Antique Diamonds

What makes a diamond an antique diamond? It certainly isn’t its age. All natural diamonds, be they antique diamonds or just recently yanked out of the Earth’s crust, are all in the billions of years as far as their age goes. Could what makes an antique diamond be how long ago it was mined? Not quite. A rough diamond mined 50 years ago and just recently cut and set could just as easily be considered new. Rather, what makes antique diamonds in fact antique diamonds are how long ago they were cut and set. In other words, what we are really talking about is antique diamond jewelry.

Antiques have to do not with geological eons, but with traversal through human history. So antique diamonds are diamonds that have sailed through human time and are attached to human events. For example, the ever infamous Hope Diamond is in fact an antique diamond not because of its physical age, but because of the human history associated with it. It can be safely assumed that most diamonds ever mined are still around in collector’s basements and constitute antique diamonds with rich histories. Royal treasuries of the Habsburg dynasty are among the largest sources of the world’s antique diamonds. On a more common level, antique diamonds are usually found within family lines, passed down from generation to generation, sometimes with intense histories surrounding them. In fact, one of the most amazing stories I have heard involving antique diamonds involves a set of diamonds that survived the Holocaust.

The story goes that before being shipped off to the ghetto, a mother instructed her daughter to literally swallow the families antique diamonds and trade them for food if it ever came to that. The daughter ended up surviving concentration camp after concentration camp and repeatedly swallowed the antique diamonds. When the horror was finally over, she moved to America and had them set in a single piece of jewelry, now a family heirloom and antique diamonds full of such a haunting past it sends chills down the spine.

Antique diamonds constitute a lucrative market in diamond trading. This is simply because the most basic allure of diamonds is nested in its connection with the earth. To deepen that connection with human history makes the attractiveness of diamond all the more intense. Not only has the stone been around for billions of years, it has seen history that one couldn’t possibly see even over the course of several lifetimes.

This article was contributed by Zohara

Fancy Diamonds

Fancy Diamonds

Fancy Diamonds

 

Diamonds have long been thought to be the most popular way for women to adorn themselves. While there are diamonds for everyone and every budget- from cheap synthetic diamonds to exorbitant fancy diamonds. Whether your budget is very limited or you are Hollywood’s highest paying actress, there is something for you. Indeed, many of the rich and famous like to purchase costly fancy diamonds to show off their wealth and to beautify themselves with some truly extraordinary pieces. 

Fancy diamonds include diamonds of all colors and shapes. One of the latest, most up-to-date trends is the Champagne diamond, also known as chocolate diamond. These come in an assortment of beautiful shades of brown, and sometimes a delicate mix of brown and another color. Thus, you can find a fancy brown and pink diamond engagement ring that is sure to catch any eye that is laid on it.

Fancy diamonds have such a mesmerizing appeal, so if you are looking for, say, fancy dark yellowish brown diamond, do not be surprised if your budget turns out to be insufficient. Since natural fancy diamonds are so rare, their prices are often beyond one’s reach. In fact, some of the world’s most expensive diamonds include different types of fancy diamonds. For instance, the Leviev Fancy Vivid Yellow Diamond, 77.12 carats at USD 10m; the Graff Fancy Vivid Pink Pear Shaped Diamond at USD 10m; and the Darya-ye Noor Diamond of the Iranian Crown Jewels, which  is believed  to be the largest fancy pink diamond at about 186 carats.  Of course, if you don’t have ten or sixteen million dollars to spend on a diamond, you can opt for the Pumpkin Diamond, a type known as a Fancy Vivid Orange, for a mere USD 3m. 

Fancy colored diamonds are becoming increasingly popular, mostly because of recent trends set by the rich and famous. If you wish to purchase a fancy diamond, you can choose between natural and enhanced diamonds. Since natural fancy diamonds can be quite pricey, many people prefer to get fancy diamonds that have been created artificially. Although the word “artificial” is a dirty word when it comes to jewelry, it is not always the case with fancy diamonds. Many beautiful pieces are created artificially and make it possible for the less wealthy to attain. 

Synthetic Diamonds

  

Synthetic Diamonds

Synthetic Diamonds

 

Since 1953, it has been possible to take graphite, smush it really hard at really high temperatures, and come out with some sort of synthetic diamond, that looks and behaves much like a real diamond. There are generally two ways to do this. One is High Pressure High Temperature (HPHT) synthesis of synthetic diamond, and the other is Chemical Vapor Deposition (CVD). The former results generally in bigger synthetic diamonds, but the latter is a much simpler and cheaper design. If we are to analogize, I’d say that the former synthetic diamond production method is an application of brute force. Enclose the carbon in on all sides, squeeze it mercilessly and heat it up way beyond civil temperatures, and force it to bind to itself. 

The second method is more of a finesse. You get the carbon excited a bit and introduce some carbon-based gas, usually methane, into a chamber, energize it with some sort of concentrated energy source like an electron beam, and you activate all of the bonds at the same time, while they are all willing to bond to the next atom they see. The goal is carbon, though this is what makes the CVD method less reliable for bigger synthetic diamonds. Any impurity will be immediately bonded to the carbon. 

 As one may guess, the advent of synthetic diamond had DeBeers freaking out about market prices. But as we all know of mother nature, she never disappoints. Much like bread, when made without artificially freeze-dried yeast and allowed to ferment and rise on its own over a period of weeks tastes much better, so too with natural diamonds over synthetic diamonds. A stone lying in the earth’s mantle for billions of years allowed to naturally grow will generally have a lot less impurities than one produced over a matter of hours or days. 

As a matter of fact, they even have a word for sythetic diamond that is of such low quality as can be seen by the naked eye. They call it bort. Synthetic diamond bort is used mostly as an abrasive tool in cutting machines. So is most of synthetic diamond. Just because it don’t look as pretty don’t mean it’s not the hardest substance on the planet anymore. It still is, making the industrial applications of synthetic diamond very diverse and necessary. I bet when a construction company CEO is going home after a long day of scratching out the foundations for a new city with synthetic diamond, he feels he has accomplished much more than the Jeweler who sold a six figure stone to a rich guy getting married.

Diamonds New York

Diamonds New York

Diamonds New York

The Diamond District in New York City dazzles as one of the world’s largest centers of diamond business.  Roughly 90% of all diamonds in the United States enter through this concrete jungle.  Although there are a handful of other centers for diamonds New York offers consumers and suppliers in the United States the most concentrated array of diamond shops.  One of the greatest reasons to visit the New York City Diamond district is for the wonderful discounts the shops offer, in comparison with larger department store prices.  But another aspect that might draw in an interested diamond customer, is the history the district is rooted in.

Located on 47th Street between Fifth and Sixth Avenue, the NYC Diamond District has its own street name called “Diamond Jewelry Way.”  Customers can browse along the diamond shops and end up at Rockefeller center to catch a mid- day matinee performance!  This row of diamond shops concentrated on this particular street in the 1920’s after a number of social and economic factors affected the location of the New York City Diamond Stores.

Prior to the 1920’s the NYC Diamond District was located downtown, near Canal Street and the Bowry.  This downtown location moved to the financial district in 1931.  The diamond center for business was located on a street called Maiden lane.  New York residents and out- of towners visited Maiden Lane when they were searching for jewelry pieces such as diamond necklaces, engagement rings, earrings, and other fine jewelry pieces.  During that time period, New York City had a rough reputation, but the world was taking notice of the special diamonds on Maiden Lane.  Immigrants from Europe began to immigrate to America, and a large influx of Orthodox Jews took the market by storm with a slew of new diamond shops.  In 1924, the New York Times stated that “the bride-to-be who could show a ring from Maiden Lane was thrice happy.”

In the late 1800’s some jewelers tried to move their stores away from maiden Lane in order to differentiate themselves, but wound up moving back to the row because of the loyal customer flow that often filtered through the diamond shops.  In the 1910’s the big move to 47th street started when financial companies bought out space on maiden lane, driving the diamond district closer to the posh Madison avenue.  There continues to be a heavy flow of consumer traffic today in the diamond district.  Currently under construction, the “International Gem Tower” will add a high-rise appeal to the area with 34 beautiful stories studded with diamond sellers.

When considering how important the diamonds New York district is, it is important to consider this area among the top diamond centers in the world to understand how the global distribution affects the consumer market.  The major centers of the diamond industry are located in London, Antwerp Belgium, Mumbai, India, Ramat Gan, Israel, and Johannesburg South Africa.  Important to note, is that the India and South Africa diamond industries are primarily based on the mining and refining aspects of the diamond selling process.  Controversy has clouded these major diamond exporting centers due to the conditions laborers face in these countries.  The world’s eyes have been opened to the issue of blood diamonds and the serious problems many diamond workers face in the field.  Currently there are a number of certifications and preventative measures being put into place in order to save the lives of those diamond workers who are in such a terrible position.  Other diamond importers and distributors are becoming more and more aware of the dangerous diamond conditions and hopeful steps are being taken.

New York City and Ramat Gan, Israel have similar roles in the diamond distribution and consumer market.  Once the diamonds are mined in Africa or India, large companies distribute final jewelry products or loose diamonds to stores and consumers.  But undoubtedly, if you want to take a stroll down the street and choose your own dazzling diamonds New York diamond district can’t be beat.

Rings & Flowers

Rings & Flowers

Rings & Flowers

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Here Comes The Bride

 

Here Comes The Bride

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Radiant Cut Diamond

Radiant Diamond

Radiant Diamond

Like the Princess Cut, the Radiant cut diamond is also a square cut. Unlike the princess cut, however, the radiant cut diamond is round faced and has rounded corners, making the radiant cut diamond reflect and refract light in many more directions than the princess.

The radiant cut diamond was perfected in 1977 by Henry Grossbard, who sought to combine the reflectiveness of the round brilliant with the step cut of the emerald. The radiant cut diamond, therefore, has the advantages of maintaining more of the diamond rough without having to lop off the whole bottom, plus the brilliance and fire of a round cut. Radiant cut diamondscan also be either rectangular or square, depending entirely on the personal preferences of the purchaser. Neither shape adversely affects the radiant cut diamond’s grading, which is one of the advantages of the cut and exactly what Grossbard had in mind when he designed it.

The fire of a properly cut radiant cut diamond is intense to the point that it catches the peripheral vision of anyone who comes close to its wearer. However, despite the advantages of the radiant cut diamond, there is, like the princess cut, a danger in purchasing one. The radiant cut diamond is so complicated and multifaceted that nearly all major gemological institutes refuse to give it a grading. This leaves the actual grading up to the people who sell the diamond, making it difficult for any third party to independently grade the cut of a radiant cut diamond.

The most important characteristic of a properly cut radiant cut diamond, however, is visible to the naked eye. The more the radiant cut diamond sparkles and the more fire the diamond has, the more successful the cutter was in achieving the objective of conspicuousness. Of course, one cannot simply randomly hack away at a diamond and hope it becomes sparkly. Symmetry and balance are also crucial, though this can be objectively measured, if only excruciatingly.

The round brilliant cut has certain proportions that are quickly recognizable and graded according to whatever proportions are considered ideal. The radiant cut diamond, however, has to be thoroughly examined for symmetry in every crevice to make sure that its cut is ideal. This would take way too long for your average gemological institute staff, where time is money and such excruciating activity cannot reasonably be done without massive government bailouts.

Princess Cut Diamond

 
Princess Cut

Princess Cut Diamond

Princess cut diamonds are a relatively new shape in the world of diamond cutting, having been created only the 1960’s. Theprincess cut diamond is very similar to the classic round brilliant shape we all think about when we think of a diamond, except the princess cut diamond does not have a pavillion – that part of a round brilliant that is lopped off into a cone shape below the head. Instead, the princess cut diamond is completely square, retaining 80% of the original diamond rough instead of the round brilliant’s 50%. The similarity in shape and the advantage of maintaining more of the original stone make the princess diamond cut the second most popular of all diamond cuts.

Despite its maintaining 80% of its original carat weight as  a rough diamond, the princess cut diamond is still slightly less expensive than the round brilliant, mostly because it is less popular and the round brilliant shape has penetrated cultural consciousness as the “proper” cut for a diamond.

However, if you’re looking for a princess cut diamond, there is one crucial thing you have to watch out for. Whereas the round brilliant cut diamond has universally recognized standards on grading, the princess cut diamond does not, meaning don’t be fooled if someone claims that a certain princess cut diamond is ideal instead of excellent or good. This is actually a contentious subject in the diamond cutting world, as the AGSL and the EGL-USA do give gradings for princess cut diamonds, but the GIA has been stubborn in maintaining that there is not enough consensus in the industry to establish cut gradings. Of course, any argument over legitimacy is an argument over numbers and power. Whoever wins the most people for his side will determine if princess cut diamonds will have a recognized grading. For now, I would suggest simply seeing which diamond sparkles more, since that is essentially what a cut is designed to do. If one sparkles more than another of the same carat weight, clarity, and color, then it would make sense to say that the cut on that princess cut diamond is better. Don’cha think?

The term “princess cut diamond” was actually made popular by the Israeli diamond industry giants Ygal Perlman, Betzalel Ambar, and Israel Itzkowitz back in the late 70’s.

Emerald Cut Diamonds

 

Emerald Cut Diamond

Emerald Cut Diamond

Emerald cut diamonds are a classic example of a step cut. The emerald cut was originally conceived for emeralds rather than diamonds because the emerald stone is comparatively brittle and the step cut is the safest way to shape the stone without fracturing it. Later, it was transposed to emerald cut diamonds in an attempt to accentuate the clarity of a diamond rather than increase it’s refraction, fire, and brilliance. The emerald cut diamond is essentially a statement of the clarity of the stone by the wearer, since emerald cut diamonds allow the observer to see right through the stone. Though the fire of the round brilliant diamond can be attractive, they can also hide imperfections that the emerald cut diamond cannot.

In the glitzy world we live in, emerald cut diamonds are less in vogue than the round brilliant or the radiant cut diamond, and the plus side is that due to this, emerald cut diamonds are generally less expensive than other cuts, all other things being equal. This has nothing at all to do with the quality of the stone, but to demand for sparkliness, if there is such a word.

As for the shape of emerald cut diamonds themselves, they take the form of a rectangle with lopped off corners in order to decrease the amount of stress points in the diamond and to make it more structurally stable. The step cut gives a look of stairs running from the center of the emerald cut diamond until the edge, each step being transparent right to the other side of the stone. This means that if there are any imperfections, they are immediately visible. This is why emerald cut diamondsare gutsy, and must only be executed on the most perfect stones.

Emerald cut diamonds are far more common among antique jewelry dealers and show off a rather Victorianesque ambiance. Their golden age was the Art Deco period, from around 1925 until 1940. Similar cuts to the emerald cut diamondare the asscher cut, which is a square emerald cut, and the trilliant cut, which is a triangular shaped emerald cut diamond.

So if you feel like standing out and not just sporting another of the same popular cut, you may want to think seriously about owning an emerald cut diamond. Economical and unique, they’re not your everyday diamond.

Cushion Cut Diamond

Cushion Cut

Cushion Cut Diamond

Cushion cut diamonds are quite rare when it comes to cuts. They are most similar to the radiant cut, but the cushion cut diamond has more rounded corners, similar to a pillow. No wonder cushion cut diamonds were originally called pillow cuts. Cushion cut diamonds are slightly less brilliant and fiery than round brilliant cut diamonds, but they are more light dispersive, meaning they serve as a mini prism that splits light into its 7 constitutive colors. So if you like rainbows, thecushion cut diamond is for you.

Cushion cut diamonds were the most popular cut for most of the 19th century, from 1830 until the turn of the 20th century.  Now they are less in demand due to the brilliance of the now ubiquitous round brilliant. They can come in any shape between rectangular and perfectly square, depending entirely on personal taste. The cushion cut diamond is another example of a cut that does not have rigid standards as to its grade, though retailers set their own rubric and pricing based on their own preferences. The good part about this is that the consumer can pick whatever cushion cut diamond he likes best, regardless of price.

Similar to round brilliants, cushion cut diamonds also end in a sharp point at the pavilion, but their girdle is not as abrupt and sharp as the round brilliant. It’s more gradual in its decent to the apex on the bottom.

Many cushion cut diamonds have a what is called a culet, which acts as a window through the diamond and reflects whatever color is behind it. This is not so of a round brilliant, whose pavilion is much sharper and abrupt than that of acushion cut diamond. There are many ways to cut the face of the diamond, though what makes it a cushion cut diamondare its rounded corners and resemblance to a pillow.

For fancy colored diamonds specifically, this cut is the most popular since it most evenly distributes the diamond’s color. In fact, the world’s most famous diamond, the deep blue Hope Diamond, was originally described as having a cut of  “cushion antique brilliant with a faceted girdle and extra facets on the pavilion.” The Hope Diamond is, of course, centuries old, back when cushion cut diamonds were much more popular than they are now. If people were more conscious of the Hope Diamond’s cut, perhaps cushion cut diamonds would rocket back into style.