The Carson daily appeal. [volume] (Carson City, Nev.) 1865-1870, 1869-10-31
A Diamond Of Eight 0unces-A Precious
Stone - Big - Lemon Found in Aus

A diamond Of Eight 0unces-A Precious
Stone - Big - Lemon Pound in Aus
! tralia-
i The discovery of diamond weighing
three quarters of pound and worth on
a moderate estimate twenty millions Ut
money, would be an event calculated TO
leave u mark even on this age of sen
sat,ons. We only regret that we cannot
quite announce 1t ms fact. A stone,
however, assumed to be precious, and
defined in successive kilograms as II
diamond, "A topaz ADD nondescript,
has actually been found in the As'ra
Ian gem sand. " The thug as our
| correspondent irreverently calls It, Is
as big as large lemon, 1t weighs be-
tween seven and eigh. ounces IN the
scale, and 1t might, as people shy, he
anything for all that could be told. To
enable the reader TO speculate on the
possible marvel and appreciate The phe-
u menon of its proper worth, We Will
just explaiG what ii means, or would
mean, If actually realized Dun ds
are measured by their weight in carats.
II Carat being four graIns. The largest
diamond of which We in this country
have any practical knowledge is the
famous kohiuoor, which In lis hIstori
Cal shape, as shown at the exhibition OF
1851, weighed lS6 carats, or 744 grarns.
The new Australian diamoud would
weigh about 900 carats; or 5000 grams
just about FIVE times as much. Dla-
mouds, however, Increase enormously
In theoretical value with increase of
weight; SO that. wh-reas b- h .hinoor
was computed to be worth, according
10 the ascending scale of prices, some
81 900 600, the Australian stone would
be valued 10y jeweler at far more rbau
five times that sum. We need hardly
.Id tt.at such calculations are pure,y
Specul, i've. 1t is all very VII t" grove
the value of a diamond by the rates of
conven ional table, but as no pu cha
sers could be found with millions in |
their pockets. the estimate Is entIrel, |!
nominal. The real value of thug is |
be actually sold for a million La point /
of fact, this limitation of market values |
was very soon reached 10 the late buoy
ancy of the trade. Up to a certain
point the value of diamonds rose greatly |
about twenty years ago, but wten tins
point had been passed the prices re-
manned stationery. lie enhancement
occurred solely in stones that, as the /
phrase goes, were every body smouey-
diamond worth $500. or even 81 600,
would fetch 20 or 80 per cent. in add
ton, but The iaGous Burgundy dIn-
tnond, for instance, broughl on !2O.-
900 pounds-a very moderate price Ii
will certainly be interesting to learn b,
and by what this ''reputed diamond
turns out to be, but, as regards the
mere possibilities of the case, we may
remark that there is already 2 ''reputed'
diamond in the world weighing actually
twice as much as the Australian gem.
This wonderful stone is. or Was, in the
Portuguese Treasury. among the crown
jewels of the Kingdom, and IL is known
to weigh i $50 carats. Unfortunately, |,
that is about the amount Of owledge
we possess in the case, for the G vern-
ment wonld never allow II to De ex-
A mined, and it may be only whi'.
sapphire or something less.-LondoR
Times, Oct. 6.