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The exact number is infinite, but a finite number exists in terms of colour grades.

For 'white' or 'colourless' diamonds, the grades begin with the letter D -- colourless -- and trail off to the letter Z -- light colour, with five broad categories of grades.

For coloured diamonds, please review the Color Grading system, also linked below, to identify the hue, tone and saturation variables available for grading coloured diamonds.

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