Diamonds can occur in nearly any color. If the color is strong enough (i.e. pink, yellow, black) these diamonds
are called fancy diamonds by the diamond industry. Yellow and brown are the most common.
Cognac: Cognac diamonds actually are just a form of brown diamonds. Because brown diamonds are less appealing to diamond
buyers as a whole, marketing of brown diamonds as "cognac" or "champagne" colored have been widespread. Naming brown diamonds
as "cognac" is an idea that is pushed by the Argyle diamond mine, which is located in Australia. The cognac diamond is a member
of the Carbon family and is the hardest substance known. Cognac scale grading is as follows: Light Champagne: C1 & C2,
Medium Champagne: C3 & C4, Dark Champagne: C5 & C6, Fancy Cognac: C7
Red: Crystal lattice defects during the formation of diamonds causes the red color. Only a very few red diamonds have ever
been found. Red colored diamonds are therefore extremely rare and valuable. One of the most famous red colored diamonds is the
Halphen Red (or Hancock Red). Its deep ruby color is unmatched. It was purchased in Paris by a diamond dealer called Edwin Streeter
in the 19th century and famously sold at Christie's in 1987 setting a new world per carat price for any gem. Red diamonds
are made when nitrogen and pressure creates the brilliant color underneath the earth's surface. They are considered impure
because of the nitrogen, yet they are so rare that impurities make them extremely expensive. The concentration of the color is
considered the most important factor, graded with a 9-tiered scale developed by the GIA.
Orange: The orange colored diamond is considered to be a fancy diamond, made naturally through the precense of nitrogen
and carbon lattice. It has the best of the rare red diamond and the brilliance of the yellow colored diamond, so when you see it
through the naked eye it looks orange. When you see the diamond, the secondary hues, such as red, orange, pink, purple, and
yellow combine to make different variations of color depending on how vivid the secondary hue it is. Orange diamonds are sometimes
synthetically enhanced to make them even more vivid then they are, which actually can make the value more than it already is. In
grading the diamond it can be either faint, very light, light, fancy, fancy intense, fancy vivid, and fancy deep. Of course the
collectors desire the fancy vivid and fancy deep, which are incredibly hard to find. The most sought after orange diamond is on
exibition in museums around the world. It is called the Pumpkin and was worn by Halle Berry at the 2002 Oscar Awards. It is an
intense vivid orange color, and weighs 5.54ct, an amazing buy for any collector lucky enough to be able to purchase this rare
and beautiful diamond.
Green: Green diamonds, when they are natural, are not only highly sought but very rare. The green diamonds in light hues are
not of execeptional value, but the color grades known as "fancy intense" and "fancy vivid" green are quite valuable. The fancy
vivid grade will usually be valued at twice the value of the fancy intense. Green diamonds have been discovered in Africa, South
America, and Asia. A green diamond can be cut into any shape you design, but it is important to note that the color will often
change and lose intensity, when it is cut or when it is exposed to heat. Since natural green diamonds are so rare, Certificates
of Authenticity usually bring their prices up considerably. The green diamond is sometimes called "the chameleon diamond" because
it's color can change so dramatically. it is the ratio of nitrogen atoms, which the diamond may or may not contain during their
creation, that gives them their unusual hue, and accounts for their extreme rarity.
Pink: The pink diamond is the most precious of natural fancy colored diamonds. Naturally colored pink diamonds are so rare that most
jewelers will never have an opportunity to see one. The rarity of the stone makes it one of the most expensive diamonds. Natural
colored pink diamonds vary in hue from purplish pink to orangey pink. The cause of the color variation is questionable, but it is
believed to be a result of the stone's atomic structure. The increase in supply and availablility of the pink diamond, coupled with
celebrity ownership of the stones, have caused an increased in the demand as well as price of the precious gem. In the past, pink
diamonds were only made available to royalty. Today, anyone can own the stone but must pay a hefty price.
Yellow: Yellow is one of the most common colors found in diamonds. Yellow diamonds range from very pale yellow to vivid fancy
yellow depending on the quality of nitrogen atoms absorbed during the crystallization phase. These stones are the most affordable
diamonds and are becoming more and more popular because of their warm coloring and their ability to blend nicely with white
diamonds and white gold. Vivid fancy yellow diamonds, as like any fancy colored diamond, are rare and rather expensive. One of the
largest known yellow diamonds is the Tiffany Diamond. Discovered in a South African mine, this famous gem weighed almost 280ct
before being cut into a 128ct stone. About 25% of the world's largest and most famous diamonds are yellow, but only a few are
fancy vivid yellow. Because of the rarity of vivid yellow stones, color enhancement treatments are often performed to meet the
demands of these beautiful gems.
Blue: The blue diamond gets its color from the boron in its composition. They are mined in Australia and South Africa, and along with
the "red" diamond are the most rare and valuable of the colored diamonds. A blue diamond can cost as much as $100,000 to $250,000
per carat, depending on clarity, color, and size. The most well known of all the blue diamonds is the "Hope Diamond." Its weight
is reported to be 45.52ct and is classified as a type I1b, diamond. its current home is in the Smithsonian Institute where it is
one of the prime attractions. It is cut in the cushion shape. It is estimated that the Hope diamond is over $215 million, but it
is doubtful a buyer could easily be found due to its turbulent history. The diamond is said to be cursed, and many of its previous
owners have not fared very well at all after it came into their possession. it is said to glow with an eerie glow when exposed
to ultraviolet light; a fact that only adds to its mystical quality.
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