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The carat weight measures the mass of a diamond. One carat is defined as 200 milligrams (about 0.007 ounces avoirdupois). The point unit—equal to one one-hundredth of a carat (0.01 carat, or 2 mg)—is commonly used for diamonds of less than one carat. All else being equal, the price per carat increases with carat weight, since larger ...
This is a list of countries by diamond production, based on data reported by the Kimberley Process Certification Scheme. Diamond production [1] (million carats)
In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million euros, or US$9.5 million at the time). [59]
For instance, a 2.20-carat (440 mg) octahedron may produce (i) either two half-carat (100 mg) diamonds whose combined value may be higher than that of (ii) a 0.80-carat (160 mg) diamond plus a 0.30-carat (60 mg) diamond that could be cut from the same rough diamond.
The diamond was subsequently named the "Taylor Burton Diamond". [8] Burton had previously bought Taylor the 33.19-carat Krupp Diamond in May 1968 at a cost of $307,000. [11] Burton and Taylor's jewels and other investments bought by the couple were officially assets of a tax shelter established by the pair, called the Atlantic Corporation. [12]
Fancy-colored diamonds such as the deep-blue Hope Diamond are among the most valuable and sought-after diamonds in the world. In 2009, a 7-carat (1.4 g) blue diamond fetched the then highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (US$9.5 million at the time) which is in excess of US$1.3 ...
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