Diamonds - Bethany

This quote was added by user56583
A common gem found in the earth, it is highly compressed carbon. Fake diamonds are very easily recreated. Yet the "real" diamonds with scratches on them are far more expensive. Why is such a common stone considered rare and expensive? Because a select few own most of the diamond mines in the world. If they were to release all the diamonds they would become just another stone.

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acgimael 5 years, 2 months ago
This is absolutely not true. Diamonds are not common. And diamonds are not so easily made. They can be made either by the High Pressure High Temperature (HPHT) method or by Chemical Vapour Deposition (CVT), and for you to have a really high quality diamond is not really easy. Most of the diamond production in the world ends up going to drills and scientific purposes, such as lasers and other assorted uses. As of 2013, some 2% of the gemstone market was comprised of artificial diamonds. And yes, as sunnyj.allday has written, market prices are not necessarily correlated to something's rarity. Still, natural diamonds are not common.
sunnyj.allday 5 years, 8 months ago
Diamonds are expensive because people perceive them to be expensive and it all started with an ad back in 1947 for De Beers engagement ad campaign. "Diamonds are forever." In all reality its just a common rock.

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