The commercially acquired aqueous solution of “carbon quantum dots” sample was evaluated by optical absorption and fluorescence emission methods; in reference to aqueous dispersed small carbon nanoparticles and representative carbon dots prepared from chemical functionalization of the carbon nanoparticles. The results suggest a very low content of carbon that is associated with nanoscale carbon particles/domains in the as-supplied sample; and likely significant contamination by dye-like species/mixtures. In the absence of any information on the synthesis and history of the commercial sample, the possible cause of the contamination was illustrated by an example on similar dye formation in the one-pot carbonization synthesis of “red carbon dots” from citric acid–formamide precursor mixtures under too mild processing conditions that were insufficient for the intended carbonization. The negative impacts to the carbon dots research field by the apparent proliferation and now commercial availability of carbon-deficient or even largely carbon-less “carbon quantum dots”, which are more susceptible to dye contamination or dominance, are discussed.