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Blue Diamonds

Another favorite among popular fancy colored diamond would be blue diamonds. The thought of a blue diamond brings to mind the world's most famous stone: the Hope diamond, set in platinum and currently in the Smithsonian. It started off as a tremendous 112 and 3/16th carats, and was later cut and re-cut down to 44.5 carats. Now that the Hope Diamond is off the market, you will have to settle for lesser known alternatives while shopping for this beautiful gem.

Recently, a blue diamond can be created by irradiating colorless ones, then heat treating the it in order to stabilize the color. This process only works for a small percentage of gem, thus perserving their value and worth. A blue diamond, either natural or treated, are still rare and remain as one of the most desirable among all fancy colored gems.

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