Fancy Color Diamonds
More rare than a colorless diamond, a fancy color diamond is truly the most brilliant and exotic gemstone that comes from the mother nature earth.
A fancy color diamond is a natural color diamond found in wide range of hues, including, red, green, purple, violet, orange, blue, and pink. These diamonds are amongst the most rare and beautiful diamonds that nature has to offer.
Fancy color diamonds are diamonds possessing a natural color other than colorless or white. While there is a huge range of fancy color diamonds, they are in fact only 1% of all diamonds mined every year. This is why these specific diamonds are so desirable and valuable.
The Creation of Natural Color Diamond
The creation of natural color diamond is nothing short of a miracle. In addition to to the extreme conditions that must be present for a diamond to form inside the Earth, minute amounts trace elements must also interact with the carbon atoms to permanently alter the color of the diamond. Is is estimated that a diamond has only a chance of 1 in 10,000 of possessing any natural color, regardless of the spectral hue, which makes any fancy colored diamond a true natural wonder.
Unlike colorless or clear diamonds, the fancy color diamond grading improves in relation to a greater presence of strong colors. Fancy color diamond grading differs from clear color diamond grading and a few simple descriptions will be useful in analyzing fancy color diamonds.
Colorless Diamonds in the D - Z color range usually decrease in value as the color becomes more apparent. The opposite is true with fancy colored diamonds. It is the single most important value factor that affects the rarity of a fancy color diamond is Color. Fancy colored diamonds are found in nearly every color of the rainbow, red, green, purple, and orange are the most rarest colors, followed by pink and blue. Yellow and brown are the most common fancy color diamonds, therefore, they are the most affordable. Aside from the spectral hue, the purity and strength of the color also affect the rarity.
Diamond color Hue refers to the dominant color of the stone, such as pink or yellow. There can also be modifiers, or tint, which impart more than one color to a stone. For example, a purplish-pink diamond indicates a stone with a principal pink hue and a slight purple tint. If there is no modifiers or tints exist in the stone, then the diamond hue is said to be pure.
Diamond color tone refers to how much lightness or darkness a stone appear to retain. The range of diamond tones goes from light to dark.
Diamond color saturation describes the strength or intensity of the hue. The saturation of light diamonds can vary from pastel to vivid and intense. The saturation of dark diamonds can range from dark to deep.
Fancy Color Grading Report
Grading fancy color diamonds: Yellow or brown colored diamonds, as well as diamonds exhibiting color other than yellow or brown, such as blue or pink, have a color grade more intense than the color ”Z” are considered Fancy Colored Diamonds. These diamonds are graded using a separate system which indicate the characteristics of the diamond color. These color grading system are similar to those used for colored gemstones, such as Emerald, Ruby, and Sapphire,.
Colored Diamond Grading Report are issued by GIA or EGL for diamond colors that are not in the normal color range of diamonds. The following terms are used to describe natural color diamonds:
- Fancy Yellow Diamond
Light to Vivid yellow color diamonds are mined in different countries. The yellow color saturation is depended upon the amount of nitrogen present in the stone.
The largest and most saturated yellow diamond have been discovered primarily in South Africa. Including the largest known fancy yellow diamond, The Red Cross, weighs 205.07 Carats and features a Maltese Cross visible from the top facet.
Fancy Vivid Yellow Diamonds - are the most unique color diamonds and are considered the rarest. Its very rich and vividly intense hue among all other ranges makes it the most highly valued of all fancy diamonds.
Fancy Intense Yellow Diamonds - have richer color and quality.
Fancy Yellow Diamonds - are a lesser saturated yellow hue compared to the fancy yellow diamonds
Light Fancy Yellow Diamonds - are a slight yellow tint diamond that can be detected by human eye. Lighter shades of yellow color are a great value because they still look yellow, yet more affordable and can have in larger sizes (carat weight).
- Fancy Blue Diamond
Fancy blue color diamonds range from very light shades through to a steel blue hue, and derive their color from boron impurities. Due to the present of boron, some blue diamonds are able to conduct electricity!!! The Cullinan mine near Pretoria, South Africa is the world’s only notable blue diamond producing mine. The Hope Diamond, arguably the most famous blue diamond in the world, is a natural fancy blue diamond, weighting 45 Carats. This deep blue diamond is now on display at the Smithsonian Institute in Washington DC.
- Fancy Green Diamond
Only a handful of fancy green color diamonds are introduced into the consumer market each year. Pure Green diamonds are valued more than those diamonds which are yellowish-green or gray-green. Fancy green diamonds are sourced from South Africa and other part of the continent. The green color comes from being near radioactive sources during their formation. This process takes at least a million years to occur, hence, their rarity!! The most famous green diamond is the 41 Carats Dresden Green Diamond, currently housed at the Staatliche Kunstsammlungen in Dresden.
- Fancy Pink Diamond
Pink color diamonds come in a variety of colors, including bubble gum and coral. There are also brownish and purplish pink diamonds. The Argyle mine in Australia is the only mine in the world that produces a consistent volume of diamonds. A whole year of Argyle’s intense pink diamond production can be held in the palm of one hand. To put the true rarity of these stones in perspective, of every million carats of rough diamonds production in Argyle, only one carats is suitable for sale in its tender.
- Fancy Yellow Color Diamond
Diamonds that are below ‘Z’ color on the diamond color grade are classified as true fancy color diamonds. Fancy Yellow color diamond is the most common among the fancy color diamonds. Sometimes the yellow tint is accompanied with other colors such as brown or green. In such cases the color indicator contains both colors, for example Brownish Yellow.
- Fancy Brown Color Diamond
Fancy Brown Diamonds are also known as Cognac, Champagne, and Chocolate diamonds and are mostly found in the Argyle diamond mine in Australia. Brown diamonds started to becomes popular in the 1980s and well sought after today by those who are looking to make a statement in the jewelry fashion world of distinctly colored diamonds. Brown color diamond are the most affordable color diamonds.
- Fancy Green Color Diamond
Fancy Green Color Diamonds are one of the rarest diamonds and are sought after by the most avid diamond and gemstone collectors. Its color comes from being near radioactive sources during its formation. The famous Green Diamond is the Green Diamond is originated from India and weigh 41 carats.
- Fancy Gray Color Diamond
Diamonds with gray as the primary color dominant are unique. Gray usually appears as a secondary color in fancy color diamonds. These color combinations includes yellowish-gray, light gray-blue, greenish-gray, and many more,
- Fancy Orange Color Diamond
The fiery vivid color of orange diamonds attracts many who are interested in a unique and distinctive diamond. Orange color diamonds are found in many different sub-shades such as yellow, red, purple, and pink. Diamonds with intense orange color are very much in demand because of their natural beauty.
- Fancy Blue Color Diamond
Natural blue color diamond is one of the rarest and valuable of fancy color diamonds. The diamond color ranges from faint to a very deep blue. The famous Hop Diamonds is the largest blue diamond weighting 45.52 carats and is exhibited at the Smithsonian Institute in Washington D. C. Many people do not know that some blue diamonds have unique characteristics of glowing under ultraviolet light.
- Fancy Red Color Diamond
Fancy red diamonds are by far the rarest of all colored diamonds. There are fewer than 20 stones have been certified as red color diamonds. Red diamonds are the most valuable and rare diamonds in the world. They are usually owned by Kings, Sultans, and major diamond collectors. many red diamonds are not graded as “Red” alone and graded with other colors, for example: purplish red, or brownish red. Only an extremely small percentage of the color diamonds are purely red and these are the most desirable ones.
- Fancy Pink Color Diamond
Pink diamonds are rare very popular and highly desired. Pink diamonds of higher intensity are the most rare diamonds and command very high prices. Most Pink color diamonds are faint to light colored (pastel colored). Many of the deep pink colored diamonds come from Argyle mine in Australia. Since the 1980s pink color diamonds have increased in popularity and lately several known celebrities have purchased pink diamond engagement ring for their new brides.
- Fancy Black color Diamond
Black color diamonds are not transparent, and do not show show fire as other diamonds, but they can be extremely expansive where they are in the dark to vivd color ranges. Black color diamond gives off secondary color hues of gray or white. Today, Genuine untreated black diamonds are popular. Most black diamonds are heated to create a more vibrant color.
Diamond Clarity Grades can be assigned to fancy colored diamonds the same way as colorless diamonds, however, clarity is not one of the most important factors in determining the value of natural color diamond. It is a consideration in the valuation, but not a critical factor. In another words, a natural color diamond with deeper color and lower clarity is considered more desirable than one with light color and higher clarity. Often times, the unaided eye can not detect inclusions in a fancy colored diamond, because these characteristics blend in with the diamonds color.
Diamond cut is also not considered a critical factor in determining the value of a natural color diamond, since the diamond is fashioned to enhanced the color as much as possible while retaining the maximum carats weight from the rough crystal. This practice lends itself to brilliant cut styles, as opposed to step faceted, with deeper cut proportions and thicker girdles on finished diamonds. The most common shapes found in large fancy color diamonds are Radiant cut diamonds, and Cushion cut diamonds. Though Round cut diamonds are by far the most popular shapes for colorless diamonds, but fancy color diamonds do not hold color as well in round cut diamonds. Premium Ideal cut proportions in round shape diamonds can improve the “face-up” color of the a diamond in the normal range, but will actually cause the strength of the color in a fancy colored diamond to appear weaker because of the way light performs.