That is 926 000 per carat but today such a diamond would fetch far more.
Natural red diamond price per carat.
Example with actual diamonds.
The value of a red diamond.
Red diamonds are priced per carat as all diamonds and their per carat price is 300 400 higher than the per carat prices of the next most expensive diamonds pink diamonds and blue diamonds.
We would calculate the price of that carat by multiplying 2500 x 0 5.
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The hancock red in contrast was sold in 1987 for approximately 880 000.
The hancock red is one of the most famous red diamonds.
The first valuation criteria for colored diamonds is therefore the type of color and the intensity of this color.
This stone is gia certified fancy red without any modifiers.
The moussaieff red sold for nearly 8 million back in 2001 placing its value at 1 6 million per carat.
How to calculate price per carat.
The per carat price increases as the weight and the quality increases.
Other natural red diamonds in that class are the hancock red diamond the rob red and the supreme purple star which changes into deep vivid purplish red when rotated in the light.
The hammer came down at 880 000 a remarkable 926 315 per carat eight times its pre sale estimate.
This stone is priced at over 850 000 per carat.
Red diamonds are very expensive the per carat price is 300 400 percent higher than the per carat prices of any natural colored diamond.
For those wishing for a red diamond but not looking to pay for a predominantly red stone should consider a red diamond with a modifier.
At the time of its sale in 1987 it was the most expensive per carat gemstone ever sold at auction.
As mentioned earlier the red diamond is a rare specimen.
The red diamond sold for 880 000 a price of 926 000 per carat eight times its pre sale estimate.
Red diamond engagement ring settings.
Meaning that the price per carat of a 1 carat diamond is higher than the price per carat of a 0 99 carat diamond and thus the increase in total price is more than the 1 of the weight much more.
However we need to consider the other cs of a diamond color clarity and cut.
Purplish red diamonds tend to offer the most beautiful selection.
For instance if one carat costs 2500 a 0 5 carat diamond would cost 1250.
Only a handful of red diamonds are discovered on an annual basis throughout the world and most of them do not exceed 1 carat.