
You’ve
probably seen magazine and television ads promoting fancy colored
diamonds, and the advertising seems to be working. Fancy colored
diamonds continue to rise in popularity into 2015. Increase your
knowledge of fancy colored diamonds—and learn some interesting
facts—before you buy.
- Diamonds that have been colored naturally, without the help of people, are known as authentic fancy colored diamonds.
- Authentic
fancy colored diamonds are often worth more than clear or white
diamonds. Rarecoloreddiamonds.com wrote that 20 years ago, a one carat
fancy intense-pink internally flawless diamond would have sold for
approximately $70,000. Today, that same diamond would be worth $500,000.
- According
to Diamonds.net, fancy color diamonds have increased in value by 167
percent on average since January 2005, outperforming other assets in
that period, including the Dow Jones industrial’s average increase of 58
percent, and Standard & Poor’s 500 63 percent increase.
- Fancy
color diamonds are found in 12 different colors, with more than 90
secondary hues and nine intensity levels within the 234 color
combinations.
- Authentic fancy color diamonds get their color
from the trace elements they are exposed to. Radiation can create a
greenish tint, while large amounts of nitrogen causes a yellowish color.
- Through
heat treating and irradiation, gemologists are able to enhance the
color of most diamonds, as well as create beautiful synthetic diamonds
in labs, making fancy color diamonds more affordable and available to
people.
- Fancy colored diamonds are graded differently than white
diamonds. The four main criteria for determining a fancy color
diamond’s value include hue, color saturation, color purity, and
availability. The diamond’s color, including intensity of color and
hues, are considered the diamond’s most important qualities.
- With
fancy colored diamonds, the rarer the color, the more valuable it will
be. And if the color is richly saturated, the diamond will also be worth
more.
- In fancy colored diamonds, inclusions are considered
desirable. Inclusions are actually flaws, but in a colored diamond, they
can create unique tones and beautiful flashes of color.
- In
December 2012, at the final lot of Christie’s auction season, a
reddish-orange fancy color diamond sold for $2,098,500, setting a new
world auction record for a reddish-orange diamond and a new per-carat
record price of $666,200.
If you’re in the market for fancy colored diamonds, make sure to visit Adina by Empire Jeweler’s remarkable
online store.
You’ll find an exquisite selection of diamond jewelry at true wholesale
prices, all appraised by Empire’s GIA-educated appraisers.
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