Where did you read the Vf=3.9?Wow...
I didn't realize the LED color might make a difference, or maybe better put, I didn't realize that the Vf would make that big a difference.
My first thought is to use 1 red and 1 green Luxeon III LED.
Green: http://ledsupply.com/lxhl-lm3c.php (Vf 3.9)
I'm seeing Vf(typ) = 3.7 @ 700mA on page 6. Oh, were you reading the Vf @ 1000mA? Yes, that makes a difference.
OK, the red Luxeon LED shows a typical Vf of 2.95v @ 1400mA; it'll be even lower at 700mA.Red: http://ledsupply.com/lxhl-ld3c.php (Vf 3.2)
The datasheet indicates that Vf is 3.5v @ 700mA for green LEDs on page 4 (by default)But then I was pointed toward these:
Green: http://ledsupply.com/creexre-g.php (Vf 3.6 @ 700mA)
This 2nd link shows the same datasheet; red is not an available color. Cool White, Neutral White, Warm White, Royal Blue, Blue and Green are the only colors listed in that datasheet.Red: http://ledsupply.com/creexre-r.php (Vf 3.2 @700mA)