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The 813-karat diamond was mined from Canadian mining firm Lucara in a Botswana mine during late November of last year. 813-karat diamond was just sold as the most expensive diamond in the world ...
The Rock is a 228.31-carat white diamond which has been graded by the Gemological Institute of America. It has G color, VS1 clarity. [1] The color of white diamonds can range from D to Z: D-color is the highest grade for white diamonds, and it is the rarest and most expensive. The Rock is G-color, which is the fourth whitest level of white ...
In contrast to precious metals, there is no universal world price per gram for diamonds. The industry refers to price guides. Rough diamond prices have historically been impacted by the mining companies controlling supply, most notably De Beers. However, after the dismantling of the De Beers cartel in 2001, the industry is now more fragmented ...
Another important diamond center is New York City, where almost 80% of the world's diamonds are sold, including auction sales. [93] The De Beers company, as the world's largest diamond mining company, holds a dominant position in the industry, and has done so since soon after its founding in 1888 by the British businessman Cecil Rhodes.
Some 85% of the world's rough diamonds, 50% of cut diamonds, and 40% of industrial diamonds are traded in Antwerp, Belgium—the diamond center of the world. [28] The city of Antwerp also hosts the Antwerpsche Diamantkring, created in 1929 to become the first and biggest diamond bourse dedicated to rough diamonds. [29]
24.78-carat (4.956 g) A 24.78-carat Fancy Intense Pink diamond and, until the sale of the Sweet Josephine diamond in November 2015, it was the most expensive jewel ever sold at auction. Previously owned by Harry Winston and an unnamed private collector, and bought by Laurence Graff (November 2010). [31] —
In the paradox of value, it is a contradiction that it is cheaper than diamonds, despite diamonds not having such an importance to life. The paradox of value, also known as the diamond–water paradox, is the paradox that, although water is on the whole more useful in terms of survival than diamonds, diamonds command a higher price in the market.
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 ...