How Much Is a Diamond worth in Namibia?
What is a diamond?
A diamond is a mineral composed of pure carbon. It is the hardest naturally occurring substance known; it is also the most popular gemstone. Because of their extreme hardness, diamonds have a number of important industrial applications
What are the 4 types of diamonds?
Diamonds are separated into five types: Type Ia, Type Ib, Type 1aB, Type IIa, and Type IIb. The impurities measured are at the atomic level within the crystal lattice of carbon atoms and so, unlike inclusions, require an infrared spectrometer to detect.
What is diamond is made of?
Diamond is composed of the single element carbon, and it is the arrangement of the C atoms in the lattice that give diamond its amazing properties. Compare the structure of diamond and graphite, both composed of just carbon.
What rock is diamond found in?
Diamond is only formed at high pressures. It is found in kimberlite, an ultrabasic volcanic rock formed very deep in the Earth’s crust. The extreme pressures needed to form diamonds are only reached at depths greater than 150km.
Why is diamond expensive?
Diamond production is falling as mines reach the end of their productive life. Diamonds are expensive because they cost a lot to bring to market, there’s a limited supply of fine quality gems, and people around the world want to buy them. It’s simply supply and demand.
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Which diamond is best?
FL (or Flawless) is the highest grade for clarity. An FL diamond has no imperfections even when magnified 10x by a professional. For color, D or completely colorless diamond is the highest grade. While flawless and colorless diamonds are extremely rare, cut determines a diamond’s true value.
Which diamond is costly?
The Pink Star is the largest known diamond to receive a Vivid Pink color grade and just sold for a whopping $71 million in Hong Kong. After five minutes of bidding at Sotheby’s, the oval-shaped 59.6-carat pink diamond broke the record for the highest price ever paid for a jewel.
How much is a diamond worth in Namibia?
Namibian diamonds last year continued to be the most valuable in the world by far, with an average value of US$342.97, or about N$2,500, per carat.