Diamond Rings
September 18th, 2007. Published under Pastor Geneve Investing, Pastor-Genève, Pastor-Genève bvba. No Comments.
By: M. John
Diamond is a mineral and is the hardest known substance to man, but one of the simplest being composed of carbon. Throughout history diamonds have been associated with mystical power, great beauty and more recently great value and wealth. The word comes from the Greek meaning ‘adamas’ meaning unconquerable and they have been worn throughout the ages by men going into battle as a sign of strength, courage and invincibility.
They are not as liquid as traditional investments. Searching the globe for the most exquisite and rare diamonds has traditionally been the preserve of the fantastically rich and famous, but apparently, things are changing. We were very fortunate to acquire a selection of coloured diamonds.
Most diamonds still originate from central and south Africa although there have been other significant finds in Canada, Brazil, Australia and the biggest diamond mine is in Siberia. The diamond market is very much dominated by De Beers to control the supply and price of diamonds across the world by what some would say are monopolistic practices.
Some of the worlds largest and most valuable diamonds are in the Tower of London in the British Crown Jewels.
Diamonds are indeed very desirable objects and are worn throughout the world set in precious metals in many different types of jewellery. One of the most common pieces of jewellery is still the ladies diamond engagement ring and many women still choose to have a diamond as a symbol of love to wear on their engagement finger whether it be the traditional solitaire or three diamonds which some believe signifies ‘I love you’. Diamonds have always been associated with romance and legend and it is said that Cupid’s arrows were tipped with diamonds because they possess a magic that nothing else has equalled.
Diamonds vary enormously in price according to size and quality so when choosing diamond rings it is important to consider your budget.
Diamonds are graded according to the 4 c’s which refers to cut, clarity, colour and carat. The cut of a diamond is very important as it affects the reflective qualities, which will determine the brilliance of a diamond and how it looks to the naked eye. Cut should not be confused with shape such as pear, emerald, round etc.
Clarity refer to the number of flaws known as inclusions in the stone and the stones which have fewer inclusion are more highly prized and valuable because they have greater brilliance. Remember though that a diamond doesn’t have to be flawless to look absolutely stunning.
Diamond colour usually refers to whiteness or colourlessness in white diamonds with those with least colour being more valuable because of their ability to pass more light giving more sparkle and fire. Coloured diamonds do occur naturally ranging from blue to green but they are rare and very expensive.