Diamond Facts

Understanding the history and facts about diamonds can be fun, since they are everyone’s favorite gemstone. See Michael C. Fina’s diamond information below!

    Diamond Information

  • The birthstone of April is a diamond, which is also the most celebrated gemstone in Western culture.

  • Diamonds are brought closer to the earth’s surface through volcanic activities

  • 80% of the world’s diamonds are not good enough to use for jewelry

  • Diamonds were first discovered in India

  • The majority of diamonds are utilized in the industrial industry, about 80%

  • The current diamond market is mainly split between industrial and gemstone grade. Industrial grade diamonds are used for heat conduction, electricity semiconductors and more. The gemstone grade diamonds are used for diamond jewelry such as earrings, bracelets, and engagement rings.

  • The United States is the main purchaser of diamonds around the world. They make up about 35% of the world’s entire diamond sales. The second major purchaser of diamonds is Hong Kong, making up for about 26%.

  • Diamonds are colorless in their most pure state

  • The most rare colored diamonds are blue and red

  • The most common colored diamonds are brown and yellow

  • The first thing you will come across when researching diamonds is the 4C's: carat, color, clarity, and cut. A diamond is graded by each of these criteria and it is a combined scale of each of these that determines the value of the diamond. Focusing on just one of these traits is a mistake: a diamond could have a high carat weight and still be inferior to a smaller diamond with better clarity, color, and cut. When choosing your diamond its best to find the right balance for you, your ring, and your style.

After learning a few diamond facts, don’t forget to check out Michael C. Fina’s diamond guide to learn everyday tips, the 4C’s and how to clean and care for your diamonds!

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