What does the term "specials" refer to in the diamond trade?

In the diamond trade, the term "specials" specifically refers to diamond rough that weighs over 10.80 carats. This categorization is significant because larger diamonds, due to their size, are considered rare and valuable. The market for larger rough diamonds is distinct, highlighting the importance of size in determining value and demand.

While unique colors, special cuts, and diamonds for special occasions all carry importance in the diamond industry, they do not encompass the specific definition associated with "specials." The focus on size in the context of the diamond trade aligns with how these stones are valued and handled in terms of mining, pricing, and selling strategies. As a result, when discussing "specials," it is essential to understand the emphasis placed on the carat weight, particularly anything above the 10.80-carat threshold, which distinguishes these diamonds in the marketplace.