Is there a stone worth more than a diamond?

Diamonds are one of the most valuable precious stones around, but not because diamonds are especially rare. In fact, high-quality emeralds, rubies, and sapphires are all rarer in nature than diamonds.

Why is diamond the most valuable?

It’s simple: market demand. For centuries, diamonds have been a sign of power, wealth and status. The stone was a rare find and therefore was worth more. To prevent too many diamonds from hitting the market, De Beers quickly intervened, bought up the mine and maintained tight control over the global diamond supply.

Why are diamonds more valuable than other stones?

The rarity, difficulties in mining, durability, cut, clarity, color, and carat of diamonds make them expensive and in demand. The psychological beliefs and myths attached to diamonds are the other reasons that makes them expensive. Not all stones found are rare, but that used for jewelry are rare.

What Stone looks the most like a diamond?

moissanite
Of all the white gemstone alternatives, moissanite looks and behaves the most like diamond.

What makes diamonds so valuable and expensive?

The reason why diamonds are so expensive can be explained as follows:-. Diamonds are used for making jewellery and diamond jewellery proves to be the first choice of every woman. The demand for diamonds in the international market, thus makes them expensive with every woman’s dream being to bedraped with diamond sets.

What is the most valuable diamond?

One of the most famous diamonds of all time, the Hope Diamond is a blue diamond. It’s considered to be one of the most valuable diamonds in the world, with an estimated value of around $300 million dollars.

Are diamonds really rare?

On Earth’s surface, diamonds are really rare, however (most people probably don’t know this) diamonds are among some of the most common minerals in the universe, only water ice, nitrogen ice, dry ice and iron minerals are more abundant.

Why are diamonds so rare?

Why are pink diamonds so rare and expensive, simply put diamonds are most common in color ranging from white, to brown and yellow. The more intense the natural color or in the case of white diamonds the lack of color, the more rare and expensive the stone.