Basic facts about natural fancy purple colored diamonds.
Purple diamonds can have their color for two different reasons – into the violet range, the color is caused by the existence of hydrogen in the atomic structure of the crystal and into the purple-pink range the color can be caused by the post growth plastic deformation of the crystal due to high pressure after the diamond was formed millions of years ago.
Most often purple diamonds will come with secondary hues like grey, pink, brown or red.
They are mined in Brazil, Australia, Siberia and Northern Asia and very rarely found in bigger sizes over 2ct.
The color purple symbolizes magic, mystery, royal power and often related to meditation and religion.
Famous purple diamonds
One of the largest purple diamonds to date is “The Royal Purple Heart”, mined in Russia. It is a fancy vivid purple heart shaped diamond of 7.34ct.
The famous basketball player Kobe Bryant gave his wife an 8 carat fancy colored purple diamond ring, valued $4 Million USD in 2003, as an apology for infidelity, 3 days after he was charged with rape.
Investing in purple diamonds
Because of their extreme rareness and continuously growing demand, the prices tend to double every 5 years which makes them a very good investment – if you can find one!
The pure purple diamonds tend to be almost as rare as red diamonds. They are far more valuable without with secondary hues with the exception of purple-red diamonds which are equally valuable as the pure purple diamonds. For investing purposes diamonds with more intense and pure colors will present the best opportunities.