# Diamond price question

**URL:** <https://boards.straightdope.com/t/diamond-price-question/981701>\
**Category:** Factual Questions\
**Created:** [March 27, 2023, 6:22am UTC](https://boards.straightdope.com/t/diamond-price-question/981701 "2023-03-27T06:22:51Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 6:22am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/1 "2023-03-27T06:22:51Z")

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There is this candle company that claims that every candle contains a real diamond (I won’t name it, but if you have Facebook you have probably seen their adverts). They sell the candles for $30 each, and I asked them what the average diamond in their candles are worth. They replied “$28”. Bear in mind that there are testimonials from people claiming to get $500, $1000, $5000 and even $16000 diamonds which means that for the average to be $28 some people must be getting diamonds worth even less, right? Their website says “Every diamond in our candles is an all-natural, genuine, earth-mined diamond. All of our diamonds are certified by GIA (Gemological Institute Of America). Every candle comes with a diamond that is at least 0.03 carats. All diamonds sized less than 0.25 carats are batch certified by GIA .”  
_Assuming they are being truthful_-

1. What kind of diamond can you get for $28?
2. If the diamond is worth $28 and the candle sells for 30…where is the profit?

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**Author:** ![purplehorseshoe](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/purplehorseshoe/32/2996_2.png) [@purplehorseshoe](https://boards.straightdope.com/u/purplehorseshoe)\
**Post date:** [March 27, 2023, 6:50am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/2 "2023-03-27T06:50:44Z")

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I’m guessing a lot of “industrial grade” diamonds, which are useful for drill bits and such, but ain’t gonna look purty in a ring.

I’m not sad to say that, despite lots of FB’ing, including membership in a few candle-making groups, I have yet to come across this one.

If I start seeing ads for them anytime soon, though, I’m blaming _YOU_ O.P.

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**Author:** ![Lord\_Feldon](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lord_feldon/32/341_2.png) [@Lord\_Feldon](https://boards.straightdope.com/u/Lord_Feldon)\
**Post date:** [March 27, 2023, 7:44am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/3 "2023-03-27T07:44:42Z")

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> [@Czarcasm](#):
>
> If the diamond is worth $28 and the candle sells for 30…where is the profit?

They didn’t say _they_ paid an average of $28. So long as someone somewhere has paid $28 for the average diamond, they can semi-truthfully say it’s worth $28.

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**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 8:20am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/4 "2023-03-27T08:20:32Z")

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Yeah, but let us just assume that the diamond I get is worth about $28 in today’s market. How big would it be?

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**Author:** ![Charlie\_Tan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/charlie_tan/32/12582_2.png) [@Charlie\_Tan](https://boards.straightdope.com/u/Charlie_Tan)\
**Post date:** [March 27, 2023, 8:34am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/5 "2023-03-27T08:34:26Z")

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I cannot answer what kind of diamond you get for $28. Call De Beer.

But saying that the average candle has a diamond that on is average worth $28 leaves a lot of wriggle room.  
1000 candles  
1 diamond worth $16K  
1 worth $8K  
998 diamonds worth four bucks each = $2k profit or 6.666…% profit margin.  
Not great, but sell enough candles…  
It’s almost like a lottery, and I think the regulators in my country would strike it down as such.

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**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 8:42am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/6 "2023-03-27T08:42:42Z")

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I tried to Google $28 diamonds…and now I know all about 28 carat diamonds and $28,000,000 diamonds.  
Thanks for assist, Google! 🙄

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**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 8:53am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/7 "2023-03-27T08:53:05Z")

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> [@Czarcasm](#):
>
> I tried to Google $28 diamonds

Or, you know, you could have googled 0.03 carat diamonds and got tons of information.

> **[0.03ct Round Cut Diamond (1.85×1.85×1.22mm) - Actual Size](https://www.diamdb.com/diamond/0.03ct-round-1.85x1.85x1.22/)**
>
> This 0.03ct Round cut diamond (1.85×1.85×1.22mm, 65.9% depth) does not look its weight. 2.69mm² face-up size for 0.03 carats indicates a chubby.

So it is a diamond around 0.07 inch across, weighing around 6 milligrams.

> **[0.03 ct Round Diamond : I / VS2](https://www.israel-diamonds.com/product/diamond/sg/27236.aspx)**
>
> 0.03 ct Round Diamond : I / VS2

And they can be bought for less than $20.

And their candles (which you refused to name for some reason but made utterly googleable thanks to the quoted text) list for over $100 each.

> **[All](https://foreverwickcandle.com/collections/all)**
>
> ForeverWick Candle®. The only company that puts a diamond in every fragrant candle. 100% Genuine cut and polished Diamond. Find a real diamond jewel inside!

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 8:57am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/8 "2023-03-27T08:57:21Z")

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From their Unicorn Poop page:

Every Candle comes with a .03CT diamond in the candle and a chance to win the following:

¼ tcw earrings valued at $300

A diamond of approximately 1/3 ct valued at approximately $500

A diamond approximately 1 ct valued at approximately $3,000

A diamond approximately valued at $12,000 (Size will vary depending on Market at time of winning)

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 9:01am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/9 "2023-03-27T09:01:45Z")

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Also, apparently candles with stuff stuffed in them is a whole product category.

> **[The Silly, Scammy World of Diamond Candles](https://jezebel.com/the-silly-scammy-world-of-diamond-candles-1520153614)**
>
> Did you know you can buy a soy candle with a surprise "diamond"
> ring inside it? Because you can. And that the women who buy the candles burn
> them down excitedly and then patiently extract the treasure-filled gold foil
> pouches like they're removing...

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:01am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/10 "2023-03-27T09:01:46Z")

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1. I don’t know where you got that “list for over $100” info. Some do, most don’t.
2. Yeah, I could have googled 0.03ct diamonds that list for under $20 if that was what I asked in the OP…but it wasn’t, so I didn’t.
3. I didn’t give their name because I didn’t want to give them any more free advertising, and it wasn’t necessary to answer the questions i asked.

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 9:06am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/11 "2023-03-27T09:06:42Z")

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> [@Czarcasm](#):
>
> Yeah, I could have googled 0.03ct diamonds that list for under $20 if that was what I asked in the OP…but it wasn’t, so I didn’t.

What you asked in the OP was “What kind of diamond can you get for $28?”. And the page you quoted said that their diamonds started at 0.03 carats. And what kind of diamond sells for $28 or less? A 0.03 carat one.

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 9:09am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/12 "2023-03-27T09:09:27Z")

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> [@Czarcasm](#):
>
> I don’t know where you got that “list for over $100” info.

From right here:

> **[All](https://foreverwickcandle.com/collections/all)**
>
> ForeverWick Candle®. The only company that puts a diamond in every fragrant candle. 100% Genuine cut and polished Diamond. Find a real diamond jewel inside!

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:13am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/13 "2023-03-27T09:13:18Z")

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That link goes to a sample page that goes from $29.95 _up to_ $99.99, and if you look at their full product line you can get diamonds in candles that cost as little as $14.95.

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:14am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/14 "2023-03-27T09:14:12Z")

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> [@Darren\_Garrison](#):
>
> What you asked in the OP was “What kind of diamond can you get for $28?”.

Yep, it sure was.

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 9:15am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/15 "2023-03-27T09:15:02Z")

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> [@Czarcasm](#):
>
> That link goes to a sample page that goes from $29.95 _up to_ $99.99

No, it goes to a page with the candles at a clearance sale price from their much higher original prices of over $100 each.

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:23am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/16 "2023-03-27T09:23:56Z")

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Apparently their entire collection is on a “Mega Sale” for _up to_ 80% off(let me know if that sale ever ends, o.k.?), so _at most_ that $14.95 candle that is guaranteed to have a diamond in it was selling for, at most, approximately $18.75. If I got the math wrong, let me know.

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 27, 2023, 9:31am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/17 "2023-03-27T09:31:20Z")

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For an idea if they really ever weren’t “on sale”, they have an Amazon storefront, and it looks like the cheapest ones there are $40.

> **[Amazon.com: My Last Fvck Candle with Diamond Inside | Foreverwick Candles |...](https://www.amazon.com/Candle-Diamond-Foreverwick-Anniversary-All-Natural/dp/B09QD36WMN)**
>
> Buy My Last Fvck Candle with Diamond Inside | Foreverwick Candles | Scented Soy Candles Gifts for Women Anniversary Candle Wax | Romance Candles All-Natural Organic Soy Candle 14oz | 70h: Jar Candles - Amazon.com ✓ FREE DELIVERY possible on eligible...

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<div class="post-metadata">

**Author:** ![DesertDog](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/desertdog/32/11503_2.png) [@DesertDog](https://boards.straightdope.com/u/DesertDog)\
**Post date:** [March 27, 2023, 9:43am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/18 "2023-03-27T09:43:51Z")

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> [@purplehorseshoe](#):
>
> I’m guessing a lot of “industrial grade” diamonds, which are useful for drill bits and such, but ain’t gonna look purty in a ring.

If they are certified by the [GIA](https://4cs.gia.edu/en-us/) they are of gemstone quality and not industrial.

If. The minimum size it will certify is 0.15 ct.

Then, there’s _what_ grade. A D VVS1 diamond is worth a lot more than a U I2 diamond independent of the size and how well it has been cut.

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:44am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/19 "2023-03-27T09:44:22Z")

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Enough free advertising for that company, please?  
Basic question- What kind of diamond can I get for $28?

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<div class="post-metadata">

**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [March 27, 2023, 9:45am UTC](https://boards.straightdope.com/t/diamond-price-question/981701/20 "2023-03-27T09:45:20Z")

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> [@DesertDog](#):
>
> If they are certified by the [GIA](https://4cs.gia.edu/en-us/) they are of gemstone quality and not industrial.

Let’s take them at their word for the purpose of this thread.

[Next page](https://boards.straightdope.com/t/diamond-price-question/981701.md?page=2)
