Most Expensive Diamond Ever Sold: The most expensive diamond ever purchased at auction was the 59.6-carat “Pink Star” diamond, which sold for $83.2 million in 2013. The buyer defaulted on the purchase in 2014, however, so Sotheby’s was forced to pay $60 million for the stone under the terms of its original agreement with the seller. World’s MOST EXPENSIVE & MOST FASCINATING aircraft—the TWO BILLION DOLLAR B-2 ‘Stealth Bomber’!

As long-time jewelers, we receive many questions about diamonds from our customers, one of the most popular is, “why are diamonds so expensive?” The answer is almost as faceted as a diamond itself! Here are a few factors that contribute to diamonds being highly prized and typically more expensive than other gemstones. Diamonds are actually quite rare. They are formed over many centuries (in contrast to manufactured diamonds which are quickly formed). The bigger and better quality they are, the more rare they become.

It takes an expert hand to cut and polish a diamond. Hearts on Fire (TM) cuts take about 4 times longer to cut than an average diamond. The payoff is in greater brilliance emerging from a raw diamond.

Only.01% of 1% of available diamonds is able to be cut perfectly, further narrowing the window of such rare and perfect specimens.Specific factors such as cut and color are taken into consideration when grading and pricing diamonds relative to each other. Since this topic is quite involved, and we want to educate not overwhelm you, we have broken it into four parts (Part 1 – Cut, Part 2 – Carat Weight, Part 3 – Color, Part 4 – Clarity). Some basic knowledge will not only unlock the mystery of a diamond’s quality, it will help you understand a diamond’s value and price.If you know of anyone planning to purchase a diamond engagement ring in the near future, this series is a great primer to forward/share to them. Your referrals are greatly appreciated!YOU MIGHT LIKE.

Why We're DifferentOur jewelry is handmade in our family-owned store in Cupertino, California. We are accredited jewelry professionals as well as a certified Green Business. We carry the best selection of colored gemstones in the Bay Area and can cut your emeralds, rubies, sapphires and other gems in our workshop.We source diamonds or other fine jewelry from the world's best vendors like Hearts on Fire (TM). We are a top producer for Hearts on Fire (15 years and counting) and are one of only 25 HOF certified repair centers in the world.

Gem quality diamonds are expensive because demand is stimulatedby great marketing while supply is constrained by the limitedsources of gem quality diamonds dug out of the ground, the expenseof creating man-made diamonds to compete with them, and to somedegree monopolistic practices by those controlling the sources ofraw diamonds. The price was kept high for quite some time by themonopoly of the diamond trade by the deBeers company - whocontrolled 90% of the sources of rough diamonds in the 1980s. Thatis much less the case now when deBeers only controls 30% of themarket (as of 2013). Raanjhanaa 720p khatrimaza.