Allow us to introduce you to the fancy red

How rare are red diamonds?

Unlike other coloured diamonds, the red diamond is only ever found in 1 shade, namely the ‘fancy red’. The colour is supposed to be the result of deformations in the crystal lattice. Having said that, even the experts at GIA can’t explain the red colour. To date, only 20 to 30 red diamonds have ever been found right across the world.

Most red diamonds weigh less than half a carat. But even buying small red diamonds is an expensive affair.

How much can you buy red diamonds for?

In contrast to colourless diamonds, there is no fixed price for coloured diamonds. The price is determined during an auction. Red diamonds will generally soon cost you more than 100,000 dollars from 0.2 carat. The record price ever paid for a red diamond was noted in Hong Kong a few years ago and was a grand total of 5 million dollars.

The most expensive red diamond in the world is the Moussaiëff Red Diamond. This is worth 7 million dollars and, with its 5.11 carat, is also the biggest red diamond.

What makes the Moussaiëff Red Diamond unique?

Its rare colour and size! The rough stone weighed 13.9 carat when it was first found in the nineteen nineties by Brazilian farmers in the Abaetezinho river in the Alto Paranaíba region. The diamond was bought and cut into a triangular brilliant by the William Goldberg Diamond Corp.

It was bought by Shlomo Moussaiëff in 2001, an Israeli-American jewellery merchant from London.

Are you interested in buying coloured diamonds yourself? Contact BAUNAT’s experts via telephone, email or chat. Are you looking for a more affordable alternative to jewellery with coloured diamonds? Take a look at our collection of jewellery with rubies, sapphires and emeralds.