Rich in history, mystique and romance, fancy colored diamonds are the rarest of diamonds. For every colored diamond, there are 10,000 colorless diamonds. Colored diamonds command prices 20 to 25 times more than white diamonds. Popularity of these rare gems has been increasing for the last 3 years as more celebrities are seen wearing colored diamonds.
The rarest of the colored diamonds are red, intense purple and intense green. Fewer than 10 of each color are found every year. These three colors command the highest prices of all diamonds selling for US$1 million and higher for the larger, more perfect gems.
Once reserved for heads of state, aristocracy and the ultra wealthy, fancy diamonds are now available to anyone who has the means and desire to enjoy the rare and unique beauty of these precious jewels.
Diamonds are formed deep within the earth at a depth of 87 to 120 miles below the surface. Millions of years ago, temperatures reaching up to 1300 degrees centigrade combined with high pressures to form diamonds. Then a relatively small number of volcanoes (whose magma reached three times deeper than most volcanic magma sources), carried the diamonds up to the surface during volcanic eruptions.
The first colored diamonds documented were mined on ancient Indian rivers as long as 6,000 years ago. Today, mines are located in several areas of the world. The largest diamond mining company is De Beers, followed by BHP Billiton, the Rio Tinto Group and Petra Diamonds. The Argyle Mine in Australia mines over 90% of the world's pink diamonds as well as other colors. This mine is due to close in 2018. This will no doubt contribute to higher prices for the Argyle diamonds.
You can still find bargains on colored diamonds if do your homework. Celebrities are driving up the prices for certain colors. Other colors can be found at relatively affordable prices. The prices are influenced by color, rarity, and popularity.
If you want the most important person in your life to feel truly unique, imagine her wearing one of the rarest of all diamonds. - 33380
The rarest of the colored diamonds are red, intense purple and intense green. Fewer than 10 of each color are found every year. These three colors command the highest prices of all diamonds selling for US$1 million and higher for the larger, more perfect gems.
Once reserved for heads of state, aristocracy and the ultra wealthy, fancy diamonds are now available to anyone who has the means and desire to enjoy the rare and unique beauty of these precious jewels.
Diamonds are formed deep within the earth at a depth of 87 to 120 miles below the surface. Millions of years ago, temperatures reaching up to 1300 degrees centigrade combined with high pressures to form diamonds. Then a relatively small number of volcanoes (whose magma reached three times deeper than most volcanic magma sources), carried the diamonds up to the surface during volcanic eruptions.
The first colored diamonds documented were mined on ancient Indian rivers as long as 6,000 years ago. Today, mines are located in several areas of the world. The largest diamond mining company is De Beers, followed by BHP Billiton, the Rio Tinto Group and Petra Diamonds. The Argyle Mine in Australia mines over 90% of the world's pink diamonds as well as other colors. This mine is due to close in 2018. This will no doubt contribute to higher prices for the Argyle diamonds.
You can still find bargains on colored diamonds if do your homework. Celebrities are driving up the prices for certain colors. Other colors can be found at relatively affordable prices. The prices are influenced by color, rarity, and popularity.
If you want the most important person in your life to feel truly unique, imagine her wearing one of the rarest of all diamonds. - 33380
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