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Once worn exclusively by royalty or
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accessory du jour.
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“Movie stars want coloured diamonds
because no one else has them,” explains
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Clockwise from top left:
Gold rings with yellow
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diamonds, from £1,700. Rose
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gold ring with pink sapphires,
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from £1,290, Shaun Leane at
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Natural fancy pink heart
diamond. Price on application,
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Black diamond earrings from a
selection starting from £2,975,
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Starlit Rocks ring with natural
yellow diamonds, £1,200, Cox &
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Cocktail ring with nine fancy
0.92ct diamonds, £10,000, Cox &
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Brown diamond leaf earrings
with amethyst, pink sapphire
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and white diamond lily, £5,438,
‘Catherine wheel’ ring with
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“It sets them apart. Women love
them because they are beautiful. Men
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investment.”
In the past two years their value has
rocketed by 300 per cent, which justifies
why they are now top of the shopping list
for the super-affluent in pursuit of the
exceptionally rare.
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As a response to this coloured diamond
fever, Cartier recently launched an eyepopping
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The Inde Mysterieuse collection features
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beads and drops – costs £169,000.
Despite
the astronomical prices, it has already
almost sold out.
“Coloured diamonds are about for ever
fashion,” says Lucy Willis from Selfridges,
who are now selling coloured diamonds by
Tiffany and Cartier for the first time in their
newly-opened Wonder Room in its Oxford
Street store.
But the best place to see the latest rockson-
the-block is The Vault, a new gallery
that will open at The Natural History
Museum this Wednesday.
The piece de resistance of the exhibition
is the Aurora Collection, which features 296
naturally-coloured diamonds, some the
size of golf balls.
“Most stones half as interesting are locked
in a vault and never see the light of day,”
explains curator Alan Hart.
“This is without
a doubt the best coloured diamond
collection you are ever likely to see”
But, thankfully, you don’t
have to be a film star or a
millionaire if you want to do
more than just look.
As coloured diamonds become
increasingly popular, more and more
jewellers are sourcing small stones in all
colours of the rainbow, with prices startingfrom around £800.
“Historically, diamonds are all
about power,” believes Carmen
Busquets of Couturelab, a fashion
shop selling coloured diamond
jewellery.
“White diamonds have
connotations with engagement.
Coloured diamonds give a show of
individuality and independence.
“But
recently, contemporary designers
who work with the same quality
coloured diamonds are offering
personalised designs on a much
smaller budget.
“Something to
wear all day – not just at night.”
Prices for her coloured diamond
jewellery start at £8,000.
Kate Moss bought herself a
discreet pink marquise diamond
commitment ring from Wint &
Kidd (020 7908 9990) to celebrate
the birth of daughter Lila Grace.
Although the rings start from a
mere £1,000 – the price of two
pairs of Louboutins – these are
designed to be collected and
worn piled up as a style statement.
Chances are you’ll run out
of fingers well before you run out
of colour combinations.
Fancy bagging yourself some
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Just in time for
your Christmas wish-list, we’ve
compiled the Lifestyle guide to
buying coloured diamonds.
WHAT ARE THEY?
Out of 80,000 carats of rough
diamonds mined every year, only
0.001 per cent have a colour
(that’s one in 10,000).
Their colour is the result of
naturally occurring chemicals
and processes in formation.
Yellow diamonds are the result of
the presence of nitrogen. Blue is
an excess of boron. Pink and red
are thought to be the result of
manganese. Green diamonds are
caused by exposure to naturally
occurring radiation from radioactive
elements such as uranium.
COLOURS
Stones are graded by their
vivacity of colour.
No two are
the same, and often there is a
secondary as well as a predominant
colour.
The secondary modifying
colour is described using the
suffix “-ish”.
So a
“vivid greenish
yellow” is a yellow diamond with
green overtones.
When a diamond has two
colours equally present, then
both are named.
All diamonds are graded on a
scale from D to Z.
With white
diamonds, D is colourless and Z
is bright yellow.
As colour
becomes saturated they become
known as “fancy” diamonds and
graded from fancy intense to faint.
Least unusual (so least
expensive) are pale grey, brown
and black. Yellow and orange are
quite rare, while pink is rare.
Rarer still are violet, green, blue
and red.
“A fancy stone is about colour
and consistency,” says Tony
Cox, designer at Cox & Power
(020 7935 3530).
• PINK was put on the global
map after Jennifer Lopez was
given a 6.1 carat pink diamond
engagement ring, costing
around £1 million, by Ben
Affleck. Victoria and David Beckham
own his and hers pink
diamond rings. Visit www.pink
diamonds.co.uk.
• PURPLE made headlines when
American basketball superstar
Kobe Bryant gave his wife
an 8 carat purple diamond
costing $4 million.
• GREEN commands astronomical
prices. Mined in Brazil, South
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• BLUE. Most famous stone is
the Hope Diamond, a staggering
45.52 carats, housed at The
Smithsonian Natural History
Museum in Washington. The
diamond is legendary for the
curse it supposedly puts on
whoever possesses it.
• RED is by far the rarest of all
coloured diamonds and almost
priceless. The largest fancy
red ever graded is the Moussaieff
Red, which is 5.11 carats and was
discovered in the 1990s by a now
not-so-poor farmer tending his
crops in Brazil.
• BROWN: The most widely
available and most affordable
coloured diamonds, they range
from cognac to chocolate.
• BLACK: These stones are
usually opaque, yet they still
display the sparkle and lustre
unique to diamonds.
WHAT TO LOOK OUT
FOR: THE FOUR Cs
Cut, colour, clarity and carat
dictate cost.
“We show customers
the biggest stone they can get for
their money and work backwards
from here,” says Ben Marriott of
Wint & Kidd, who advises people
always to buy from a specialist.
“Buy the colour you love and the
best you can afford,” says Tony
Cox, who specialise in one-off
pieces featuring coloured diamonds
from around £800 (for a
pair of cognac stone earrings).
“We look at 100 stones and only
select five. Not all are lovely.”
You can buy coloured diamonds
online from sites such as
www.diamondcelebrations.com.
If you have £31,964 to spare, it
will get you a 1.08 carat faint
reddish-brown cut-heart shape;
£2,416 buys a .43 carat fancy
intense orange yellow stone.
Or visit a wholesalers – London’s
Hatton Garden, Birmingham’s
diamond quarter,
Antwerp’s diamond district, New
York’s 47th Street and downtown
Dubai – if you are an expert.
Tiffany & Co has got a spectacular
new assortment of coloured
diamonds in its Old Bond Street
store until January.
ALTERNATIVES: COLOURENHANCED
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