Why the newly discovered, second-biggest diamond ever is not worth as much as you’d think
5 years, 8 months ago

Why the newly discovered, second-biggest diamond ever is not worth as much as you’d think

CNN  

CNN — The recent discovery of the second-biggest diamond in history – a staggering 1,758-carat stone – is a remarkable find, but there’s a debate over its real market value. However, the company said the newly found diamond is “a near-gem of variable quality,” which means that, as far as diamonds are concerned, the size of the stone is not what’s most important. “There are several qualities, also color and clarity, in addition to size, as well as how it can be cut,” Rob Bates, a blogger on the diamond and jewelry industries, told CNN. “The clarity looks to be poor,” he said.“‘Near-gem’ is a term for a crystal which will produce very little gem quality faceted.” The only larger diamond previously unearthed was the 3,106-carat Cullinan Diamond, which was discovered in South Africa in 1905.

History of this topic

The biggest diamond in over a century found in Botswana, a whopping 2,492 carats
4 months, 2 weeks ago
World's second-largest diamond found in Botswana, could fetch over $40 million
4 months, 2 weeks ago
World's second largest diamond found in Botswana
4 months, 2 weeks ago
The biggest diamond in over a century is found in Botswana — a whopping 2,492 carats
4 months, 2 weeks ago
Botswana diamond: Huge 2,492-carat stone, believed to be world’s second-largest, found
4 months, 2 weeks ago
World’s second largest diamond found in Botswana
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World's second largest diamond found in Botswana
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Massive 2,492-carat diamond located in THIS country, largest in over 100 years
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Edwina Ings-Chambers investigates sustainable, ethical, economical diamonds grown in a lab
2 years, 5 months ago
Giant White Diamond 'The Rock' Makes Debut in Dubai, Expected to Fetch $30 Million at Auction
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Four labourers unearth 8.22 carat diamond worth around Rs 40 lakh in a mine in MP's Panna
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A booming market for artificial diamonds yet no match for the real thing
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Two mega diamonds unearthed in Botswana within weeks. What’s behind sudden rush?
3 years, 5 months ago
Huge 1,174-carat diamond unearthed in Botswana
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3 years, 6 months ago
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Louis Vuitton just bought the world’s second-biggest diamond
4 years, 11 months ago
Louis Vuitton purchases world's second-biggest diamond
4 years, 11 months ago

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