonds exist
They are not called synthetic diamonds for nothing. Some diamonds are made with artificial chemicals that simulate the look of natural diamonds. These newer natural diamonds are very expensive!
These new looking diamonds are more challenging to value due to their cost. They can be more variable in quality and durability than natural diamond, making it more difficult to correctly price it.
Another difference between the old-fashioned natural and the newer artificial-looking synthetics is how they behave when cut. The shape of a diamond can make a big difference in how it behaves when cut.
When a stone is untreated, there can be some unexpected properties to it. These can include: 1) a hardness or resistance to hardness transformation (cutting), 2) an elasticity or resistance to treatment recalls (regrowth), and 3) a temperature sensitivity or resistance (quality).