The Hope Diamond, an exceptional blue gem, is possibly the most famous fancy color diamond in the world, with a rich history and interesting story behind it. French diamond merchant Jean-Baptiste Tavernier brought it back from India to present to King Louis XIV. It was originally cut into a 69 carat triangle shape stone and was passed down by several French kings until it ended up as a 45.5-carat dark blue diamond that was bought by London banker Henry Philip Hope in 1824.
Later it was bought by an American, and finally ended up belonging to famous jeweler Harry Winston in 1949, who presented it to the Smithsonian Institute in Washington, D.C. nine years later where it is on permanent display.
The Wittelsbach diamond
Among the most famous blue diamonds is the 35.5-carat Wittelsbach diamond for which Laurence Graff paid $24 million. He recut the diamond to remove imperfections, and then sold the Wittelsbach Graff for an undisclosed amount.
The Bulgari Blue Diamond
Auction house Christies sold The Bulgari Blue Diamond in 2010 for $15.7 million, a record for a blue diamond sold at auction. This is a ring featuring a 10.95-carat Fancy Vivid Blue diamond cut into a triangular shape.
The Dresden Green
In the middle of the18th century, the Dresden Green, a 41-carat pear-shaped green diamond emerged and is the largest natural green diamond in existence.
A record was set for a green diamond sold at auction in 2008 when Sotheby’s achieved $1,222,222 per carat for a 3.08-carat green diamond at auction in Geneva.
Fancy yellow diamonds
As diamond deposits were discovered in South Africa in the 1860s, fancy yellow diamonds were increasingly found. A 21-carat rough yellow diamond was put on display at the Paris World Exposition in 1867 and was later cut into the 10.73-carat round brilliant, ‘Eureka’. .
The Sun Drop, a 110.3-carat Fancy Vivid Yellow diamond, was auctioned by Sotheby’s for more than $11 million in 2011. The 616-carat Kimberley Octahedron, the largest diamond in the world, is a yellow diamond.
Fancy color diamonds
Most pink diamonds originate in Rio Tinto’s Argyle mine in Northwest Australia. British jeweler Laurence Graff paid more than $46 million for a 24.78-carat Fancy Intense Pink in 2010, setting a record for a diamond sold at auction.
In 2011, a 4.19 carat Fancy Vivid Orange cushion shape diamond was bought for almost $3 million at a Sotheby’s auction in Hong Kong. A champagne color diamond once owned by Elizabeth Taylor was sold at auction in 2011 for around $2.3 million.
Natural red diamonds are the rarest stones in the world. Perhaps the most famous is the 5.11 carat Mousaieff Red, the largest pure red diamond ever graded. Christie’s sold a 10.67-carat grey diamond for nearly $1.2 million at an auction In 2011.