Introduction

Diamonds are the most popular gemstone on the planet and come in various colors, shapes, and sizes.

The four C's - Cut, Clarity, Color, and Carat - all play an essential role in determining value. But what else should you consider when choosing your perfect diamond? Here are some of the most common types of diamonds:

Colored diamonds

Colored diamonds are rare and, therefore, expensive. They're graded by color, clarity, cut, and carat.

The Gemological Institute of America (GIA) is the most recognized grading laboratory in the world for colored diamonds.

In addition to its grading services for white diamonds and colored gems other than diamonds (called fancy colored), it also provides certification services to clients interested in determining whether their jewelry is real gold or platinum.

Besides its headquarters in New York City, GIA operates four laboratories in North America: one each at its offices in Washington DC; Los Angeles; Chicago; and Montreal; as well as two international centers: one at Hong Kong International Airport and another at Dubai International Airport.

- both located near major hubs where most traveling gemologists go through customs when returning home from abroad after buying gemstones overseas with plans to sell them later on eBay or Craigslist."

Champagne fancy color diamonds

Champagne fancy color diamonds are a type of fancy colored diamond. The name stems from the fact that these diamonds have a yellowish tint, which is what champagne is made of.

Champagne diamonds are rare and expensive because they're hard to find and take longer to cut than other colors.

They can cost up to 200,000 per carat, but it's not unheard of for them to exceed 1 million per carat.

Champagne fancy color diamonds aren't as expensive as white diamonds because they tend to be smaller (usually below 3 carats). Still, they're excellent if you want something extra special without breaking the bank.

Cognac fancy color diamonds

Cognac diamonds are yellow diamonds bleached in a solution of sulfur dioxide, hydrogen peroxide, and potassium permanganate, giving the stone its characteristic brownish tint.

Although they were once considered less valuable than other fancy color diamonds, cognac diamonds are now one of the most popular colors on the market.

You might wonder why these stones are called “cognac” instead of something else.

This name comes from their resemblance to the coloration of fine brandy made in France's Cognac region—and it's not just a coincidence.

Cognac can be found at many different price points and is not rare; however, if you're looking for a substantial piece or something eye-catching (like a vivid pink diamond), then it may be harder to find at an affordable price point than some other colors like blue or green.

White diamonds

White diamonds are the most common type of diamond, accounting for over 50 percent of all mined diamonds.

They are also the purest color with no color impurities at all. White diamonds are typically used as accents in jewelry pieces, or they can be used as center stones in engagement rings and wedding rings.

White diamonds have a stunning look on their own or when paired with other colored gems like sapphires or rubies.

After white diamonds, yellow is the next most popular color type among customers looking to buy colored gemstones like emeralds, aquamarines, and topaz, but not so much for garnets because they don't match well with gold hues found in many jewelry designs that use yellow gems like citrine (mildly orangey) or peridot (bright green).

Yellow is also one of two colors that can be considered rare; pinks being another since less than 1/10th of 1% of mined stones are pink, meaning only about 100 million carats were produced throughout history.

Conclusion

We hope this article has helped you to understand the difference between the different types of diamonds.

Diamonds can be a beautiful addition to any jewelry collection and are also an excellent investment. The type of diamond you choose depends on your personal preferences and budget.

If you're looking for something unique or affordable, colored diamonds may be just what you're looking for.