Fancy Colored Diamonds – Rare And Beautiful

Fancy colored diamonds are naturally colorful diamonds. They are becoming increasingly popular on the diamond market as an alternative to the traditional white diamond, especially as some colors are very rare and very valuable. Just one diamond in 10,000 is naturally colored. The color is caused by traces of minerals including titanium, copper, iron and chromium. Depending on the color, fancy colored diamonds can have extremely high prices. Artificially dyed diamonds are widely available on the market, but they are not as valuable as the natural colored diamonds. 

The Grading of Colorless and Colorful Diamondsfancy colored diamonds

Diamonds are generally graded according to their carat, clarity, cut and color (the “four C’s” of diamond grading). When evaluating colored diamonds, the clarity and the cut are less important than when grading white colorless stones. Large colored examples are rare, and a large naturally red or blue stone can be very expensive.

In general, the higher the weight in carat, the more valuable the colored diamond is. The clarity of a diamond means how many flaws (inclusions) it has, and whether they are internal or external flaws. The color of a fancy diamond can often mask some flaws, which makes the clarity less important than with colorless stones. The fourth “C” is the cut. While white diamonds are cut to make them as brilliant and sparkling as possible, colored diamonds are cut to highlight their color. Fancy diamonds are available in many of the most popular diamond cuts, including round, emerald, marquise and princess cuts.

Types of Fancy Colored Diamonds

Red fancy diamonds are the rarest of all natural fancy diamonds. Pure red stone are very rare and they are also the most expensive. Other red varieties include pinkish, brownish and purple-shaded red diamonds.

Pink diamonds are much loved, but they are not easy to find. Their shades range from light pinks to purple, orange-tinted and intense pinks. Large pink diamonds are especially difficult to find and a large stone can be very valuable. A pink diamond is often set in rose-colored gold to match it natural color.

Green diamonds are very rare. Their color is not caused by mineral traces but by atomic radiation during the formation of the diamond. Green fancy diamonds are the second rarest in the world after red diamonds. In many stones, the green color is only on the surface. Stones that are thoroughly green belong to the most valuable gemstones in the world.

Blue diamonds are sought after and expensive. They come in pale blue shades, in brilliant blue and in intense deep blue. A famous example of a blue diamond is the Hope Diamond, one of the most expensive gemstones in the world. This 45.52 ct diamond is grayish blue in color.

Yellow fancy diamonds belong to the most affordable fancy colored diamonds. The yellow color comes from nitrogen impurities in the stone. These stones are relatively common, and that gives them a lower price compared to the rare red or blue varieties. Sometimes called canary diamonds, yellow diamonds come in a range of shades of yellow, from the lightest yellow tints to bright yellows and to deeper, orange-shade yellows. A yellow diamond can look especially good in yellow gold setting.

The value of a colored diamond depends less on its clarity or cut and more on its color. There is an international scale for the different shades fancy colored diamonds are available in. Starting from the lightest shades, the color ranges from: faint to fancy vivid. The most intense and vivid colors are usually the most sought after and the most valuable.