Diamonds are the most famous jewel globally; people continue to seek out these precious gems worldwide for sale or possession. However, there’s more to a diamond’s worth than its size and clarity, as its hue can also impact its price. Several factors determine the value of a colored diamond.
What Makes Diamonds So Valuable?
There are a few reasons why so many people value diamonds. The rarity of the diamond is relatively high, and it takes extensive resources and research to locate and mine them. Diamonds are currently known as the hardest gems available and have high thermal conductivity, allowing them to withstand extreme heat and serve as an excellent resource for technology. Of course, a significant part of their value in the jewelry world comes from how stunning these gems are when the light hits them.
The Colors of the Rainbow
Each of the many different diamond colors has its own distinct value. Although they come in many distinct colors, these are the most popular options today.
Jewelers value the blue diamond highly due to the slim chances of finding one while mining. The blue diamond gets its sapphire-like hue from the contamination of the boron atom in carbon. These gems tend to come in shades of blue with additional specs of green and grey. Finding a pure blue diamond is even more difficult, attributing to its current high value.
White diamonds gain their rarity and value from their clearness and transparency compared to other diamonds. The different colors of diamonds have different values as the color tends to go hand-in-hand with the clarity of the diamond. As the white diamond gets close to complete transparency and colorlessness, the price and value increase.
In contrast to white diamonds, black diamonds are more affordable since they lack the same clarity. The multiple inclusions of the diamond make them as dark as they are after their transformation from carbon. Despite their flaws, black diamonds have a lustrous and elegant appearance.
The yellow diamond comes in multiple shades depending on the amount of nitrogen present, as nitrogen absorbs any blue tones within the gem. These diamonds are a more natural and accessible color alternative that pairs well with most jewelry. Like the blue diamonds, the different colors of diamonds have different values depending on the purity of each color. For yellow diamonds, imperfections can lower their value, but a pure yellow appearance increases their price.
Another type of diamond is the chocolate diamond, noted for its brown or “chocolate” color. This type of diamond is the least expensive of the colored diamonds, but chocolate diamonds may have more value if they are closer to a shade of red, the rarest diamond color.
Diamonds are an exciting spectacle in the jewelry world and have a broad culture surrounding them. All diamonds are valuable compared to other gemstones and crystals, but there is still hierarchal value that each color of diamond has.