Diamonds Secrets
         your diamonds connection

Are you looking for Diamonds as an investment? Dr Woody Stanley provides answers to
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Diamonds are Rare

How Rare are Diamonds?

When you walk into a jewelry store and see all the diamonds in all of the various settings that are for sale, it is difficult to realize that diamonds are really rare. Most people don’t even stop to consider how that diamond came to be sitting in that jeweler’s case! There is quite a bit of work that is done before a diamond is ready to sell to the general public!

Diamonds Rarity

Here's why diamonds are rare. For every one million diamonds that are mined, only one will be found that is a quality one carat diamond. In order to find a two carat diamond, about five million diamonds must be mined. That's what I call diamonds rarity!

More than two hundred tons of ore must be mined to find one small diamond, and even then, more than 80% of the diamonds that are mined are only good for industrial use, such as diamond drill bits.

Generally, diamonds fall into 3 groups: gem quality, near-gem quality, and industrial quality diamonds. Less than half of all diamonds mined are of gem quality, which are used in jewelry.

Near-gem quality diamonds are kind of middle group - depending on the stones quality, they can end up as gem diamonds, or industrial diamonds.

Industrial diamonds are valued for their hardness and heat conductivity. As such, they're used as abrasives and semiconductors.

Appreciate Diamonds Rarity

So, the next time you visit your local jewelry store, ask to see the one carat diamonds. You should look at this diamond with new appreciation – knowing that diamonds are rare is what makes it truly is one in a million!

Because it's the process of finding a real diamond what determines rarity of diamonds.

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