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In the wholesale trade of gem diamonds, carat is often used in denominating lots of diamonds for sale. For example, a buyer may place an order for 100 carats (20 g) of 0.5-carat (100 mg), D–F, VS2-SI1, excellent cut diamonds, indicating a wish to purchase 200 diamonds (100 carats (20 g) total mass) of those approximate characteristics.
Diamonds can be sold already set in jewelry, or sold unset ("loose"). According to the Rio Tinto, in 2002 the diamonds produced and released to the market were valued at US$9 billion as rough diamonds, US$14 billion after being cut and polished, US$28 billion in wholesale diamond jewelry, and US$57 billion in retail sales. [110]
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Gemstones are often treated to enhance the color or clarity of the stone. [40] In some cases, the treatment applied to the gemstone can also increase its durability. Even though natural gemstones can be transformed using the traditional method of cutting and polishing, other treatment options allow the stone's appearance to be enhanced. [41]
An amethyst geode that formed when large crystals grew in open spaces inside the rock. The largest amethyst geode found as of 2007 was the Empress of Uruguay, found in Artigas, Uruguay in 2007. It stands at a height of 3.27 meters, lies open along its length, and weighs 2.5 tons. Amethyst is also found and mined in South Korea. [19]
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