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What is the Rarest Diamond in the World?

Published in Rare Diamonds 3 mins read

The Moussaieff Red Diamond is widely considered the rarest diamond in the world, primarily because it is a red diamond, which are the rarest of all natural fancy colored diamonds. While other colored diamonds like blues and pinks are exceptionally rare, red diamonds stand alone at the pinnacle of scarcity.

The Unparalleled Rarity of Red Diamonds

Red diamonds owe their mesmerizing hue not to chemical impurities (like boron in blue diamonds or nitrogen in yellow diamonds), but to a unique phenomenon known as plastic deformation of their crystal lattice during formation. This structural anomaly absorbs light in a way that makes the diamond appear red.

The extreme rarity of red diamonds is astounding. Less than 30 true red diamonds are known to exist globally, and most of these weigh less than half a carat. This makes any red diamond over a carat an astonishing find, commanding exorbitant prices due to their unparalleled scarcity.

The Moussaieff Red Diamond: A Prime Example of Rarity

Formerly known as the Red Shield Diamond, the Moussaieff Red Diamond is the largest Fancy Red diamond ever discovered, weighing a significant 5.11 carats. Its exceptional size for a red diamond, combined with its flawless clarity and vibrant color, makes it one of the most valuable and sought-after gems in existence.

Key characteristics of the Moussaieff Red Diamond include:

  • Weight: 5.11 carats
  • Cut: A striking triangular brilliant-cut, sometimes cited as a trilliant cut. This cut maximizes the diamond's unique color and brilliance.
  • Estimated Value: Up to $8 million, reflecting its profound rarity and beauty.

Discovered in the 1990s in Brazil, this magnificent gem was eventually acquired by the Moussaieff family, prominent jewelers, who renamed it. Its vibrant, unadulterated red color without any modifying hues (like purplish-red or orangy-red) further solidifies its status as a gemological marvel.

Understanding Diamond Rarity

Several factors contribute to a diamond's overall rarity and value. While the "4 Cs" (Carat, Color, Clarity, Cut) are fundamental, the origin and specific characteristics of fancy color diamonds elevate them into a class of their own.

  • Color: Natural fancy colors are far rarer than colorless diamonds. Red is the rarest, followed by blue, pink, and certain shades of green.
  • Size: As diamonds get larger, especially in conjunction with intense color and high clarity, their rarity increases exponentially.
  • Clarity: Flawless (FL) or Internally Flawless (IF) diamonds, which have no inclusions or blemishes visible under 10x magnification, are extremely rare.
  • Cut Quality: An expert cut maximizes the diamond's brilliance, fire, and scintillation, enhancing its overall appeal and value.

Rarity Comparison of Fancy Colored Diamonds

To provide context, here's a general comparison of the rarity levels among the most sought-after fancy colored diamonds:

Diamond Color Rarity Level Notable Examples Primary Cause of Color
Red Extremely Rare Moussaieff Red Diamond Plastic deformation of crystal lattice
Blue Very Rare Hope Diamond, Oppenheimer Blue Boron impurities
Pink Very Rare Pink Star, Graff Pink Plastic deformation of crystal lattice
Green Rare Aurora Green Natural radiation exposure
Orange Rare Pumpkin Diamond Nitrogen impurities, structural defects
Yellow Common (Fancy Yellow is rarer) Tiffany Yellow Diamond Nitrogen impurities
White/Colorless Common (D-Flawless is rarest) Koh-i-Noor, Cullinan I Absence of impurities

The scarcity of red diamonds, exemplified by the magnificent Moussaieff Red, positions them as the absolute pinnacle of diamond rarity and desirability in the world of gemstones.