Dealer: Don’t Be Scared of Fancy Colors

The world of fancy colored diamonds is not as intimidating as some think, dealer Marc Lazar told a seminar on the topic at the recent Diamonds by JCK show in New York. "When you come down to it, fancy colored diamonds are pretty simple," he said. "Once you learn the terminology and become sensitive to the nuances of these diamonds, you'll wonder why you didn't look into them earlier … Fancy colored diamonds bring an added flavor and unique distinction to the field as white diamonds become more commoditized and consolidated." The only way to learn about the diamonds is to "begin transacting in them," he said. "In the world of fancy colored diamonds, you gain knowledge by experience. There is no price list for these extraordinary diamonds. The price of whatever you buy or sell is based on supply and demand and maintaining a mental database of what's available at what price." But he

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