Will diamonds ever lose value?

Asked By: Jarrell Mertz
Date created: Mon, Apr 26, 2021 2:07 AM
Best answers
Like a car, a diamond is a depreciating asset since it loses a large portion of its value the second you buy it. Think about gold and silver. The market for them is very liquid and fungible since you can store coins, sell them at any time or even trade them later on.
Answered By: Kody Schneider
Date created: Tue, Apr 27, 2021 4:10 AM

The truth about diamonds

The truth about diamonds
FAQ
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Diamonds can be found anywhere beneath layer 16, but is most common in layers 5-12 in version 1.16 and below; in versions 1.17+ they are most common between layers -50 - -64. Most players find it through caving or mining.
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Here is How to Tell if a Diamond is Real or Fake 1) Water Test. Use this simple test to ensure a diamond is real. Find a normal sized drinking glass and fill it ¾ of the... 2) Fog Test. For the fog test, hold the diamond or ring between two fingers and breath on it with a puff of air. A light... 3) ...
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Lay the stone onto the dot with the flat side down. Through the pointed end of the diamond, look down onto the paper. If you see a circular reflection inside the gemstone, the stone is fake. If you cannot see the dot or a reflection in the stone, then the diamond is real.
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Before you start, know that diamonds can sometimes be found above ground in naturally generated chests. These chests can be found in villages or abandoned mine shafts. Although it's possible to find diamonds without mining them, it's generally less successful. It's recommended to mine for diamonds if you want to collect them efficiently.
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Diamonds can be obtained from diamond ore, a rare find found in about ~0.0846% (~1 in 1200) of blocks in levels 5-16. Diamonds can be found anywhere beneath layer 16, but is most common in layers 5-12 in version 1.16 and below; in versions 1.17+ they are most common between layers -50 - -64.
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