When the sparkle of fancy colored diamonds has caught your eye, it’s only a matter of time before you encounter the world of pricing for these rare gems. But many diamond enthusiasts, accustomed to the colorless diamond market, are baffled when they encounter massive price differences among natural fancy colored diamonds. A typical search can reveal two brilliant blue diamonds, for example, both of the same carat weight, both with a GIA grade of fancy intense blue but with a price difference of $50k or more. Why would two seemingly similar quality stones have such a huge variation in price?