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The carat (ct) is a unit of mass equal to 200 mg (0.00705 oz; 0.00643 ozt), which is used for measuring gemstones and pearls. The current definition, sometimes known as the metric carat , was adopted in 1907 at the Fourth General Conference on Weights and Measures , [ 1 ] [ 2 ] and soon afterwards in many countries around the world.
Neither of these changes makes the diamond appear any larger, and both greatly reduce the sparkle of the diamond. (A poorly cut 1.0-carat (200 mg) diamond may have the same diameter and appear as large as a 0.85-carat (170 mg) diamond.) The depth percentage is the overall quickest indication of the quality of the cut of a round brilliant ...
In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million euros, or US$9.5 million at the time). [59]
Stones near the top of a size band (or rarer fancy coloured varieties) tend to be uprated slightly. Some of the price jumps are related to marketing and consumer expectations. For example, a buyer expecting a 1 carat (200 mg) diamond solitaire engagement ring may be unwilling to accept a 0.99 carats (198 mg) diamond. [citation needed]
A 5.05-carat (1.010 g) Emerald-cut red diamond formerly known simply as "Red Diamond". This is the second-largest known red diamond. It was cut from a 35-carat (7.0 g) piece of boart discovered near Lichtenburg, South Africa. It reappeared in 2007 after a 37-year absence from sight, and was purchased by Kazanjian Brothers Inc. —
For instance, a 2.20-carat (440 mg) octahedron may produce (i) either two half-carat (100 mg) diamonds whose combined value may be higher than that of (ii) a 0.80-carat (160 mg) diamond plus a 0.30-carat (60 mg) diamond that could be cut from the same rough diamond.
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