The largest red colored diamond ever sold is named the Moussaieff. It weighs a total of 5.11carats. Supposedly the Moussaieff, which is cut into a triangular brilliant cut pattern, was found by a Brazilian farmer. Who says farm work doesn’t pay? The gemstone was reported to have weighed around 11 carats before it was cut.
Other examples of the extremely rare red colored diamond gemstones are held in off-limit private collections and in a handful of investors’ portfolios. A few more are held by museums. Of course, with a commodity so small that it could be hidden in a thimble, and so valuable that wars are fought over them, some owners prefer to remain anonymous.
Red Colored Diamond Investment
I was not able to easily locate any source that had a red colored diamond for sale. That does not mean that one does not exist. Therein lies the opportunity for a wiley and rich investor. If you can locate one of these for sale and can afford to buy it, you most certainly will be able to eventually profit from the transaction. With an item so rare that only twenty may exist in the world, there is no doubt that demand will outstrip supply forever.
Blue Colored Diamonds
If you just can’t afford a diamond like the Moussaieff, then you may want to consider a blue colored diamond. The price for the blue stones starts at just over $500,000 per carat, which isn’t really that much considering a diamond is forever. Recently one of the blue ones sold to the same owner of the Moussaieff. It sold for around $1 Million per carat.
Turn Your Loved One into a Red Colored Diamond
Perhaps you find the blue and red diamonds to be out of your price range. I have just the solution. A company called LifeGem reportedly can turn the cremated remains of a loved one into a diamond. It just so happens that the most expensive offering is a red version. It may only cost you $25,000. Check with the manufacturer for current pricing.
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