Not all diamonds are colorless some of them are found in extremely colorful shades such as pink, orange, blue and purple. The rare colored diamonds can be more expensive than colorless ones. However, some colored diamonds can be sold at a lesser price and these are the ones referred to as fancy color diamond since colored diamonds also depends on the 4cs. Wholesale diamond dealer also offers colored diamonds that can be a good choice when you are planning to buy one.
What Are Fancy Color Diamonds?
Fancy color diamonds are those that are classified beyond the Z range of the diamond color grade. They may come in a shade of red, blue, green, or pink. For colorless diamonds as the grades decrease the value decreases too. However, in the case of fancy color diamonds, they have a different way of giving their values, the more distinct the color the more value for the diamond.
Are Fancy Diamond Colors More Expensive?
Fancy color diamonds are also priced depending on the grades they have. There are several factors to consider when pricing fancy colored diamonds. You have to be familiar with them before getting one so you can understand their price differences.
Factors that Affect Pricing of Fancy Color Diamond
Color
The color of the fancy diamonds, they have three parameters that categorized them. First is the hue, which is referred to as the actual color of the diamond. Medium to dark tones color diamonds such as red, orange, purple, and green are the most expensive ones. While fancy diamonds with common colors such as brown and yellow are less expensive. The next factor is the tone which determines the lightness or darkness of the diamond color. The third category is saturation, this measures how faint of fancy vivid the color of the diamonds are. They use a nine-point scale to determine the color grading of the diamond using these three categories.
Cut
An excellent cut fancy color diamond can enhance its color since it can absorb more light to be able to reflect its true colors. Radiant cut and cushion cut can be ideal for fancy color diamonds since they can give the color a more vivid look.
Carats
The carat weight of fancy color diamonds can affect its price, the bigger the carat the higher the price. So considering the price before the purchase is a must to prepare you for your budget.
Clarity
The diamond inclusions are not very visible for fancy color diamonds, so this will not be a big issue. Fancy color diamonds with vivid colors can hide all the imperfections of the diamonds, therefore clarity grades are not an issue for fancy color diamonds.
Market
The demand in the market for fancy color diamonds affects its pricing. For instance, black diamonds are cheaper way back years ago, however, as the demand increases the prices go up.
Which Diamond is Best For Investment?
Rare colored diamonds can be a perfect investment since their prices don’t depreciate. Rare color diamonds are not available in the market instead they can be found in auction events and you have to have enough sources to be able to be qualified for the auction.
Are Fancy Colored Diamonds a Good Investment?
Yes, indeed they are as long as they are one of a kind and not the common ones. In order to invest well follow guidelines and tips to make sure you are picking the right color of the diamond to invest in.
Tips on Investing in the Right Fancy Color Diamond
Be Familiar with Fancy Color Diamonds
Educating yourself about an item to buy can help you determine which of them are trending and which of them are in high demand. This can help you find the right diamond and also get familiar with how they are graded so you can fully understand how they are valued.
Set A Budget
Make sure to be ready with a budget for your purchase, to have an idea of the rocking of the fancy color diamonds you can check them online or directly as your jeweler to have a more accurate price list.
Start your investment by choosing the details of the fancy color diamond you would want to possess since this can make your shopping easier.
