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THE
DIAMOND
This
is a brief and unapologetically enthusiastic introduction to the
wonderful world of the diamond and diamond Jewellery. It's intended
to provide you with enough information to hopefully increase your
appreciation of these gems and to help you make good buying decisions.
For a more detailed study of the subject there are some links
to books, information and web sites at the end of this guide.
In the meantime, let me loose and let's get started and take a
closer look at those sparkling and valuable gems!
A
diamond is the rarest expression of one of the simplest and most
common elements on earth, namely Carbon. You and all of life on
earth is classified as carbon-based and this element is in your
body, the air you breathe, the food you eat and the ground you
walk upon. In one of its common forms you'd recognise carbon as
lumps of coal! (In case you are wondering, or are a trained
geologist about to test me the most common chemical component
occuring in the earth's crust is, in fact, Silica (SiO2). The
simplest silicate is Quartz).
The
Diamond technical bit: Moh's Hardness: 10 More about this
later!), Specific Gravity: 3.516 - 3.525, Crystal System: Isometric
occuring as Cubes, Octohedra and Dodecahedra - octohedra crystals
most commonly used for gems, Lustre: Adamantine to Greasy, Cleavage:
Octohedral, Fracture: Conchoidal.
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ORIGINS
The
accepted view is that most diamonds were formed approximateley
3.3 billion years ago below the earth's surface (around 60 miles
down) in the boiling magma (molten rock and minerals). This is
where the high temperature and crushing pressure transformed simple
carbon into its crystalline form we call diamond. At some point
the earth vented the magma towards the surface through volcanic
eruptions bringing the diamond crystals within man's reach. As
the magma (lava) cooled the diamonds were locked into the columns
of solid kimberlite or lamproite which we call 'pipes' and it's
these pipes that are mined today for their rare and precious cargo.
The
most famous diamond producing area is South Africa where the first
diamond find was reported in 1866. Alluvial dimaonds have been
found throughout the USA, the largest North American find weighed
a modestly impressive 40.23 carats and was found in Arkansas.
North western Australia (the Kimberley district) produces diamonds
but these are generally quite small stones and usually coloured
(mainly yellows). The most legendary of diamonds were discovered
in the Golconda area of southern India and include the Koh-I Nor
and the Jehangir daimonds. Some good quality diamonds are also
found throughout Brazil and just recently there have been diamond
finds in Russia.
Just
for the record the world's largest rough diamonds (that's the
uncut crystal) include, at No1 slot, The Cullinan (3,106 carats)
followed in size order by Excelsior (995.20 carats), Star of S
Leone (968.90 carats), The Incomparable (890.00 carats) and Woyie
River (770.00 carats). By the way, The Cullinan was studied, cleaved,
cut and polished into a number of gem diamonds, two of these (one
is called 'The Great Star of Africa' it has 74 facets,is pear
shaped and weighs 530.20 carats) reside in The British Crown Jewels.
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DIAMONDS ARE FOREVER
The natural diamond crystals we mine from the volcanic pipes vary
tremendously in size, shape, colour and transparency. However
they all share one very important characteristic - they are the
hardest known natural substance on earth.
On
Mohs' scale of relative hardness (Freidrich Mohs 1773-1839) the
diamond scores the maximum ten. However, the scale is a little
misleading in that the next 'hardest' at 9 on the scale is Corundum
(in gems that is the sapphire). But if we translate the Mohs scale
into something more detailed in the form of the Rosiwal Grinding
Hardness scale (August Karl Rosiwal 1860-1923) then Corundum at
9 rates 1,000 but diamond at 10 rates 140,000. So although the
'next hardest' gem to diamond is the sapphire, the diamond is,
in fact, 140 times harder!
In
other words, the only thing that can scratch a diamond (either
as a rough crystal or as a finished gemstone) is another diamond!
That's probably one reason why we have the saying "diamonds
are forever" because a diamond, once formed 3 billion years
ago, remains completely unchanged. Unchanged by time and nature
until man applies his ingenuity and artristry to bring out the
diamond's secret - when cut and polished, a diamond reveals colourful
'fire' and brilliance unmatched by any other natural gemstone.
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THE GIFT OF LOVE
These
days it seems quite natural for us to signify our love and commitment
through the gift of diamonds in the form of engagement and eternity
rings, and to adorn our loved ones (and ourselves!) with a wide
variety of diamond Jewellery. As I write these words on my trusty
iBook G4 I am wearing a Cartier Santos
100 with a diamond set case and bezel. Like many men today, I
enjoy wearing diamonds and having access to them. However it wasn't
always so. History shows that diamonds were exclusively reserved
for royalty until around the 15th century and until then were
seen as symbols of power and invincibility. This is interesting
as the word Diamond comes from the Greek "Adamas" meaning
"unconquerable".
The
origins of the engagement ring have been traced to the 15th century
in Austria. It was here, in the year 1477, that Archduke Maximillian
sealed the arrangement to marry Mary of Burgundy by the gift of
a gold signet set with diamonds in the form of the initial "M".
You might also wonder why we seem to have established a particular
finger for ladies to wear their engagement ring upon. This tradition
seems to go back to the kingdom of ancient Egypt. The ancient
Egyptians had quite advanced theories of medicine and magick and
one of their beliefs held that the "vein of Love" ran
through the third finger of the left hand directly connecting
it to the heart.
In
passing, you might wonder at the tradition of the eternity ring.
The ring is a circle which, as the wording in some church wedding
services reminds us, signifies something withouit end. The ring
therefore is symbolic of love that has no end and is therefore
for eternity. Giving a diamond eternity ring for commemorating
a significant anniversary is a beautiful and lasting expression
of undying love. Yes, I'm a romantic at heart!
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SORRY GUYS, SIZE DOES MATTER!
As a naturally occuring material, diamond is found in a wide range
of sizes. Diamonds are valuable because only a small amount of
the total produced by nature have ever reached the earth's surface.
Of those diamond crystals that are mined many are not suitable
for cutting and polishing as gems and are, instead, used in industry
where their extreme hardness is ideal for cutting and polishing
tools.
Even
those stones that are deemed suitable for cutting and polishing
have a lot of 'waste' that the cutters will have to discard. Quite
a large amount of the native crystal will be cut away as smaller
stones or industrial abriasive to avoid the faults and inclusions
that would make the finished gem to low in clarity and possible
colour. Of all the stones deemed suitable for use as Jewellery,
only around 5% will be above 1 carat (100pts/0.2 gram)
in weight. Approximately 250 tons of kimberlite/lamproite ore
must be mined and processed to produce one carat of polished diamond
at gem quality. So in the case of gem diamonds the old adage is
absolutely true; Big IS beautiful!
So
you may comment that the average high street is full of diamonds
in umpteen shop windows these days, and up to a point you'd be
right. However, take a closer look and you'll discover that by
far the majority are small and well below even 0.33 carats. Try
finding stones above one carat and you will see that they are
far rarer. To understand how we calculate the size of a diamond
please refer to the Carat Weight explanation later in this article.
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THE FOUR Cs
Once a diamond crystal has been cut and polished to create a recognisable
diamond gem the variations mentioned earlier will still be noticeable
to some extent and will have an effect on the stone's market value.
In order to have consistency in valuation diamonds are 'graded'
according to very tightly defined parameters. In the Jewellery
trade a diamond's 'grade' is defined by what we call 'The Four
Cs' and these are Cut, Colour, Clarity
and Carat weight. Hopefully after reading this article
you will also have a fifth 'C' at your service, meaning
"Confidence" in your ability to select and discuss
your diamond purchases with a reputable jeweller!
So
let's have a quick look at these four Cs, starting with the interesting
one of Cut.
CUT
Of the 4Cs cut is the one where the skill and ingenuity of man
comes into it's own. The other three Cs are dictated by nature
and were set in stone (literally) 3 billion years ago. The cut
is what brings the diamond to life by making as much advantage
as possible of the diamond's refractive and reflective properties.
When a diamond is cut to precise angles and proportions light
enters the stone and is reflected and refracted from internally
one facet to another and then is released (dispersed) through
the top facet which is called the crown.
A
badly cut diamond is one where the angles are just a little too
shallow or steep and the light then escapes through the sides
or bottom before being reflected. The end result is that such
a stone will lack the sparkle, brilliance and fire (colours of
the spectrum) of a well-cut one. So a diamond that has good colour,
clarity and carat weight is still totally dependent on the cutter
and polisher's skills to release it's full beauty. So here, for
your information dear reader, are the seven most recognised cuts
of diamond:

Please
Note that there are other 'proprietary' cuts of diamonds on sale
that have been developed and marketed as exclusives by retailers
such as Goldsmiths Group's "Millennium".
COLOUR
Although you will normally only see diamonds that appear to be
colourless or white in themselves, natural diamonds come out of
the ground in a surprising range of colours. As the beauty of
a diamond depends on the effects of light and the cut's ability
to split the light into the colours of the spectrum, some natural
diamond colours do not lend themselves to being transformed into
Jewellery.
The
most common colorations are in the yellows, greys and browns.
Sometimes the converted carbon stays entirely black and you have
a black diamond. However, some rarer colours of natural diamond
can add to the value of the finished gem. The rarer colours are
blues, oranges, and greens.
For
general guidance the whiter (colourless) the diamond, the better
it is and it's selling price will reflect (!) this factor accordingly.
For this reason we grade the colour of diamonds from colourless
white through to distinctly yellow by means of an alphabetical
scale. Although grading is a science in simplest terms for the
customer we can understand this scale as follows:

Other
colours are certified as 'fancies' but are pretty rare to find
in your average high street jewellers. The most famous perhaps
of the fancy coloured diamonds is the 'Blue Hope' once owned by
Louis XIV and purchased in 1930 by Henry Philip Hope who gave
it its current name. It now is on display at the Smithsonian Institute
in Washington, USA where this 45.52 carats blue diamond has become
famous.
CLARITY
As a natural product of nature cooked up, as we learned earlier,
in a boiling soup of molten rock and minerals some 3.3 billion
years ago, it is not surprising that almost all diamonds contain
inclusions and faults. These inclusions are often quite small
particles of black carbon left over from the magical conversion
of raw carbon into diamond. The small black particle inclusions
are often not visible to the naked eye - and spread around the
crystal. Some natural faults or flaws in the crystal structure
appear as milky veils inside the stone that can also include black
carbon particles.
This
is where the cutter's art of studying the rough stones thoroughly
from all angles and at various powers of magnification pays off.
By being acutley aware of the inlcusions and plotting them in
three dimensions the cutter can begin shaping the finished gem
so as to avoid some inclusions and position others in the finished
cut. However, let's be clear about this, inclusions are a natural
feature of diamonds and can be likened to fingerprints making
each stone unique. The fewer inclusions there are in a finished
gem the rarer that gem becomes, but the position, size and nature
of the remaining few inclusions make the gem unique. I like that
thought, my diamond in my signet ring is unique with no other
diamond on earth quite like it!
The
clarity of a diamond is graded just as with the other Cs. There
are currently three accepted systems of classifying diamond colour
namely GIA, HRD and CIBJO. An international (ISO) standard is
being established but for now the three are the major grading
sytems in use. For the customer the easiest way to understand
the clarity of a diamond is from the letters and numbers that
relate to the chart here:

So
that's three of the four Cs and, if you're still with me and haven't
given up hope, here's the last one!
CARAT WEIGHT
All precious gemstones share a common system for understanding
the size of the gem by measuring the actual weight of the finished
gem. The size of a diamond or any precious gem is defined by its
weight in carats or points of a carat. Please note the word "carat"
can be seen in regular use in reference to the purity of gold
but in that case the word has an entirely different meaning. In
diamond terms carat is a word that derives from an ancient unit
of weight, namely the seed of the carob tree. If you are wondering
the Carob tree is remarkable in that ALL its seeds are always
uniform in weight and size and so provided the ancient traders
with a reliable and constant reference. Today with our weights
and measures standards we have defined one carat as 0.2 grams
(one fifth of a gram) and divided this into 100 points. So a diamond
of 25 points would be also expressed as 0.25 (one quarter) of
a carat.
The reason for defining the size of a gem by it's weight rather
than, say, by how many millimeters it is across and top to bottom
is quite simple. The CUT of a diamond or other stone may give
it an apparent size that doesn't actually reflect the depth of
the stone and the total mass of gem present. A stone of 1 carat
in each of the seven most commonly used cuts (see above) will
present, once mounted, a surprising variation in its apparent
size!
As
stated earlier the larger a diamond is in carats weight, the rarer
it is. This rareness increases in relation to the increasing carat
size so a diamond of 6 carats would be consdierably rarer than
one of 2 carats and this will be reflected in the pricing. We
price diamonds in £/$ per carat and the price per carat
increases with the size of the stone, so a stone that weighed
2 carats will cost less per carat than a stone at 6 carats will.
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THE
LAST WORD FROM THE AUTHOR
So there you have it, a crash course on the subject of those wonderful
gems we call diamonds. I did my best to not get too detailed but
to give you some idea of how fascinating diamonds can be. Please
have a look at the links to various diamond-related information.
Hopefully you will find the information I have provided at best
useful and at least an interesting read. I want to just add a
note of caution now dear browser. I want to raise my 'pet peeve'
of the moment on the matter of diamond 'certfication' and offer
words of caution (and hopefully, wisdom).
There
has been a trend of late for certain high street jewellers to
promote their diamond rings through presenting them on display
along with certification of the stones. Now it's true that diamond
certification by such bodies as GIA, HRD, IGI and CIBJO is a valuable
aid if you are buying diamonds as investments. A loose
investment stone's value will be set in relation to the 4Cs and
the certification provides an objective evaluation of the stone
against those criteria which a future purchaser will accept as
a pricing formula.
However,
if you are buying a loved one an engagement ring you are supposed
to be buying with your heart not your bank manager's brain! You
don't buy a ring for your beloved on the basis of how much you
could get back later if you resell it. You buy it for its beauty
and because she will treasure it and wear it for a lifetime (we
hope). So what's the point of 'certificated' diamond rings on
sale? Well perhaps you could say the certificates are there to
give you confidence that the rings and diamonds are good value?
Hmmm, unless you work closely with diamonds and loose gems regularly,
and understand precious metal values, you quite frankly haven't
a snowflake in hell's chance of equating 'J(2), Brilliant (good),
S12, 0.77cts' to the price tag.
Any jeweller can certify any diamond by paying the fee and submitting
it to the relevant body. If it comes back as 'J(4),Brilliant,
P3, 0.85cts' then it's a certificated gemstone -but it is a low
quality stone and might be better of in a drill bit! I have had
certificated rings brought in to me for valuation for insurance
purposes and, when the valuation didn't reach the client's expectations
for a certficated stone, had to explain to the client that the
certificate simply confirmed that the stone was imperfect not
that it was valuable.
So
by all means look at and consider purchasing a ring that has certifcated
stones if you like the ring and you understand what the certficate
is saying to you. The explanations of the 4Cs above should go
some way to helping you. Feel free to print them off and take
them with you for reference. Deal with jewellers who you trust
and who understand the importance of the purchase to you/your
loved one. Insuring any diamond Jewellery is, in this day and
age, sadly a sensible thing to do, so by all means ask your jeweller
to provide you with enough information to register the gem with
your insurers.
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