Fancy Color Blue Diamonds Drive Color Index Higher
According to an article published in Rapaport, The Fancy Color Diamond Index (FCDI™) increased in the second quarter of this year, driven mainly by the prices of fancy blue colored diamonds.
Photo courtesy of https://www.fcresearch.org/tools/ via Rapaport
The findings are based upon a survey that consisted of more than twenty wholesale distributors of fancy colored diamonds. The index of prices for fancy color diamonds takes into consideration prices for fancy pink, fancy yellow, and fancy blue color diamonds, and found that the average prices for diamonds in these categories increased approximately one percent between April to July of 2015.
The highest increases were seen in the range of one carat fancy blue color diamonds, and one carat fancy vivid yellow color diamonds, which both went up about four percent. Fancy vivid blue in the three to ten carat range increased by as much as 4-6%. And eight to ten carat pink fancy color diamonds, in the range of intense to vivid intensities, increased as much as 5-6%.
According to the FCRF: “Core pricing data used for the Index has been tracked and collected since 2005. Pricing data is documented as it is captured in three key global trading centers for fancy color diamonds: Hong Kong, New York and Tel Aviv. Transaction prices and asking prices are reported to the FCRF by a select group of fancy color diamond experts and verified periodically by a pricing panel. Each index data set is based on diamonds traded and evaluated during six month time periods and as of July 2014 will be evaluated over a three month period.”
Supply and demand are the primary actors which contribute to the current price of white / colorless and fancy color diamonds, but other factors such as intensity of color and clarity of the diamond will affect the market price, as well as the mark-up of the individual diamond dealers. Internet prices for fancy color diamonds offered by Brian Gavin Diamonds tend to be lower than the prices you’ll find for diamonds of comparable carat weight, color, clarity, and intensity because we are competing globally for your business, and not just in our local market. Plus, we don’t have all that fancy showroom space, advertising cost, and lighting to pay for.
What does a fancy intense blue colored diamond look like?
You might be wondering what a fancy intense blue colored diamond looks like, this 0.12 carat, fancy intense blue diamond from Brian Gavin is a great example. To put the information contained in this article into perspective, this 0.12 carat diamond is selling for $6,100.00 because the color of the diamond is so extremely rare! You could purchase this 1.023 carat, K-color, VS-2 clarity, Brian Gavin Signature round diamond for about a thousand dollars less! It’s a pretty rare find also, since it exhibits a crisp and complete pattern of hearts and arrows and has an overall cut grade of AGS Ideal-0.
It has been estimated that only the Top 0.001% of round brilliant cut diamonds are cut precisely enough to exhibit a crisp and complete pattern of hearts and arrows, and qualify for an overall cut grade of AGS Ideal-0 on the Light Performance grading platform. So whether the rare diamond that you seek is white, blue, pink, yellow, or another color, Brian Gavin is your preferred source for the diamonds of your dreams!
