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The diamond: World acclaimed for its durability and firmness, coupled with the imagery of marriage, love and passion entwined with it, the diamond is the world's most famous gem, and is the most desired one in the face of the planet. Billions of dollars are exchanged annually in the diamond industry, and patronizers pay large amounts to get a sparkling diamond ring, diamond pendant, or diamond bracelet to bequeath to their future wives. The megastar of the gemstone world, diamonds have always becomes a part in the first cart of the roller coaster, and always seen the interest jewelers in the entire planet.

With regards to evaluating the value of a diamond, there are four aspects that are regularly deliberated that will decide the price and value of a diamond. These are known as the four C's, an appealing and fittingly named title that represents the color, clarity, cut and carat size of a diamond.

The most sought after diamond color and the most popular diamond color is actually not a color at all. Colorless diamonds are the standard in which other diamonds are evaluated when it comes to grouping them for their color. While there are exclusive diamonds that are mined and cut for their matchless and lurid color, most diamonds are rated to find out how monotonous they are and impurities in the color will greatly lower the value of of a diamond. The Gemological Institute of America has set up a grading system to ascertain the color of any diamond.

When diamonds are graded for color, they are obtained as loose diamond stones. The reason behind this is that when a diamond is fixed into metal, this can change the perceived color of the diamond and thus imprecision about its true color will prop up and give poor results for the grading test. After the loose stone has been sequestered, it is examined with a 10x loupe on a table so that it may be gauged in a lettering system that vary between from D to Z. Diamonds that are wholly colorless are graded as D-E-F, and the grades develop upwards in color flaws to K-L-M, which is a faint shade of yellow that can sometimes be seen with the naked eye, to S-T-U-V-W-X-Y-Z, which is a significant yellow or brown tint in the diamond that is noticeable to the naked eye. These low graded diamonds are so visibly tainted with color that even when mounted on a band, the blemishes are still visible without any magnification whatsoever.

The color of a diamond is one of the many features that make a truly one of a kind diamond engagement ring. Slight impurities can be advantageous, as they result in discount diamonds that are sold by online diamond dealers, such as DiamondWave. With diamonds available in all color grades and colors, DiamondWave offers quality diamonds from reputable mines online at unheard of discounts.