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Ch. 17: The Diamond Market

Ch. 17: The Diamond Market Page of 396 Ch. 17: The Diamond Market Text size:minus plus Restore normal size   Mail page  Print this page
158 THE DIAMOND MINES OF SOUTH AFRICA
low hole drilled in the surface of the stone, and when he dies the next chief does the same, and so from one to another, and the more of these holes a stone has the higher it is in esteem, although such holes may prejudice it if it were to be manufac­tured ; but as that is never intended, they do not regard such prejudice; and these stones are never parted with, let what will happen, and if they foresee any ruin to the family ... in such cases they bury these stones, so that they never appear again." The other stones, comprising the small and middle size and some of the large ones, were put in the parcels for sale unassorted and
" valued by the lump, as they weigh one with another, by the rule." In the European markets such parcels were generally bought, he states, " by the invoice, that is before they are opened, it being always supposed they contain the value which they were sold for in India; and the buyer here gives the merchant such a profit as contents him. The diamonds being thus bought, the buyer opens the parcel, separates them, and then values them separately as his judgment directs; making to himself likewise such a profit upon the whole parcel as he thinks proper."1 This expert jeweller notes with regret that at the time of his
'"A Treatise on Diamonds and Pearls," David Jeffries, London, 1751, pp. 118, 119.
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Ch. 17: The Diamond Market Page of 396 Ch. 17: The Diamond Market
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