Diamonds, by far, are the most sought-after and highly prized gem material. It’s common knowledge that diamonds can be found in a wide range of carat weights, but perhaps less common knowledge is that they can also be found in a rainbow of hues. Truthfully, that is the case. Diamonds can be found in every imaginable hue, including red, yellow, green, and blue. So, what makes colored diamonds unique from their colorless counterparts? Indeed, in most cases, their rarity exceeds that of conventional diamonds. Depending on the uniqueness of the hue, they can also fetch a hefty price. Find out what color diamonds cost the most by reading on.
- What Is The Most Expensive Color Of Diamond?
- How To Evaluate Diamonds By Color?
- What Are The Most Expensive Red Diamonds In The World?
- What Are The Most Popular Colors Of Diamonds?
What Is The Most Expensive Color Of Diamond?
A red diamond is the rarest and hence the most valuable diamond color. Rare as hen’s teeth, red diamonds are. In reality, only about 30 genuine red diamonds have ever been found. Africa, Australia, and Brazil are the sources of these diamonds. Red diamonds are the rarest and most sought-after of all colored stones; their value is reflected in the high price they fetch. A red diamond is the rarest and hence the most valuable diamond color. Rare as hen’s teeth, red diamonds are much more uncommon. There have only been about 30 genuinely red diamonds in history. Africa, Australia, and Brazil are the sources of these diamonds. Red diamonds are the rarest and most sought-after of all colored stones. Therefore they naturally fetch astronomical prices.
How To Evaluate Diamonds By Color?
Appraising a colored diamond is similar to that of a colorless diamond. Color, clarity, carat weight, and cut are the four Cs that an expert diamond appraiser will consider. The term “4Cs of diamond appraising” describes this process. The 4Cs are the Color, Clarity, Cut, and Carat that identify the value of Diamonds. An appraiser of a colored diamond will likely spend more time than usual, considering the diamond’s color and clarity. Diamonds of different colors can range greatly in price. A colored diamond’s worth is determined by the intensity and purity of its hue. Additionally, they will think about how unique the hue is.
What Are The Most Expensive Red Diamonds In The World?
We’ve compiled a list of some of the most well-known red diamonds because they are by far the hardest to find and most expensive diamond color:
The Moussaieff Red
The Moussaieff Red, or “Red Shield,” is a 5.11-carat red diamond and the largest of its kind in the world. This diamond was originally 13.9 carats in weight when a Brazilian farmer discovered it in the 1990s, and it was cut into a trilliant shape. In the early 2000s, the Moussaieff jewelry company paid $8 million for a large red diamond and gave it the moniker it is known today.
The Kazanjian Red Diamond
An emerald cut weighing 5.05 carats, the Kazanjian Red Diamond is the second largest red diamond in the world and is estimated to be worth more than $50 million. This enormous rough diamond weighed 35 tons when it was discovered in South Africa in 1927.
The DeYoung Red Diamond
The DeYoung Red Diamond is a 5.03 carat round cut red diamond, making it the world’s third largest red diamond. Named for the Boston jeweler who sold it and gave it to the Smithsonian’s Natural History Museum, the diamond is now on display there. This diamond was originally purchased by DeYoung’s firm from an estate sale when it was thought to be a garnet hat pin. This exceptional diamond is now valued at around $5 million.
The Hancock Red
The Hancock Red, a 0.95-carat Brazilian purplish red diamond, set a record in 1987 for the highest price paid per carat for a gemstone when it sold at auction for $880,000. Warren Hancock, the collector who purchased it for $12,500 in 1956, inspired the diamond’s eponymous moniker.
What Are The Most Popular Colors Of Diamonds?
One of the most prevalent mental images linked with the word “diamond” is that of a flawless, transparent gemstone. However, not all diamonds are colorless or transparent like a white diamond. Diamonds are available in a rainbow of hues and tones. Beautiful colored diamonds can be found in a wide range of tones, from yellow to blue and just about every shade in between. Popular diamond hues include:
The most popular fancy diamond color is yellow. Yellow diamonds, often called canary diamonds, have grown in popularity as an alternative to white diamonds in engagement rings and other forms of fine jewelry. Yellow diamonds can vary greatly in size and hue saturation. Yellow diamonds tend to be more valuable the more vivid and pure their color.
There is a wide price range for yellow diamonds, ranging from brownish-yellow (the most common) to greenish-yellow.
The authenticity of blue diamonds is a perennially hot topic. Indeed, that is the case. Blue diamonds are frequently misidentified as sapphires due to their color. Sapphires and blue diamonds share certain visual similarities, yet they are fundamentally different stones. Boron particles become embedded in a diamond, transforming it into a blue gem. To produce a blue reflection, the boron must first absorb yellow light.
Diamonds of every color can be found in a wide range of cuts, carat weights, and tones, and blue diamonds are no exception. In addition to being one of the rarest diamond colors, blue diamonds are also among the most valuable. The Hope Diamond is undoubtedly the most well-known and renowned blue diamond in the world. This 45-carat blueish-green diamond is steeped in history, adding to its allure and worth.
It’s no exaggeration to say that pink diamonds are among the rarest of all colored stones. You may think, “I’ve seen countless pink diamonds before!” However, the diamonds you’re seeing are likely synthetic rather than actual pink diamonds. Pink diamonds are exceptionally costly because of their scarcity.
Man-made pink diamonds are ideal if cost is a major consideration while shopping for a pink diamond. All sizes, colors, and intensities of pink diamonds exist. Less pure diamonds are less expensive than more pure ones. Rose gold, another member of the pink family, has been on the rise as a favorite setting for diamonds in recent years.
Taking your colored diamond to a reliable diamond buyer or appraiser is your best bet if you’re thinking about selling it. Don’t turn to pawn shops or internet auctions if you need money fast. Stores like these typically lack the expertise to determine a colored diamond’s fair market value. If you are the proud owner of a red diamond, the rarest and most valuable diamond color, you should stay away from those stores. Red or pink diamonds can fetch a high price on the market.