There are perhaps no two substances more different visually or symbolically than diamonds and lumps of coal. However, diamonds and coal are virtually identical from a chemical and geological standpoint. The important difference is that the former are not only pleasing to the eye and symbolic as jewelry, they are an excellent investment - and useful in industrial machinery as well.
Of course, gem grade stones are quite different - and far more valuable - than industrial grade. In fact, four fifths of all that are mined are deemed unsuitable , and thus are used for industrial applications - primarily in activities that require cutting, drilling, grinding and polishing.
Since the 1950s, scientists have actually been able to manufacture artificial diamonds in laboratories as well. This has to do with the similarity between these and coal, the difference between which is more of degree than process. Both are made of carbon that has been subjected to heat and pressure. What happens is that diamonds are subject to much greater amounts of both - as much as 60,000 times that of normal air pressure at sea level, and up to 2300 degrees Fahrenheit.
To put this into perspective, the pressure of the air we live in is about 14.7 pounds per square inch. At 1083 feet below the sea's surface (the current scuba diving record), the pressure is over 482 pounds per square inch. Carbon that is transformed into diamonds is subjected to pressures of up to 882,000 pounds per square inch - over 440 tons. Furthermore, the temperatures that cause this transformation into white and colored diamonds is over 800 hotter than the furnaces that are required in the melting and manufacture of steel.
Such temperatures and pressures only occur naturally deep under the earth's surface - so deep that even the deepest diamond mines can only reach these precious stones that have been brought close to the surface through tremendous geological activity. This is one reason that they are found primarily in the Great Rift Valley of Africa and in the Himalayan foothills where the Indian subcontinent plows into Asia.
These conditions have been replicable in the laboratory for over half a century; however, natural and artificial diamonds each have their own unique flaws, which are detectable by trained, professional gemologists.
One difference has to do with color as well; natural colored diamonds are not terribly uncommon, and come in a wide range of hues. Some of these color variations can add tremendous value to a gem. are almost always of the white variety; colored stones make up only one in every ten thousand. When purchasing loose diamonds whether as an investment or for use in jewelry, make sure that such diamonds have been certified by an independent gemology professional.
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If you're thinking about purchasing loose diamonds or diamond jewelry, it's a very good idea to make sure that such diamonds are certified diamonds. Such diamonds are accompanied by a document known as a "grading report," which is not the same thing as an appraisal. While an appraisal can give you an idea of the monetary value of your certified diamonds, it is this grading report that is the basis of this valuation.
How Diamonds are Certified
The grading report describes certified diamonds on the basis of four qualities. These are carat, clarity, color and cut, and therefore are sometimes known as the "Four Cs" of certification. The report is for the benefit of those who create and market diamond jewelry, as well as those who purchase it - either as collectors, investors or both.
Those who prepare such reports are known as gemologists. These are technicians who generally have a degree in geology, then go on for specialized training in the study of precious gems and stones; they are to field of geology what cosmetic surgeons are to the field of medicine.
What the Grading Report Contains
Three of the criteria used to analyze and evaluate diamonds are thoroughly objective, meaning they can be readily measured and quantified. Carat of course is a measure of mass and weight; a carat is equal to 2 decigrams, or roughly 1.5 hundredths of an ounce. Obviously, the more a gem weighs, the greater its value.
With industrial diamonds, the process might stop right there. However, certified diamonds are those used in diamond jewelry, and thus must be pleasing to the eye. The SI Clarity Grade is another criterion by which gemologists evaluate diamonds. The ideal, perfect diamond is rated "FL" for "flawless." The stone is virtually clear, with no cloudy or "cottony" areas or visible cracks. Stones that are clouded and/or cracked are labeled "I3" for "imperfect."
Color is an important factor when it comes to diamonds. These gems are clear or white to be sure, but can also be pink, amber, blue, green or purple. The saturation of these colors can range from the palest tinge to the deepest, darkest shades as well. Some colors are more desirable than others; rich pink and blue diamonds may command much higher prices than dark amber or even clear ones.
Evaluating the cut is a little more problematic. While it is true that a badly cut diamond may be almost worthless, even among quality cuts, some are more desirable than others. The value of cuts when it comes to that may change over time.
Objectivity is Vital
It is important to make sure that the grading report that accompanies any have been prepared by a lab that is unaffiliated with the company or individual who is selling them, for reasons that should be obvious.
Jonathan Blocker has sinced written about articles on various topics from Cars, Jewelry and Golf Guide. Jonathon Blocker specializes in diamond jewelry and loose diamonds. He is a consultant for GemFind.com, a trusted name in the jewelry industry since 1999.. Jonathan Blocker's top article generates over 135000 views. to your Favourites.
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