Jewelry designer Nina Runsdorf was at a trade show in the early 2000s when a “large brown rock” the size of a pebble caught her eye. The seller told her it was a rough brown diamond.
In the '80s and '90s, gem-quality brown diamonds were worth about $1,500 per carat, but now many sell for up to $10,000 per carat. And the price of larger stones has risen by as much as 25 times.
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