How Diamond Colors Affect Price

All diamonds are not created equal and many different factors can impact the price of these beautiful gemstones. Diamond colors are one of the ways the stones are classified and valued. They are also evaluated on clarity, cut and carat weight. Some of the rarest and most highly prized diamonds are colorless, in addition to colorful diamonds that are pink, blue and various other colors.

 Colorless diamonds

 The normal color range for diamonds on the diamond color chart includes those of the crystal-colored variety. They are most commonly associated with engagement rings. The true colorless diamonds within this category are the most unique and expensive. They have no traces of yellow or any other colors, which signifies the absence of impurities. Most diamonds are tinged with some hint of color, so ones that don't have any are very costly. 

Pink

Pink diamonds are highly coveted, and those that are naturally colored are very scarce and extremely costly. Their high value is a reflection of how hard they are to find, as well as their limited supply. The Pink Star Diamond is one of the most expensive pink diamonds ever sold. It was purchased at an auction in 2013 in Geneva, Switzerland, for $83 million.

Blue

Blue is one of the rarest and most valuable diamond colors. The blue coloring comes from the presence of small amounts of boron that were formed when the diamond is created. An example of the huge sums people are willing to spend on blue diamonds can be seen with the 2008 sale of the Wittelsbach Diamond. It is one of the most costly blue diamonds to ever come on the market; Christie's auction house sold it for over $24 million. It weighs 35 carats and once belonged to the King of Spain.

Diamond prices are subject to supply and demand just like other products and services. Colorless and naturally colored fancy diamonds are the rarest and most highly desired, which is why they are the so costly. Call (480) 949-9299 today to get the most for your gold jewelry from the professionals at Ralph Mueller & Associates.