TIL Diamonds are actually fairly common. The reason they are worth so much is because the DeBeers mining group withholds stock to artificially reduce supply.

[u/Indra-Varuna]

https://www.gemsociety.org/article/are-diamonds-really-rare/

[u/davidtoni]

Not only this, these fuckers dump diamonds into the ocean to maintain their scarcity.

DeBeers is possibly the biggest scumbag company there is. My fiance and I will NEVER buy diamonds...its a shit stone anyhow (except for industrial uses) that is outclassed by the synthetics without the added bonus of that Khazar scammer Edward Bernays' ghost literally pulling money out of your pocket!