Selling Diamonds Now May Net the Most Value, Will Lose Worth in the Future

1. Selling Diamonds Now May Net the Most Value, Will Lose Worth in the Future AAA Jewelers 601 South State Street Salt Lake City, Utah 84111, United States Phone: (801) 359-2035

2. Diamonds, one of the hardest substances known to man, are usually the crown jewels of the most prized jewelry. For most of recent history, it went from a primary component of engagement rings to critical cutting materials of industrial machines. Its natural hardness, ranking 10 in the Mohs’ scale, make it versatile from the outset. It’s just that the mineral is so expensive that companies weren’t able to use it in large quantities. While diamonds retain its sky-high valuation, there is concrete evidence that shows diamonds will lose its high esteem and costs in the future. Thus, it makes sense to make the most out of diamond-encrusted jewels now while the mineral still has considerable financial pull. Reproduction and Rarity From the outset, diamonds have never been rare. Further evidence surfaced, metaphorically, via Dmitri Sverjensky of the Johns Hopkins University. Diamonds will still rely on explosive magma expulsions to be in mining distance, and very few of the mined goods are jewelry quality. Nonetheless, many scientists and researchers are finding diamonds in less orthodox situations made through non-traditional methods. In addition, making synthetic diamonds of authentic quality has been easier lately. The fairly new technique of creating the minerals in plasma reactors has the potential to plug the short supply of diamonds in the scientific community. Machine manufacturers could also turn to artificially made diamonds to cut costs and continue producing contraptions with diamonds as cutters.

3. Size Matters In the near future, only large diamonds will sell for a considerable value. Very large in fact, that minute pieces in jewelry collection could only fetch a fraction of the worth. The aforementioned synthetic manufacturing of diamonds must have come a long way, from Carnegie Institution’s ring-sized results to something much bigger. On the other hand, diamond is quickly losing its hold as the perfect hard material to cut other materials. Its result of combination with boron produced promising results, and while a diamond/graphene experiment didn’t go through as expected, graphene will still continue its development. Put economics into the equation: less demand for diamonds means less value. Now, diamonds still enjoy a prestige only matched by the rarest and the most beautiful of minerals. It’s the perfect time to sell, and maybe, start investing on other unique items that appreciate in value.

4. Sources: http://www.aaajewelryutah.com/ http://www.sciencedaily.com/releases/2014/03/140321094851.htm http://www.theguardian.com/money/2015/oct/17/value-depreciation-value-diamond- wedding-dress-chevrolet-spark-blackberry-fifa