All about Diamonds

The Diamond is the birthstone of April and the anniversary gemstone for the 10th and 60th years of marriage. Diamonds were discovered in India in 500 B.C., and the name "diamond" comes from the Greek word "Adamas" which means unconquerable - suggesting the eternity of love. Since ancient Greece, diamonds and diamond jewelry have been the traditional symbol of love, and the ancients believed they were hardened dew drops, splinters from the stars or crystallized lightning. A diamond is the hardest substance known to humankind, and is made of a crystallized carbon that has unique powers of light reflection. Since diamonds are composed of a single element, they are the purest of all gemstones.

The Clarity of a diamond is based on the number, location, size, and type of inclusions found in the stone. An inclusion is an imperfection or trace mineral in the stone that is visible under the magnification of a jeweler's loupe. The fewer inclusions the diamond has; the clearer, more brilliant and more expensive the diamond will be. A "Flawless" diamond is one that has no inclusions and is extremely rare and valuable.

Colorless and near-colorless diamonds are the most valuable. Though most diamonds may appear colorless to the naked eye, the majority of diamonds contain slight traces of yellow or light brown when viewed under a jeweler's loupe. Depending on the stone's size, a single increase in color grade can boost the value of a diamond by thousands of dollars per carat. A traditional engagement diamond is usually colorless or near-colorless.

In nature, diamonds can also occur in shades of red, pink, blue, green and deep yellow - These are called "Fancy diamonds". In the United States and around the world colorless diamonds are graded on an alphabetical scale, introduced by the Gemological Institute of America (GIA). "Colorless" or "rare white" diamonds are of color grades D, E and F. Diamonds of color grade D are very rare, and extremely valuable.
 

The carat weight alone is almost meaningless unless you also consider the cut, clarity and color of the diamond. A large diamond is not very valuable if it lacks brilliance, purity and high-grade color. However, since larger stones are rarer than smaller ones, diamond value rises exponentially with carat weight. Therefore, a diamond weighing 3.0 carats, will always be worth more than three 1.0 carat stones of the same quality. No two diamonds are exactly alike, and you must weigh all of the factors - color, cut, clarity and carat weight - when making your diamond jewelry buying decision.