For some Westerners, a diamond engagement ring is a go-to thing for when you choose to pop the question. In any case, because of years of promotion battles, the public trusts a significant amount of deception about these sparkly stones. So how about we smash a couple of those convictions, might we?
Given how right around 80 percent of couples in the United States today propose with a diamond ring, you would surmise this is an old tradition. After all, it appears like we have been doing it until the end of time. In reality, while the giving of a ring is an old tradition going back to at least the Romans, diamonds are another story. Around 1900, nobody proposed utilizing diamond rings. It wasn’t until the DeBeers mining corporation was formed that diamonds came into play. In what was arguably a standout amongst the best advertising campaigns ever, they associated diamonds with the virtue of marriage.
In their words, “We are dealing with an issue in mass psychology. We try to [ . . . ] reinforce the convention of the diamond wedding ring—to make it a psychological necessity for competing effectively at the retail level with utility goods and services.” They even made a “Diamond Information Center” that advanced diamonds by making up articles about the historical backdrop of diamonds. What’s more, you thought the fake news was a new thing. It was successful to the point that within three months, sales of diamonds had ascended by 50 percent. Oh yeah, that thought that you ought to spend a while of your compensation on an engagement ring? Another DeBeers creation.
2. Last Forever?
“Diamonds are perpetually” is presumably a colloquialism that is imbued in most people’s brains. This is a marketing ploy from DeBeers to get more individuals to purchase diamonds. The fact of the matter is more depressing. While beyond any doubt diamonds are one of the hardest things on the planet, that hardness includes some significant pitfalls. Diamonds are quite brittle. Strike them on the correct path and at the right strength, and they will split or chip. So simply don’t be a butterfingers at your proposal, or you may have an extremely costly mistake.
Diamonds have another defect that makes it impossible for them to see forever. At its heart, a diamonds is only a genuinely pure piece of carbon. This is an indistinguishable stuff as the graphite in your pencil or a piece of wood. Much the same as graphite or wood, if you add enough warmth and oxygen, diamonds will burn. It takes a temperature of around 900 degrees Celsius (1,652 °F) to set a diamond ablaze. This temperature is effectively gotten with a propane burn or in a house fire. In fact, diamonds are such pure carbon that they will burn down to carbon dioxide gas, leaving not a speck of ash behind.
When you consider diamonds, a heap of bright, sparkling stones rings a bell. However, in the diamond world, these are the cheap stones. Diamonds come in a variety of colors, for example, blue, yellow, brown, black or the most valuable: pink. All of these are rarer and more costly than the colorless ones we are used to. In fact, one of the most precious diamonds ever sold was a fancy; vivid blue diamond called the Oppenheimer Blue. It acquired a cool $57.5 million in 2016. Still, it is good to know that the cheap, clear stones are as yet being sold. We wouldn’t need the diamond vendors to lose the leases on their second vacation homes, OK?
Another reason that diamond dealers have the stunning cost labels on their products is the “fact” that diamond is a rare item. After all, if something is uncommon, it’s costly, isn’t that so? In reality, the main reason that we consider diamonds as rare is due to our old friends, the DeBeers corporation.
For a long time, DeBeers had a monopoly on the diamond industry and could control what number of diamonds were produced. This was a splendid procedure to make rarity and raise costs. Numerous different gems are in reality much rarer than diamonds. In fact, there are sufficient diamonds for each in the US to get their very own bowl. Although DeBeers no longer has a grip on the diamond business, the image that they spent so much time cultivating still catches the imagination.
6. A Good Investment?
However, another myth that the DeBeers organization has encouraged upon us is that diamonds are a good store in value. You aren’t only squandering two or three months of your life on a pretty stone; it’s a decent investment. Truly, diamonds are only a retail good. When you purchase a diamond, its value drops by quite a bit. After all, you need to pay the dealer’s fee, the miners, taxes, etc.
Everybody who touched the diamond before you needs to get paid, and you won’t have the capacity to recoup that cost when you sell it. All in all, there is a 100-to 200-percent markup on the cost of a diamond, so anticipate that that will vanish the moment you purchase it. The reason behind why people at any point believed that diamonds appreciate in value is because DeBeers used to settle the cost of diamonds with the goal that they went up each year. Without this interfering, diamonds hold their incentive, best case scenario. So, the bottom line is expected to lose most of the money you sunk into the stone if you try to sell it.
Blood diamonds are more than a fabulous action movie featuring Leonardo DiCaprio. These stones, otherwise called conflict gems, basically originated from the seedy parts of the world, particularly in Africa. These gems give pay to warlords, criminals, and terrorists, while the people who mine them make a pittance. The United Nations established the Kimberly Process Certification Scheme, which aims to stop these misuse.
However, loopholes and workarounds make it hard to implement. After all, how would you tell if a shiny rock was mined lawfully from a territory or unlawfully? Also that the chain of custody stops at individual jewelers. The only way you can tell if your diamond is conflict-free or not is to believe the jeweler to purchase certified stones and not the less expensive blood diamonds. This implies various abuses still happen in the mining of diamonds, and the business will most likely have blood on its hands for quite some time.
The shocking truth is that we can now make diamonds efficiently in the lab. These stones are indistinguishable to the ones that are pulled from the Earth. They are similar to the point that even trained specialists with years in the field can’t tell them apart. If the diamond growers needed to, these artificial diamonds could surge the market with the greatest number of diamonds as anybody would ever need. Obviously, they won’t because to do as such would wreck the value of diamonds and lose them basins of cash, but that’s beside the point.
9. Hardest Substance?
Ask any child what the hardest thing is, and on account of the endeavors of several jewelers, they will be able to spout back “diamonds quickly.” In any case, this is not valid, or if nothing else, it’s not true anymore. Diamonds were without a doubt perceived as the hardest mineral or naturally occurring crystal—until 2009.
As researchers scoured the Earth, they figured out that not one, but rather two rare minerals beat diamonds for hardness. Wurtzite boron nitride has an equivalent structure to diamond, which lends it a similar hardness, but the different elements it is composed of allow it to eke out a bit more, making it 18 percent harder than diamond. Scientists have likewise recorded lonsdaleite, which, while chemically identical to diamond, has a different chemical structure, which makes it an astounding 58 percent harder. It’s protected to state that the king of hardness has certainly been ousted. Oh, and the hardest synthetic material? Diamond lost that in 2005.
While natural diamonds are not excessively uncommon as mentioned before, they aren’t found in any great concentration in a given patch of rock. Along these lines, the environmental effect of mining them can be enormous. For each carat of diamond that is mined, 1,750 tons of rock must be mined and disposed of. For comparison, that is around 82 completely stacked school buses of rock.
The most common way to mine for diamonds is called open-pit mining. This implies they delve a giant hole in the Earth hoping to discover the diamonds. As diamonds are commonly found in narrow veins called pipes, by far most of the material pulled from the ground is the waste. Moreover, these mines can gather water which, then becomes acidic and executes aquatic life. If you care about the environment, getting a characteristic diamond is not the approach.