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The rarer the stone the more expensive. Pink Star Diamond The honor of Most Rare and Expensive Gem goes to the Pink Star Diamond.
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When it was put up on Sothebys auction block in 2013 the Pink Star went for a jaw-dropping 832 million.
. This stunning beauty weighs in at a hefty 596 carats. Generally the cost per carat or weight of a gemstone is based upon a stones rarity. Diamonds are expensive because theyre so rare.
In fact compared to other gemstones theyre the most common precious stone found. One of the most famous blue diamonds of all time is the Hope Diamond with an estimated value of around 300 million. These rare specimens come in every color of the spectrum including most importantly blue green pink and red.
Diamonds are not particularly rare. Fancy color diamonds on the other hand are yellow and brown diamonds that exhibit color beyond the Z range or diamonds that exhibit any other color face-up. A blue diamond owes its color to boron impurities and its shade to either hydrogen or radiation exposure.
Green-blue diamonds are due to radiation while hydrogen creates gray-violet or gray-blue diamonds.
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