Rough Diamond Prices In South Africa

What is Rough Diamond?

A rough diamond is a diamond that has not been cut or processed. They come in a variety of naturally occurring shapes, including octahedral, cubic, and triangular. A raw diamond or rough diamond can also be a type of diamond that is not fully developed or can have less brilliance.

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Rough Diamond Prices In South Africa

WeightDiamond Price
1 CaratZAR 13,617.29
0.5 CaratZAR 6,808.64
0.75 CaratZAR 10,212.96
0.25 CaratZAR 3,404.32
0.1 CaratZAR 1,361.73
0.2 GramZAR 13,617.29
1 GramZAR 68,086.43

How do you value a rough diamond?

Valuers determine the price of a rough diamond using Reverse Engineering. They estimate the yield of the polished outcome of the rough diamond and the resulting value of the diamond when polished and then work back to determine the price of the rough diamond.

Can you buy rough diamonds in South Africa?

The government of South Africa doesn’t allow the sale of diamonds that have not been cut. To obtain one, however, you will have to hire a diamond dealer/cutter. Uncut rocks will likely incur significant penalties in this regard.

Are South African diamonds cheaper?

As most diamonds are mined in South Africa, many people believe that purchasing diamonds in South Africa is much cheaper relative to the rest of the world. This is not always the case. South African diamond mining is done by large corporations on huge open casts that sell in bulk.

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