By Rubina Posh January 11,2017
The more intense the colour of the diamond the rarer and more expensive it is.
A 0.21ct VVS1 Radiant Cut Diamond graded as Natural Fancy Red was available on 8th December 2017 for around AUD$130,000
A 0.31ct Si2 Radiant Cut Diamond graded as Natural Fancy Red was available on 8th December 2017 for around AUD$160,000
Red Diamonds are the rarest of all diamonds. They get their colour from heat, pressure and nitrogen.
They are so rare and expensive it is almost impossible to find a natural red diamond over one carat. There are currently only about 30 red diamonds in the world.
These fancy Red Diamonds are always graded face up (flat side up) and by the intensity of their colour ranging from dark pink to purplish. There are also Brownish Red and Orangey Red, however, these are considerably less valuable than the straight Red or Purplish Red.
Most of the Red Diamonds are found in The Argyle mine in Australia, which is known for the production of Pink, Violet, Blue, and Brown diamonds. Other countries where Red Diamonds can be found in, include Africa, Brazil, India and Russia.
Red Diamonds look different depending on the light. They look best in daylight and candlelight but lose their attractiveness in fluorescent light.
Collectors and investors are usually the ones to buy Red Diamonds mainly for the purpose of investment and completing their collections. The most desired diamond is the pure Red Diamond which is the hardest to come by. As a result, the price of one no matter the size is very high.