Are Black Diamonds More Expensive?

In ‘Sex and The City 2’, Mr. Big finally proposes to Carrie Bradshaw with a unique ring. He uses the words, ‘because you’re not like anyone else’. We can’t help but agree! The ring in question? A gorgeous 5-carat black diamond, framed with small white diamonds in a halo, set in 18k white gold.

Over the last few years, celebrities have embraced the black diamond trend. Blake Lively was spotted wearing black diamond earrings and a neckpiece, while Selena Gomez flaunted a huge black diamond ring. Gwyneth Paltrow wore a stunning black diamond bracelet at the Emmy’s, while Taylor Swift has been sporting them in her music videos. Other singers like Katy Perry, Lady Gaga, and Rihanna have channeled a Rockstar vibe with black diamond statement pieces at events. So, what makes this attractive stone so special?

Where Are Black Diamonds Found?

Black diamond deposits are limited and scarce compared to the colorless diamonds mined worldwide. Surprisingly, natural black diamonds are only found in two locations in the world, Brazil and Central Africa (didn’t we say they are extremely rare). At some point in time, both these geographies used to be adjacent to each other. Hence, they still have concentrated deposits of black diamonds, exclusive only to them.

How Is Black Diamond Priced?

Fancy black diamonds, formed naturally, are priced by carat and quality, just like their white counterparts. They cost upwards of $2,000-$3,000 per carat, depending on the grade of the black diamond. On the other hand, treated black diamonds are procured for as low as $300.

Are Black Diamonds More Expensive?

Fancy black diamonds are not as expensive as colorless diamonds, which is surprising because they’re actually much rarer to find! This is primarily because of two reasons — one, they are lesser in demand; two, they are perceived as ‘flawed’ for having inclusions or fractures. They also tend to be more brittle than clear diamonds due to the fractures and presence of graphite. Naturally-occurring black diamonds are still incredibly precious, but the enhanced and heat-treated ones are far more inexpensive and accessible. When purchasing black diamonds, you must ascertain what you’re paying for. Always ask for a GIA certification for natural black diamonds, and ensure you get your money’s worth.

Are Black Diamonds a Good Investment?

Treated black diamonds are not really considered an investment. Fancy black diamonds, on the other hand, can be viewed as a good investment if you’ve double-checked the grading and also received a GIA certification. Also, look at other factors, such as the gem’s size and the cut, which impact the long-term value of the stone.

Conclusion

No doubt you are in love with the mystical and unusual composition of these shining black gemstones, just the way we are! They are undoubtedly out-of-this-world, in the truest sense of the term! To choose from a range of black diamond rings, necklaces, bracelets, bangles, earrings, and more, visit Gabriel & Co.