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Old hellokitty
 
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Quote this post and reply to it Post#1 @ 11-13-01 , 11:14 AM


I was wondering about the fancy color grades that GIA gives and how that affects the price of a stone. How does a color grade of fancy deep or fancy dark affect the pricing of the different colors of fancy diamonds - more specifically, yellow, pink, green, and blue (all other factors set aside) in comparison to a color grade of fancy intense or fancy vivid?

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Old ThomasH.

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Fancy color diamonds...
Quote this post and reply to it Post#2 @ 11-13-01 , 12:20 PM


hellokitty,
Oldminer is right, but I can give you some ideas about this issue.
Fancy intense and vivid describe light through medium tones with strong and very strong saturations
Fancy deep describes darker tones with strong to very strong saturations.
Fancy dark describes darker tones with relatively low saturations.
Thus fancy vivid is usually priced the highest, followed by intense, then deep and then dark. Due to the depth of color, fancy deep diamonds may appear slightly brownish. Regular fancies can be higher in price than "fancy dark" diamonds, because depending on the depth of color and how low the saturation is, such diamonds can be rather unappealing.
This guideline can be used for all colors, although certain colors do not exist in "vivid" colors (dominantly greens) or are astonishingly rare (blue, orange). The problem with these grades are, that GIA does not publish their precise guidelines and the borderlines between grades. Thus the saturation of a fancy intense blue is usually much lower than the saturation of a fancy intense pink... it really depends on the stone and the color in combination with the color modifier which is present in most fancy color diamonds.
Maybe this gives you some ideas,
Thomas H.



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Quote this post and reply to it Post#3 @ 11-13-01 , 01:21 PM


Thanks oldminer and Thomas H. for the responses. I've been trying to learn more on the Internet, however there aren't a whole lot of informative sources. Only bits and pieces here and there. And, with the exception of one web site I found that stated the 9 different color grades, there isn't much information posted about the GIA grading scale for fancy color diamonds. If anyone knows of any other good sources please post.

Old Webz

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astute answers..
Quote this post and reply to it Post#4 @ 11-13-01 , 01:22 PM


As far as prices go, this is how it generally goes:

In order from least to most expensive:

Light/Dark<Fancy<Deep<Intense<Vivid.

Then of course there are other factors that come into play such as modifying colors, ie, Fancy GREENISH-yellow and so on.

Clarity plays a much more secondary role in these stones although a premium will be paid for an Internally Flawless or Flawless stone and there will be a penalty for heavily included stones as well.

This is an overgeneralization and I completely agree with Oldminer as to your need to delve deeply into this world to be able to make informed and intelligent decisions.

Another huge issue these days is the methodology of the GIA itself. Grading Fancy Colors is not the science that white diamonds are. Much of the process is subjective and prone to error. As Thomas alluded, the best answer possible is... it depends.

PS. Yes, that is a diamond next to my name...

[Edited by Webz on 11-13-01 at 01:23 PM]

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Quote this post and reply to it Post#5 @ 11-13-01 , 03:04 PM


How about the fancy white? The existence of this is new to me...

Where does it fall into the rarity scale?

From what I gather, that kinda goes like:

yellow, green, orange, blue, red ?

I'm just curious because I'm considering one, and if I do buy it, it won't be without understanding it a heck of a lot better than I do now. :-).

Thanks!

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Fancy dark...
Quote this post and reply to it Post#6 @ 11-13-01 , 03:16 PM


Webz,
I totally agree with you, but I think one cannot put the grade "fancy dark" in one price-class, since especially in the blues, pinks (gets towards brownish-red...) and blue/violet-gray diamonds, these tones are quite desireable and very expensive. Example: fancy dark bluish-gray, 5.54ct @ USD 51'355/ct
fancy dark violet-gray, 0.91ct @ USD 37'912/ct (Auction values)
Dark browns are cheap, when yellows become dark, we got a brownish color, thus also cheap.
Thus I suggest the grade "fancy dark" is generally the exception in pricing....
Thomas H.

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agreed..
Quote this post and reply to it Post#7 @ 11-13-01 , 07:46 PM


I meant that Light and Dark stones will generally be less valuable than a straight Fancy. Didn't mean to group Dark and Fancy together.

I admit freely, this was a gross overgeneralization but unfortunately I can't spend hours writing a dissertation on every possible variation in color and hue. We both know I'd be writing for a very very long time.

There are as many exceptions as there are rules.



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Quote this post and reply to it Post#8 @ 11-13-01 , 11:42 PM


Hellokitty, not to get off the subject I was surfing and found preciousgemstones.com they say that the jeweler Lawrence Graff sold a 132.4 carat fancy vivid yellow cushion cut diamond for a cool $15million. The man who cut the diamond was Jean Chandisias. Just FYI

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Just for your information.
Quote this post and reply to it Post#9 @ 11-14-01 , 05:56 AM


A Fancy White 3.92 round brilliant sold at Christie's NY April 1993 for $2,933 per carat, or about $11,500.
Joker...

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Fancy White Diamonds?
Quote this post and reply to it Post#10 @ 11-14-01 , 09:21 AM


Thanks again for all the responses. And what a beautiful blue diamond Webz! Is that one in your own personal collection?

Thanks for the tidbit on fancy whites Joker. I'm curious as to what a fancy white diamond looks like. If anyone knows, what makes a fancy "white" diamond?


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Fancy white, part two...
Quote this post and reply to it Post#11 @ 11-14-01 , 02:19 PM


fancy white diamonds are diamonds with a milky white coloor, similar like white moonstone. They contain minute particles which scatter the light, thus leave the stone slightly turbid white. These diamonds are often called "opalescent" because the dispersion of the stones looks somewhat like the play of color of opals. These diamonds are very rare, as rare as pinks or certain blues, but normally not very attractive and much, much cheaper. The stones are usually very hydrogen rich diamonds (pure type laB). White diamonds can have a brownish, bluish, yellowish and grayish appearance.
Hope this helps,
Thomas H.


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