Abstract It is of particular significance to unveil the authentic coloration mechanism of the multivalent praseodymium colored ZrSiO 4 yellow pigments for advanced decoration applications. We herein adopted a facile strategy to modulate the fluorine‐assisted zircon crystallization and thereby obtained ultrafine Pr‐ZrSiO 4 yellow pigments, which have a remarkably narrow size distribution and average diameters within 250–400 nm. By virtue of some cogent combinative spectra of reflection, absorption, excitation, and emission from three types of elaborately‐designed H 2 ‐, air‐, and O 2 ‐based pigments, the coloration mechanism for the Pr‐colored zircon was systematically unveiled: both Pr 4+ and Pr 3+ coexist invariably in the pigments, while the former contributes primarily to the ligand‐to‐metal charge transfer from O 2p to Pr(IV) 4f for the blue–violet absorption to generate the yellow hue, and the latter is inclined to discolor the pigments. Therefore, an oxidizing atmosphere is preferable to produce brilliant Pr‐ZrSiO 4 pigments with enhanced chromatic properties. The stark spectroscopic distinctions between the wide‐band absorption from the nonluminescent tetravalency and the narrow‐band absorption from the luminescent trivalency can expand our understanding to the rare‐earth‐based inorganic pigments.