Which diamond is costly?

Marilyne Considine asked a question: Which diamond is costly?
Asked By: Marilyne Considine
Date created: Sun, Feb 28, 2021 2:49 AM
Date updated: Tue, Jun 28, 2022 7:54 PM


Top best answers to the question «Which diamond is costly»

Though the most expensive diamond in the world is the oval-shaped legendary Koh-I-Noor, weighing a massive 105.6 carat and the most expensive diamond, we do not know the actual price of it. Steeped in mystery and legend, the stone is believed to have been mined in India in the 1300s.

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9 other answers

Topping our list of the most expensive diamonds in the world is the legendary Koh-I-Noor. Weighing in at a massive 105.6ct, the most expensive diamond in the world is oval shaped. Steeped in mystery and legend, the stone is believed to have been mined in India in the 1300s.

The most expensive blue diamond ever sold was a 14.2 carat fancy vivid blue diamond, which sold at $3.9 million per carat for a price of $57.5 million. The blue diamond that really takes the cake is the Hope Diamond currently housed at the Smithsonian, weighing in at 45.2 carats and worth an estimated $250 million.

Koh-I-Noor is the world’s most expensive diamond. It is believed that the Koh-I-Noor mine was mined in the Korah mine in India in the 1300s, and the rough weighed 800 carats. Initially ground into a rose shape and weighing 191 carats, it is one of the oldest and most famous diamonds in the world.

The 14.62 carat Oppenheimer Blue is the largest ever diamond to appear in auction. Originally owned by Sir Philip Oppenheimer, it was sold at a whopping $57.5 million in May 2016 at Christie’s, Geneva. Till 2017 it held the title of the most expensive diamond ever to be sold.

One of the most famous blue diamonds of all time is the Hope Diamond, with an estimated value of around $300 million. However, most of the value comes from the fact that it’s a famous diamond with a storied history! Red & Pink Diamonds Naturally sourced red and pink diamonds are the rarest of any colored diamond.

But the main reason that round diamonds are more expensive than other shapes is that cutting a round diamond results in more loss of the original rough stone than cutting any other shape.

Generally, the cost per carat (or weight of a gemstone) is based upon a stone’s rarity; the rarer the stone, the more expensive. Therefore, rubies, emeralds and sapphires are much rarer and, in turn, far more expensive than diamonds. MYTH #2: The bigger the diamond, the more it costs.

It’s probably no surprise that the round brilliant is the most expensive diamond cut, but we’ll explain what does into that price, and why these stunners are worth it. Why is Cut Important? Diamonds are cut to maximize light performance — the sparkle, fire, brilliance, and overall visual beauty as the light hits a diamond.

1 carat in metrics, converts to 0.2 grams. The price of platinum per gram is 25 dollars and a 1-carat diamond, considering its cut, clarity, and color, costs anywhere between 2,500 and 16,000 dollars. Diamonds are far more expensive than platinum.

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