What About an Engagement Ring with Color Diamonds?

A color diamond may be special — but is it right for an engagement ring?

First, Some Background About Diamond Color

As you may have noticed, colored diamonds have become a hot trend among celebrities and trend-setters. It's a big change because traditionally, diamonds have been valued for lack of color. In fact, "colorless" diamonds still – and probably always will – gain the highest grades by some gem labs.

But many colored diamonds are very valuable, like the 45-ct. blue Hope Diamond, and a 24-ct. fancy intense pink diamond ring that set the record for the most money paid for a jewel at auction – more than $46 million – in 2010.

What Colored Diamonds Are Out There?

Diamonds come in a wide range of beautiful colors:
  • Red to pink
  • Green and violet to blue
  • Yellow and brown to black

Some of these (red, blue and green) are very rare and costly. In fact, unlike "colorless diamonds", the deeper the color – from a range of nine saturation levels – the greater the value.

Choosing a Colored Diamond for an Engagement Ring

Given their growing value and popularity, there's every reason to consider a colored diamond for your engagement ring. Reasons they might be right for you:

Your fiancée likes to be a trend-setter
Fashion-forward colors like cognac or Le Vian Chocolate Diamonds® in rose gold might thrill her.

She loves romance and glamour
If she's fascinated by sophistication and elegance, a colored diamond can bring real glamour into her life.

She's drawn to a particular color
An engagement ring with a diamond that reflects her favorite color could be a major win.

Color has meaning for you and her
Many believe that red symbolizes true love, blue reflects peace, and yellow signifies selflessness. How wonderful if a ring could communicate what's important to you both.

How to Acquire a Colored Diamond Affordably

You don't have to shop a big auction house to find a fancy-colored diamond. A more affordable option is to shop for color-enhanced diamonds.

These are natural diamonds that have been treated in order to change their color. High-pressure high-temperature treatment (HPHT) turns some yellowish diamonds into more vivid colors. Irradiation and heat treatments are other methods that enhance or create color.

Keep in mind that there can be a price variance between natural colored diamonds and enhanced colored diamonds. Any treatments or enhancements made to diamonds should be disclosed prior to purchase. When shopping online, look for the term "enhanced" to reflect that a diamond has been treated to permanently alter its color.

You can find a selection of colored diamond engagement rings online at Zales.com. Or visit your local Zales retail store and talk with a knowledgeable jewelry consultant. They will be able to show you their selection of colored diamond options and help find the perfect engagement ring for her.