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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 ...
The Elizabeth Taylor Diamond, formerly known as the Krupp Diamond, is a 33.19-carat (6.638 g) diamond that was bought by Richard Burton for his wife, Elizabeth Taylor in 1968. The diamond was one of a number of significant pieces of jewellery owned by Taylor, her collection also included the 68 carat Taylor–Burton Diamond, which was bought by ...
The Tiffany Yellow Diamond is one of the largest yellow diamonds ever discovered. Its carat weight was originally 287.42 carats (57.484 g) in the rough when discovered in 1878 in the Kimberley mine in South Africa. It was cut into a cushion shape of 128.54 carats (25.108 g) with 82 [1] facets—24 more than a traditional round brilliant—to ...
Yellow diamonds of high color saturation or a different color, such as pink or blue, are called fancy colored diamonds and fall under a different grading scale. [34] In 2008, the Wittelsbach Diamond, a 35.56-carat (7.112 g) blue diamond once belonging to the King of Spain, fetched over US$24 million at a Christie's auction. [58]
Tiffany & Company, Union Square, Manhattan, storage area with porcelain, c. 1887. Tiffany & Co. was founded in 1837 by Charles Lewis Tiffany and John B. Young, [15] in New York City, as a "stationery and fancy goods emporium", with the help of Charles Tiffany's father, who financed the store for only $1,000 with profits from a cotton mill. [16 ...
The investment parameter of diamonds is their high value per unit weight, which makes them easy to store and transport. A high-quality diamond weighing as little as 2 or 3 grams could be worth as much as 100 kilos of gold. This extremely condensed value and portability does bestow diamonds as a form of emergency funding.
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