Are diamonds overrated?

Pieces of jewelry made from diamonds are easily one of the most expensive in the world today. Adding diamond to jewelry or any other fashion product is enough to make the price of the product instantly soar into over 100,000 USD and millions of USD. Hence, you might be wondering if diamonds are overrated or not.

The simple answer is that diamonds are not overrated. If you can afford it, all you have to do is read the best online jewelry store reviews in the US on to see the right companies that you can buy a diamond piece of jewelry from. You will be able to find jewel stores that are reputed to sell only original diamond jewelry and you can get your diamond jewelry from such stores. This article will discuss the major reasons why diamonds are not overrated.

Diamonds are very beautiful

One of the major features of diamonds that make them desirable and expensive is that they are very beautiful. Hence, their beauty means that anybody that would love to adorn them should be willing to spend a good amount of money to get them. The pricing also helps to drive the appeal of putting on diamonds as you are likely to be held in high esteem and regards if it is observed that you are putting on a diamond piece of jewelry. Knowing how much the piece of jewelry could cost, it will be assumed that you are a person of value and influence.

Diamonds are scarce

Another reason why diamonds are not overrated and why they are expensive is that they are scarce. As with the low of economics, scarce commodities will always have a high value, especially when there is a high demand for them. If diamonds were to be very affordable, everyone would want to have them. However, there are not enough diamonds to make jewelryfor everyone. Hence, the price is high up there so that only those that desire it, value it, and can afford it will be able to get a piece or some pieces of diamond jewelry.

It is worthy of note that precious stones are also stones. However, we have a lot of worthless stones in our environment that we could pick up for free. Most of those are not used for jewelry because anybody can pick it up and fashion a piece of jewelry out of them, making them worthless. However, when it comes to precious stones, they are beautiful and scarce, hence, valuable. The scarce nature of the diamond and its demand make diamond jewelry not to be overrated. It also contributes to their very expensive nature.

Diamonds are difficult to process

Diamonds are regarded as the hardest natural item in the world. It is also often said that only diamonds can cut diamonds. The very hard nature of diamonds implies that it is very difficult to process diamonds and cut them into the right desirable shapes. The difficulty in the processing of diamonds also contributes to their price. The companies and individuals that process diamonds would have to make enough money that would be worth the stress spent on processing the diamond.

Diamonds are forever

Another reason why diamonds are expensive is that they are very durable. There is a common saying that diamonds are forever. This is borne out of the fact that a piece of diamond jewelry can last forever. This is also responsible for the fact that they are amongst the few products that you can use for a very long time and their value will continue to rise. This is as opposed to most other things we use like cars and phones that the instant we start using them, their value drops significantly and continues to drop.