fancy coloured diamond – The Diamond Certification Laboratory of Australia (DCLA)

Slower Growth for Fancy Colour Diamond Prices

Fancy colour diamonds saw slower growth in the last three months, with an increase of just 0.5 per cent in the FCRF Index, which tracks prices across all colours, sizes and intensities.

That compares with a 1.3 per cent rise during the first quarter of 2023, as reported by the New York-based Fancy Colour Research Foundation, with the biggest increases among yellows.

During Q2, yellows diamonds again drove the increase, with a rise of 6.5 per cent across all categories. Pinks were up 0.2 per cent and blues rose by 0.6 per cent.

The FCRF noted that fancy colour diamonds had again out-performed white diamonds, which saw prices fall 3.5 per cent during the quarter.

Board member Eden Rachminov said: “The first six months of 2023 were intriguing. We experienced notable spikes in certain sub-categories within the yellow category, particularly in the intense and vivid grades with a high inner-grade.

“Meanwhile, the blue and pink categories remained stable. If the world economy continues to maintain its positive momentum, we can anticipate a robust price behavior after the summer.”

The FCRF tracks pricing data for fancy colour diamonds in Hong Kong, New York, Geneva and Tel Aviv.

Source: IDEX

Fancy Pink Diamond Fetches $3.5m at Christie’s Auction

A 2.17-carat fancy vivid purplish pink diamond fetched $3.5m at auction, well above its high estimate of $2.5m.

It was the most expensive of a “Perfect Palette” of three colored diamonds that raised a total of $8.4m last week at Christie’s New York April Magnificent Jewels.

The pink diamond (pictured) was a cut-cornered square modified brilliant-cut stone, natural color, SI1 clarity, set with round diamonds in a platinum and 18k yellow gold ring.

A fancy vivid blue cut-cornered rectangular modified brilliant-cut diamond of 2.13 carats, natural color, VS1 clarity, set in a platinum ring with round diamonds, sold for $2.67m (high estimate $3m).

And a fancy vivid orange cut-cornered rectangular modified brilliant-cut diamond of 2.34 carats, natural color, VS1 clarity, set in platinum and 18k yellow gold, sold for $2.19m (high estimate $2.5m).

The sale of over 200 lots – including signed pieces by Belperron, Bulgari, Cartier, Graff, Harry Winston, Hemmerle, JAR, Lacloche, Tiffany & Co., and Van Cleef & Arpels – brought in a total of $35m.

Christie’s said there were bids from 40 countries and 94 per cent of lots were sold.

Source: IDEX

Fancy-Color Price Index Beats Expectations

Prices of fancy-color diamonds slipped marginally in the fourth quarter of 2020 as stability in the yellow category helped the sector stave off a heavier slump, according to the Fancy Color Research Foundation (FCRF).

“Although 2020 was challenging in terms of logistics and travel, contrary to market expectations, fancy-color diamond prices proved to be resilient, with minor price decreases across the board,” the FCRF said Monday.

The organization’s Fancy Color Diamond Index for yellows inched down 0.3% year on year in the three months ending December 31, while prices for blues fell 1.3%. Pink fancy-color diamonds decreased 0.9%, with the overall index slipping 0.8%.

The 1.50- and 5-carat categories were the strongest for fancy blues, increasing 0.5% versus the previous quarter, while fancy-vivid blues decreased 0.6%, led by soft prices for 1-carat stones in that category. Pinks stayed mainly flat compared to the third quarter, with 2-carat fancy pinks seeing the highest rise, up 1.4%. In yellows, the fancy-intense, 5-carat segment grew 0.8%, and the price for fancy-vivid, 3-carat stones was up 0.7%. Fancy-yellow, 1.50-carat diamonds increased 0.6% during the period.

The FCRF believes prices of yellows will continue to remain strong throughout 2021.

“2020 was a fascinating year; wholesalers and retailers alike had to overcome many logistical hurdles in order to finalize simple transactions, while demand for fancy-color diamonds was solid,” said FCRF advisory board member Eden Rachminov. “I expect 2021 to be a bullish year for yellows; their current price is relatively low and I think that a price increase is inevitable.”

The index tracks prices of yellow, pink and blue fancy-color diamonds in Hong Kong, New York, Geneva and Tel Aviv.

Source: Diamonds.net

Most Expensive Coloured Diamonds

Blue

The 9.75 carat Zoe Diamond which sold for more than $32 million.

Zoe Diamond

Green

5.03 carats Aurora Green sold for $16.8 million

Aurora Green

Orange

14.82 carat pear shaped Orange diamond sold for more than $35 million.

The Orange

Red

The 1.56 carat Fancy Red Phoenix diamond sold for $2 million

Phoenix diamond

Pink

59.60 carat Pink Star $71.2 million

Pink Star

Yellow

Vivid Yellow 100.09 carat sold for $16.3 million.

Graff Vivid Yellow

Rio Tinto unveils Argyle’s largest Fancy Purplish Red diamond

Rio Tinto has revealed its 2018 Argyle Pink Diamonds Tender in New York, including the Argyle Muse, the largest purplish red diamond ever offered.

The Argyle Muse, a 2.28-carat oval shaped Fancy Purplish Red gem, is one of 63 diamonds weighing a total of 51.48 carats being tendered at the event.

Argyle in Western Australia is the world’s only consistent source of rare pink, red and violet diamonds.

The 2018 tender is named Magnificent Argyle in honour of the mine’s role in charting the history of the world’s most coveted diamonds.

Rio Tinto copper and diamonds chief executive Arnaud Soirat said New York was the epicentre for rare fancy coloured diamond collectors and a key market for gems from Argyle.

“This is our 34th Argyle Pink Diamonds Tender and the potency of colours in this collection is a testament to the extraordinary Argyle ore body – rare fancy coloured diamonds, created and limited by nature.” Soirat said.

“The combination of strong demand and extremely limited world supply continues to support significant value appreciation for these stunning diamonds.”

The tender includes five Fancy Red diamonds, two Purplish Red diamonds and three Violet diamonds.

It includes six hero diamonds, which Rio Tinto selected for their unique beauty and were named to ensure a permanent record of their contribution to the history of Argyle’s diamonds.

Source: australianmining