Diamonds

Blue Diamonds - What You Should Know

Blue Diamonds - What You Should Know
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Posted in: Diamonds, Jewelry

With popularity on the rise for fancy colored diamonds, Beverly Loan Company has seen a large increase in stunning blue diamonds coming in for a collateral loan. Many of their clients have shown a rising interest in collecting, selling or obtaining a short-term collateral loan against blue diamonds. Below you will find a quick guide to blue fancy diamonds, and for even more information, we recommend calling, emailing or walking into Beverly Loan to confidentially talk with their loan officers- who were trained at the Gemological Institute of America.

Blue diamonds get their color from trace amounts of Boron that have infiltrated the stone and taken the place of some of the Nitrogen that usually creates a diamond and gives it its lack of color. These brilliantly colored stones are extremely rare and arguably the most desired fancy diamond in the world. The most prolific blue diamond mine is the Cullinan mine in South Africa, however other blue diamonds have been found in India and Lesotho.

While there is no definitive guide for pricing these kinds of diamonds, fancy vivid blue diamonds over 3 carats can easily fetch more than 1 million per carat at auction.The most famous blue diamond in the world, the Hope Diamond, is located in the Smithsonian Museum, but the most expensive blue diamond is called “The Oppenheimer Blue” that sold for 57.7 million dollars in May 2016.

Diamonds come in many colors, including green, red, pink, yellow, orange and of course blue. Designers like Bulgari, Tiffany & Co., Harry Winston, and Graff have also increased their usage of blue diamonds in their jewelry pieces. While they are very rare and unique, the rise of these stones with the rich and famous of Beverly Hills has become noticeable.

To inquire with the ‘Pawnshop to the Stars’ about these diamonds, please call at 310-275-2555 or email info@beverlyloan.com

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