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Fancy Colored Diamonds

Fancy colored diamonds exhibit distinct hues beyond the traditional colorless range. This guide explains how they earn a unique place in diamond grading and valuation due to their rarity and popularity.

What Are Fancy Colored Diamonds?

Fancy colored diamonds are diamonds that display a noticeable hue beyond the traditional colorless to light yellow range. To be considered “fancy,” a diamond must exhibit enough saturation for its color to be visibly distinct. 

Fancy colored diamonds develop their color when trace elements or structural irregularities occur during formation. For example, boron can create blue tones, while internal structural changes caused by intense pressure can result in pink or red. These rare conditions produce diamonds in a wide spectrum of colors, including red, pink, purple, blue, green, orange, yellow, brown, gray, black, violet, and even white. Within each hue are numerous variations and secondary color combinations, creating hundreds of possible color expressions. 

Instead of being evaluated on a scale that measures the absence of color, such as the traditional D to Z grading scale, fancy colored diamonds are assessed based on three key factors: hue (the actual color), tone (how light or dark the color appears), and saturation (the strength or intensity of the color). 

Based on these factors, the Gemological Institute of America (GIA) assigns the following fancy color grades: 

  • Fancy Light: A soft, subtle presence of color 
  • Fancy: A clearly visible, balanced color 
  • Fancy Intense: Strong, vivid color with noticeable depth 
  • Fancy Vivid: Exceptionally saturated and highly vibrant color 
  • Fancy Deep: Rich, darker color with strong saturation 

In general, the stronger and purer the saturation, the rarer and more valuable the diamond tends to be. Beyond their beauty, fancy colored diamonds are prized for the extraordinary natural conditions required to create their color. 

Assortment of fancy colored diamonds.

What Is the Rarest Diamond Color?

Natural red diamonds are widely considered the rarest diamond color in the world. Unlike many other fancy hues that result from trace elements, red diamonds owe their color to rare structural irregularities within the crystal lattice. These subtle irregularities alter the way light interacts with the diamond, producing a pure red appearance. 

True red diamonds are extraordinarily scarce. Only a very small number have ever been discovered, and most are under one carat in size. 

Beyond red, several other fancy diamond colors are considered exceptionally rare due to the specific geological conditions required to form them: 

  1. Red DiamondsCaused by extremely rare structural irregularities in the crystal lattice, making pure red diamonds exceedingly limited in supply. 
  2. Blue Diamonds: Formed when boron is present during crystallization. Because boron is rarely found in diamond forming environments, natural blue diamonds are highly uncommon. 
  3. Pink DiamondsCreated by intense pressure that leads to structural irregularities within the crystal. The precise geological conditions required are rare and not fully understood. 
  4. Green Diamonds: Result from natural radiation exposure deep within the earth. The radiation must affect the diamond in a very specific way, which occurs infrequently in nature. 
  5. Orange DiamondsPure orange diamonds without secondary hues are particularly rare because they require a specific arrangement of nitrogen during formation. 

While all fancy colored diamonds are rare compared to colorless stones, these five hues stand out for their scarcity and the extraordinary natural conditions required to create them. 

Assortment of blue colored diamonds.

What Is the Most Expensive Diamond Color?

Red diamonds are generally considered the most expensive diamond color due to their extreme rarity. With so few pure red diamonds ever discovered, demand among collectors far exceeds supply. As a result, red diamonds can command some of the highest prices per carat in the global diamond market. 

While rarity strongly influences price, the most expensive diamond colors are those that combine exceptional scarcity with intense saturation and sustained collector demand. 

The diamond colors that have consistently achieved the highest price per carat include: 

  1. Red DiamondsThe rarest of all fancy colors, with only a limited number ever discovered. Their scarcity drives some of the highest per carat values in the world. 
  2. Blue DiamondsHighly valued for their vivid saturation and rarity. Fine quality blue diamonds, particularly those graded Fancy Vivid Color Grade, have achieved record setting auction results. 
  3. Pink DiamondsExceptionally desirable due to their limited global supply and enduring demand. Highly saturated pink diamonds with minimal secondary hues command premium pricing. 

Ultimately, the value of fancy colored diamonds is determined by more than color alone. Saturation, sizeclarity, and cut all contribute to price, along with overall rarity. As with all diamonds, the 4 Cs play a role, but in fancy colored diamonds, color intensity is often the primary driver of value. 

Assortment of lab grown colored diamonds.

Fancy Diamond Colors

Fancy colored diamonds occur in a wide range of hues, offering more variety than traditional colorless stones. From soft pastel shades to deeply saturated tones, each color carries its own rarity profile and visual character. 


Below are the primary fancy diamond colors and what distinguishes them: 


  • Black: Opaque diamonds with a bold, dramatic appearance. Their color results from high concentrations of inclusions within the stone. 
  • BlueCreated by the presence of boron during crystallization. Blue diamonds range from soft sky tones to deep, vivid hues and are among the most valuable fancy colors. 
  • Brown: Sometimes referred to as champagne or cognac, brown diamonds exhibit warm, earthy tones created by structural irregularities during formation. 
  • Gray: A subtle and modern hue that can appear silky or metallic. Gray diamonds often contain secondary tones such as blue or violet. 
  • GreenFormed when diamonds are exposed to natural radiation deep within the earth. Evenly distributed green color is particularly rare. 
  • OrangePure orange diamonds without secondary hues are uncommon. Their vibrant warmth makes them especially collectible. 
  • PinkHighly sought after for their romantic appeal. Pink diamonds result from structural irregularities caused by intense pressure during formation. 
  • Purple: Rare and often found with pink or violet modifiers. Pure purple diamonds are uncommon and prized for their richness. 
  • RedThe rarest of all fancy colors. Red diamonds are formed by structural irregularities within the crystal lattice and are exceptionally scarce in nature. 
  • Violet: Extremely rare and often appearing as a modifier to purple or blue diamonds. Pure violet stones are highly uncommon. 
  • White: Distinct from colorless diamonds, white diamonds have a milky or opalescent appearance caused by internal inclusions that scatter light. 
  • YellowOne of the most recognizable fancy colors, caused by nitrogen within the diamond. Yellow diamonds range from light lemon to intense canary shades. 


In addition to these primary hues, many fancy colored diamonds display secondary color modifiers, such as purplish pink or greenish blue. These nuanced combinations further expand the range of possibilities and can significantly influence both appearance and value. 


With numerous hues, saturation levels, and modifier combinations, fancy colored diamonds offer one of the most diverse color palettes in fine jewelry

Types of Fancy Diamond Colors

Fancy colored diamonds are categorized by origin, with both natural and lab grown options offering distinct advantages in rarity, availability, and price. 

Natural Fancy Colored Diamonds

Natural fancy colored diamonds are formed deep within the earth over billions of years. Their color develops when trace elements or structural irregularities occur during the diamond’s natural growth process. Because the geological conditions required to produce strong, even color are highly specific, natural fancy colored diamonds are significantly rarer than colorless diamonds. 

Each natural stone is unique, with subtle variations in hue, tone, and saturation that reflect the conditions under which it formed. This rarity often contributes to higher price points, particularly for diamonds with intense saturation or uncommon hues such as red, blue, or pink. 

Natural fancy colored diamonds are prized for their scarcity, collectability, and the remarkable natural circumstances that created them. 

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Lab Grown Fancy Colored Diamonds

Lab grown fancy colored diamonds are created in controlled laboratory environments using advanced technology that replicates the natural diamond growing process. Like their natural counterparts, they possess the same chemical, physical, and optical properties. 

During growth, specific elements can be introduced or carefully controlled to produce vibrant and consistent color. This allows for a broader range of hues and saturation levels that may be difficult to find in nature. 

Because they are not limited by geological rarity, lab grown fancy colored diamonds are typically more accessible in price. For those seeking bold color, larger carat weights, or greater design flexibility, lab grown options offer a compelling alternative while maintaining the beauty and durability of a diamond. 

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Assortment of colored diamonds.

Fancy Colored Diamonds FAQ

What are all the diamond colors?

Diamonds can be nearly every color of the rainbow. Diamond colors include red, pink, purple, blue, green, orange, yellow, brown, gray, black, violet, white, and colorless. The intensity of the color can range from subtle to vivid.   


With more than a dozen primary diamond hues plus variations in tone, saturation, and secondary modifiers, there are hundreds of possible color combinations. This makes fancy colored diamonds one of the most diverse gemstone categories. 

How are colored diamonds made?

Colored diamonds are made when trace elements or structural irregularities occur during formation. For example, boron can create blue tones, while nitrogen can produce yellow. In some cases, intense pressure alters the crystal structure, resulting in pink or red hues.

Are colored diamonds natural?

Colored diamonds can be either natural or lab grown. Natural colored diamonds form deep within the earth when trace elements or structural irregularities occur during the diamond’s growth. Lab grown colored diamonds are created in controlled environments but have the same chemical and physical properties as natural colored diamonds. 

Are colored diamonds real?

Yes, colored diamonds are real diamonds. They have the same chemical composition and physical properties as colorless diamonds. The only difference is the presence of color caused by natural elements or structural changes.

What is a color enhanced diamond?

A color enhanced diamond is a natural diamond whose color has been altered through treatment. Processes such as irradiation or High Pressure High Temperature can intensify or change its appearance. These diamonds are real but should always be disclosed as treated.

Are colored diamonds man made?

Some colored diamonds are man made, while others are natural. Lab grown colored diamonds are created in controlled environments but have the same properties as mined diamonds. The difference lies in their origin rather than their composition.