Why are red diamonds worth so much money?

When it comes to colored diamonds, the biggest determining factor of their value is their rarity. Red is the rarest diamond color in the world. It’s so rare in fact, that it is thought that only 30 true gem quality red diamonds are known to exist.

Why are red diamonds so rare?

What makes a diamond red in colour? Unlike other fancy colour diamonds that derive their colour from impurities such a nitrogen and borono, red diamonds are made purely from carbon, just like colourless diamonds. The red colour of the diamond is created by a rare occurrence in its atomic structure.

Are Red Diamonds valuable?

Given their rarity, red diamonds are among the most expensive gemstones on average. Red diamonds can cost at least US$1 million per carat, and most of the known specimens are less than half a carat.

How many red diamonds have been found?

There are only about twenty to thirty known true red diamonds (red diamonds with no secondary color) in the world today. That is one of the main reasons that red diamonds are able to command such high prices per carat.

THIS IS INTERESTING:  What is the difference between Amethyst and Sapphire?

How much is a 1 carat vivid red diamond?

Red Diamond Prices

Pure red diamonds often cost in excess of $1 million per carat. This makes red diamonds the most expensive type of colored diamond. As an example, this 0.71 Carat Fancy Red Diamond Radiant shape with a clarity grade of SI2 is priced at $603,600!

What is the rarest red diamond?

The largest red diamond in the world, the 5.11 carat Moussaieff Red, was discovered in Brazil in the 1990s and is currently owned by jeweler Moussaieff. Significant red diamonds rarely appear at auctions. In 2013, a 1.92-carat Fancy Red rectangular-cut diamond, sold for CHF3.

How can you tell if a red diamond is real?

To tell if your diamond is real, place the stone in front of your mouth and, like a mirror, fog it up with your breath. If the stone stays fogged for a few seconds, then it’s probably a fake. A real diamond won’t fog up easily since the condensation doesn’t stick to the surface.

What is the rarest diamond?

Quick answer: The rarest diamond color is the red diamond. They are so rare that less than 30 true red diamonds are known to exist. They can cost $1 million per carat and most of the red diamonds in existence are less than ½ a carat in size.

What is the rarest gem?

Painite was first discovered by British gemologist Arthur Charles Davy Pain in 1951 and recognized as a new mineral in 1957. For many years only one specimen of the dark red crystal was in existence, housed at the British Museum in London, making it the world’s rarest gemstone.

THIS IS INTERESTING:  Is glass gem corn grown in India?

Who owns a red diamond?

The rough stone weighed 13.9 carats (2.78 g). The diamond was purchased and cut by the William Goldberg Diamond Corp., where it went by its original name, the Red Shield.

Moussaieff Red Diamond.

Weight 5.11 carats (1.022 g)
Discovered 1989
Cut by William Goldberg Diamond Corp.
Original owner Ricardo E. P. Filho
Owner Moussaieff Jewellers Ltd.

Are Rubies Red Diamonds?

The most obvious difference between ruby and diamond is color. Although most diamonds are white, or colorless, they can also be yellow, pink, champagne-colored or, in some cases, even red. Rubies are exclusively red.

What is the largest red diamond ever found?

At 5.11 carats, the Moussaieff Red is the largest red diamond known. The rough used to cut the Moussaieff Red was found by a farmer in an alluvial deposit in western Minas Gerais, Brazil. The rough weighed 13.9 carats and was acquired by the William Goldberg Diamond Company in the mid-1990s.

How much is a 1 carat blue diamond worth?

Blue Diamond Price

Carat Weight Blue Diamond Price per Carat
0.33 ct From $1,950 to $3,150
0.50 ct From $3,700 to $6,050
0.75 ct From $5,050 to $8,300
1.000 ct From $6,800 to $11,200

Who owns the most expensive diamond?

Most Expensive Diamonds Comparison (data for 2021):

Diamond Carat weight Owner
The Winston Blue Diamond 13.22 carats Harry Winston, Inc.
The Wittelsbach Diamond 31.06 carats Hamad bin Khalifa Al Thani
The Perfect Pink Diamond 14.23 carats Unknown
The Heart of Eternity 27.64 carats De Beers Sa
THIS IS INTERESTING:  What do you call a jewelry box?

Where are the rarest diamonds found?

Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world’s red diamonds come from the Argyle Diamond Mine in Australia.

What do Red Diamonds mean?

The colour red and pink: A red diamond is the rarest diamond colours of its range, with only 30 diamonds known to exist in the world. Similar to red diamonds, fancy pink diamonds are almost as rare and valuable. The remarkable diamonds both symbolise strength, passion, confidence and power.

Shine precious stones