It
takes approximately 250 tons of ore to be mined and processed to
produce a one carat diamond of gem quality.
Diamonds
are the hardest and most imperishable of all precious stones. The
word "Diamond" comes from the Greek word Adamas, meaning
"Unconquerable".
A
diamond is a transparent gem made of carbon, one of the earth's
most common elements. The formation of diamonds began very early
in the earth's history, the condensation of solid matter into a
sphere caused the centre of the planet to become subjected to incredible
extremes of temperatures and these conditions caused deposits of
carbon to begin to crystalise deep in the earth. As the earth's
surface cooled, volcanic activity forced steams of magna (liquid
rock) to the surface, carrying with it the diamond bearing rock
that encased the diamonds in vertical volcanic "Pipes".
Not
all diamonds are found where they first came to the surface. Subsequent
erosion of the top soil over millions of years, washed some of the
diamonds into streams and rivers and sometimes as far as the sea.
it is highly probable that they were first discovered in areas such
as these, far away from the original location.
The
first river bed (Alluvial) diamonds were discovered in India, around
800 BC. The volcanic sources of these diamonds were never discovered
but the "Alluvial" deposits were rich enough to supply
most of the world's diamonds until the 18th Century.
The
first recorded history of the diamond dates back approximately 3000
years to India where it is thought that diamonds were first valued
for their ability to retract light. The diamond was also used for
decorative purposes and as a talisman to ward off evil or provide
protection in battle.
The
earliest record of diamond polishing was again in India, dating
from the 14th Century, the earliest reference to diamond cutting
dates back to 1550 in Antwerp, the most important diamond centre
of the period, where a Diamond Cutters Guild was to be established.
Today
90% of all diamond jewellery manufactured is set with diamonds mined
in Africa, the remaining 10% is set with stones mined in Australia,
South Africa, Canada and Russia.
Today
diamonds are still a source of fascination with the majority of
diamonds purchased as a form of celebration, the most obvious being
love and commitment.
In
1477 the Arch Duke Maximillian of Austria, gave a diamond ring to
Mary of Burgandy thus starting the tradition of the diamond engagement
ring. the Egyptians believed that a vein of love (The Vena Amoris)
ran directly from the heart to the top of the third finger on the
left hand, this being the engagement finger.
Beside
the emotional reasons for buying diamonds, such as engagement, anniversaries,
births etc, many customers are buying diamonds to reward themselves
for their personal achievements.
Many
customers are now also purchasing diamonds as an investment due
to the significant increase in value. Some unofficial reports suggest
that the base cost price of specific diamonds have increased by
35% in the last three years alone. However, we would add that a
diamond is only an investment if it is purchased at the right price.
Previously
owned diamond set jewellery is far the best value for money as it
can be purchased tax free. * See out section on Tax
Free Jewellery
for more information.
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