Unfortunately it is impossible to answer this question with any certainty as the exact number of remaining red diamonds is not known. The amount of natural red diamonds is incredibly rare as only around 0.01% of all diamonds mined are red.
The amount of synthetic red diamonds is also difficult to estimate as it is created in laboratories and therefore is not mined. Depending on the purpose for the query, it is possible to look into the production and purchase of red diamonds to get an estimation of how many are available.
Are there still red diamonds in the world?
Yes, there are still red diamonds in the world. Red diamonds are among the rarest and most valuable diamonds in the world. As of 2019, around only 20-30 natural red diamonds have been identified over the past four centuries.
Red diamonds are one of the fantastically rare varieties of diamonds, with the color caused by the presence of an element called nitrogen. While the majority of red diamonds have been less than one carat, the largest red diamond ever discovered is the 5.1 carat Moussaieff Red Diamond, found in 1990.
Red diamonds are known for their incomparable color and beauty, but their rarity, uniqueness and glamour have made them some of the most sought-after gems on the market today.
Who owns the largest red diamond?
The current owner of the largest red diamond in the world is the American jewelry firm, Cora International. The diamond, known as the “Pumpkin Diamond”, is a 5.03-carat Fancy Vivid Orange-Red diamond that was discovered in South Africa in 2019.
It is the largest graded red diamond in the world and has been valued at an estimated $1.1 million per carat. Cora International, who purchased the diamond in 2020, has already set it in one of their unique jewelry pieces, adding even more to its already remarkable value.
What is rarer than red diamonds?
Red diamonds are considered one of the rarest and most valuable of all colored diamonds. Although there are other varieties of natural colored diamonds, red diamonds are estimated to make up less than one-tenth of 1% of all mined diamonds.
As such, there are some variations of colored diamonds that are much rarer than red diamonds.
For instance, pink diamonds are an example of a diamond rarer than red diamonds, with fewer than one in every 10,000 gem-quality diamonds being pink. Other rarer varieties of colored diamonds include orange, yellow, green, blue, and black diamonds.
Orange and yellow diamonds are believed to be the two rarest naturally-occurring shades, while green and blue diamonds require extremely rare natural conditions in order to form. Finally, black diamonds are extremely rare and are usually a result of chemical treatments and other human interventions.
Are red diamonds Rarer Than Rubies?
Yes, red diamonds are generally considered to be rarer than rubies. This is because there is a much larger supply of rubies than red diamonds. Rubies are some of the most common stones used for jewelry, and they can be found in a variety of sizes and colors.
Red diamonds, on the other hand, are extremely rare. Even if two diamonds are the same size and color, the red diamond is likely to be more expensive due to its rarity. Additionally, red diamonds must pass a strict set of criteria to be certified as genuine red diamonds.
This adds to the overall rarity of red diamonds, making them much more valuable than rubies.
Where are red diamonds mostly found?
Red diamonds are the rarest kind of diamonds and are found most predominantly in the Argyle Mine in Western Australia. This mine is the only known source of red diamonds in the world, producing 95% of the red diamonds on the market.
They have also been found in a few other locations around the world, including Central Africa, Brazil, and India, but the Argyle Mine is the most extensive source. Red diamonds are extremely rare and sought after due to their vibrant red color which can range from violetish-red to purplish-red.
Very few stones exist with a strong red color and are usually of a low carat weight, making them very expensive and highly valuable. For this reason, they are usually only found in jewelry stores and are not readily available on the market.
Are blood diamonds still being sold?
Yes, unfortunately blood diamonds (also known as conflict diamonds) are still being sold today. Despite international efforts to stop the trade of them, the diamonds from conflict zones have continued to enter mainstream markets where they are sold to buyers unaware of their true origin.
This is concerning, since the profits from the sale of these stones can often be used to finance conflicts and rogue states, with militia and war-torn regions involved in the mining and trading of them.
In an effort to crack down on the trade of these diamonds, the Kimberley Process was established in 2003. This certification scheme works to distinguish conflict diamonds from those that are legitimately mined and traded.
While this has helped to decrease the number of conflict diamonds in circulation, they can still find their way into markets. To ensure the diamonds you buy are conflict-free, look for the Kimberley Process Certificate and don’t forget to always verify the source of the diamonds.