Diamonds are made of carbon, graphite is also made of carbon. Both are natural, yet one is quite valuable and the other is a commodity.
Because of basic similarities, everyone wants to know if the value and hype of diamonds are justified, especially when they see them all over mainstream department stores.
Is diamond really as rare as people make it out to be? The short answer is yes, diamonds are incredibly rare, geologically speaking. The longer answer is that they could even be considered Mother Nature’s scientific miracle.