The diamond industry is one of the largest in the world, and diamonds are quite possibly one of the most valuable commodities on earth. While there are many different types of diamonds, each with its unique properties, there are also different colors. There are even rare colors like blue diamonds or polki diamonds that can reach astonishing prices at auction. In this article, we’ll explore some of the most expensive colors in which a diamond may be found.
8 Most Expensive Diamond Colors in the World
1. Pink Diamonds
Pink diamonds are the rarest of all colored diamonds and also the most expensive. They’re also the most expensive diamonds in general, which means that if you want to get your hands on one, you should expect to pay a pretty penny.
Pink diamonds are found in South Africa and Australia, so there’s a good chance that if you purchase jewelry from those countries, there will be the pink diamond in it, but buying a piece that has been certified by an independent gemological laboratory is still recommended.
2. Blue Diamonds
While diamonds are the most valuable loose gemstones on Earth, blue diamonds are considered to be the rarest. A large percentage of the world’s supply is mined in Australia and South Africa, but there are only about 100 known deposits worldwide.
To find a fine blue diamond, one must first search through thousands upon thousands of other diamonds that might be less valuable simply because they’re not quite blue enough. Once you find your perfect stone, you can expect to pay anywhere from $15 million to 150 million dollars or more!
3. Canary Yellow Diamonds
Canary yellow diamonds are a rare, vivid, and glorious color, so it’s no surprise that they’re also the most expensive type of yellow diamond. If you want to buy one for yourself, expect to pay about $2 million for an average-sized stone. Luckily, there’s a way to get them without breaking the bank, by buying one online. You can get a much better deal when buying online than if you go into a jeweler shop or at auction because they have lower overhead costs and don’t need to charge as much money on their products to stay in business.
4. Champagne Diamonds
Champagne diamonds are one of the rarest colors of diamonds. They are a creamy yellow color, with traces of brown and orange. Champagne diamonds can range from light yellow to dark yellow-brown, with prices ranging from $5,000 to $9 million per carat.
They are often mistaken for fancy-colored diamonds because of their appearance, but there is a difference between champagne and fancy-colored diamonds. A true champagne diamond will have a noticeable amount of brown or orange in its hue, while true fancy-colored diamonds do not contain any hints of brown or orange at all.
5. Red Diamonds
Red diamonds are the rarest of all natural diamonds. They’re so rare that there are only about 100 red diamonds in existence today. The reason red diamonds are so sought after is that they often have a much higher value than other colors, like white or blue. The most expensive diamond ever sold at auction was a 24-carat red called “The Red Cross.” It was sold for $17 million in Geneva, Switzerland on May 12th, 2015 by Sotheby’s London. Red diamonds can be found in Russia, Australia, and Africa as well as being mined from volcanic rock in Brazil and India
6. Green Diamonds
Green diamonds are the rarest and most expensive colored diamonds. They are also the most expensive gemstone in the world, with a price tag between $1 million and $2 million per carat. The most valuable green diamond ever sold was called “TheFancy Deep Blue-Green” which weighed in at 699 carats and fetched over $4.3 million at auction in 2016.
Traditional green diamonds are created when nitrogen is trapped during their formation, which gives them their unique emerald hue. The rarest of all green diamonds is called “fancy green” or “natural fancy green.” These gems have an intense hue that can range from pure green to yellowish-green with hints of blue or brown undertones depending on how they’re cut and presented.
7. Purple/Violet Diamonds
Purple diamonds, the rarest and most expensive of all fancy-colored diamonds, are also known as “violet.” This is because the color is a result of natural irradiation. Till now, over 100 shades of purples have been identified, some are lighter than others and can even be close to reds or blues on occasion. The value depends on how dark they are but also on how intense their saturation is.
8. Black Diamonds
Black diamonds are the rarest of all colored diamonds. They get their color from carbon, and they can be found in a range of sizes, including small stones under one carat and large ones over 50 carats. Black diamond prices vary depending on the size, cut, and clarity of the stone. The most expensive black diamond ever sold was a 672-carat stone that went for $16 million at auction in November 2017. Black diamonds are formed in the same way as any other type of natural diamond, intense heat and pressure created a deep underground atmosphere where these precious minerals were born deep within Earth’s crust millions upon millions of years ago.
We hope that this list has helped you better understand the different types of diamonds out there and their unique characteristics. Whether you are looking for a diamond to give as a gift or just want one for yourself, it is good to know what makes each color special before making such an expensive purchase.