"The diamond invention—the creation of the idea that diamonds are rare and valuable, and are essential signs of esteem—is a relatively recent development in the history of the diamond trade. Until the late nineteenth century, diamonds were found only in a few riverbeds in India and in the jungles of Brazil, and the entire world production of gem diamonds amounted to a few pounds a year. In 1870, however, huge diamond mines were discovered near the Orange River, in South Africa, where diamonds were soon being scooped out by the ton. Suddenly, the market was deluged with diamonds."
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Original Language: English
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Sources
Edward Jay Epstein, "Have You Ever Tried to Sell a Diamond?", The Atlantic Monthly (February 1982).
https://en.wikiquote.org/wiki/Diamond
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Diamond
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