The Top 3 Rarest and Most Valuable Types of Diamonds
If you’re looking for a solid investment opportunity, it doesn’t get much better than diamonds. Standard colorless diamonds are always highly coveted and quite valuable as a result, but when it comes to buying diamonds as an investment and not just for their beauty, rare natural fancy-colored diamonds are where the real money is. Rare fancy-colored diamonds are just as beautiful and brilliant as the traditional colorless diamond – if not more stunning – and history has shown that their value skyrockets with each passing year. Below, check out three of the most rare and most valuable types of colored diamonds.
Very few orange diamonds ever hit the open market, but when they do, they are worth big bucks. Because of their rarity, most jewelers have never even seen a pure orange diamond, and neither had most of the country until Halle Berry wore one at the 2002 Academy Awards. The orange “Pumpkin Diamond” that Berry wore weighed in at 5.54 carats and is estimated to be worth around $3 million. If you have the chance to buy an orange diamond, don’t pass it up.
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In auction, pink diamonds can easily command $1 million per carat, and for good reason. These stunning naturally-colored diamonds are usually worth 20 times the price of a normal-colored diamond, and most pink diamonds are mined in Australia. For every 1,000,000 carats of colorless diamonds mined each year, there will only be 1 carat of fancy pink diamonds mined. The supply of pink diamonds is rapidly dwindling, so the time to invest in this gem is now.
You may have seen a red diamond before, but chances are, it was artificially created and colored. True natural red diamonds are the ultimate holy grail for a diamond collector or investor, as there are less than 20 of these gorgeous gems that have ever been graded. Fancy-colored red diamonds can fetch around $1 million per carat. If you have a red diamond, selling it will bring a huge payday, and if you’re looking for one, be prepared to open your wallet pretty wide.
Of course, there are other types of naturally-colored diamonds, like yellow, blue, and green. No matter what type of colored diamond you have or seek, there is denying that it is worth a lot of money. Since 1975, these types of fancy-colored diamonds have increased in value by around 10 to 20 percent each year. When it comes to a sound investment, it doesn’t get much better than that.
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