Diamonds can come in a variety of rare colors other than colorless and white diamonds. Pink, blue, red, yellow and black diamonds are highly sought-after rare-colored diamonds.
Many choose a beautiful rare colored diamond as part of customizing their favorite jewelry to make it unique and exquisite. For example, a 1 carat blue diamond ring would have a beautiful, rare blue diamond as a stand-alone or center stone, which gives the ring a unique appearance and value.
The rare colors in diamonds are caused by the presence of elements other than carbon. For example, the presence of nitrogen gives a yellow tint to the natural diamonds while boron gives a beautiful blue color to diamonds. The higher the content of such elements, the deeper the hue of the diamonds.
The Expensive Blue Diamonds
As a rule of thumb, colorless diamonds with the best 4Cs are the most expensive ones in the market. But rare colored diamonds like pink and blue diamonds also have a niche market among collectors, which makes them quite expensive. Though not as rare as pink diamonds, blue diamonds are also quite sought after and expensive in this category. The value of blue diamonds increases with the deepening of the hue.
The expensive nature of blue diamonds makes them rarely available for use in jewelry. Finding two similar blue diamonds for a pair of earrings or studs can be a difficult feat even for a reputed jeweler, owing to the rarity of natural blue-colored diamonds. This makes blue diamonds mostly auctioned as collection pieces or used in high priced, customized jewelry pieces.
The Range Of Blues
The natural blue diamonds have different hues of blue that can vary from faint blue, progressing through fancy light blue and fancy dark blue, with the last color on the spectrum being fancy vivid blue. Based on the color, a 1 carat blue diamond may cost anywhere between $6000 to $10000 or sometimes more, based on the rarity and quality of the blue diamond.
Owing to the aesthetic appeal and rarity of blue color in natural mined diamonds, there have been several attempts to create artificially colored blue diamonds in laboratories. However, getting a color similar to the beautiful blue and greenish-blue hue of natural diamonds has been proven difficult. This keeps the value of natural blue diamonds high and makes them an expensive buy.
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