why is diamonds are expensive? where we could find rubies and other precious stones?

Answer 1

One of the reasons that diamonds are expensive is that it takes ALOT of work to get a single carat of diamond out of the ground. For instance, mine workers have to sift through tons of dirt and rubble to find a reasonable size and quality stone that can be cut and polished before being looked at to be used in a piece of jewelry. Also, it takes millions of years of the earths pressure to compact enough carbon beneath the surface of the earth to form into a rough diamond. Basically, there's ALOT of effort that goes into mining diamonds, unfortunately, they don't magically appear in a piece of jewelry in a jewelry store, as some people think. Of course, prices also depend on whats called the R.A.P.Rapport and the mark-up that jewelers put on the items of jewelry in their stores.

As far as finding Rubies and other precious stones, your local jeweler should be able to order them for you, depending on rarity and availability- or you could search on line.

I hope this answers your questions.

--Jeweler

Answer 2

As some contributors have noted, the value of diamonds is artificial, because the market is controlled and highly organised, to ensure that the value stays high. Other precious stones (ruby, saphire and emerald) may be, carat for carat, more valuable than diamonds. A true chrysoberyl alexandrite of top quality would also be more valuable than a diamond. The other thing is that diamonds have a unique place in history, and have a fascination that other gems don't match.

In recent years, however, the value of rubies and saphires has fallen; because very good, pure stones of exceptional quality can be manufactured artificially (and only an expert can tell the difference). Although diamonds can now also be made artificially, it is not yet possible to make large gemstone diamonds like the artificial rubies.

On the other hand, there are types of diamonds that are more valuable than others. Pink and rare blue diamonds are more valuable than the clear varieties; and most valuable of all gemstones are the exceedingly rare ruby-red diamonds.

Answer 3

The reason diamonds are so expensive is because the market is minipulated and controlled. If all the diamonds that have been mined were put on the market just like other precious stones such as rubies, emeralds etc they would be next to worthless. We pay what we pay because the supply is controlled.

Answer 4

There are a variety of engagement rings on the market, including tattooed rings and rings that leave an indentation on the finger. There is also a nesting engagement ring that fits under the wedding band. Each is unique and beautiful, but the style depends on the bride. As far as cost is concerned, it varies. A tattooed ring could cost between $60 and $160, depending on the intricacy, while a simple diamond solitaire could cost as much $25,000; however, there are some crafty ways to get a cheaper ring, especially if you're interested in getting a solitaire. All you need to do is find a "good" diamond (F-G, SI-1, colorless is an excellent choice) and get it set at a jewelry store.

Answer 5

Dont know about Diamonds and rubies but I do know where to find the rarest sapphires in the world. There is an island in the western isles called Vatersay... They have found some of the most rare jewels in the world there. ONE IS QUITE RARE>>>>> it is called the Donald jewel.. named after the gut that found it. It is a sapphire and it is named after the guys best friend...ANDY. He doesnt like boasting and didnt realise it was worth so much until someone said to him....'thats a precious stone you've got there son' and he said...no I didbnt know that' but I will check it out... The rest is history as they say....,.lol hah aha ha ah but it is true what I say!!!!

Answer 6

That is a good question.

Why is a complex structure of a single common element of life precious to humans? Well I can only say the beauty one takes about the diamond causes such an obsession with precious stones.

The most ideal place for a precious stone to form is a place abundant in the necessary elements and plenty of heat and pressure.

That or anywhere you haven't dug up yet! ^.^

Answer 7

Diamonds are expensive because the market is controlled by a cartel which artificially rigs the price and availability of the gems.

The diamond invention—the creation of the idea that diamonds are rare and valuable, and are essential signs of esteem—is a relatively recent development in the history of the diamond trade. Until the late nineteenth century, diamonds were found only in a few riverbeds in India and in the jungles of Brazil, and the entire world production of gem diamonds amounted to a few pounds a year. In 1870, however, huge diamond mines were discovered near the Orange River, in South Africa, where diamonds were soon being scooped out by the ton. Suddenly, the market was deluged with diamonds. The British financiers who had organized the South African mines quickly realized that their investment was endangered; diamonds had little intrinsic value—and their price depended almost entirely on their scarcity. The financiers feared that when new mines were developed in South Africa, diamonds would become at best only semiprecious gems.

The major investors in the diamond mines realized that they had no alternative but to merge their interests into a single entity that would be powerful enough to control production and perpetuate the illusion of scarcity of diamonds. The instrument they created, in 1888, was called De Beers Consolidated Mines, Ltd., incorporated in South Africa. As De Beers took control of all aspects of the world diamond trade, it assumed many forms. In London, it operated under the innocuous name of the Diamond Trading Company. In Israel, it was known as "The Syndicate." In Europe, it was called the "C.S.O." -- initials referring to the Central Selling Organization, which was an arm of the Diamond Trading Company. And in black Africa, it disguised its South African origins under subsidiaries with names like Diamond Development Corporation and Mining Services, Inc. At its height -- for most of this century -- it not only either directly owned or controlled all the diamond mines in southern Africa but also owned diamond trading companies in England, Portugal, Israel, Belgium, Holland, and Switzerland.

Read the rest of this article at the first link.

Many of the world's best natural emeralds are mined in Colombia.Some of the most rare emeralds come from three main emerald mining areas in Colombia: Muzo, Coscuez, and Chivor. Fine emeralds are also found in other countries, such as Zambia, Brazil, Zimbabwe, Madagascar, Pakistan, India, Afghanistan and Russia.

Rubies are mined in Africa, Asia, Australia, Greenland, Madagascar and North Carolina. They are most often found in Myanmar (Burma), Sri Lanka, Kenya, Madagascar, and Cambodia, but they have also been found in the U.S. states of Montana, North Carolina and South Carolina. The Mogok Valley in Upper Myanmar has produced some of the finest rubies but, in recent years, very few good rubies have been found there.

Answer 8

It take a long time for a diamond to form from a piece of coal so that in itself makes it precious. You also have to consider the mining and the sorting that goes into the process. There are no shortages of diamonds. DeBeers make's sure of their value by dumping surpluses in the ocean to keep their value and their pockets full.

Answer 9

There are HUGE books about diamonds. The grading process is so complex. There size is measured by the points on them; like 90 points is 1 karat maybe. Did you know a real ruby or emerald can cost more than a diamond. -By the way, I love your pic! Email my azz if you want, hmmmm......

Answer 10

There is a monopoly on the diamond market. Only few familys own all of the diamond business in Africa.