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Diamond Engagement Ring Colors - Which Are the Most Popular, Most Expensive and Rarest?

May 12, 2008
Diamonds are a type of jewel which many have or hope to own one day. The beauty and uniqueness of these gems are just two of the many reasons why individuals, both male and female, love these sparkling stones. Although choosing a favorite stone of this type is a personal preference for the purchasers, there are certain categories of these gems that relate to the color of the stone which people are interested in knowing about. Some of these categories include most popular, most expensive and rarest type of diamond colors and these will be discussed in order to provide jewel buyers with the information necessary to get exactly what they desire in this wonderful stone.

Most Popular Types of Diamonds Colors

Diamonds come in a wide range of colors. In the present context, this does not necessarily refer to the color grading of the diamond but the actual colors of the finished stone which is sold to consumers. By far, the most popular color of this beautiful gemstone would be white or colorless. For those stones which are other colors besides white, these unique gems are referred to as fancy diamonds. The fancy version can come in a variety of colors such as pink, yellow, blue, green and purple. With regard to this category of stone, jewelry purchasers tend to favor the pinks and yellows the most although the other colors are extremely attractive to fancy stone purchasers as well.

Most Expensive Colors

Fancy colored stones of this type are ones which may cost a bit more than their colorless counterparts for a number of reasons. Some factors which may affect the pricing include uniqueness and availability when it comes to obtaining these gems. Although the price ranges will vary depending on the stone color and where it is obtained, in general the most expensive colors which one can buy include the pinks. Within each color category there are subcategories which are ranged according to their color variety such as light, regular, intense and vivid. The lighter colored stones tend to be the less expensive ones when compared to the vivid variety.

Rarest Diamond Colors

Fancy colored diamonds are also more difficult to obtain when compared with colorless or white gems. This tends to make them more highly sought after as individuals are much more eager to get their hands on say a pink gem as opposed to a regular colorless diamond. When it comes down to what the rarest of all diamond colors may be, it can arguably be stated that the vivid version of the pink gem is one which is most difficult, and most expensive, to obtain. Although there are a few red diamonds in existence and would actually have the highest price per carat. However, they are just not available in today's market.

How to Select a Diamond Color

When one determines that a colorless stone simply will not do and they want to buy a fancy colored one, there are a few tips to keep in mind when shopping for this type of jewel. First, have a price range in mind as this will point consumers in one direction or another with regard to gem color and variety. Secondly, it is wise to read up a bit on fancy colored stones so that one is armed with the necessary information to make a good selection. Lastly, keep your options open when it comes to fancy colors as one may be unable to get one specific type of stone yet there are many others up for sale which may be acceptable if not better than the original choice.
About the Author
James Greene is a Graduate Gemologist and Master Gemologist Appraiser. James has been in the jewelry and appraisal business for over 25 years and specializes in Insurance and estate appraisals. http://www.diamondmarketwatch.com
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