Fancy color diamonds shopping guide

Fancy Color Diamonds: An amazing creation of nature!

Fancy color diamonds are a unique creation of nature for anyone who appreciates beauty. Rarity of fancy color diamonds makes them a very in demand and very expensive than white diamonds. It is an interesting fact  that for every 10, 000 diamonds found in nature; there is only one diamond, which is natural fancy in color.
FCD is formed in a range of colors from Brown with Orange and Pink. Actually, the color ray of  FCD is so wide that every diamond has its own unique looks. Red color is the rarest of all colors. More very rare colors are Purple, Pink, Blue Green.

How Fancy color diamonds Get Their Color?

Fancy color diamonds are a more popular diamond choice of many diamond shoppers due to their rarity and unique looks. The colors creation is caused by differences in chemical structure or the existence of different atoms in the crystal structure. Due to the conditions needed for the creation of color diamonds occurs rarely, color diamonds are rarer than white diamonds.
One or few atoms become united with the carbon pattern during the crystallization and creating color in the diamond. Blue diamonds are mostly formed by the introduction of  boron in the carbon structure. Yellow, brown and orange are mostly created due to the presence of nitrogen in the atomic structure.
Natural imperfections or flaws in the carbon structure of some stones give various colors to them. Red or pink diamonds are typically caused by the stress on the diamond’s atomic structure, usually when the diamonds were moving upwards to the earth’s surface.
Introduction to radiation throughout the formation of the diamond is responsible for the creation of colors in the diamond. Green diamonds are created after exposing to radiations. Due to  the radiation, the green color form mostly on the surface of the diamond, and not going into the interiors of the stone.

Colored Diamonds: Very Expensive and rare gem

Fancy colored diamonds are an exotic creations and a creation from the Earth. Natural colored diamonds appear in almost every color of the rainbow. There are Red, Yellow, Orange, Purple, Pink, Blue, Brown and green diamonds.

Few of the most popular and the rarest colored diamonds are here:
• Red Diamonds: There are extremely few diamonds that are rated as Fancy Red. The majority of red diamonds have the secondary hues of purple, lilac and brown. The triangularly wonderfully cut, Moussaieff Red, is the largest red diamond on this planet. The rarity of red diamond jewelry made them highly sought-after amongst many prosperous individuals.

• Yellow-colored and green Diamonds: The ‘Yellow Tiffany Diamond’ as well as the pear-shaped ‘Dresden Green Diamond’ include the biggest acknowledged diamonds for their shades. ‘Incomparable’ is also a well-known yellow precious diamond. It’s a shield-shaped cut internally exquisite along with golden yellow hue.

• Purple Diamonds: Purple Diamonds are amongst the rarest of the naturally occurring colored diamonds. The largest fancy purple colored diamond that was mined in Russia is the ‘Royal Purple Heart’ diamond that weighs 7.34 carats.
• Blue Diamonds: ‘The Hope Diamond’ is one of most famous as well as the most controversial diamond. It has an exclusive dark blue color weighing in at 45.52 carats. Popular as an allegedly cursed diamond, The Hope Diamond was contributed to the Smithsonian Institute by its last owner, Harry Winston.
• Orange Diamonds: An Orange colored ‘Pumpkin Diamond’ was purchased by Ronald Winston the day before Halloween. It was so named mostly because of its color and date of purchase.
• Pink Diamonds: The Pink diamond is greatly in demand mostly because of its color and rarity in nature. The ‘Darya-ye-Noor’ Diamond is the well-known Pink Diamond, which is a part of the Iranian Crown Jewels. Another famous pink diamond is the largest ‘Natural Pink Diamond’ of 182 carats. The most expensive pink diamond that was ever sold at auction for $46 million is the ‘Graff Pink Diamond.’
• Brown Diamonds: Brown diamonds are popularly known as Cognac, Chocolate, and Champagne. The ‘Golden Pelican’ is the most popular natural brown diamond weighing approximately 69.93 carat. This diamond derives its name from the famous street, called the Pelikaanstratt, of Belgium where the stone was cut.

The Difference between Natural and Treated or Synthetic Diamonds

As opposed to natural colored diamonds that are formed deep inside the earth’s crust, the synthetic or simulated diamonds are manufactured inside the lab. Only qualified gemologists can differentiate between natural and synthetic colored diamonds since they look alike.
Artificial or synthetic colored diamonds are produced by replicating the natural phenomenon of diamond formation in the lab by using a High Temperature High Pressure (HTHP) method. Synthetic diamonds are made from pure carbon atoms similarly as naturally colored diamonds. There are also artificially colored diamonds which are produced through an electronic accelerator which brings colors to polished white diamonds increasing their value and upgrading price.

Fancy Colored Diamonds: One of the Best Investments Today!

Fancy colored diamonds are as elegant and stunning as they are rare. More and more people are buying fancy colored diamonds for their own personal reasons. Why colored diamonds are one of the best investments today?
• Portable Treasure: Diamonds can be easily carried from one place to another because of their small size. You can transport colored diamonds, worth millions of dollars, in just a small bag. The portability of diamonds has made them popular among buyers who want to save wealth for emergency circumstances.
• Diamonds Are Forever: Diamonds are one of the hardest known substances found in the nature. They are least affected by changing weather conditions like humidity, high or low temperatures and shocks. Since diamonds do not age, a hundred year old colored diamond would look as beautiful as it was when it was sold.
• Long Term Investment: Fancy colored diamonds are highly demanded in the market. More and more professional investors are buying fancy colored diamonds. According to the diamonds experts, the cost for these beautiful gems would keep increasing for years to come; therefore purchasing fancy colored diamonds is one of the wisest investments to be made at this time.
• A Confidential Asset: Registration of fancy colored diamonds is not needed in many countries. As compared to mutual funds, stocks, bonds and real estate, there is complete confidentiality in owning fancy colored diamonds.
• Glittering Gift to the Next Generation: Fancy colored diamonds are often passed from one generation to another. Diamonds last forever; therefore, they can become a splendid addition to one’s family heirloom.
Fancy Color Diamonds are one of the most concentrated forms of treasure in the world. Planning to invest in timeless assets like fancy colored diamonds is one of the wisest things you would be doing for your future and continuing generations.

2. Fancy Color Diamonds Buying Guide – In Depth Examination

What’s Your Budget?

It is highly essential to establish your budget before purchasing a fancy color diamond. This will help you buy a diamond within your price range. You can set your budget according to your earnings; type of diamond you desire to buy; and the amount you are comfortable spending in your purchase. Once you have decided, choices will be easier and the process will be simpler going forward.
If you don’t have enough funds to afford expensive colored diamonds, don’t fret. The best part of purchasing fancy colored diamonds is that they are available in a wide range of cost and colors. Choices range from high end investments to affordable luxury well-within the budget of an average consumer.

Here are some tips to help you buy exquisite and unique fancy color diamonds within your price range:
Fancy colored diamonds are strikingly attractive, very rare and of course expensive. However, it would not be a romantic idea to buy a diamond, which is beyond your expenses. Always purchase diamonds that affordable. You will be able to pick the best colored diamond for your loved ones in a reasonable range. In the end, it is your feelings and thoughts that are important; and not the price that you have paid for in purchasing a colored diamond.
• The worth of fancy colored diamonds is largely determined by its weight and color. Fancy colored diamonds that are of lower color grades are usually much cheaper than diamonds that are of higher color grades. Even the lower colored grades of diamonds look very stunning when mounted on platinum or gold.
• The cost of fancy diamonds also depends on inclusions they have. If you have limited cash, you can very well choose a lower clarity grade. It is not that only flawless diamonds are fine-looking and valuable. In a brilliantly cut diamond, even the lowest clarity grade diamond looks amazingly stunning. Perhaps the gem may not be very rare, but it would be magnificent because there won’t be much visible difference.

By following these simple tips, you will be able to save money without having to sacrifice on the magnificence and elegance of a diamond. There are no two diamonds in the world that are alike, so be assured that your purchase is exclusive and special, regardless of your budget.
Your love for your sweetheart cannot be measured by the amount of money you have spent on her. Therefore, be wise before you buy a fancy color diamond. Don’t be too miserly in your choices yet don’t allow yourself to go bankrupt.

How to Select a Fancy Color Diamond-The 4 C’s

Color, Cut, Clarity, Carat

If you have decided to buy a fancy color diamond, it is important to know as much as possible about the classification of diamonds since the value and the cost of a diamond is determined by the 4 C’s. The 4 C’s are Color, Cut, Clarity, and Carat.

The First C: Color Grading of Diamonds

The vast majority of colorless diamonds fall in the category of D to Z color range, which was founded in the 1950s by GIA’s Richard T. Liddicoat. The scale of color grading starts from ‘D’, which represents the truly colorless, pure white and high-quality diamonds; while ‘Z’ graded diamonds are not purely white, but have a hue of mostly yellow or brown colors. These diamonds with a hint color are much less expensive than the whiter diamonds.
Beyond the scale of ‘Z’, diamonds are classified as Fancy Color Diamonds that are graded according a different set of factors for color.

Fancy Colored Diamonds Grading

Fancy colored diamonds are graded by positioning the gem in a lighted environment which imitates daylight. Colored diamond graders examine the diamond with its face down instead of facing it up, so that the body color of the diamond can be easily assessed. The colored diamond is compared to a set of Master stones to verify the final color.
Unlike colorless diamonds, fancy colored diamonds are evaluated more for their color intensity and not for their fire and brilliance. Generally, colored diamonds that are diverse and intense are rated higher than pale and light shades. Thus, the value of fancy colored diamonds is mostly determined by: The Color and The Intensity.

The Three Characteristics of Evaluating a Colored Diamond
The GIA (Gemological Institute of America) defines color diamonds in terms of Hue, Tone, and Saturation. The color system developed by the GIA for grading colored diamonds is used all over the world:

• Hue refers to the characteristic color of diamonds like Blue, Yellow, Pink, and Red. There are total 27 hues. It is worth noting the sometimes diamonds contain secondary hues or modifying colors along with the main color of the diamond.
What is Secondary Hue?
Most colored diamonds contain different combinations of various colors that are known as Over-tones or ‘Secondary Hue’. It is also essential to evaluate the secondary or modifying colors of the fancy colored diamonds since they influence the overall color of the diamonds. For instance, a yellow colored diamond with a secondary hue of brown color is termed “Fancy Brownish Yellow.”
• Tone refers to the relative lightness and darkness of colored diamonds. There are seven factors that help describes the tone of a colored diamond: Very Light; Light; Medium Light; Medium; Medium Dark; Dark; Very Dark
• Saturation refers to the deepness and strength of the colored diamonds. There are six categories to grade saturation of fancy color diamonds: Fancy Light, Fancy, Fancy Intense, Fancy Dark, Fancy Deep, Fancy Vivid
***Color grading is finally determined by combination of both tone and saturation by nine grades: Faint, Very Light, Light, Fancy Light, Fancy, Fancy Dark, Fancy Intense, Fancy Deep, Fancy Vivid.

• Color Distribution: Color distribution is another feature to consider when assessing color grading of fancy color diamonds. Color distribution is basically the distribution of color across the diamond. The color distribution of fancy color diamonds range from Uneven to Even.

From left to right: Y-Z color, Fancy light yellow, Fancy yellow, Fancy intense yellow and Fancy vivid yellow.

From left to right: Very light green, Fancy green, Fancy intense green, Fancy vivid green and Fancy deep green.

From left to right: Fancy light pink, Fancy pink, Fancy intense pink, Fancy vivid pink and Fancy deep pink.

To find out more about color grading visit our Fancy color diamonds color grading tutorial. You can also:

The Second C: Diamond Clarity

Diamonds are made of carbon atoms. They are formed deep inside the earth’s crust under tremendous heat and pressure. This process can cause the formation of internal flaws called ‘inclusions’, and external characteristics called, ‘blemishes.’
The clarity of a diamond is defined as the lack of blemishes and inclusions in a diamond. The factors that are involved in assessing the clarity of diamonds include the size, number, nature, relief and location of the external and internal characteristics. Although no diamonds are perfectly clear, those that are closer to perfect in terms of clarity are considered very valuable.
The Clarity Chart

Clarity of a diamond is divided into six main categories, some of which are further distributed to make a total of 11 clarity grades:
Flawless (FL): The ultimate diamonds, which are purely flawless with no blemishes and inclusions even under 10x magnifications; Truly, rare diamonds.
Internally Flawless (IF): Diamonds with no visible internal characteristics under 10x magnification, but there may be a few blemishes on the surface.
Very, Very Slightly Included (VVS1 and VVS2): Very very slight internal characteristics or inclusions in diamonds that are not easily detected even by a skilled diamond grader under 10x magnification.
Very Slightly Included (VS1 and VS2): Very slight inclusions in diamonds that can be detected by a diamond grader under 10x magnification.
Slightly Included (SI1 and SI2): Internal characteristics, or inclusions in diamonds that are noticeable under 10x magnification.
Included (I1, I2, and I3): Inclusions are clear under 10x magnifications, which may affect the brilliance of diamonds.
Clarity in regards to Fancy Colored Diamonds

Clarity is one of the important characteristics to take into account when purchasing colorless diamonds. However, this may not be true for fancy colored diamonds since the value and beauty of colored diamonds is mostly evaluated by their Color and their Color Intensity. Most of the inclusions of the colored diamonds are concealed by the saturation of the color.
Most internal and external characteristics are not noticed by the naked eye, but only through a skilled diamond grader using a microscope or jeweler’s loop. VS1 – SI2 may look the same to the customer as “Eye Clean” or having no blemishes or inclusions that are noticeable with the naked eye. Yet these diamonds will vary in terms of quality and value. The average clarity of fancy colored diamonds is SI-I.

What types of inclusions are generally seen in most colored diamonds?
Similar to white diamonds, inclusions are often seen as crystals in fancy colored diamonds. They display much the same color as the colored diamonds. These inclusions can create more brilliance in the diamond as they usually blend with the rest of the color and are quite unnoticeable to the untrained eye. It is better purchasing diamonds where the color of the flaw is not easily noticeable.

The Third C: Diamond Cut

Nature produces gems of brilliant quality, but the final look of a diamond is determined exclusively through the CUT. A skilled diamond cutter knows how to unleash the beauty of a stone without losing too much of the rough stone during the cutting procedure.
Technically, a diamond cut refers to the proportion, polish and symmetry of a diamond. The cut of a fancy color diamond is very important. The diamond cutter primarily focuses on the ‘Color’ of the gemstone. The main aim in cutting a fancy color diamond is to highlight as much color as possible from the stone. Fancy colored diamond cutters modify the shape of a stone to maximize its color concentration. Radiant, Oval, Cushion and Pear shapes contribute to greatest degree of color in a stone.
Although it is very difficult to evaluate the different characteristic of a diamond’s cut, it can be explained on the basis of its three major attributes: Brilliance, Fire, and Scintillation. A beautifully cut diamond will possess these splendid qualities.

• Brilliance refers to the total light reflections (internal and external) radiating from andin a diamond.
• Fire refers to the scattering of light into various colors.
• Scintillation refers to the amount of light produced by a diamond when it is moved.

Cutting of Fancy color diamonds

For many years now, the proportional cuts of a diamond are measured according to a cut scale produced by the GIA (Gemological Institute of America).
The five different cut scales are: Excellent; Very Good; Good; Fair; and Poor.
It is quite easy to recognize the difference between a poorly cut diamond and an excellent cut diamond. A poorly cut diamond may not sparkle as brilliantly as an excellent cut diamond. While a white diamond’s cut generally has more facets, the cut of a Fancy Colored Diamond will be strategically cut with less to concentrate and emphasize the color and not the sparkle.

The Fourth C: Carat weight

A Carat is the measuring unit for diamonds and other gemstones. One carat is equal to 0.2 grams or 200 milligrams. A carat is made up of 100 points. Therefore, the weight of a 50 points diamond is 0.50 carats. Most of the diamonds that are used in jewelry normally weigh one or less than one carat.
* Size and weight are often considered as similar terms when buying diamonds. Size is described as the actual size of the colored diamond as measured in millimeters (Length*Width* Height). There are many diamonds that are shaped the same and carry the same weight but different in size (measurements).
** The cost of colored diamonds is directly proportional to the weight. The heavier and larger the diamond, for the most part indicates, the greater the cost. If one is looking to purchase a colored diamond, keep in mind that two colored diamonds of equal carats and the same color (hue) can have wide variations in their value depending on the other three C’s, i.e., the Color intensity, Cut, and Clarity.
*** Remember, even a small sized colored diamond appears to look larger when shaped and mounted properly.

How is a Fancy Colored Diamond Value set?

The value of a fancy color diamond is set by three major attributes (besides cut and clarity). These factors are determined by the rarity of the color, the intensity of the color and the size of the fancy colored diamond. Clarity and Cut also factor in the value of a Fancy Colored Diamond, but less than:
• The Rarity: The fancy colored diamond which are rarer than others are more valuable and costly.
• The Intensity: Although some colors are rare, yet the color intensity of the diamond also highly affects the cost of the diamond.
• The Weight/Size: Along with rarity and intensity of the color, the weight of the diamonds significantly escalates or reduces the value of the diamond.

What Is More Important When Buying Fancy Colored Diamonds: The Color, the Cut, the Clarity or the Carat?
The choice of diamonds usually depends on the personal preference of individuals including their traditional and personal backgrounds, as well as community-oriented concerns. Some shoppers prefer traditional diamonds and they readily overlook the color for the sake of the supposed “purity” of colorless diamond. On the other hand, other investors and individuals levy great significance to the color of a diamond, while overlooking the size and the clarity of the diamond.
While many make a purchase based on the diamond’s clarity with the naked eye, color is the most important feature when buying a fancy colored diamond. They really do not care if any blemishes or inclusions are visible under the microscope. Also, most inclusions that are present on the girdle are usually concealed with most of the settings. Cut is also preferred by many since a diamond with a good cut, sparkles more or shows more color in case of fancy color diamond.
In short, the diamond with a beautiful color, and a good cut, but with less clarity can be a best choice for many buyers. In the end, it is the personal choice of a buyer that really matters.

Fancy Colored Diamond Shapes

When choosing a colored diamond, it is also important to select an appropriate shape of the diamond. Each shape is exclusive and should therefore be carefully considered before buying diamonds. Usually fancy colored diamonds are available in fancy shapes (not round) to draw out their maximum natural color.
Round shaped diamonds are not typical in fancy colored diamonds, since a round cut aims to produce more brilliance than color. Round shape is most commonly available in colorless diamonds. Likewise, shapes such as Princess and Emerald are very uncommon in fancy colored diamonds since it is difficult to emphasize the color intensity of colored diamonds in these shapes.
Most fancy colored diamonds exist in Radiant, Cushion, Pear and Oval shapes. Cushion and Radiant shape colored diamonds are the more common shapes for colored diamonds since they absorb much light and greatly enhance the color. Oval and Pear shapes are the most preferred shapes in terms of concentrating color visibility and therefore are more expensive in comparison to the other shapes. The facet arrangement of these shapes helps conceal most of the imperfections of the colored diamonds.
***Interesting fact: Very few fancy color diamonds are cut into round shapes since the cut aims to achieve the most brilliance. However those of a small percentage that are cut into round are mostly Vivid, Deep and Dark in terms of color grading. The reason for that is that only these color grades carry enough color so they do not “lose” the color when cut into round brilliants. These types of diamonds are the most expensive due to their rarity and the fact that they both show much brilliance and color visually. ***
* Remember, ‘cut’ and ‘shape’ are related to each other, but refer to completely two different features. A diamond’s cut refers to the reflection of light, finish and dimensions, while a diamond’s shape describes the outward form of a diamond when viewed from the top. These two terms should not be confused with each other.

Are you still confused? Read this.
Any colored diamond that appears ‘beautiful to the eyes’ and ‘close to the heart’ can be a great purchase for the buyer.

Fifth C: Diamond Certificate

A diamond certificate, also known as a ‘diamond quality document’ or ‘diamond grading report,’ contains a complete evaluation of a gemstone collected by a team of reputed gemologists with the help of gemological instruments.
This certificate contains all the information regarding the individual characteristics of the gemstone. It includes the precise measurement, cut, clarity, color, carat, finish, quality, and even the defects of the stone. Diamond certificates also act as primary evidence of the diamond’s value and authenticity.
There are various diamond labs that provide certificates to diamonds, but the most known and established fancy color diamonds gemological lab in the world is the GIA (Gemological Institute of America).

3. Fancy color diamond shopping guide – Concluding Tips

Why choose a certified diamond?
You should always buy a certified diamond. A certified diamond guarantees the security that the diamondyou are buying is real. The lab report is also needed for insurance due to the fact it contains an  evaluation of the gem. Before buying a diamond, examine its certificate since it is an assurance of the value and authentication of the diamond.