Diamonds Are The Most Expensive And Beautiful Diamonds In The World

The name "diamond" comes from the Greek word, "adamas" meaning unconquerable. Fittingly diamonds are made of pure carbon, and diamonds are the hardest natural substance known to man.[1][1] Diamonds have long been a sign of wealth and fortune. Kings and queens have worn these forms of concentrated carbon and even more countless millions people over time have lusted after them. These gems can be transparent, truculent white, yellow, green, blue, or brown. To understand the value of these stones, and ultimately their role in war, it helps to first understand their origins and where they come form.

Diamond is one of the most expensive gemstones. It is rare and it has difficult ways to extract. Diamond has been discoverd from thousands of years, it is the result of exposure carbon to heat under the ground over onethousand and fourhandred dgrees, and this is how diamonds are shaped. In this essay I will write , explain and compare between the four article about purpose and audence.

A diamond, it is a precious stone more value than gold and silver not only in society today but has been since its discovery. Diamonds became very much famous by the development in the supply as well as the advanced technology. Technology helped enabled the Diamond cutting, shaping, polishing as well as finishing. The name diamond comes from the Greek word, adamas meaning unconquerable. This is the perfect name because diamonds are made of pure carbon, and are the hardest natural substance known to man according to De Beers. Diamonds have long been a sign of wealth and fortune. Kings and queens have worn these forms of concentrated carbon and even more people have wished they could own and wear them. These gems come in a variety of shades and can be transparent, truculent white, yellow, green, blue, or brown. De Beers is a company that dominates the history of the diamond industry. Diamonds had become the precious luxury goods and De Beers was the company which could market these luxury goods. To understand the value of these stones, and ultimately their role in wars and other aspects in life, it helps to first understand their origins, how they are made and their impact on society. All these factors combined make diamonds particularly vulnerable to exploitation by armed rebel movements mining and trading diamonds in Africa and many other countries around the world.

The story of these infamous diamonds all started with a fifteen year old who found a diamond in his father 's arm. The diamond business started in 1935 when “De Beers” took all control over dining prospects in Sierra Leone. De Beers are a group of companies has a main role in the exploration of diamonds, as well as diamond mining, diamond retail, diamond trading, and industrial diamond manufacturing sectors.This group was founded in 1888, and they are responsible for the problems Sierra Leone is facing today. These diamonds can be found in volcanic pipes. Diamonds are a pure form of carbon in a transparent state. Diamonds have always been a sign of wealth. Historically kings and queens were known for wearing these. Over time many people began lusting over them.

One may think that he or she would want to own a diamond that is worth hundreds of millions of dollars, but when it comes to the Hope Diamond, one might want to reconsider. One of the best known jewels in the world, throughout history, and even today is the Hope Diamond. It is a beautiful blue gem, but oddly is not famous for its appearance. The diamond is so well-known because of the fascinating story that follows it. The stone currently rests in the Smithsonian and is admired by the millions that visit the museum. People are intrigued by the 45.52 carat diamond and the interesting history behind it. The Hope Diamond, one of the most famous jewels in history, is believed to be cursed and brings bad luck to those who obtain it, including Jean Baptiste Tavernier,

I was quite turned off from Group B’s argument on these bases and their thematic approach which suggested that gold, a material good, was more precious and valuable than actual people and their sacred cultural practices. While I understand that this case study is comprised of fictitious issues based in a made up country, the knowledge of the human rights issues fixed around blood diamonds I acquired from our pre-class reading and quiz helped me to take a real world stance on people verses government in the case of natural resources. Prior to the Jacqueline Soloway reading and our class discussion, I was only vaguely aware of the political and economic conversations surrounding the mining of war diamonds. For quite some time I had known that a surplus of diamonds were harvested from the overworked hands of children and impoverished peoples, unfortunately I had no exposure to multiple government’s complacent or supportive roles in having people to mine for diamonds in unsafe, war torn territories. In my daily life I advocate for fair trade, therefore I would never knowingly perpetuate the atrocities of blood diamond mining by purchasing products that result from such human rights violations; because of this I practically knew my decision before I entered the lecture hall and either group presented. I did, however, want to hear both groups out in class and make the decision I felt

A diamond is the hardest natural substance on Earth and is made of pure carbon(Rossi 1). Diamonds are formed in extreme heat, usually reaching around 2,200 degrees fahrenheit, meaning that they come from the world’s warmest countries. These countries that many of the world's diamonds are mined in include Russia, South America, or Africa(Bindenagel 2). Diamonds can be used used as a gift to a loved one, a parent , or a child, but many do not know the history of where these diamonds are coming from. A conflict diamond also known as a blood diamond, is a diamond that is mined from slavery and is sold to finance wars, rebels or a warlord (Calderwood 2). Conflict diamonds were first introduced to the world in 1935 when the De Beers,the leading

People say diamonds are a girl’s best friend. A friend that makes you happy and proud to have- but can you really trust them? What if you little “friend” on your dainty little finger not only cost a ridiculous amount of money but also cost the lives of innocent people? That would really make you reconsider buying a diamond and make you reconsider whom you trust. See, you really have to be careful where your sparkly, little gem comes from. Do you have any idea what it took just to make it to North America? Well, chances are 1000’s of children were killed or captured, people were torn away from their families and over 2.2 billion dollars were used just to smuggle those diamonds into developed countries.

Diamonds have long been considered some of the most prized and sought after possessions. They have been perceived as indicators of wealth and romance. The diamond market however; has been one of the most controversial and controlled markets in history run by a cartel “…an association of suppliers with the purpose of maintaining prices at a high level and restricting competition” (Oxford English dictionary) formed to prevent the market from becoming flooded with diamonds from too many suppliers, resulting in a price drop.

Society as a whole has become more and more dependent on diamonds as the years go by. From finding this rare gem in the depths of the earths’ crust, to it now being used as a certain love gesture. The rarity of this beautiful gem has changed, however has the price of diamonds changed accordingly with its value (placed upon by society). This essay will effectively argue that the price of diamonds is too high in the market in the present day as a result of various economic factors. The essay will give information on diamond cartels and how these cartels had been influencing the price of the diamonds. Furthermore, the essay will give rise to the economic theories that affect these prices and how the price is controlled in the market.

Diamonds are commonly known for their stunning lustre, representing innocence and constancy. Not only do diamonds have tremendous admiration for their beauty and meaning, their unique chemical structure gains appreciation from scientists across the globe. The word diamond originates from the greek word adamas, which means indestructible. Provided diamonds are the hardest substance on the planet, the definition has significant reason (Helmenstine, n.d.). Having an estimated age of 3.2 billion years, the incredible strength of diamonds allows them to maintain their composition despite significant changes in their environment (Geoscience News and Information, 2015).The extremely strong chemical structure of diamonds contributes to its unique chemical and physical properties, which allow diamonds to be used for a variety of practical applications.

In a lot of jewelry commercials, the main point is “he went to ‘name of store’” with the ring being a diamond one. A popular way of selling an engagement ring by telling the consumer where they should buy their engagement ring. The engagement ring, specifically ones with diamonds, is an interesting concept that is known as a widespread tradition. One compelling notion is that a person has to spend three months’ salary to buy one is also compelling. Some people would say that to be truly considered engaged you would need to have a diamond. They also believe that diamonds are forever. The concept is that diamonds are worth a lot more than other precious stone like emeralds and sapphires or semiprecious stone like ambers and pearls. The price of diamonds is very high, and it can be higher depending on the company and quality of cut. A lot people are worried that a lot of diamonds used for the rings may be blood diamonds, also known as war’s diamond, which are diamonds that have been mined during war, so some claims that their diamond came from another source such as a lab. The idea that diamonds are worth a lot of money is highly debatable because of how they are processed. Are diamonds even worth the cost?

For many people over generations the diamond has been a symbol of power, beauty, luxury, uniqueness, and everlasting pure love. For others the diamond has been a symbol of conflict, death, exploitation, misery, and blood shade. All the glamour and beauty attributed to diamonds might be blinding us to the impacts of its operations in Africa. In this paper we will go through a research journey to find out more about the positive and negative impacts of diamond mining in Africa and the diamond industry. Also, this research paper will highlight

“Diamonds are forever.” Or are they really? For about 80 years, the De Beers diamond company has pulled off the biggest marketing scheme ever known to mankind. Indeed, how much would you estimate your diamond engagement ring wrapped around your finger? A fair amount would be the right thing to say. However, the compressed carbon stone is worth a lot less than anyone would imagine, which is why De Beers has been such a successful company, who, thanks to a good use of marketing as well as strategy, has led the entire planet to believe that diamonds are rare, luxurious and expensive stones. They are the leader in their field, as the De Beers diamond output from their own activities is about 40% of the world’s total rough diamonds. The key to their success is that they have implemented a single channel distribution, controlling about 70% of the world’s diamonds as they pass through the CSO (Central Selling Organization, owned by De Beers), which regulates the diamond output to the market, to controls the supply and therefore the high prices. “Since the late 1800’s the South African multinational has regulated both the industrial and gemstone diamond markets, and effectively maintained an illusion of diamond scarcity” (Hollensen, 2007).

Color. Clarity. Cut. Carat Weight: These four words are what jewelers in the industry use to determine the monetary value of a diamond. However in 1947 De Beers found a way to not only boost their sales but also make a psychological necessity out of this sparkly stone, and it all began with four vastly different words, “A Diamond Is Forever” (Frances Garety), and accompanied by phrases such as “Isn’t two months’ salary a small price to pay for something that lasts forever (N.W. Ayers)?