The fancy colored diamonds are the rarest in the world. Statistics show that they are less than 0.1% of the total diamonds mined worldwide. Very few mines produce these colored diamonds. In fact, there are some colors that are so rare such that they are sold even before they get to the processing company.
The Yellow Diamonds are the most common colored diamonds so they are less costly than others. The demand for yellow diamonds is very high and only the Pink Diamonds can match their demand. The demand for a certain color rises drastically if influential individuals obtain the diamond. This was seen when Jennifer Lopez was proposed to with a pink diamond ring and Paris Hilton was proposed to by a yellow diamond ring.
The rarest diamonds are sold in auction houses for tens of thousands of dollars and this can even go up to millions. Diamond enthusiasts don’t hesitate to part with their money for such precious stones.
Here are the rarest diamonds in the world.
1. Red Diamonds
These are the rarest diamonds in the world. Basically, pure red diamonds do not exist or rather have not been found so far. The available ones are fancy purplish-red or brownish-red. The red color in combination with other high-quality 3Cs makes them priceless. The two famous red diamonds ever sold are the Moussaieff Red and the Hancock Red Diamond. These diamonds are among the most famous diamonds ever mined. The current value could be extraordinarily high.
2. Blue Diamonds
Blue is the second rarest fancy color. The second position has always been a battle between blue and pink, but the pink seems to be a bit more common than the blue. The most famous Blue Diamonds are the Hope Diamond and the Wittelsbach Graff.
3. Pink Diamonds
Pink diamonds have a very high demand which can only be compared to Yellow Fancy Diamonds. This color is highly preferred by women due to their vibrant beauty and passionate look. They are also very good for investment. The popular Pink Diamonds are the Graff Pink, Steinmetz Pink, and the Perfect Pink.
4. Orange Diamonds
Orange Diamonds are among the most beautiful fancy colored diamonds in the world. Diamond collectors and enthusiasts totally understand the nature of these diamonds and they won’t hesitate to buy one. (See also: Saffron Diamonds) They have a low demand on the market but the specialists know their worth. The Pumpkin Orange Diamond is a famous one in this category.
5. Green Diamonds
Green is also a rare fancy diamond. It can be difficult to tell if artificial enhancements have been used to improve the intensity of the color. This is quite different from other colors which are very difficult to enhance. The popular diamonds here are the Ocean Dream and the Dresden Green Diamond.