Diamonds are a girl’s best friend! And when it is pink, it does not need saying much about it. Because the colour pink showcases love, romance and femininity. Are you planning to buy a pink diamond for your loved ones? Then, you must be aware of some of the most surprising facts about pink diamonds.
Let’s start with the history first!
Historically, pink diamonds were found in India, Africa, and Brazil. The graceful presence of old cut pink diamonds is found in the crown jewels of Iran, India, and France. Now, Queen Elizabeth II also wears one.
The Argyle Diamond Mine
Currently, Australia produces 90 per cent of the world’s pink diamonds supply from there Rio Tinto’s Argyle mine. The Argyle Diamond Mine has been consistently providing the pink diamonds from the year 1983. But the pink diamond can also be found in South Africa, Canada, Russia, and Brazil.
Natural Pink Diamonds- rarest of the rare
Natural pink diamonds are very rare. As the mines close, the production will be stopped. As the fact states for every one million carats of rough diamonds mined at Argyle there is only one carat of pink diamonds can be found which are suitable for selling. The natural pink diamonds can be accounted for only 1% of the total production of diamonds in the world.
Costliest in the market
While you can get an excellent quality white diamond in just at $5000, the cost of a half carat pink diamond is around $100,000. It can go further depending upon purity and quality. Want to get the full scope of the pink diamond investment? Read more here.
A promising market for the diamond investors
The forever rising demand of the natural pink diamonds is a paradise for the diamond investors. As several research data suggests, the market will stay as the promising one as the year goes on. In the last couple of quarters of the year has already seen a rise of 35% for the stone.
They are scarce
The Argyle mine is expected to be shut down in the year 2020. As we all know, there are no other consistent sources of quality pink diamonds the production of natural pink diamonds going to get a permanent full stop. Further estimation tells that there is only another 500 top quality pink diamonds remain to be discovered.
The Geological Source
Most of the diamonds are usually found in kimberlite pipe. But the source of the pink diamonds is a volcanic lamproite pipe. The top quality pink diamonds have a more complicated structure than the white ones. It takes 3 to 4 times longer to polish as well. The cutting process of a Steinmetz Pink diamond can take as long as 20 weeks.
Anyway, Folks! We are at the end of this conversation. No matter whether you are here to buy a pink diamond for your loved one or you want to invest in these valuable stones these 7 surprising facts about the pink diamonds are most known. However, for other information on pink diamonds keep following our blog.