When searching for the right stone for a ring setting or a new pair of earrings, a blue diamond can be a beautiful selection that will last forever. Loose blue diamonds are prized for their rarity and the deep shades of blue and gray that makes them spectacular.
A perfect diamond will theoretically contain no impurities and be transparent. However, the truth is that all diamonds have certain degrees of impurities within them. A blue diamond’s color varies depending on the intensity of the element boron within it. This can either enhance the stone or detract from its appearance and value. The process takes hundreds of millions of years and creates a stone that exhibits exquisite beauty.
Several loose blue diamonds have gained fame through the years. The Hope Diamond is probably the most famous. Sold to King Louis XIV in the 17th century, it weighs 45.52 carats. It was originally called the Tavernier Blue, but the name was changed when it was bought by Lord France Hope. It is now on display at the Smithsonian Institute.
The largest blue diamond ever found is the Idol’s Eye, which weighs 70 carats. Another large diamond, the Wittelsbach Diamond, was sold for $24 million in 2008. It is internally flawless and weighs 35.56 carats. Another 7.03 unnamed jewel was set in a platinum ring and sold for $14 million in 2003. Perhaps, the most famous blue diamond is completely fictional. The Heart of the Ocean, which was brought to life in the blockbuster movie “Titanic,” was a heart-shaped blue diamond given to the main character. As a noteworthy follow-up, the actress who portrayed Rose, Gloria Stewart, wore a stunning 15 carat blue diamond necklace worth $20 million to the Academy Awards.
Diamond collectors should take note that these diamonds can also be viewed as investments. While the economy is known to fluctuate, it’s nice to have the options of reselling your diamond pieces. Depending upon investment portfolios, some buyers can’t afford loose blue diamonds. Many people believe that because the value of famous diamonds is so high, their own investments will have a high return as well. This isn’t necessarily the case.
Loose blue diamonds are among the most beautiful pieces of jewelry in the entire world. Whether throughout history or through the media – these gorgeous diamonds have always drawn some serious attention. Because of their rarity and extreme beauty, they will always be among the most sought after colored diamonds on the planet.