When planning to purchase a diamond, the top article that comes to temperament is how costly it is, which raises the question: why are diamonds expensive? It is well avowed that diamonds are expensive but what are the reasons for this.
Why are diamonds expensive?
Below we transact a look at why these stones are so valuable and in gangling demand
WHY DIAMONDS ARE SO EXPENSIVE?
- DIAMONDS OF HIGH QUALITY ARE RAREIt is worth pointing out that not all diamonds mined are advantage enough to be used in jewelry, in fact, most of them are not interest enough to be used The ones that are of good lanky level and can be used in jewelry and sold to the national are few. Therefore, because diamonds that are colossal in superiority and hold acceptable level are rare, they attract big prices
- COLOR OF THE DIAMONDOne of the most vital characteristics of a diamond is the color it has Basically, the whiter or further colorless a diamond, the higher its value. In a method its corresponding to Vodka: expensive Vodka has hardly flavor aside from the alcohol of courseA stack of diamonds mined are colourless with a few of them categorized as not having any tints Stones that demonstrate contract color merit with faint yellowish shades are besides uncommonly heavy to find The rangy prices charged for colorless diamonds is due to how these kernel are strenuous to find, moulding it one of the reasons why diamonds are expensive
- DIAMONDS OF HIGH CLARITY ARE RAREAnother requisite characteristic of diamonds is how receptive they look A diamond of high clarity has little, if any, declared imperfections like lines or dark spots within the stone. Finding diamonds with no imperfections is rare and even finding the ones with few flaws is totally tiring as well Naturally, most stones found, have some pace of imperfections or flaws in them When kinsfolk insist on having diamonds with none or few imperfections and flaws it leads to prices of diamonds going up, which is why diamonds are expensive.
- BIGGER DIAMONDS ARE NOT READILY AVAILABLEThe size of a seed matters when it comes to its remuneration and how expensive it entrust be When looking at prices diamonds of different karat weights one leave directive that the bigger the devotee is the higher the fee per karat entrust be because larger and bigger diamonds are heavy to attain Apart from this, getting high stones that are of remarkably rangy clarity is further laborious because the larger the peanut is, the additional likely it is to own imperfections.
The latter instigation why diamonds are so expensive is because of all the traders involved in the process It starts with the gang which mines the stones and sends it to the storehouse where it is then packaged and sold to traders The diamonds are then taken to the city where the cutters assignment on them to obtain the fix massage to declare their brilliance They are then sold to wholesalers who sell them to retailers from where they are bought by the hindmost consumer All these processes with each person involved hoping to make a good explains why diamonds are expensive