1 Gram Kohinoor Diamond Price In India

5 min read Jul 18, 2024
1 Gram Kohinoor Diamond Price In India

1 Gram Kohinoor Diamond Price in India

The Kohinoor diamond is one of the most famous and coveted diamonds in the world, with a rich history and a rich price tag to match. But what is the price of 1 gram of Kohinoor diamond in India?

History of the Kohinoor Diamond

Before we dive into the price, let's take a brief look at the history of the Kohinoor diamond. The Kohinoor diamond is believed to have been mined in the Kollur Mine in the Kingdom of Golconda, India, in the 14th century. It was initially owned by the Kakatiya dynasty, and later passed through various hands, including the Mughal Empire, the Persian Empire, and the British Empire. Today, the Kohinoor diamond is set into the British Sovereign's coronation crown and is on display in the Tower of London.

Value of the Kohinoor Diamond

The Kohinoor diamond is estimated to be worth around $10-15 billion, making it one of the most valuable diamonds in the world. However, the exact value of the diamond is difficult to estimate, as it is a unique and irreplaceable piece of history.

Price of 1 Gram of Kohinoor Diamond in India

Now, let's talk about the price of 1 gram of Kohinoor diamond in India. As the Kohinoor diamond is a unique piece, it's not possible to purchase 1 gram of the diamond. However, we can estimate the price based on the value of similar high-quality diamonds.

High-quality diamonds with similar characteristics to the Kohinoor diamond, such as the D color grade and the IF clarity grade, can cost anywhere from ₹2.5 lakhs to ₹5 lakhs per carat. Since 1 gram is equivalent to 5 carats, the estimated price of 1 gram of Kohinoor diamond in India would be:

₹2.5 lakhs x 5 carats = ₹12.5 lakhs to ₹5 lakhs x 5 carats = ₹25 lakhs

So, the estimated price of 1 gram of Kohinoor diamond in India would be around ₹12.5 lakhs to ₹25 lakhs.

Is it Worth the Price?

While the price of 1 gram of Kohinoor diamond in India may seem steep, it's worth remembering that the Kohinoor diamond is a piece of history and a symbol of national pride. The diamond has been a part of Indian and British history for centuries, and its value goes far beyond its monetary worth.

In conclusion, while it's not possible to purchase 1 gram of the Kohinoor diamond, the estimated price is a testament to the diamond's rarity and historical significance. Whether or not it's worth the price is a matter of personal opinion, but one thing is certain - the Kohinoor diamond will always be a coveted and valuable treasure.

Latest Posts