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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.
But another Greek word associated with diamonds is akrivos, or "expensive." The average price for a 1-carat diamond can cost you anywhere from $1,500 to $7,500.
[15] [16] The diamonds used in modern polki jewellery are low grade [17] and do not have much investment value, even though polki jewellery can be expensive. The diamonds are backed by silver foil to allow light to reflect. The Kundan jewellery in India uses the same style, but it uses glass instead of diamonds. [18]
The centerpiece is made up of a very striking display of diamonds, including three heart-shaped diamonds: a 15.37-carat pink diamond, a 12.79-carat blue diamond and an 11.36 carat or white diamond ...
Diamonds sold through this process are known as conflict diamonds or blood diamonds. [131] In response to public concerns that their diamond purchases were contributing to war and human rights abuses in central and western Africa, the United Nations, the diamond industry and diamond-trading nations introduced the Kimberley Process in 2002. [142]
“The energy needed to grow lab-grown [diamonds] is enormous, so your lab-grown diamonds are only as clean as that energy source.” There have been ethical issues with diamond mining in the past.
Diamonds with higher color grades are rarer, in higher demand, and therefore more expensive, than lower color grades. Oddly enough, diamonds graded Z are also rare, and the bright yellow color is also highly valued. Diamonds graded D–F are considered "colorless", G–J are considered "near-colorless", K–M are "slightly colored".
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