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Herkimer diamonds are double-terminated quartz crystals discovered within exposed outcrops of dolomite in and around Herkimer County, New York, and the Mohawk River Valley in the US. [ 1 ] [ 2 ] They are not diamonds ; the "diamond" in their name is due to both their clarity and well formed faces.
The diamond was discovered by William P. “Punch” Jones and his father, Grover C. Jones, Sr. while pitching horseshoes in April 1928. Believed to be simply a piece of shiny quartz common to the area, the stone was kept in a wooden cigar box inside a tool shed for fourteen years throughout the Great Depression.
A weekly diamond price list, the Rapaport Diamond Report is published by Martin Rapaport, CEO of Rapaport Group of New York, for different diamond cuts, clarity and weights. [33] It is currently considered the de facto retail price baseline. Jewelers often trade diamonds at negotiated discounts off the Rapaport price (e.g., "R −3%").
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods.
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Detailed view of the recreated great Golden Fleece of king Louis XV of France. Below the 107 carats (21.4 g) spinel Côte de Bretagne hangs the French Blue diamond and the fleece itself, set with hundreds of yellow diamond replicas. The Tavernier Blue was the precursor diamond to the Blue Diamond of the French Crown (aka the French Blue).
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