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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 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]
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]
Around 2016, the price of synthetic diamond gemstones (e.g., 1 carat stones) began dropping "precipitously" by roughly 30% in one year, becoming clearly lower than that of mined diamonds. [124] As of 2017, synthetic diamonds sold as jewelry were typically selling for 15–20% less than natural equivalents; the relative price was expected to ...
On 21 September 2008 Gem Diamonds, Ltd. announced that it found a 95.6 grams (478 carats) diamond of high quality, making it the 20th largest diamond ever found. It is a type II D colour, with potential to yield a 30 grams (150 carats) cut stone.
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.
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