One of the frequently asked questions regarding diamonds is whether natural fancy colored diamonds are more expensive compared to their white counterparts. The answer to this question depends completely on the quality and value of the diamond chosen. Red diamond is the most expensive type in the world, but this does not mean white or other diamond colors are cheap. Whether in engagement rings with colored diamonds or non-colored diamonds, there are four attributes –- color, cut, carat, and clarity –- which determine how much the stone in your diamond ring is worth. The price range of fancy color diamonds is given below.
- Relatively Affordable- Brown, grey, and fancy yellow diamonds
- Mid-Range- Orange, intense and vivid yellow diamonds
- High Price- Purple, violet, pink, blue, and green diamonds
- Ultra High- Red diamonds
The first category is relatively affordable diamonds, which are a good alternative to white diamonds. Among those three, yellow diamonds are the most expensive. If you want engagement rings with colored diamonds, going for the first category would be affordable. In the case of mid-range priced diamonds, the level of prices varies a lot, according to the intensity of the color. Canary diamonds are as expensive as white diamonds. The diamonds in the third price tier are the ones you always hear of as sold at millions of dollars. When it comes to the last, it is the red diamonds that top the price range. These diamonds are extremely rare, with their cost beginning at $10,000 for each carat.