Diamonds are precious stones that people use for different purposes. The most common diamond uses are jewelry making, storing them for their monetary value, and trading them on the extensive precious minerals market. Nonetheless, there are different diamond types, each coming at different prices and colors. One of the most confusing phenomena is to know which color diamond has the highest price. This is the information you’ll gather from the information below.

Common Diamond Colors

Diamonds are naturally-occurring minerals whose color variations result from the interaction of trace elements and carbon atoms during the diamond formation process. The different color shades you see on varying stones are due to the presence of boron, nitrogen, sulfur, and other chemical elements.

Some of the most common diamond colors include the following;

• Gray
• Black
• Yellow
• Red
• Blue 
• Brown
• Pink
• Orange
• Green 
• Purple
• White

However, you can find other diamonds in the normal color range. You’ll find such stones in either slightly brownish, yellowish, or grayish colors. 

The Most Expensive Diamond Color

White diamonds are the most common among colored diamonds. Nevertheless, these stones may be popular, but that doesn’t mean they’re the most expensive. Red diamonds take the prize for the most costly colored diamonds. Red diamonds are rare, the main factor contributing to their high price. 

Moreover, these stones get their color from a different source than their cousins. Some reports show that the red shade may result from alterations in the diamond’s molecular structure and not impurities during the stone’s formation, which is not the case with the other colored diamonds. However, scientists and precious stones experts are yet to prove this fact.

What’s Red Diamond’s Cost?

Diamonds are sold in carats. You can expect to pay between $300,000 and $2,000,000 for a single red diamond carat.

Conclusion

Choosing the best diamond color can be overwhelming. Fortunately, you can get help to make the right choice. The professionals and experts at Victoria Marie Jewelers understand which diamond shade is the best. Please consider contacting us today.