We know what you’re thinking: “Aren’t all diamonds ‘fancy’?” Well, yes and no.

You see, while these beautiful, unique stones are all made from some of the most durable material on planet earth, only certain diamonds which fall on the traditional D (colorless white) to Z (heavily tinted yellow) diamond color scale are considered “fancy”.

It is these diamonds that are most often referred to as “Fancy Diamonds” or “Fancy Color Diamonds”. They can come in a host of colors from green to black and every hue in between, each with various levels of rareness associated with them.

But be careful when it comes time to buy. Not only are fancy color diamonds a significant investment, there are many imposter ‘natural’ fancy diamonds out there.

Here’s a brief introduction to the stunning world of “Fancy Color Diamonds”.

Color me Fancy: Natural VS Treated Diamonds  

Buyers who don’t take the time to research where to buy fancy color diamonds from reputable sources like the Diamond Broker, could find themselves paying for what they believe to be ‘natural’ fancy color diamonds, only to later learn they’ve been swindled into purchasing ‘treated color diamonds’.

Fortunately, if you’re armed with the right knowledge you can more easily distinguish between a cheap brown diamond that’s been color treated with high pressure or temperature to change its original form, and one which is ‘natural’.

The key lies in the color saturation. In treated diamonds, this color will be so pronounced it will look very similar to a semi-precious colored gem. These highly saturated stones will also be significantly less expensive than their natural fancy diamond counterparts which often fetch a premium price due to their rare nature.

Grading Fancy Color Diamonds

The diamond industry has devised three primary axes- the hue, tone, and saturation- on which to grade and assess fancy color diamonds.

When it comes to the actual color, a fancy diamond’s hue is generally designated as two or more combined colors which are used in an adjective/noun relationship. For example, with a Blueish Green fancy color diamond, green would be the primary color, and blue the modifier of that color.

The tone refers to the lightness or darkness of those color(s), and saturation is an indicator of how strong or weak those colors appear.

How much Do Fancy Diamonds Cost?

While traditional white diamonds have lots of sellers and competition to keep the prices down, as well as a well-defined price list that hinges on factors like size, weight, clarity, etc, things work a bit differently when it comes to fancy color diamonds.

Not only is there no set price list, their cost is determined by demand in the market—a market in which there is significantly less competition and a lot less supply.

One exception to this rule pertains to fancy yellow color diamonds. They are the only diamonds in the fancy color family that have a more uniform price structure. The remaining fancy colors are typically too unique to compare prices of the different color stones.

In short, the next time you’re looking to purchase an even fancier fancy diamond, do your due diligence and make sure to research the buyer to get the best price on the most quality colored fancy stone.