Red Diamond – The Rarest of Them All

One of the rarest types of gemstone in the world is the red diamond. To date, there are less than fifty red diamonds known in existence. A reddish-orange 3.15-carat fancy red diamond will be offered at Christie’s Sale of Magnificent Jewels on December 10th. This diamond is a circular cut diamond with a S12 clarity. In addition, it is even more so rare for a red diamond of over 1.0-carat to exist. Christie’s has estimated that the diamond will sell for up to $1.2 million.

red-diamond-christie's

The value of a red diamond is dependent on the intensity of color. The strong the hue, the more valuable the red diamond; a faint red diamond will be a much less value than a fancy vivid red hue. The high color saturation of the red-orange color is what will give this diamond a high price tag. Researches attribute the stark red color to the small quantities of nitrogen or hydrogen introduced during the development process, creating a unique crystal lattice structure.

Another highlight at the upcoming auction is a 50.01-carat rectangular cut diamond in platinum ring by Graft with two baguette-cut diamond accents that is estimated to sell at $10 million. Brand name jewelry sellers will be also sold at the auction, such as Tiffany & Co., Van Cleef & Arpels, Cartier, and more.

christie's-auction-diamond

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