In April of 2017, a diamond sold at Sotheby's Hong Kong auction for $71.2 million dollars. At 59.6-carats, it was certainly a large stone, but not nearly large enough to justify its record-smashing winning bid. What made this particular diamond so unique? It was pink.
Last year, we posted an article emphasizing the difference between color modifiers and undertones and how different hues impact diamond value. If you haven’t already, check it out here.
In that article, we spent most of our time analyzing how different undertones affected pricing and possible reasons behind why they are not included in GIA reports. This time, we will be taking a closer look at color modifiers and exploring how different modifiers can affect a diamond’s value, as well as some exceptions to these rules.
After stressing the advantages of investing in colored diamonds, many of you contacted us and asked which colored diamond category you should invest in accordance to your budget. Since this is one of our most frequently asked questions, we figured it was high time we shed some light on the matter.
2018 came and went, and while no diamond managed to break the record set by the Pink Star during 2017, there were plenty jaw dropping stones that managed to “wow” audiences and set headlines in the year that passed.
The top diamonds sold during 2018 were:
- A 50.47 Carat Colorless Diamond Ring, by Harry Winston
- The Fancy Intense Blue Diamond Ring
- The Farnese Blue Diamond
- A 50.39 Carat Colorless Diamond Ring
- A 51.71 Carat Colorless Diamond Ring
- The Pink Diamond Heart Pendant
- A 5 Carat Fancy Vivid Blue Diamond and Diamond Ring
- The Bulgary Blue Diamond Ring
- The Moussaieff Blue and Pink Diamond Necklace
- The Pink Legacy Diamond
Investments come in all types of forms. From real estate and stocks, to crude oil and gold. But did you know that another fast-growing form of investment is within the world of naturally colored diamonds?
By now we all know that colored diamonds can come in all the colors of the spectrum, but... did you know that there is a diamond category that can change its color?
These stones are more famously known as chameleon diamonds, and in this article we will be answering the 9 most common questions regarding these beautiful and enigmatic stones.
With more and more people wanting to secure their wealth, investors have started looking towards alternative, tangible investments such as gold and fine art; but what about diamonds and especially colored diamonds?
Diamonds are one of those unique investments that can be purchased in one currency and sold in another, providing a hedge against inflation that devalues the purchasing currency. Like we’ve mentioned in previous articles, diamonds are tangible investments that are highly portable, easy to store, and of course wearable.
On November 13, Christie's presented the largest Fancy Vivid Pink diamond to ever be offered at it's auction. While this sounds like a remarkable feat on its own, the stone went on to shatter the world record for highest price paid per carat for a diamond of its caliber, essentially dethroning the Pink Promise.
Image Source: Christie's
October 10th marked the day all bidders had to send Argyle their bids for each of the 63 diamonds that were being offered at this year’s annual Tender. As per usual, the stones presented were of exceptional quality and grading, leaving everyone with very positive impressions.
Image credit: Rio Tinto
Perhaps the most noteworthy thing to point out however, is that for the first time in 5 years, a diamond weighing more than 3 carats was offered!