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Cut Clarity Color Carat Weight The color of your diamond was determined long ago, when nature formed the stone. Ideally, the diamond should be pure white, the most desired color, but such diamonds are extremely rare and can get very pricey. Even though colorless diamonds are the highest priced ones, many people prefer a near-colorless diamond, which lets you attain a great size diamond with exceptional beauty at a reasonable price. The exceptional glow of a nearly colorless diamond may be more to your liking, and selecting a diamond in the near-colorless categories may save you enough money to afford a larger stone for the same cost. Diamonds are graded for color on an alphabetical scale that goes from D, which is totally colorless, to Z, which indicates a pale yellow or brown tint. Grades D through F are considered colorless or perfect white. Diamonds in the G - J range are nearly colorless, and I or J grade diamonds often represent an excellent value. Diamonds in the K - M range are slightly tinted and have noticeable color, and those in the N - Z range are even more noticeable. Beyond Z are diamonds considered "fancy color," which are, carat for carat, the most expensive objects on the planet. Diamonds can come in any imaginable color, and fancy color diamonds can be yellow, blue, pink, orange, purple, or red and are very expensive and beautiful.