How much would Saturn and Jupiter's diamonds cost on Earth?

 I’ll let you in on a little secret but diamonds aren’t worth much. They’re pretty common when you come down to it. I mean these are diamonds:

They’re just rocks. Would you know these were diamonds if you first saw them? No of course not.

It’s the “gem grade” diamonds that are worth the hype. And yes it’s hype as even they are pretty common. The reason they’re so expensive is because diamond cartels like DeBeers are artificially inflating the price by sitting on literal warehouses full of them and only releasing them a little at a time. It keeps the price high.

Buy a diamond and try to sell it immediately afterwards. You’re lucky to get 50% of what you paid for it. That’s how worthless they are. And now you have these diamonds raining down in Jupiter and Saturn’s atmosphere. You think they’re gem grade? No. They’re like the rocks shown up top but maybe bigger.

Sure you could maybe sell them at a premium because they’re “space diamonds” and also you’d have no choice because it cost billions to go out and get them so maybe a dozen people in the world would be able to afford them.

And yes DeBeers and others have turned formerly worthless diamonds into fancy named diamonds because they realized people are stupid enough to fall for the hype and slick marketing campaign.

Before the expensive ones were the clear, blue and pink variety. Blue and pink commanded a higher price because they were so rare. But yellow diamonds were trash until they started marketing them as “Canary diamonds”. Brown diamonds became “Chocolate diamonds”. Beige diamonds became “Champagne” or “Cognac diamonds” and so on. So why not a huge diamond called a “Space diamond” that is so exclusive that only the super rich can afford? It creates a status symbol that people want to show off their wealth.

What are some interesting facts about diamonds?

 

• Diamonds were originally found and mined in India, Brazil, South Africa, Angola, Botswana, Namibia and Congo.

• Approximately 80% of diamonds mined go toward industrial uses.
• To produce a single one-carat diamond, 250 tonnes of earth needs to be mined, which is a testament to just how precious and rare diamonds are.
• The first man to propose was with a diamond ring was Archduke Maximilian of Austria who proposed to Mary of Burgundy in 1477 with a ring encrusted with thin, flat pieces of diamonds in the shape of an “M” in the hopes of gaining an advantage over her other suitors.

• Diamonds form approximately 200km beneath the surface of the earth and are pushed to the surface in a matter of moments by volcanic eruptions.

• Romans believed that Cupid’s arrows were tipped with diamonds, which is possibly the earliest link between diamonds and love.
• Ancient Romans and Greeks believed that diamonds were precious tears cried by the gods or splinters from falling stars.
• * The largest diamond ever discovered is the Cullinan diamond, which weighed in at 3106 carats before cutting and polishing.

• Diamonds have been valued and coveted by people for thousands of years.