Investing in diamonds
Only one in every 10,000 diamonds possesses natural color and is referred to as a colored diamond. For this reason, colored diamonds are purchased almost exclusively for the intensity and distribution of the diamond’s color. Criteria considered when purchasing a white or colorless diamond, such as cut proportions and clarity, are less important when purchasing a colored diamond. The information below will help you understand colored diamonds to determine the diamond that’s right for you.
Color intensity, the deepness or richness of color, is the most important consideration when purchasing a colored diamond. The more intense the color, the rarer and more valuable the diamond will be. All of our colored diamonds possess natural color and are never exposed to artificial coloring techniques such as dyeing or irradiation.
Because the white diamond is the most widely recognized diamond color, the existence of “fancy color diamonds” may come as a surprise to some. While most mined diamonds have a yellow or brown tint, white diamonds are most commonly seen in stores because they are rarer, and thus more desirable? Outside of the normal white, yellow, and brown diamond color range, there exist a variety of fancy color diamond options such as pink diamonds, champagne diamonds, yellow diamonds, red diamonds, and chocolate diamonds.
The Gemological Institute of America’s D to Z scale is commonly used to grade the color of diamonds that fall within the normal color range, ranging from the stellar D grade of completely colorless to a Z grade of a pale yellow diamond or brown.
For diamonds, rarity equates to value. With diamonds of the normal color range, value is based on the lack of color, because colorless diamonds are the rarest. With fancy color diamonds, rarity, and thus value, increases with color intensity, purity, and rarity.
On GIA colored diamond reports, colored diamonds are graded in order of increasing color strength from Faint, Very Light, Light, Fancy Light, and Fancy to Fancy Dark, Fancy Intense, Fancy Vivid and Fancy Deep. Fancy Vivid and Fancy Deep generally command the highest prices.