Settlement FAQs

de beers diamond settlement checks

by Jalyn Von Published 1 year ago Updated 1 year ago
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Good news for those waiting to get a check from the De Beers diamond class action lawsuit settlement: on August 10, 2012, a New Jersey federal court gave the green light to allow the first checks to be mailed to the Indirect Purchaser Reseller Subclass, which includes most jewelers and diamond dealers.

Full Answer

Why are carob seeds used in diamonds?

Carob seeds were used as a reference for diamond weight in the ancient world. Because larger diamonds are rare, they are more valuable than the equivalent weight in several smaller diamonds. A one carat diamond will generally cost more than two half-carat diamonds, assuming all other qualities are equal. COLOUR.

What are inclusions in diamonds?

These inclusions are naturally occurring features – wisps of minerals, uncrystallised carbon, tiny fractures – formed deep within the diamond when it was created. Though usually invisible to the naked eye, they can influence the way light is reflected and refracted.

What is the difference between a white diamond and a natural diamond?

They are graded on a colour scale from D (colourless) to Z. The differences between one shade and the next are very subtle, so grading is done under controlled lighting, using a master diamond sample set for comparison and accuracy. Natural diamonds also occur in shades of blue, green, yellow-orange, pink, red and even black. Known as 'coloured fancies', these gems are extremely rare and valuable. They are graded according to the intensity of their colour.

How many milligrams are in a carat diamond?

CARAT. Carat is a measure of weight, not size. One carat is equal to 200 milligrams. The term is derived from the word ‘carob’.

What are the four facets of diamonds?

The facets, known as the crown, culet, table, girdle and pavilion , are arranged with precise, mathematical proportions to maximise a diamond's fire, life and brilliance. The cut, the only element of the 4Cs influenced by the human hand, is often considered the most important.

What is a 4cs cut diamond?

The 4cs. CUT. A diamond's cut refers to the quality of the tiny surfaces, or facets. A well-cut diamond reflects light internally from one mirror-like facet to another and disperses it through the top of the gem.

What does the fifth C mean in De Beers?

Our fifth C stands for ‘confidence ’.

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