To place a carat next to a measurement scale most of us are familiar with, a carat is equivalent to approximately one seven thousandths of an ounce. This one relationship of two different types of weight measurement immediately demonstrates the small sizes that are being discussed when one is speaking of diamonds. To put a little more perspective on this, the largest rough diamond ever found, the Cullinan diamond from the Premier mine in South Africa, was an enormous 3,106 carats prior to cutting. This is a gigantic diamond, yet it is the equivalent of roughly three and a half pounds. Looking at it in such a light, you can see that even an enormous diamond, worth millions of dollars, is still fairly light in comparison to other precious commodities.
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