Buying A Colored Diamond Engagement Ring

The most famous diamonds in the world are colored diamonds so why shouldn't you have one in your engagement ring? You could get a yellow diamond like the Tiffany diamond or perhaps a blue like the Hope diamond. Another very popular color is pink. In fact, colored diamonds are becoming quite a trend among celebrities as well as everyday people.

Plus buying a colored diamond for your ring may be a better investment. Color diamonds have an amazing financial track record. In over 30 years, the value of colored diamonds has never decreased on wholesale level. In fact, the pink and blue diamonds have doubled every 5 years in a strong economy. If you have invested in a colored diamond you could make a killing, in fact a high quality blue diamond could go for $50,000 in the 1970s and that same In the 1970's stone would be worth between 2 and 3 million today!

While natural colored diamonds are quite expensive, gemologists have developed new ways to create versions that are affordable for the average person. They do this by treating the less desirable diamonds with irradiation followed by intense heat. This amazing process turns brown and yellowish diamonds into beautifully colored diamonds that you can afford. It can also produce stunning greens, blues, yellows, reds, purples and other colors. Although these colors are considered permanent, there is a possibility they could change during repairs if a high heat is used.

If you are shopping for an engagement ring with a colored diamond stone, you should probably assume that anything remotely affordable has been treated. If you are not sure ask about the stones origin and request to view a lab certificate to verify authenticity.

Another type of colored diamond that is affordable is a synthetic colored diamond. These are real diamonds that are grown in a lab. As they are grown, the natural coloring and process of diamond formation is simulated. Natural fancy color diamonds get their coloring from different trace elements like nitrogen and other minerals that are present in the stones. Lab created diamonds can be colored by exposure to radiation during its creation. An example of a diamond affected by radiation is a Green diamond.

Another way that a natural colored diamond gets color is by its inclusions. Interestingly enough, inclusions are regarded as flaws in a colorless diamond and are very undesirable, but in a colored diamond the inclusions give unique tones and brilliant flashes of color and are desirable.

When shopping for your engagement ring, remember that natural fancy colored diamonds are extremely expensive, and any colored diamond which is labeled to be sold as a natural colored diamond should be accompanied by a certificate from a respected grading lab verifying it as such.

Author Bio
Lee Dobbins is a jewelry designer and owner of Artisan Jewelry Online where you can find out more about handmade jewelry, diamonds and other gem stones.

Article Source: http://www.ArticleGeek.com - Free Website Content

Where Diamonds Come From

It's hard to believe that that beautiful, brilliant stone in your ring was once sitting in the earth, isn't it? But it was and there's quite a few diamonds still there in fact about 120 million carats of diamonds are mined each year. There are currently two methods of mining diamonds: Alluvial Mining and Pipe Mining.

The Alluvial mining method is done on beaches and in riverbeds. When using this method, the water and sand on the bank are held back with man made walls, or a bulldozer is used to move the beach until the level of earth containing diamonds is reached. The diamonds are not sorted right there, instead the sand that has the diamonds in it is loaded into trucks and taken to screening plants.

With pipe mining, the diamonds are extracted from the earth through volcanic pipes. These pipes are natural - not man made. Shanks are put in the ground next to these pipes, and then tunnels are driven into the deepest parts of the pipe. Using this method, gigantic rocks that are full of diamonds are taken out of the mine and then moved to screening plants for sorting.

There are many diamond mines in operation around the world. Some of the major ones include:

The worlds largest diamond mine is Orapa which is located 240 Km west of Francistown. This mine is owned by a partnership between the government of Botswana and DeBeers named "Debswana". The mine operates 7 days a week and is the oldest one owned by Debswana. It offers schools for its employee's children as well as a hospital and game park. Orapa began production in 1971.

The Argye mine I slocated in the Kimberley region in Western Australia. Owned by Rio Tinto, this mine has the distinction of being the world's largest single producer of volume of diamonds. Unfortunately there is a low proportion of gem quality diamonds so it is not the value leader. It does, however, produce 90-95% of the world's supply of pink diamonds.

Diavik is another mine owned by Rio Tinto and located in Canada. It is on an island north of Yellowknife and south of the Artic Circle. The island, connected by an ice road is an important part of the regions economy and employs more than 700 people. This mine produces more than 8 million carats annually.

Ekati diamond mine is located south of the artic circle in the Northwest Territories of Canada and owned by BHP Billiton. The Ekati is Canada's first operational diamond mine and the diamonds are sold under the Aurias trade name.

The Baken diamond mine is located in South Africa along the lower Orange River. It is owned and operated by Trans Hex. The average size stone for 2004 was 1.29 carats. In 2004, this mine produced a 78.9 carat D color flawless diamond that sold for more than 1.8 million dollars (US), as well as a 27.67 pink diamond that was sold for over 1 million US dollars.

The largest diamond ever was produced by the Premier mine in Cullinan, South Africa in 1905. Named The Cullinan Diamond it weighed a whopping 3,106.75 carats. This same mine also produced the Golden Jubilee diamond which weighed in at 545.67 carats. In 2003, this mine, owned by De Beers was renamed The Cullinan Diamond Mine.

Author Bio
Lee Dobbins is a jewelry designer and owner of Artisan Jewelry Online where you can find out more about handmade jewelry, diamonds and other gem stones.

Article Source: http://www.ArticleGeek.com - Free Website Content