Fancy Yellow Diamonds – Canary Yellow Diamonds

If you’re out there looking for the best fancy yellow diamond for your money, then please contact me and let me know your budget and what you’re looking for. I’ll sift through the available inventory online and send you a list of 4 or 5 suggested stones to choose from that fit your needs the best. Unlike the other sites, I’m not looking to sell you anything – my advice is objective and in your best interest. The service is free, and there is absolutely no commitment to buy any of my suggestions. You have nothing to lose!

Yellow Diamonds – The Perfect Intro to Fancy Colors


Different Yellow Diamond Color Intensities

For someone looking for an affordable introduction into the world of fancy color diamonds, fancy yellow diamonds, or canary diamonds as they are often called, are the perfect alternative.  As you probably already know, the color scale for white diamonds runs from D to Z.  But when you think about it, there is really a continual scale all the way from D color pure white all the way through to a Fancy Vivid Yellow diamond.  On one end of the spectrum you have completely white without any traces of yellow whatsoever, and on the other end of the spectrum you have a diamond fully saturated with yellow and no traces of whiteness whatsoever.

The reason I’m mentioning this is simply to drive home the point that yellow diamonds are quite common.  Other colors, such as pink diamonds, are so rare because they don’t fall within this color scale I described above which covers 99% of all the gem quality diamonds mined in the world.  Because of their commonality, relative to other fancy colors, yellow diamonds can be rather affordable.

1.21 Carats Fancy Light Yellow Diamond

Fancy Light Yellow diamonds, for example, will price out similar to a J color white diamond.  Take these two stones as examples:

1) 1.21 Carats, Fancy Light Yellow, VS2 Clarity, Radiant Cut, GIA Certified – $4460

2) 1.21 Carats, I Color, VS1 Clarity, Radiant Cut, GIA Certified – $4300

1.24 Fancy Yellow

1.24 Fancy Yellow

Fancy Yellow diamonds, on the other hand, will price out similar to G color white diamonds.  See these two examples:

1) 1.24 Carats, Fancy Yellow, VS1 Clarity, Radiant Cut, GIA Certified – $6300

2) 1.13 Carats, G Color, VVS1 Clarity, Radiant Cut, GIA Certified – $5790

Similarly, its possible even to find a Fancy Intense Yellow Diamond that compares in price to an F or G color white diamond.

1.02 Carat Fancy Vivid Yellow Diamond

At their strongest, though, fancy vivid yellow diamonds can become rather expensive.  A fancy vivid yellow diamond with a decent color and eye clean clarity will cost the same approximately as a similar sized D Color Flawless diamond of the same shape.  But a fancy vivid yellow diamond with a really special and uniquely strong and saturated color can go for much more than that.  As discussed in my article about fancy color diamonds in general, it’s all about the color!

See the diamond pictured to the right, for example.  It is a 1.02 carat, fancy vivid yellow, VS2 clarity, GIA Certified Cushion Cut.  This stone is priced at $19,850 due to its unusually strong and beautiful color.  A 1 carat cushion cut diamond with a D color and Flawless Clarity costs in the vicinity of $10,000 to $12,000.

Aside from the strength of the color, another factor that can have a major affect on the price of a yellow diamond is the modifying color on the certificate.  Brownish-Yellow diamonds, for example, will be heavily discounted from a pure Yellow diamond.  Orangey-Yellow diamonds and Greenish-Yellow diamonds, on the other hand, will be significantly more expensive then a pure yellow diamond.

The Importance of Images

Leibish & Co and James Allen are not the only two vendors that sell Fancy Color diamonds. In the last few years, Blue Nile has also become a major supplier online of Fancy Color diamonds.  While you might be tempted to consider them considering their reputation as the biggest only diamond dealer, I would strongly suggest you reconsider.  As I’ve mentioned in many other places on this site, high quality images are extremely important when shopping for a diamond.  With white diamonds, this is generally because you want to be able to see the diamond’s unique inclusion layout.  A GIA inclusion plot doesn’t tell the full story – it won’t tell you whether or not a diamond’s “crystal” is clear or stark black. It won’t tell you how translucent a diamond’s feather is.

But with Fancy Colors, the issue is really about color – not clarity.  So you might wonder, what’s the big deal?  A Fancy Yellow is a Fancy Yellow, right?  Wrong.  Firstly, GIA is not infallible.  Grading fancy color is a difficult task, and often there are differences in opinion.  Secondly, and more importantly, each Fancy color grade isn’t simply a point along a line – each grade is a range.  You might be surprised just how much territory each range covers.  It’s possible to find a Fancy Yellow that just barely made it over the border from Fancy Light territory, and it’s possible to find a Fancy Yellow that just missed the border into Fancy Intense territory. Take a look at these two stones that sat right next to each other in a search I just performed on James Allen:

Two Fancy Yellows - Two Very Different Colors

Two GIA Certified Fancy Yellows – Two Very Different Colors

Clearly, the stone on the right is far superior to the stone on the left, but if these two stones were presented on Blue Nile, you would have certainly chose the one on the left because 1) it’s heavier, 2) it has a better clarity, 3) it seemingly has the same color, and 4) it’s cheaper!  But with James Allen’s imagery, it’s 100% clear that the stone on the right is a far superior choice.

How to Save Money Buying Fancy Color Diamonds

As you can see, there are many choices you will be faced with once you decide to buy a yellow diamond.  You need to consider your budget, how large of a stone you want, what kind of color intensity you’re hoping to buy, and finally you’ll have to decide what your tolerance is for modifying colors.

1.53 Carat Fancy Light Yellow Set in Yellow Gold Basket

But with yellow diamonds, as with anything else, there is a well known trick you can employ to really get your money’s worth.  Assuming you are buying a yellow diamond to set in jewelry, and not sit loose in a safe as part of a collection, you can have the diamond set by a professional who understands fancy yellow diamonds and have the diamond surrounded by bright yellow gold.

Even if you prefer white gold or platinum, it’s possible to have just the basket that holds the diamond in the setting made out of yellow gold.  I have personally seen many fancy light yellow diamonds set in this way that end up looking like very strong Fancy Yellow diamonds.  So one strategy you might want to employ would be to specifically look for one intensity grade lower (in order to save money, or use the money towards a larger diamond) and have it set in this way to maximize its color.

Take the ring to the right as an example.  This diamond is a 1.53 carat fancy light yellow diamond from Leibish & Co that, set in this ring, looks like a strong fancy yellow.  The trick is that the basket underneath the diamond is made from a bright yellow gold. You can see hints of this with the tiny yellow prongs on the corners of the diamond.

James Allen also has a very nice selection of platinum and white gold settings with yellow gold baskets.

And, of course, the most obvious way to save money when buying a yellow diamond is to buy it from a source that is as high up on the diamond supply ladder as possible.  In most circumstances, people like you don’t really have access to high-level diamond wholesalers who trade on much lower margins than your typical retail store (which should be avoided at all costs when shopping for fancy color diamonds).

Luckily for the yellow diamonds shopper, one of the world’s largest and most respect fancy color wholesale dealers has opened the internet’s best destination to shop for fancy color diamonds.  I’m speaking of Leibish & Co Fancy Diamonds.  Leibish Polnauer is known the world over as one of the top suppliers of fancy color diamonds to wholesalers and retail stores alike.  Many of the most expensive pieces at Graff and other ultra-high-end jewelry stores were sourced through Leibish & Co.

Leibish & Co. is higher on the supply ladder than any other online shop for fancy color diamonds.  And it’s because of this that they are able to offer the best prices on the internet for fancy color diamonds.  So take advantage of this fact, and shop there first before you go anywhere else.

Recently, though, James Allen has also emerged as a very strong contender in the Fancy Color market.  While they are not wholesalers like Leibish & Co, they are still able to sell at the lower possible prices in the Fancy Color market because they do not own their own inventory.  Since they don’t have millions sunk into an inventory that needs to be constantly financed, they are able to sell at very low margins.  Likewise, this enables them to carry one of the largest (virtual) inventories of Fancy Colors in the world.  And since the quality of their imagery is so incredibly high, the fact that the inventory is virtual is meaningless.

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199 Comments

  1. pyrine     Reply

    hi i would like to ask for your opinion i found a loose diamond and i would like to know which one is sa better investment:
    carat- 2.01 1.52
    shape- oval marquise
    color- fancy yellow fancy intense yellow
    clarity- vs2 si1
    grading report- gia gia
    fluorescence- none medium
    measurements- 9.08×6.52×4.08 10.90×5.78×3.69
    l/w- 1.39 1.89
    depth- 62.6 63.9
    table- 57 59
    girdle- very thick- extr. thick thin- extremely thick
    culet- no none
    polish- good good
    symmetry- good very good
    price- 13,869 12,400

    i would like to have a bigger looking stone, but i also want a good investment stone. so im hoping you can help me. thank you very much! :)

    • pyrine     Reply

      it looks confusing now the way i typed it but the first entries are for the first stone then the second will be for the marquise stone. thank you.

    • Mike     Reply

      Honestly, I suggest contacting the people at http://www.fancydiamonds.net. They know much more about the ins and outs of the fancy color market.

  2. Jasmine     Reply

    Hi!
    I have a 1.72 fancy yellow diamond that we had set in platinum (ring) with a gold bezel.
    The ring setting is poor quality…the pave is not well done and the bezel is crooked.
    So, I am having my ring re-set. I was told that having the diamond sit in a yellow basket is ideal to bring out the color.
    Currently my gold basket has a small hole at the back to let light through. I was told I need to have it open at the back of the stone to let light in. Is this correct? If I have the ring re-set which I am leaning towards should the diamond sit in a open yellow gold basket, closed basket? I can send a picture if needed. Just looking for advice. Thank you.

    • Ira Weissman     Reply

      Hi Jasmine. I asked Chavi, the designer at Leibish & Co., your question and this was her response

      Yellow diamonds should be set in a Yellow basket to bring out the color.
      We still leave it open at the bottom so it can be cleaned properly.
      I think that the Yellow bezel is not as good as prong setting in terms of bringing out the Yellow color and the brightness of the stone.
      The reason is that the color of the gold is stronger than the color of the Yellow diamond and makes it look pale.
      The Yellow gold is good to be used under the stone and surround it with white diamonds so the contrast with the white stones makes it look stronger in color.

      You can view our rings at the following links-
      http://www.fancydiamonds.net/sold_jewelry_products
      http://www.fancydiamonds.net/rings_products

  3. shree     Reply

    Hello,

    we found the following fancy yellow pear shaped diamond for $2829. Do you think it is a good deal? Thanks for your help!

    Carat weight: 0.64
    Color: Fancy Yellow
    Clarity: VVS2
    Depth %: 63.0%
    Table %: 59.4%
    Polish: Very Good
    Symmetry: Good
    Girdle: Medium to Extremely Thick, Faceted
    Culet: None
    Fluorescence: None
    Measurements: 6.14 x 5.00 x 2.97 mm
    Length/width ratio: 1.23

    • Mike     Reply

      If that is GIA certified, it seems ok to me.

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