The Business Value of Diamonds
As the king of jewelry, diamond has a huge business value which demonstrates its own superiority
. It's expensive not only because of its natural quality but also of its great business potential.
It needs a great deal of time and money to find a diamond and cut it. Beyond its gorgeous appearance concentrate great efforts. The diamond deposit is not that easy to find, and this process requires several years or even decades of years. The cost of digging a deposit is incredibly high, which attributes to the high price of the diamond.
When it comes to cutting, design and skills are necessary. A good diamond needs to be polished well, or it will lose its own value. A small mistake in cutting may result in huge loss. In order to make good use of the material, the owner of the diamond will try his best to find the best cutter. The owner has to pay a lot to his employee.
Design is another thing that the owner needs to do. A good diamond should be in great shape. If the design is too easy or too complicated, it will affect the price of the diamond. What's more, some people are more interested in the diamond's appearance than its quality. A good design is definitely popular among them.
Diamond has a huge market as jewels. It attracts many women and makes them pay for it. Also, it's applied to the industrial world for its unusual solidness. In the financial world, however, diamond plays an important role as well. It has a store of value. Its value has already surpassed the gold, because its price is rather stable.
All in all, diamond has the functions of decorating and storing. It will be a good way to keep a diamond.
The Business Value of Diamonds
By: Phillip May
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