Clarifying Clarity in Color Diamonds
The 4 C’s of diamond grading are Carat, Cut, Clarity, and Color. When determining the value of a fancy color diamond, the most important “C” is Color. Ideally, you’d want to invest in a rare color such as orange, red, pink, blue, or green. The reason why clarity is less of a factor in fancy color diamonds is that while large and obvious inclusions and blemishes can detract from a diamond’s beauty, these imperfections are less obvious and often masked or even hidden by the diamond’s color intensity. The value is therefore impacted most by the color’s richness or saturation. With colorless diamonds, clarity holds more weight because even the slightest inclusions are easier to see with the naked eye.
If you are lucky enough to have a rare stone (vivid orange, pink argyle, or deep red, for example), then the clarity grade will have very little impact on the investment diamond’s price. This would explain why a 1 ct vivid blue VVS2 and a 1 ct vivid blue SI1 would be similar in price even though the clarity ratings are very different.
Fancy pinks tend to have more inclusions. The majority of fancy pink diamonds fall into the SI to I1 range. A very small percentage of fancy pinks receive a high clarity rating. The reason for this is most likely because of how pink diamonds are created. It’s the same pressure that causes the plastic deformations that may also cause fractures within the stones. Contrary to pinks, fancy blues tend to be less included and it is common for blue diamonds to receive higher clarity grades.
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Please email FCD Invest at email@example.com to discuss your personalized long-term investment strategy. For more information on Fancy Color Diamonds as an investment, please visit our Fancy Color Diamond informational page linked here.