A blue diamond is a naturally occurring rarity in stones. Historically, India has been the greatest producers of the blue diamond but today South Africa is the largest producers of the rare diamond.
Types of Blue Diamond
There are a few kinds of these special diamonds, and some are variations of the precious blue stone, while some of these variations are more readily available than the hard to find natural blue diamond, the price also varies significantly among the different types of these colored diamonds.
A natural irradiation is the primary cause color in diamonds, and it is boron that causes the blue specifically in diamonds.
There is the pure blue diamond, these are the hardest to find and also the most expensive. Then there is the blue diamond with secondary colors, green or gray. The green-blue diamonds are much more desirable than the gray-blue diamonds; however the gray-blue stones sell for substantially less money, making them a great choice for those who want to own a blue diamond without the heavy price tag.
Where Do You Find A Blue diamond?
Since demand greatly out numbers the available supply of blue diamonds, they can be difficult and very expensive to acquire. If you are lucky enough to find a blue diamond, be prepared to shell out the cash for it!
They can be found at auctions, which do not give a reliable market price for these special diamonds, as people who want them bid against each other driving up the price. At an auction at Christy’s in 1995, a blue diamond sold for over two million dollars.
If you are in the market for a diamond that is blue, good luck finding one, not to mention being able to afford the price of these rare stones. Occasionally some high end jewelers will carry this type of diamond, or auctions are another source to try to find a prestigious blue colored diamond.
The Most Famous Blue Diamond
The Hope Diamond is the most famous blue diamond. The Hope diamond came from Golconda, India and was sold to King Louis XV in 1668. This diamond was passed down to many French kings through the generations until it went missing during the French Revolution in 1792. It was then cut to alter the diamond’s appearance when it resurfaced in 1830, and got its name from one owner, Henry Philip Hope. The stone became a bad luck symbol as many of its owners ended up dying tragically.