John and Laura Ramsey report: for “The Largest Diamonds” go to…

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We’ve mentioned in the past that Saturn and Jupiter might be raining diamonds.  However, for the biggest diamonds we might have to travel event further.  Out of our solar system scientists believe there is a planet whose mass may be as much as 1/3 diamond.  Since the planet is so much larger than earth that 1/3 would equal about 2 earth masses!!!

Want even bigger?  More recently astronomers have just revealed that there is a dwarf star with the mass of our own sun which might just be one large diamond.  The dwarf star has the mass of our own sun but has collapsed in on itself and in the process turned itself into a gem of a star.   The weight in carats of diamond is estimated at 10 billion trillion trillion.

Astronomy has always been an interest of ours as have gems.  Who knew years ago that the two would converge to give us dreams of treasure beyond all measure?Diamond iStock_000035752022Small

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John and Laura Ramsey report: Fabulous New Blue Diamond Found

Just last week it was reported by Petra Diamonds Ltd. that they have found what they’re calling an “exceptional” rough blue diamond whose uncut weight exceeds 122 carats. Wow!

As we reported recently, a cut and polished blue diamond just recently sold for a record sum—it seems that this new stone will break that record.

Even while it is still in rough speculation, it’s likely that the cut stone out of this piece will fetch in the neighborhood of $100,000,000. That’s one hundred million dollars.

Petra has apparently examined the piece and has declared that it is of exceptional clarity. The color is a nice but not as deep a blue as the Hope diamond.

As a gem cutter I have looked at the photos of the rough piece and speculate that it might be cut into a pear shape. It would be nice to hold it in my own hands and look at it from every angle and then guess as to the cut into which it might be fashioned.

We’ll keep abreast of this story and let everybody know the outcome—the cut and the final price.
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Diamonds – A Short History

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The Bakerville alluvial diamond deposits in the Lichtenburg Diamond Fields, South Africa (image courtesy of IGE Resources AB)

We will never know which of our ancestors first interacted with diamonds or what they thought of them. However it seems that some of the earliest mining of diamonds occurred as many as 3,000 years ago, where humans began mining in alluvial deposits in Southern India. What’s an alluvial deposit?

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