The current assessed value of a one-carat diamond (US) ranges from $1,910-$15,650, with a suggested average value of $4,280. That's more than double the assessed value of silver! Crowns and other jewelry are the most common uses for diamonds. They make beautiful decorations that catch the eye and spark interest. A diamond can also be used to cut other gems into shapes that cannot be achieved otherwise. It was once thought that only the rich could afford to wear jewelry, but today's diamond market shows that this is not true. There are many different styles and types of jewelry that can be made from diamonds. Diamonds are the hardest natural substance on Earth. This property makes them useful for cutting other materials, such as wood or gemstones. Although diamonds are valuable, they are also fragile. The same properties that make them desirable products also make them dangerous if handled improperly. Diamonds are subject to damage from chemicals, heat, and friction so they must be kept away from sources of heat and acidity or else the quality will be affected. When you mine diamonds using the default settings in Minecraft, you will usually get between 0.5 and 1 diamond per block of dirt.