Rensselaer Semi-Weekly Republican, Volume 38, Number 18, Rensselaer, Jasper County, 13 October 1905 — Increasing Value of Diamonds. [ARTICLE]

Increasing Value of Diamonds.

In 1750 diamonds were sold in Eu- 4 rope at S4O a karat. In 1770, when Brazilian stones were poured on the market, first quality diamonds sold as low as $5 a karat, and in 1790 they had increased to S3O, and remained about this figure until 1848, when from sls to S2O a karat was asked. From 1860 on the price of diamonds advanced, and, with, the world’s diamond mines practically in the control of one company during the last ten years, the price has steadily increased until the present time, when first water diamonds are quoted at $l4O a karat or more.