December 6, 2009 in Contributer by admin

Are Diamonds Really Rare? Scarcity Issues Discussed Here

When you walk into a jewelry store and see
all the diamonds in all of the various settings
that are for sale, it is difficult to realize that
diamonds are indeed rare. Most people
don’t even stop to consider how that
diamond came to be sitting in that jeweler’s
case! There is quite a bit of work that is done
before a diamond is ready to sell to the
general public!

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For every one million diamonds that are
mined, only one will be found that is a quality
one caret diamond. In order to find a two
caret diamond, about five million diamonds
must be mined. More than two hundred tons
of ore must be mined to find one small
diamond, and even then, more than 80%
of the diamonds that are mined are only
good for industrial use, such as diamond
drill bits.
So, the next time you visit your local jewelry
store, ask to see the one carat diamonds.
You should look at this diamond with new
appreciation – knowing that it truly is one
in a million!

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Article Source:http://www.articlesbase.com/shopping-articles/are-diamonds-really-rare-scarcity-issues-discussed-here-1546284.html