What Color Diamond Ring Is The Most Expensive?

The pricing guide for colored diamond rings is par for the course–the more rare a diamond, the more expensive it is. So, to answer the question, yes, colored diamond rings are more expensive because they are more rare. The most rare colored diamond is a red diamond, and pure red is almost non-existent. On the flip side of that, yellow and brown diamonds are the most common and available colored diamonds. This makes them affordable and also popular.

Next up from there are pink diamonds which are much more rare, therefore much more expensive, then there are blue diamonds, and finally, red. The price for a red diamond is over $1,000,000 per carat, with the most expensive red diamond sold at $8,000,000. 

Where Do Colored Diamonds Get Their Color?

The color of diamond rings occurs for different reasons with each color. Yellow diamonds get their hue from nitrogen because it sucks up blue light thus reflecting back yellow. Pink diamonds are a mystery. Even though they’re made entirely of carbon their crystal structure is unique and therefore they’re pink. Blue diamonds get their color from boron. It takes the place of carbon within the diamond. The light reflection in red diamond hue, like the pink, is also unknown, but both diamonds are believed to have their hues for the same reason, red diamonds are just more concentrated. 

Where Do Colored Diamonds Come From?

Colored diamonds come from various locations all over the world. Two of the main locations are South Africa and Australia. Yellow diamonds mostly come from South Africa, but are also available all over, while pink diamonds are only found in one mine in Australia. Blue diamonds, being among the most rare, are only found in a few mines in India, Australia, and South Africa. Finally we arrive at red diamonds again. Their prevalence is extremely minimal as there have only been a few ever found. Approximately only 30 diamonds have ever been mined. They were found at a specific mine in Australia–the Argyle mine.

Conclusion

With an extensive background in fine jewelry, Ballard & Ballard will provide the highest expertise when helping you choose your next piece. Our knowledge and experience in high quality jewelry is unmatched in our area.

We have an extensive list of diamonds and can help you select the perfect one that fits your lifestyle. We also offer several supportive services that will help you maintain your pieces. In addition to helping you make the perfect selection, our jewelry repair services are thorough and efficient. With over 100 years experience in making jewelry, we’re adept at working with fine jewelry in every way. We also offer appraisal services, engraving, bridal and registry services, and even gift wrapping. 

Book your next appointment with us either in person or virtually, and let us help you find the perfect piece of fine jewelry that will last for generations. It would be our pleasure to work with you.