When you think of diamonds, you think of love, of engagement rings, shininess and forever. Everyone cherishes diamonds so much because they all assume they are so rare. So when you are given one, it is some sign of love. Who decided that? After I heard someone tell me that diamonds aren’t rare as everything thinks they are. I found that really interesting considering people thought they were so rare and special.
Diamonds only become really popular about a century ago. Before that rubies and sapphires were the gems that everyone wanted. People just loved the fact that they had rare gems. Diamonds come straight from Earth, and are found 100 miles below Earth’s surface. A one-carat diamond requires billions of carbon atoms to bond, and if it works out right, a colorless diamond will be created. Almost all of the diamonds come from either Africa, Russia, or Canada. Even though it sounds pretty cool, none of the science behind diamonds actually makes them as rare as they seem to be. what makes them so rare is actually the diamond companies themselves.
The big diamond companies, especially Da Beers, aggressively control the supply of diamonds. They simply locked up a huge amount of diamonds in a vault to inflate the prices of diamonds. After realizing that diamonds aren’t as rare as everything thinks they are, I wanted to know if maybe there is a difference with the way the diamond looks that makes it special. People always talk about how diamonds have that special sparkle.
I came across this news video with John stossel. The news report was also about diamonds and how they are no more special than cubic zirconia. Zirconium is a rock that looks very similar to diamonds. The one difference about them is that they only cost about $1.99. Stossel went to Grand Central train station and asked multiple pedestrians if they could pick the real diamond between a real diamond and a zirconia rock. Almost half of the pedestrians picked the fake one while others just couldn’t tell the difference. This could possibly prove the fact that diamonds have no specialty compared to any other rock that resembled it. There could be an issue with the file drawer problem where there were other experiments like the one in the video where they asked random people to identify a diamond, and in these experiments, the majority of the participants could have picked the right problem.
I can not conclude the fact that diamonds look no different from zirconium because of the possible file drawer problem. But what I can conclude is that diamonds have been falsely determined rare by diamond companies. They manipulated the scarcity of diamonds by keeping some hidden. What I have learned from this blog is that you can never trust companies. I have also learned that you should look at multiple studies to make a conclusion. If you have any ideas on this topic, feel free to comment below.