What Color Diamond Is The Most Expensive?
White or colorless diamonds are the most valuable and expensive types of diamonds in the world. On a scale of D to Z, where D is the most colorless and Z has a pronounced yellow or brown tint, these diamonds are rated. Diamonds in the D-F range are thought to be colorless, whilst those in the G-J range are said to be almost colorless.
The brilliance of colorless diamonds
The maximum amount of light can travel through colorless diamonds, giving them a bright glitter and a clear, crisp appearance, which accounts for their high value. Contrarily, diamonds with greater color can reflect or absorb light, giving the impression that they are duller or less brilliant.
Fancy colored diamonds: rarity and value
In addition to white diamonds, fancy-colored diamonds are also available and, depending on their color intensity and scarcity, can be extremely valuable. Pink, blue, yellow, green, and red diamonds are a few of the most sought-after hues. Certain rare colored diamonds can earn millions of dollars at auction, and these stones can carry a large price premium above white diamonds.
Strong demand for colorless diamonds
Buyers and investors continue to have a strong demand for colorless diamonds, which drives up their prices. Due to their strength, scarcity, and long-standing cultural significance, many people think diamonds are good investments.
Record-breaking colorless diamonds
For instance, in 2017, the 59.6-carat Pink Star diamond, which is well-known, sold for a record-breaking $71.2 million. A very uncommon and expensive gemstone, this vibrant pink diamond is one of the largest and finest pink diamonds ever found.
The Blue Moon of Josephine, a 12.03-carat blue diamond that sold for $48.5 million in 2015, and the Oppenheimer Blue, a 14.62-carat blue diamond that sold for $57.5 million in 2016, are two more prominent colored diamonds. Due to their uncommon and bright hue, as well as their extraordinary size and quality, these diamonds have a high value.
Bottomline: Why are colorless diamonds more valuable?
Generally, colorless diamonds continue to be the most expensive and sought-after in the diamond industry, despite the fact that fancy-colored diamonds can be extremely valuable. A colorless or white diamond may therefore be your best option if you're looking to invest in a diamond as a valuable and stunning jewel.
The high value and cost of colorless diamonds are a result of all of these reasons. While there is undoubtedly a market for fancy-colored diamonds, colorless diamonds continue to be rare and in high demand. Thus a colorless or white diamond is a terrific option if you're seeking a diamond that is both pricey and classic.