If you’re lucky enough to find a Red diamond, is about as lucky enough to win the lottery twice over. Red Diamonds of all colored diamonds are the rarest of them all. These unbelievably ultra rare diamonds are the most sought after worldwide, extremely hard to come by. So rare GIA records show that over 30 years from 1957 to 1987 there was no mention of a GIA lab report issued for a diamond with “red” as the only descriptive term.
Most Red diamonds have originated from the Argyle mine in Australia, producing some of the world’s most beautiful Pink and Blue diamonds; however, Red Diamonds can come from mines in Brazil, Russia, and India.
Red Diamonds vs. Color Diamonds
The most common factor among all color fancy color diamonds is that they all possess color, unlike colorless diamonds, which have no color. However, other than this aspect, every color diamond has its characteristics as it owes its unique color to separate causes. Additionally, due to every color category, they have different values. Typically color diamonds can be found in larger sizes, whereas as scarce rare Red diamonds are usually smaller when found. Like many other color diamonds, Fancy Red diamonds come in one pure color or secondary hues, including Purplish, Brownish, and Orangy. While other colors come in several intensity levels, Red diamonds come in one intensity level alone: Fancy Red.
Cause of the Red Color
Trace elements and impurities are known to cause color in color diamonds. However, like to Pink diamonds, red diamonds are somewhat of a geological mystery and still not completely clear to science as to what causes the determining color of pink or red.
A pure red diamond is almost impossible to find, Red diamond with a secondary hue, such as Brownish Red or Purplish Red, are somewhat more attainable. Some diamonds appear pure red but are fancy deep or dark pinks. Only a handful of what are considered red diamonds are pure natural red. Due to the rarity of these stones, their prices are often relatively high. Red diamonds are so rare there is little known about them.
Red Diamond – The rarest one
Red diamonds are the rarest natural diamonds in the world and represent one of the most exclusive asset classes in the hard luxury sector. With the closure of the Argyle mine in Australia — historically the most significant source of Fancy Red diamonds — supply has become virtually nonexistent. Over a span of 33 years, fewer than 20 carats of certified Fancy Red diamonds were ever produced from this mine.
As global awareness of their scarcity increases and prices continue to appreciate year after year, astute investors are moving quickly to acquire these ultra-rare stones before they vanish from the open market entirely.
Famous Diamonds
The Moussaief Red was discovered by a farmer in the mid-‘90s in Brazil. It is a brilliant triangle-shaped cut diamond (ruby red), internally perfect, which weighs 5.11 carats. It is the biggest red diamond in the world and its estimated value was 8 million dollars in 2002.
3 Main Factors
The three main factors to better understand the color of the fancy color diamonds and the value differences among the single stones: hue, saturation and tone.
- Hue: The main color of the diamond.
- Saturation: How strong or weak the color is.
- Tone:How bright or dark the color is.
