Overview
Gem diamonds in GIA’s D-to-Z range usually decrease in value as the color becomes more obvious. Just the opposite happens with fancy color diamonds: Their value generally increases with the strength and purity of the color. Large, vivid fancy color diamonds are extremely rare and very valuable. However, many fancy diamond colors are muted rather than pure and strong.
Fancy Color Diamond Description
Fancy Color Diamond History and Lore
Birthstones & Anniversaries
Diamond is the birthstone for April and the gem of the 10th and 60th anniversaries. Fancy color diamond adds a unique twist to your celebration.1 in 10,000
Only one in 10,000 diamonds has a fancy color.
$71.2 million
In April 2017, the Pink Star diamond,
59.60 carats, became the most expensive
gem ever auctioned.
Hope Diamond
The 45.52-carat Fancy Deep grayish blue Hope Diamond is the world’s most famous gem.
Facts
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Mineral:
Diamond
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Chemistry:
C
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Color:
All colors
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Refractive index:
2.42
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Birefringence:
None
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Specific gravity:
3.52
- Mohs Hardness: 10
Treatments
There are a number of processes used to alter the color, apparent clarity, or improve the durability of gems.
Learn MoreSynthetics
Some gemstones have synthetic counterparts that have essentially the same chemical, physical, and optical properties, but are grown by man in a laboratory.
Learn MoreImitations
Any gem can be imitated—sometimes by manmade materials or by natural materials chosen by man to impersonate a particular gem.
Learn MoreWhy We Love This Gemstone
Rarest of the rare
Fancy color diamonds are the rarest of the rare. Each is one of a kind.
Red
Red diamonds are so rare that only a handful are known to exist.
Boron
Less than one boron atom per million of carbon atoms can give a diamond a blue color.
Quality Factors
Strength and purity of color influence a fancy color diamond’s value.
Color
The most valuable hues are pink, blue, and green. Slight color differences can impact value.
Clarity
Even diamonds with a low clarity grade are prized by connoisseurs if their color is attractive.
Cut
Fancy shapes like radiant cuts are commonly used to maximize the intensity of the color.
Carat Weight
In pink, blue, green and orange, even fancy color diamonds below a carat are rare and valuable.
Fancy Color Diamond Quality Factors: The Comprehensive Guide
Research
Explore sources, gemological research, and the role of gems in history.
Where Do Blue Diamonds Come From?
Blue Diamonds Have a Surprising “Superdeep” Origin and a Link to Ancient Oceans
Evan M. Smith , Aug 1, 2018 Read ArticleNatural-Color Pink, Purple, Red, and Brown Diamonds: Band of Many Colors
Sally Eaton-Magaña, Troy Ardon, Karen V. Smit, Christopher M. Breeding, and James E. Shigley , Feb 1, 2019 Read ArticleNatural-Color Blue, Gray, and Violet Diamonds: Allure of the Deep
Sally Eaton-Magaña, Christopher M. Breeding, and James E. Shigley , Aug 6, 2018 Read ArticleRecommended Reading
Collecting and Classifying Coloured Diamonds: an Illustrated Study of the Aurora Collection
Stephen C. Hofer
The Fancy Color Diamond Book: Facts & Secrets of Trading in Rarities
Eden Rachminov
Forever Brilliant: the Aurora Collection of Colored Diamonds
Alan Bronstein and Stephen C. Hofer