Fancy Diamond Jewelry - Most Expensive Natural Color Diamond Rings

Colored Diamond Jewelry in recent years have become increasingly towards high demand due to its association with popular celebrities dorning these lovely jewels. Jennifer Lopez creates the craze with a $1.2 million gorgeous radiant Fancy Pink Diamond engagement ring from Ben Affleck. The 6-carats solitaire pink diamond was set with three baguette white diamonds in platinum. High profile celebrities are trendsetters and demands are created for whatever they adorn or being spotted with.

Natural Color Diamonds being extremely rare are now more highly valued and greatly appreciated by diamond jewelry lovers and collectors. They come in a variety of colors within the spectrum of the rainbow.

The world's most comprehensive and unique collection of Natural Fancy Color Diamonds, the Aurora Pyramid of Hope was created over 25 years by Alan Bronstein and Harry Rodman. The complete spectrum of colors of the diamonds are presented in different cuts, sizes and shapes. It was displayed at the American Museum of Natural History in the Morgan Hall of Gems in New York from 1989 to 2005.

It was the main attraction of the tour in the 1998 through Japan, Canada, and the States. Once again in 2005 exhibited in The Natural History Museum of London where 36 new specimens were added making the total Aurora Pyramid of Hope as 296 Natural Fancy Color Diamonds with a combined weight of 267.45 carats. This priceless diamonds collection is now on display in London at The Natural of History Museum.

Colored Diamonds crafted in rings are popular and fashionable for engagements, weddings and as memorable gifts. The Natural Fancy Color Diamonds include the most rare Red diamonds, mystical Green, spectacular Blue, exquisite Pink, brilliant Yellow, Purple, Violet, Orange, Olive, Brown, Grey, unique Black and color changing Chameleon diamonds. Exceptionally Rare Natural Color Diamonds are in red, green and blue. Most popular and desirable diamond colors are in pink, yellow, champagne and black diamonds.

Color Grading In Natural Color Diamonds

The natural color diamonds are GIA graded in nine categories from the lowest color:- Faint, Very Faint, Light, Fancy Light, Fancy, Fancy Dark, Fancy Intense, Fancy Deep and to the strongest intensity Fancy Vivid. Fancy deep and fancy vivid pink or raspberry pink graded color diamonds being the most rare are highly priced and treasured.

Gemstones In Colored Diamond Jewelry To Be Certified

When buying Colored Diamond Jewelry or Loose Fancy Natural Color Diamonds ensure that the gemstones are certified with a grading report from the international gem laboratories. This safe guards our investment that the expensive diamonds are indeed natural and not color enhanced or modified. Color modifier do decreases the price of the diamonds.

World's Most Expensive Natural Color Diamond Rings;

Record Prices Sold At Sotheby Auctions:-

1. $9.49 million 7.03 carat Blue Diamond Platinum Ring at $1.35 million per carat.
   
2. $46.0 million 24.78 carat Pink Diamond Silver Ring at $1.85 million per carat.

7.03 Carat Fancy Vivid Blue Diamond Ring Sold for $9.49 million

• May 2009, Sotheby made history with the sale of a cushion shaped 7.03 carat internally flawless "vivid blue" diamond mounted on a platinum ring for $9.49 million. Highest price ever paid at an auction for a blue diamond by value per carat -- Costing $1.35 million per carat, inclusive of auctioneer's fees. “ This sale price has surpassed the world record price per carat achieved for any gemstone at auction, which was formerly held by a (£3.4million=nearly $5million) 3.73 carat, fancy vivid blue pear-shaped diamond which sold for US$1.33 million per carat at a Sotheby's auction in May 2008,” Petra Diamonds said.

24.78 Carat Fancy Intense Pink Diamond Ring Was Sold for $46 million

• November 2010, London Jeweler Laurence Graff paid $46 million (£29 million) for the 24.78 carat ''fancy intense pink'' Rare Pink Diamond Ring; smashed the world record for a jewel at Sotheby's auction in Geneva as the most expensive single jewel ever sold at auction. He named it "The Graff Pink". The emerald-cut diamond with rounded corners is mounted on a silver ring with two flanking shield-shaped diamonds. This 'fancy intense pink' diamond is classified as Type II Color Diamond, the most perfect color rating for Pink Diamonds -- Costing $1.85 million per carat.

This shows that exceptionally rare naturally Colored Diamond Jewelry are great investment prospects for they are resilient in the economic downturn.

Color Enhanced Diamonds

Color Enhanced Diamonds are the next best alternative for most people aspiring to own Colored Diamond Jewelry. This color enhancement treatment is considered permanent, bringing the lower grade color diamonds to be transformed into the most desirable color enhanced diamonds. Be wary of coating treatment to alter the color of the Colored Diamond Jewelry as this artificial application process is not permanent.