Diamond or Diamond
It seems that the answer is obvious - of course, a diamond, because it is a cut diamond. Although there are exceptions, then we are usually talking about unique samples that are kept by collectors. But how is jewelry pricing done and which stone is the most expensive in the world? In this article we will conduct a comparative analysis of prices for precious gems.
Frequently asked questions about selling platinum
Why does platinum have no resale value?
This is a question asked by those who think that platinum is not a liquid asset, but this is far from the truth. Platinum is one of the most sought after precious metals in the world and has excellent resale value. Current spot prices for platinum can be found by following the link.
Can I sell platinum?
Yes. The best place to sell your platinum is to a reputable and reliable dealer or bank.
Is it possible to pawn platinum?
Maybe, but do you really want it? Pawn shops are great if you're looking to buy or sell an old stereo, guitar or lawn mower, but you'll get the best prices from professional, certified coin or bullion dealers.
Diamond or emerald
Emerald is one of the most expensive gems today. It is often used for inlaying earrings, rings and pendants. Before answering the question of what is more expensive, it is important to understand how minerals are valued in general. The assessment is made according to the following parameters:
- Color. Color saturation should be maximum. It is worth noting that gems of some shades will cost higher than stones of the same type with other shades. Thus, emeralds with a blue-green color will be more expensive than those with a yellow-green color. The same applies to other stones.
- Transparency. The number of inclusions also affects the pricing of the jewelry. The fewer there are (less than 5%), the higher the quality of the mineral. This applies to transparent stones, but black stones are not transparent.
- Cut. A round cut will cost more than a square or oval cut because it takes longer to work on the stone.
- Weight. The mass of the sample is measured in carats, and one carat is equal to 0.2 grams. The heavier, the more natural and valuable the jewel.
The average cost of a good quality diamond is two and a half thousand dollars per carat. For emeralds, this figure varies from five hundred to a thousand dollars. However, in most cases, emerald samples of no more than three carats are found in nature. If the emerald is larger, then the price per carat can reach ten thousand dollars.
With diamonds it’s something similar: up to three carats the price is standard, but over three carats the price starts from ten thousand dollars. That is, we can conclude that with equal weight and quality indicators up to three carats, diamond samples will be more expensive than emerald ones.
Other questions about platinum
Is there a $100 coin?
Exists: This is a platinum American Eagle coin. These coins contain one troy ounce of pure platinum and have been minted by the United States Mint since 1997.
Platinum American Eagle coins are available from coin dealers and some banks.
What metal is the most expensive in the world?
Is platinum the rarest metal? No.
Close, but not quite. The honor of the rarest and most expensive metal in the world currently belongs to rhodium. It is a silver-colored metal that is used in the automobile industry and several other industries.
What is platinum used for today?
Platinum has many uses and is commonly used in automotive catalytic converters, jewelry, medical devices such as stents and catheters, some chemotherapy drugs, electronics, sensors, and many other applications.
Is platinum better than diamond?
“Better” is a matter of perspective. When it comes to investments, both platinum and diamond have their own advantages and disadvantages. However, when measured on a per-gram basis, platinum is much more affordable than diamond and can benefit from many market factors, including widespread use in a variety of growing and developing industries.
Can platinum turn black over time?
Platinum cannot spontaneously turn black under normal storage conditions. However, you can artificially change the color of platinum to black using hydrogen gas, ammonia, or hydrochloric acid. This is not something we recommend you try.
Why is gold preferred over platinum?
People are familiar with gold, which has been valued as a precious metal for over 5,000 years and has countless artistic, recreational and industrial uses. People became acquainted with platinum only in the 19th century. It is a much rarer metal, although it is being used more and more in industry. However, it is not true to say that all people prefer gold to platinum.
What's so special about platinum?
Platinum is a white metal similar in appearance to silver, but it does not tarnish or discolor as silver often does. In addition, platinum is quite dense and stronger than gold, but at the same time quite ductile. It is a fantastic catalyst, making it ideal for applications such as the automotive industry.
Why is platinum so rare?
Platinum occurs naturally in relatively small quantities and is primarily obtained as a by-product from the mining of other ores such as copper and nickel. All the platinum ever mined in the world could fit in a typical American home. The continued demand for platinum makes it even more rare.
Where is platinum found?
Platinum occurs naturally in many different countries around the world, including Canada, the United States, South Africa and Russia.
How long do platinum rings last?
They may last forever, but that's not the only thing about platinum rings. Since platinum does not change color under normal conditions, platinum rings will not change color like rings made from other precious metals.
Why is platinum better than white gold?
Platinum is a natural and pure metal, while white gold gets its color from the artificial addition of silver or palladium. Additionally, platinum, as mentioned earlier, does not change color under normal conditions and use.
Is platinum more shiny than white gold?
Platinum typically has a brighter color than white gold and will not fade over time.
Is platinum better than rhodium?
Both platinum and rhodium have their advantages. However, although rhodium is the most expensive and rare metal, platinum is still much rarer than many other commonly traded metals. However, it is easily obtained in the form of a coin, round or bar - an excellent means of investing in the physical metal.
Which is better, titanium or platinum?
Both titanium and platinum appear similar in color, but titanium is much stronger than platinum, lighter in weight, and less expensive. This gives titanium an advantage for many industrial applications, including the construction of objects such as aircraft, tennis rackets and prosthetics. But platinum is the best catalyst, it is extremely dense and from an investment point of view it is much rarer than titanium.
Is platinum stronger than white gold?
Platinum is denser and much purer than white gold, and in certain applications such as jewelry, wears much less over time. While white gold can tarnish over time and lose the plating that gives it its white color, platinum is pure and platinum jewelry will never need to be replaced over time.
Does platinum rust in water?
Platinum does not contain iron and does not rust, including in water. But can platinum even rust? No - again, platinum does not contain iron, so it will not rust.
Is platinum good for your health?
Platinum has antioxidant properties and is used in various drugs, chemotherapy and other health-related products.
How much platinum is left in the world?
There are different estimates, for example Statista states that there are about 70,000 metric tons of platinum in the world, of which 95% is found in South Africa.
Sapphire or diamond
With sapphires the situation is somewhat different. Their pricing depends not only on weight and cut, but also on the presence/absence of heat treatment. Heat treatment is used in cases where the crystal is quite dull. It allows you to make it brighter. But such processing reduces the price of the pebble.
Thus, a heat-treated sapphire will cost about six hundred dollars, like a diamond, and an untreated one will cost from a thousand dollars per carat. However, it is worth noting that a cornflower blue mineral without inclusions can cost up to two hundred thousand dollars per carat, which exceeds the price of any transparent diamond (except red ones).
Frequently asked questions about the value of platinum
How much is platinum worth?
Current platinum prices and price charts can be found on our precious metals quotes page.
How much is a platinum coin worth?
The value of platinum coins varies depending on the net weight of the metal in the coin and its fineness, the current price of platinum on the spot market, as well as the collector's value and market demand for a particular coin. These factors contribute to the fact that some platinum coins are worth many hundreds or even thousands of dollars.
How much does a platinum bar cost?
Platinum bars have different values depending on the size (weight) of the bar itself. Platinum bars typically come in weights of 1 ounce, 10 ounces, or 1 kilogram (32.151 troy ounces).
How much does scrap platinum cost?
Again, it all comes down to how much platinum scrap we are talking about. Whether that platinum scrap consists of a few particles of platinum dust or whole chunks of residual platinum from a destroyed platinum bar, its net weight will affect the value of the platinum scrap.
Ruby or diamond
Ruby is a close relative of sapphire in composition and chemical elements. However, unlike sapphire, it does not have a wide variety of colors and can only be red. Pricing for it directly depends on the shade. Deep red can cost up to one hundred thousand dollars per carat. But dull stones or, on the contrary, dark crimson ones can be purchased in the range from one hundred to five hundred dollars. In fact, dull rubies will cost as much as a rough diamond.
Like sapphire, ruby can be subjected to heat treatment, due to which various inclusions are removed from the mineral and the stone becomes brighter. However, such a crystal will be cheaper than one that was not heated. Usually this information is indicated in the document for the stone sold in a particular jewelry house. But you should not think that a thermally treated crystal is somehow worse than an untreated one - often the former have even better physical and chemical properties.
Plutonium
But the value of plutonium is beyond doubt. Approximately, it is expressed in the amount of 4.5 to 5.5 thousand per gram. Of course, this metal is not traded on exchanges, so we are talking about the cost conditionally.
It is known from a number of reliable sources: at a similar cost it is purchased for the needs of nuclear research and production for both peaceful and military purposes. Most often, this radioactive material is used to create nuclear weapons.
Diamond or gold
Often this dilemma arises for those who are planning not just to buy jewelry, but to invest in one or another precious material. Gold itself varies in purity, so prices will vary. Also, a lot depends on the product itself, which the gold material will be used for. The average price for one troy ounce today is one thousand two hundred eighty-nine dollars.
It is worth noting that gold is becoming more expensive every year, so investing in it will bring good profits to its owner. The exception is the period from two thousand twelve to two thousand thirteen, when the ounce fell in price from one thousand nine hundred to one thousand two hundred. But this decline is due to the crisis in the financial sector.
For one gram of gold, on average, they pay forty-one dollars - only rhodium, which is forty-eight dollars per gram, is more expensive among metals. A diamond costs from two and a half thousand dollars per carat (0.2 grams), and a gram will cost about twelve to fifteen thousand dollars. From this we can conclude that diamond samples are much more expensive than gold, if we take one weight. But investing in gold is still more profitable, since it is easier to sell, and it has a turnover in almost every country.
Rhodium
There was a time when platinum was somewhat more expensive than gold. But then they began to use it less, because things were not going well in the Chinese auto industry. At the same time, supply increased: more platinum began to be mined. The price has dropped.
But rhodium remains among the elite metals. He is also from the platinum group. And if platinum has faded a little against the background of the unfading shine of gold, then rhodium is in favor. Its cost now is 5.2 thousand rubles per gram.
Rhodium has an elegant silvery-white color and is used in jewelry, although not often. Much more in demand in the production of computer monitors and important car parts.
What is more valuable than a diamond?
But still, a potential buyer may have a question: which stone will be more expensive than a processed diamond? As mentioned above, pricing can be affected by the color, cut, clarity and weight of the stone. Therefore, there are several factors to consider when answering this question. However, with approximately the same quality, the following minerals can be distinguished, which may be more expensive than diamond gems:
- Emerald weighing over five carats. The ideal emerald is rarely found in such a large size that it can later be used to make a jewel weighing more than five carats. The cost per carat of such a mineral can be over one hundred thousand dollars.
- Alexandrite. This is a very rare gem that is not easy to obtain. The richest deposits in alexandrite are located in the Urals. Such a stone costs from forty thousand green for one carat. The larger the size, the more expensive one carat of this crystal will be. Most often it is used for inlaying rings. The oval cut allows you to achieve the effect of visually lengthening the finger, which is why the jewel is especially popular among the fair sex.
- Ruby. The average price for a high-quality mineral is fifteen thousand dollars, and especially saturated and beautifully cut ones are expensive - up to one hundred and fifty thousand dollars. But large expensive stones are mainly purchased by museums or wealthy collectors.
Californium
Looking at this inconspicuous piece of metal, it is difficult to imagine that this is the most expensive material in the world. Only in Russian Dimitrovgrad and overseas Oak Ridge know exactly how to produce it.
250 million dollars costs 1 gram of this metal. And not only because of the rarity and complexity of production. Californian is in great demand in the treatment of cancer, namely in radiation therapy. Other areas of application: experimental physics and chemistry.
Platinum or diamond
Platinum is another precious material that is valued on par with gold. True, its cost is somewhat lower than that of gold material, and is about thirty dollars per gram. All kinds of jewelry are made from platinum, including earrings, rings, pendants, necklaces, watch frames and bracelets, etc.
Platinum is mined from what are called mines, after which it must be processed and purified of unwanted metals such as iron, nickel, iridium and copper. The vast majority of platinum material is found in five countries: Russia, South Africa, Zimbabwe, the USA and China. In nineteen hundred and four, the world's largest platinum nugget, called the “Ural Giant,” was found. Its weight is 7860.5 grams. At the moment it is in the Diamond Fund of the Russian Federation.
Of course, diamonds are much more expensive than platinum material. And unlike gold, there is little point in investing in platinum (except for large mining companies), since its content in the world is quite small. It is much more profitable to purchase precious stones. Some investors invest money not in gems, but in recycled diamonds. It is used for the production of abrasive powders, which are so indispensable in the production of cutting parts for household power tools. Such diamond powder is not much more expensive than ordinary quartz. Therefore, even with a minimum budget, you can purchase a sufficient amount of diamond material. Why are diamonds more expensive than glass? Because they have high density and good abrasive properties, which quartz does not have.
Frequently asked questions about investing in platinum
Is platinum an asset?
Yes, platinum is an excellent asset and is widely used by precious metal investors and speculators. Platinum has also proven to be a successful investment vehicle for collectors who collect precious metal coins.
Is it worth buying platinum?
This can be beneficial for those who buy platinum at a lower price than the current selling price. Platinum is also worth buying for those who plan to hold it for the long term, as it serves as a hedge against inflation and is one of the safest investments in turbulent economic times.
Is it better to buy platinum or gold?
It depends on your investment strategy and the prevailing price movement of one metal versus another. While gold is often the preferred precious metal for investors due to its incredible popularity and value for both industrial use and jewelry and artistic purposes, platinum is used much less frequently for investment purposes than gold. Over the past few decades, platinum has become increasingly important in various industries. Many investors diversify their portfolios by purchasing platinum, gold, silver and other assets to increase their chances of positive performance regardless of market conditions.
Are Platinum Coins a Good Investment?
It's possible. Platinum coins have generally performed consistently as a savings tool over the years. Despite fluctuations in the value of platinum, platinum coins, like other precious metal coins, have generally produced favorable results for many investors who have been patient and not in a rush to sell them.
Is Platinum a Good Investment in 2022?
Some investors who bought platinum in 2022 have seen positive results, but timing is everything. Those who purchased platinum at a high price may have to hold their investment for a longer period of time to realize significant returns.
You can invest in precious metals for both the short and long term. Some precious coin investors who buy right before a sudden surge in metal prices make very good money by turning around at the right time and selling at the peak. Others find incredible success by holding their metals for several years and selling during periods of relative price inflation.
Both methods require the investor to be aware of market trends and have a good understanding of where the trend is heading in a given market sector.
How much will platinum be worth in 2030?
No one has a crystal ball to accurately predict what platinum will be worth in 2030 or at any other specific point in the future. However, past price data may influence our future investment decisions. Long-term data suggests that platinum and other precious metals have generally been on an upward trajectory for many years. Barring any unforeseen changes in platinum demand or abnormal market conditions that permanently reduce the value of precious metals, platinum is likely to continue to perform strongly in the years ahead.
Is Platinum Undervalued?
This is a question that almost every precious metals investor asks at some point in time. In the case of platinum, a rare precious metal with many industrial uses, hindsight may show that platinum is undervalued, especially if the industrial sectors where platinum is critical have seen unprecedented growth in recent years.
Will the price of platinum rise?
Quite possible. It is important to remember that precious metals are subject to price fluctuations depending on various market factors. Even if the price of platinum declines tomorrow, it could return to today's value in a couple of days or even reach a record price in the coming months or years. While it is essentially futile to try to predict the future price of platinum, it is wise to include platinum in a larger, more diversified investment portfolio.
Pearl or diamond
Pearls are a substance formed as a result of the interaction of grains of sand and the mucous membrane of a mollusk. It has a beautiful mother-of-pearl color and will look great on a girl’s neck as a necklace. Pearls are also often used for earrings. Interestingly, pearls, unlike other precious materials, do not need to be processed, so they are sold in their original form. Because of this, its cost is much lower than any other stone, and especially a diamond. However, this does not make it any less beautiful.
Black or white diamond
If you are choosing a stone to match the color of your evening dress, then pay special attention to a black diamond. It will look elegant on a woman's hand and will emphasize the beauty and grace of its owner. From a material point of view, a black gem is much cheaper than a white one, so this is another argument for purchasing it. But if you are a fan of traditional white gems, then choose a piece of jewelry with a small but beautiful diamond.
Surely you were interested in finding out comparative prices for different precious crystals. This information will help you the next time you buy jewelry for yourself. Add the article to your page on social networks so that your friends can find out about the prices of precious gems.
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