The diamond that most people think of as the traditional or ideal diamond is, in truth, totally colorless. It’s this absence of color that gives a diamond its great value. Even the slightest tinge of yellow or brown in a white diamond will decrease its value. The presence of color in an otherwise ideal white diamond shouldn’t be confused with a fancy colored diamond, whose value is based precisely on the quality of its color.
To keep it simple, just remember that diamonds are found in three categories, White Diamonds, Fancy Natural Colored Diamonds and Color Treated Diamonds:
White Diamonds, diamonds falling within GIA’s D to Z color grading scale, traditionally used for engagement rings and fine jewelry
Fancy Natural Colored Diamonds, diamonds with faint to vivid saturations of hues such as blue, yellow, or pink, frequently used for fashion jewelry.
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