ANSWERS: 2
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Probably because it's less valuable.
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6-16-2017 Federal law forbids anything less than 10 karat. (Carat, with a 'c', is a unit of weight equal to 1/5 gram. It originally was the weight of a carob seed.)
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Jewels VernChecking my facts: https://english.stackexchange.com/questions/14246/do-carat-and-karat-have-the-same-origin
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