RE: Great news today7 May 2025 10:53
These calculations are ball park:
Step 1: Price Per Carat
Prices vary widely based on size, colour, and clarity. However, for generic gem quality diamonds:
• Low estimate: $500 per carat
• Mid-range: $1,500 per carat
• High-end: $3,000+ per carat
Let’s calculate using all three for perspective.
Step 2: Convert to GBP
Using a recent exchange rate (approx. 1 USD = 0.80 GBP):
Estimated value:
Price per Carat (USD), Total Value (USD), Total Value (GBP)
$500, $18,237,630, £14,590,104
$1,500, $54,712,890,£43,770,312
$3,000, $109,425,780, £87,540,624
Like I said earlier,
The estimated value in GBP of the 36,475.26 carats of gem quality diamonds could range between £14.6 million to £87.5 million, depending on diamond quality and market prices.
This will come good!
GLA