An Orange Diamond That Sold For 36 Million ~ I Did Not Know Diamonds Exist In So Many Colors

Beautiful To See All The Colors Reflected By Diamonds ~

This picture shows just how many colors can be seen, beautiful!
This picture shows just how many colors can be seen, beautiful! | Source
These diamonds create a stunning presence. I'm not sure if this is actually a colored diamond, or whether it is simply reflecting the background color.
These diamonds create a stunning presence. I'm not sure if this is actually a colored diamond, or whether it is simply reflecting the background color. | Source

A Rare Orange Diamond Sold For $36 Million In Geneva At Christie's International ~

In the "window-shopping" category (for me anyway), I saw an article about a very, very rare orange diamond that sold at Christie's International auction in Geneva in November, 2013. This diamond is known as a fancy-vivid orange diamond, and is believed to be the largest flawless diamond of this type ever found.

This particular diamond was found in South Africa. Orange diamonds are sometimes known as "fire diamonds" because of their brilliant orange color. This diamond was said to be of such high quality that there are no other diamonds in existence like it. Orange diamonds get this unique color because of the appearance of nitrogen when they are created. It is thought that this may be the type of diamond only seen one time in a person's lifetime.

Since this orange diamond weighs over 14.8 carats, the price that it sold for at the auction reflects a per carat price of about $2.4 million. This price is a record price for any type of colored diamond. In addition, the buyer paid over $4.4 million in taxes. The man who bought the diamond remained anonymous. He left the room as soon as the auction was finished, to spontaneous applause from those attending.

This pear shaped diamond is absolutely gorgeous. What I didn't realize is how many different colors it is possible for diamonds to be found in. Buying a diamond of this exceptional quality was compared to buying exquisite artwork by famous artists like Van Gogh or Picasso.

Whenever I usually think of a diamond, I think of clear diamonds like those used traditionally for wedding rings. Those diamonds are usually clear in color and they reflect an array of colors, depending on the light they are exposed to.

There are often blue, pink and white diamonds at these high profile auctions, but it is very rare for an orange diamond to be up for auction, especially one this size. The last time a large orange diamond was up for sale was back in 1997. That diamond, however, was only about 5.5 carats in size, and sold for $1.3 million. It was known as "The Pumpkin Diamond."

Coming in second in high sale amounts at auctions are usually pink diamonds. A diamond with an "intense pink stone" sold several years ago for 45.4 francs, or over $49 million dollars and weighed over 24.5 carats. That diamond was sold in 2010 at Sotheby's in Geneva.

Clear Diamonds Are Most Often Found In Wedding Rings~

Many diamonds are clear. When they come in colors, however, they are called fancy colored diamonds.
Many diamonds are clear. When they come in colors, however, they are called fancy colored diamonds. | Source

Marilyn Monroe ~ Diamonds Are A Girls Best Friend

Colors Diamonds Have Been Found In And How They Get Their Color ~

Diamonds that are found naturally in different colors are usually a result of impurities in the stones. For example, if nitrogen is introduced into the diamond material, the result is often brown or yellow diamonds. If Boron is present, the diamond will normally be a blue color. When irradiation appears, usually because of alpha specks and fragments, the diamond will take on a green hue.

Likewise, nitrogen can cause a yellow hue in diamonds which varies according to how much nitrogen was present. If a diamond has a pale yellow look, it can still fall within the normal color range for diamonds. Diamonds that are a totally different color, like green or blue, are called fancy colored diamonds. These colored diamonds are always graded differently than clear diamonds.

Diamonds in the order of how rare they are begin with yellow diamonds. Next is brown and then colorless diamonds. After that is blue, green and black. The rarest diamond colors are pink, orange, purple and dark red.

Black diamonds, while they are called black, are often a blending of dark colors that give them that special black appearance. Even though they are considered to be black, they can actually consist of many unique mixtures of color.

Rare colorful diamonds continue to be the chosen purchases of those wealthy enough to afford them. For average people, however, the types of diamonds bought will most likely continue to be those sold by jewelry shops all over the world. They will also probably be the featured stone in wedding rings, a symbol of everlasting love. As Marilyn Monroe sang "A kiss on the hand maybe quite continental, but diamond's are a girl's best friend." I think she had something there. She was an amazing singer and personality, another one lost at an age that was far too young.


Some Lucky Person Will Get To Own A Replica Of The Famous Orange Diamond ~

In an interesting side note, a jeweler in Las Vegas, Nevada has created a replica of the famous orange diamond that was sold at the Christie's auction. He has placed his creative gem, a man made orange stone, into a necklace that he has on display in his jewelry shop.

At the end of November of 2013, the necklace will be auctioned off, with proceeds to benefit an organization called Keep Memory Alive, which is also a part of the Cleveland Clinic Lou Ruvo Center for Brain Health, here in Las Vegas.

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Comments 10 comments

Alphadogg16 profile image

Alphadogg16 3 years ago from Texas

Very interesting hub KathyH, I had no idea diamonds came in so many colors either. I personally don't see the point of buying a 14 karat diamond, but hey, I guess he wanted it for a reason.


MizBejabbers profile image

MizBejabbers 3 years ago

Interesting and well written article. I think people buy these huge diamonds for investment purposes only and do not wear them. The insurance costs are phenomenal on them. A lot of color diamonds came on the market recently, and they were inexpensive as diamonds go because they were color enhanced. One company called them “candy diamonds."

My state, Arkansas, has the only diamond mine in the continental U.S., and most of the diamonds found there are yellow, although some white ones can be found. The mine is a state park open to the public. Recently a teenager found a canary diamond weighing over 5 carats. When he was asked what he would do with it, he said he would sell it and use the money for his college.


KathyH profile image

KathyH 3 years ago from Las Vegas, Nevada Author

I think so too, Alphadogg16! I guess the price that this diamond brought at auction floored me! I'm not entirely sure how prices are determined, but I have a feeling that demand and what people are willing to pay have a lot to do with it. Thanks for commenting, much appreciated!


KathyH profile image

KathyH 3 years ago from Las Vegas, Nevada Author

That's so interesting, MizBejabbers! Thanks so much for sharing! I didn't know Arkansas is the only state with a diamond mine. I learned something new! Thanks so much for your great comment! :)


North Wind profile image

North Wind 3 years ago from The World (for now)

I recently saw a BBC piece about a new pink diamond that was cut that they thought would sell for 20 million. The diamond is huge and is quite beautiful. You might be interested to read about it. Just looking it up again and I saw it sold for 20 million! You might want to add it to your hub - it is called The Pink Star.

Very interesting hub!


KathyH profile image

KathyH 3 years ago from Las Vegas, Nevada Author

Thanks so much, North Wind! I'll have to look that up! It amazes me the prices that these diamonds sell for! :) Thanks again!


teaches12345 profile image

teaches12345 3 years ago

I'll take a dark red diamond! I didn't know how they were rated and find it so interesting that color means so much when priced. I imagine many people are happy with the plain yellow for now.


KathyH profile image

KathyH 3 years ago from Las Vegas, Nevada Author

I thought it was interesting to find out about the meaning of diamond color and its affects on pricing too, Dianna! So glad you liked this, thanks so much for your comment! :)


Jackie Lynnley profile image

Jackie Lynnley 3 years ago from The Beautiful South

I am not much for jewelry but there is nothing like a beautiful diamond. Thanks for all the great info! ^


KathyH profile image

KathyH 3 years ago from Las Vegas, Nevada Author

I'm not into jewelry either, Jackie. Although I do think the way diamonds sparkle sure is pretty! Glad you liked this, thanks so much for commenting! ❇

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