Article: What are fancy diamonds?

What are fancy diamonds?
Diamonds in the normal color range are colorless to light yellow and are described using the industry's DZ color scale. fancy diamonds are diamonds that have a color above the Z range. These rare specimens come in every color of the spectrum.
Diamonds in the DZ range usually lose value as the color becomes more obvious. On the contrary, Fancy diamonds. Their value usually increases with the intensity and purity of the color. Large, vibrant fancy diamonds are extremely rare and very valuable. However, many colors are muted rather than pure and strong. Fancy diamonds come in almost every color imaginable. Red, green, purple, and orange tend to be the rarest, followed by pink and blue. Yellow and brown colors are the most common fancy colors , but are generally considered less valuable than the rarer colors. Blacks, grays, and fancy whites are also considered fancies. The 67.50-carat Black Orloff Diamond, named after Russian Princess Nadia Vyegin-Orloff, is the most famous example.
Spectacular prices at high-profile auctions are another factor in the increased awareness of fancy diamonds. However, not all colored diamonds achieve such high prices. Many people, for example, consider brown fancy diamonds less desirable than nearly colorless stones of the same weight and clarity.