Red diamonds are the rarest and most valuable diamond color you can find, and they are found in a very limited number of places around the world. Currently, the two main mines where red diamonds are found are the Argyle Diamond Mine in Australia and the Crater of Diamonds State Park in Arkansas, USA.
The Argyle Diamond Mine is the largest diamond producer in the world and is responsible for producing the majority of red diamonds, with as much as 90% of the world’s total red diamond supply. The mine is owned by the Rio Tinto Group, and it is located in the East Kimberley region of Western Australia.
The second source of red diamonds is the Crater of Diamonds State Park in Arkansas, USA. It is the only diamond-producing site in the US, and it is open to the public for recreational diamond prospecting.
This mine is known as the Diamondfield Jackson and has produced some high-grade red diamonds as well.
How many red diamonds have been found?
Red diamonds are incredibly rare and the majority of them remain unknown to the public. The Gemological Institute of America currently has the largest collection of diamonds in the world, with many of them being red.
In 2015, the Institute reported that there were three known faceted red diamonds in the world, along with numerous smaller stones. Since then, a few more have been discovered across the globe, but the exact number remains unknown.
In addition, a variety of non-faceted natural red diamonds have also been uncovered, though exact numbers are difficult to come by due to the stones not being commercially available. Some industry experts estimate that there are around 100 red diamonds with varying sizes and values in circulation, but the exact number remains a mystery.
Can you still find red diamonds?
Yes, you can still find red diamonds. Red diamonds are incredibly rare and extremely valuable. Despite their scarcity, red diamonds can still be found in some collections around the world. The Argyle diamond mine in Australia is currently the only reliable source of natural red diamonds and stars like Rihanna, Jennifer Lopez, and Kim Kardashian have all proudly worn pieces of red diamond jewelry.
Red diamonds get their color from trace amounts of the chemical element boron that is found in their crystal lattice. The color is determined by the amount of boron in the stone. Because of their rare beauty and scarcity, red diamonds often come with a hefty price tag.
Depending on the size, clarity and color of the diamond, a one carat red diamond may cost anywhere between $200,000 and $1 million.
Be sure to look for diamonds that have been certified by a reputable gemological lab. One way to make sure you’re getting a great red diamond is to purchase from a well-known online retailer. It is also possible to invest in red diamonds as a form of tangible asset for safekeeping.
Investing in rare gems like Red Diamonds may be a more secure option than other investments. Purchasing red diamonds can be a worthwhile endeavor, though you should be sure to do your research before investing.
Who owns the most red diamonds?
The Moussaieff Red Diamond is currently the world’s largest red diamond, owned by Shlomo Moussaieff, an Israeli jeweler and businessman. The 5. 11-carat diamond is considered one of the rarest and most valuable diamonds in the world, estimated to be worth between $20 and $30 million.
There are other red diamonds in circulation, however none as large as the Moussaieff Red Diamond.
How much is a red diamond worth today?
The value of a red diamond is highly dependent on a variety of factors, such as quality, size, shape, color intensity, and more. As such, the value of an individual red diamond can vary widely and prices can range from just a few hundred dollars up to tens of millions of dollars.
For instance, in 2011, an unnamed bidder commissioned a 5. 11 carat Internally Flawless Fancy Red Diamond for around $5. 9 million, while a 2. 09 carat Fancy Intense Purplish Red Diamond was auctioned off in 2013 at a starting price of $678,000.
In contrast, lower grade diamonds with less intense color can often be found for under $400. Therefore, it can be difficult to determine an exact price for a red diamond without first assessing its individual characteristics.
What is rarest diamond color?
The rarest diamond color is a pinkish or red diamond. Red diamonds are among the rarest and most sought-after of diamonds, accounting for less than 0. 1 percent of all naturally occurring diamonds, and are generally 10 to 100 times more expensive than white diamonds.
Red diamonds are considered so valuable because the color is the result of impurities in the atomic lattice of the diamond; specifically nitrogen and boron atoms. The hues range from light pink, to fancy intense purplish red and fancy deep purplish red, and are the only colored diamonds to be assessed, valued, and graded against a stellar color scale (D-Z).
Furthermore, like other colored diamonds, the strength and presence of the coloration play a major role in the “value” of a red diamond.
Are blood diamonds still being sold?
Yes, unfortunately, blood diamonds are still being sold. Blood diamonds, also known as conflict diamonds, are diamonds mined in war zones where the profits are used to finance military operations and civil wars.
The illicit diamond trade continues to be a thriving business in several African countries, such as the Central African Republic (CAR), Angola, Liberia, Sierra Leone, Zimbabwe, Democratic Republic of the Congo (DRC) and Ivory Coast.
Many of these countries have suffered from dynamic and violent civil wars that have left millions displaced and dead. The illicit diamond trade has been linked to human rights abuses, including rape, torture, murder and displacement, and continues to be a major source of funding for armed rebel groups.
In 2000, the Kimberley Process (KP) was established to help combat the trade of conflict diamonds. The process sets standards for rough diamond production and trade that are designed to ensure that diamonds are conflict-free and are not being used to finance the various and cascading geopolitical, economic and human rights crises in Africa.
While the KP has helped to reduce the overall number of conflict diamonds in the global market and improve transparency in the diamond trade, there are still reports of diamonds being smuggled out of conflict zones and entering the mainstream market.
In addition, recent reports suggest that some African countries may have falsified their reports on production and export of diamonds in order to gain access to the international diamond market, which could mean that conflict diamonds may still be ending up in the mainstream market.
Furthermore, problems of conflict diamonds and diamond-funded military operations continue to exist because demand remains high in many places. It is important to ensure that the diamonds that are bought and sold are conflict-free, and the only way to do this is to be proactive in seeking out and monitoring the sources of diamonds.
How much is Beyonce Blood Diamond?
Unfortunately, Beyonce’s Blood Diamond is not an item available to purchase. It is the title of a song that Beyonce released on her sixth solo album, Lemonade, which was released in April 2016. The song itself is a metaphor for the trials, tribulations and success that one experiences in life.
It talks about how strong and powerful one can be, but ultimately how no diamond or material item can outshine the beauty and power of the heart and soul.
Are red diamonds Rarer Than Rubies?
Red diamonds are, in fact, much rarer than rubies. While rubies can be relatively easy to find, particularly if they are treated, natural red diamonds are incredibly difficult to come by. Red diamonds also tend to be much more expensive than rubies, as they are seen as incredibly desirable and luxurious.
The rarity of red diamonds can be attributed to several factors. To begin with, they are created through a combination of two chemically different minerals – corrosion of iron and the presence of chromium.
This combination is incredibly unusual, and is thus only found in certain parts of the world.
In addition, red diamonds are also incredibly difficult to find, as they are incredibly small. The rarest of these diamonds, called “Fancy Reds” can range from 0. 05 to 0. 07 carats, which means that they are only visible through a microscope.
Ultimately, red diamonds are much rarer than rubies, as they are incredibly difficult and expensive to find. As they become even rarer and more expensive, they are increasingly seen as a status symbol within the diamond industry.