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Carats: What a Diamond Weighs. The weight of a diamond is one of these variables that determines a diamond’s worth and is what the general public is most familiar with. The unit of measurement ...
The investment parameter of diamonds is their high value per unit weight, which makes them easy to store and transport. A high-quality diamond weighing as little as 2 or 3 grams could be worth as much as 100 kilos of gold. This extremely condensed value and portability does bestow diamonds as a form of emergency funding.
Since the per carat price of diamond shifts around key milestones (such as 1.00 carat (200 mg)), many one-carat diamonds are the result of compromising cut for carat. Some jewelry experts advise consumers to buy a 0.99-carat (198 mg) diamond for its better price or buy a 1.10-carat (220 mg) diamond for its better cut, avoiding a 1.00-carat (200 ...
In 2008, the Wittelsbach Diamond, a 35.56-carat (7.112 g) blue diamond once belonging to the King of Spain, fetched over US$24 million at a Christie's auction. In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million euros ...
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The largest diamond found by a park visitor in the Crater of Diamonds State Park in Arkansas since 1972, when it was established as a state park. It was found by W. W. Johnson of Amarillo, Texas in 1975 and was a 16.37 carats (3.27 g) white diamond, but it has since been cut into a 7.54 carats (1,510 mg) marquise shape. —
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