The word " colorless" could be substituted for the term "color." In referring to transparent diamonds, the color scale runs from D to J, beginning with Icy White -- the color, or lack thereof, of the most expensive diamonds -- and ending with a light yellow. The best color is no color. Diamonds allow light to be reflected and dispersed as a rainbow of color. This light dispersion, or color flash, has no effect on the technical grading of color. The absolute finest colorless stone carries a D rating, descending through each letter of the alphabet to Z, designating a diamond of light yellow, brown, or gray. When directly comparing diamonds for color, most consumers are unable to detect a difference unless they are at least two or three color grades apart.
This term refers to the measurement of a diamond's flaws, or inclusions that are seen in the diamond. Clarity levels begin with Flawless and move down to Very Very Slight (VVS), Very Slight (VS) and Slightly Included (SI). Almost all diamonds contain very tiny inclusions. To determine a diamond's clarity, an expert views it under 10 power magnification. In addition to internal inclusions, surface irregularities are referred to as blemishes. These two categories of imperfections-inclusions (internal) and blemishes (external)-make up clarity. The fewer the imperfections, the rarer and more valuable the diamond. Many inclusions are not discernable to the naked eye and require magnification to become apparent. A laboratory-certified clarity rating of SI2 represents the point at which inclusions are technically not apparent to the average naked eye.