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From http://www.gia.edu/diamond-quality-factor One of the first things most people learn about diamonds is that not all diamonds are created equal. In fact, every diamond is unique. Diamonds come in many sizes, shapes, colors, and with various internal characteristics. All polished diamonds are valuable. That value is based on a combination of factors. Rarity is one of those factors. Diamonds with certain qualities are more rare—and more valuable—than diamonds that lack them. Jewelry professionals use a systematic way to evaluate and discuss these factors. Otherwise, there would be no way to compare one diamond to another. And there would...
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Want to know how a Diamond makes its journey from deep in the earth to your ring? http://www.gia.edu/diamond-journey
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About Diamond Diamond forms under high temperature and pressure conditions that exist only about 100 miles beneath the earth’s surface. Diamond’s carbon atoms are bonded in essentially the same way in all directions. Another mineral, graphite, also contains only carbon, but its formation process and crystal structure are very different. Graphite is so soft that you can write with it, while diamond is so hard that you can only scratch it with another diamond.