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Color grading of diamonds was performed as a step of sorting rough diamonds for sale by the London Diamond Syndicate. As the diamond trade developed, early diamond grades were introduced. Without any co-operative development, these early grading systems lacked standard nomenclature and consistency. Some early grading scales were; I, II, III; A, AA, AAA; A, B, C. Numerous terms
Diamonds with higher color grades are rarer, in higher demand, and therefore more expensive, than lower color grades. Oddly enough, diamonds graded Z are also rare, and the bright yellow color is also highly valued. Diamonds graded D–F are considered "colorless", G–J are considered "near-colorless", K–M are "slightly colored".
If the N atoms are in pairs or larger aggregates, they do not affect the diamond's color; these are Type Ia. About 98% of gem diamonds are type Ia: these diamonds belong to the Cape series, named after the diamond-rich region formerly known as Cape Province in South Africa, whose deposits are largely Type Ia. If the nitrogen atoms are dispersed ...
The Gemological Institute of America (GIA) classifies low saturation yellow and brown diamonds as diamonds in the normal color range, and applies a grading scale from "D" (colorless) to "Z" (light yellow). Diamonds of a different color, such as blue, are called fancy colored diamonds, and fall under a different grading scale. [28]
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If two diamonds of equal weight are inspected there can be a noticeable difference in size when viewed from above; arguably the most important view. A well-cut 0.90ct diamond, for example, could have the same width as a poorly cut 1.00ct diamond. This phenomenon is known as spread. Cut also affects the color of a diamond.