The Most Expensive Diamonds by Color

Diamonds are the most popular and valuable stone in the world. While we know diamonds come in all shapes and sizes, did you know they also come in a variety of colors? It’s true. Diamond can come in a variety of colors from red, yellow, green, and even blue. So how are colored diamonds different from non-colored? Well generally speaking they are rarer than traditional diamonds. They can also bring in big bucks depending on the rarity of the color. Read on to find on what is the most expensive diamond color.

Evaluating Diamonds by Color

Determining the value of a colored diamond is not much different from evaluating a non colored diamond. A professional diamond appraiser will look at color, clarity, carat weight, and cut. This evaluation is known as 4C’s of diamond appraisal. For more information on the 4C’s of diamond appraisal visit our blog on Diamond Value Factors.With a colored diamond, a diamond appraiser will most likely spend more time evaluating the color and clarity of the diamond. Not all colored diamonds are the same, and not all are expensive. The value of a colored diamond depends on how pure the color is and how clear the color shows through. They will also consider the rarity of the color.

Popular Diamond Colors

When you think diamond, you automatically think of the crystal clear diamond that is so commonly associated with the word diamond. However, white or crystal clear diamonds are not the only diamonds that exist. Diamonds can come in a range of different colors and shades. From yellow to blue and most colors in between colored diamonds exist and they are gorgeous.The most popular diamond colors are:

Yellow Diamonds

Yellow diamonds are the most common fancy diamond color. Also known as a canary diamond, yellow diamonds have become an increasingly popular choice for engagement rings and fancy jewelry due to their unique shine and affordability compared to other colored diamonds. Yellow diamonds can come in all shapes and size as well as color intensities. The more intense and pure a yellow diamond is, the more expensive it tends to be.

Yellow diamonds can also be found in a range of shades from brownish-yellow, which are usually less expensive, all the way to greenish-yellow. The most expensive yellow diamond to sell thus far is the 100.09 carat Graff Vivid Yellow diamond which sold for $16.3 million at a sotheby’s auction in 2014.

Blue Diamonds

The most common question asked about blue diamonds is, are they real? The answer is yes. Often times people mistake blue diamonds for sapphires. While sapphires and blue diamonds may look similar they are definitely two different types of stones. Blue diamonds are created when boron particles become trapped inside the stone. Boron is responsible for absorbing yellow light which in returns reflects a blue color.

Like all diamonds, blue diamonds come in different shapes, sizes, and shades. Blue diamonds are in high demand but are becoming increasingly rare making them one of the most expensive diamond colors.There is no doubt, the most famous blue diamond is the Hope Diamond. Weighing in at 45 carats this blueish-green diamond holds a ton of history which contributes to its appeal and value.

Pink Diamonds

Pink diamonds are among the rarest of colored diamonds. You may be thinking to yourself, “I’ve seen tons of pink diamonds before!” However, the diamonds you are most likely seeing are man made diamonds and not naturally occurring pink diamonds. Due to their rarity, pink diamonds are extremely expensive.

If you are in the market for a pink diamond and you are concerned with affordability man made pink diamonds would be your best choice. Pink diamonds come in all shapes, sizes, and shades. The less pure the diamond is the least expensive it will be. Another popular diamond choice in the pink family rose gold, which has becoming increasingly popular in the last few years.

Most Expensive Diamond Color

Out of all the diamond color choices, a red diamond is the most expensive diamond color there is. Red diamonds are extremely rare. In fact, they are so rare that less than 30 truly red diamonds have ever been discovered. These diamonds have been discovered in Africa, Australia, and Brazil. A red diamond is the most desirable colored diamond there is and will commands a price that truly matches it’s rarity. Out of all the diamond color choices, a red diamond is the most expensive diamond color there is. Red diamonds are extremely rare. In fact, they are so rare that less than 30 truly red diamonds have ever been discovered. These diamonds have been discovered in Africa, Australia, and Brazil. A red diamond is the most desirable colored diamond there is and will commands a price that truly matches it’s rarity.

Selling Colored Diamonds

If you own a colored diamond and would like to sell it, it is best to take it to a reputable diamond buyer or appraiser. Avoid going to pawn shops, or selling online. These types of selling outlets generally don’t have the experience required to evaluate the true value of a colored diamond. Definitely avoid those outlets if you own the most expensive diamond color, a red diamond. Red or even pink diamonds will generally bring in a large amount of money.At Diamond Buyers, our highly experienced GIA trained appraisers have been evaluating colored diamonds for over 30 years. We’ve evaluated and made generous offers on numerous colored diamonds. We hold a high reputation within the diamond community and aim to provide the highest value offer for each piece of jewelry we inspect. Contact us to set up a Free Diamond Evaluation.

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