The most famous blue diamond, firmly entrenched in the American memory, is the Hope Diamond, which started its twentieth century journey in November, 1901, when it was valued at 18,115 British pounds to satisfy the personal debts of Lord Hope. De Beers had gained firm control over diamond distribution and began to establish an organized world market. We will loosely divide the century into periods, using the one-carat D flawless diamond as a touchstone to weave through the decades.Īn abundance of diamonds yielded by new discoveries in Africa and Brazil allowed the average person to become a diamond owner, a privilege previously reserved only for European royalty and American aristocracy. The jewelry industry is no exception to this phenomenon, and tracing diamond pricing records is one way of gaining that historical perspective. If you only want the best of the best and you would like to consider the engagement ring as an investment then a flawless diamond would be a good choice.A s we greet the future, symbolized by the much heralded millennium, we also have the impulse to look back over the past decades of the twentieth century and review the progress of history. If you are simply looking for a beautiful diamond ring to surprise your beloved, the attribute flawless makes the ring unnecessarily expensive without adding extra value to its appearance. Whether an engagement ring should be flawless or not is a very subjective decision. The price on the other hand, differs quite considerably a flawless stone can easily cost twice as much as an eye-clean diamond or even more. In everyday life, an eye-clean diamond of the grade SI1 (small inclusions) or VS2 (very small inclusions) in an engagement ring is simply not distinguishable from a flawless engagement ring not even on close inspection. This is also referred to as " eye clean". a diamond in which birthmarks are visible with a loupe, but not with the naked eye. However, from a visual point of view, a flawless diamond is no different from an eye-clean stone, i.e. From an investment perspective, flawless diamonds are certainly a good choice.
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