Naturally Colored Diamond Blog

9 Colored Diamond Facts That You Need to Know

Posted by Tony Cathaway on 3/7/16 8:30 AM
Colored diamonds have become increasingly popular in recent years. These unique diamonds are becoming the featured centerpiece on everything from engagement rings to stunning necklaces. As the popularity of colored diamonds surges, many are seeking more information about their background.  Arpege Diamonds is proud to bring you some interesting and little known facts about colored diamonds.  

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Colored Diamond Facts

  1. Diamonds are graded based off of color, clarity, cut, and carat size.  In colorless diamonds, color refers to the lack of color; a perfectly pure diamond has no hue. Colored diamonds are graded by the same 4 characteristics, but the presence of certain colors can conversely increase the value of the diamond. 
  2. Colored diamonds are graded by The Gemological Institute of America (GIA) ranging from Faint, Very Light, Fancy Light, Fancy, Fancy Intense, Fancy Deep and Fancy Vivid with Fancy Vivid as the highest color grade.
  3. The limited availability of colored diamonds highly impacts their value. Only one in 10,000 mined diamonds will be colored. The Argyle mine in Australia, mines 30 million carats a year and less than 1% are colored diamonds and out of those, only a hand full are investment quality.
  4. The rarest colored diamonds are red, blue, green, orange and pink. However, pink & red colored diamonds are considered the most rare.
  5. The simple law of supply and demand makes colored diamonds a valuable investment.Three different diamond mines in Africa have closed in recent years. The Argyle mine in Australia, which produces the largest amount of pink diamonds, is ceasing production in the short years coming. As for mines in Canada and Russia, they’re just simply not producing enough colored diamonds for to keep up with the high demand. With an inevitable shortage of colored diamonds on the horizon, prices continue to rise. 
  6. Colored diamonds have been known to bring astounding prices on the auction block. Pink diamonds are regularly selling for well over 7 figures. Yellow diamonds have been showing the strongest growth potential.
  7. Colored diamonds have seen an increased average value of 10-15% per year. Fancy colored diamonds should be looked at as a long-term investment opportunity. The return can be substantial as there is no true set price on such gems. 
  8. Don’t be fooled; there is a difference between natural color diamonds and treated color diamonds. The treated diamonds have their color added artificially, are mass produced, and are considered replicas, thus lowering the value of the original diamond. 
  9. Cutting a colored diamond takes significantly longer than their colorless counterparts. Colored diamonds are thought to gain their hue in part because of the imperfections within the stone that refract light differently than colorless stones.  Thus, a completely different method is used by the diamond cutters and diamond cutters that regularly cut colorless stones would not be given the task of working on a colored stone. 
For more reading on colored diamonds, checkout the following link:

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Topics: Things to Know

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