People say that pearls are a girl’s best friend. In as much as this is true, diamonds tend to compete favorably for a Lady’s attention Diamonds are in fact so precious they get attention from both men and women. This is because they are stylish and classy. The diamond is a special kind of stone, so unique indeed; they also come in a number of varieties. The mining of the stones has gone on for several years. Diamonds are usually priced in accordance to their sizes, their carats, shapes, among other factors. This particular article highlights interesting facts about the pink diamond, below are some things you probably didn’t know about this diamond.
The Pink Diamond is Indigenous to Australia
if you are not from Down Under, then you may have to organize a trip to Australia because these babies are exclusively mined and sold within the country. These diamonds are mined at the Argyle diamond mine, which happens to be the world’s largest source for pink diamonds. This is the production source of more than 90% of the world’s natural pink diamonds. However only a single percent of the entire output consists of these pink diamonds. This means that for every million carats of rough diamond mined only a single carat of pink diamond can be sold.
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The Pink Diamonds Are So Rare
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One of the rarest stones in the world is definitely the pink diamond. They are rarely found in nature, and they only account for only one percent of the total diamond production in the world. Now that is a needle in the haystack, type of rare. It is also vital for one to know that it’s only through annual tenders, that you can get an opportunity to purchase the most rare varieties. The significance of the tenders demands that every buyer should have an invitation to the auction The high value placed on these diamonds is as a result of how exceptional they are. This in turn makes their cost increase as time goes by. You could call this an investment. This means that if you have purchased one today, you can end up selling it at a higher price than the buying price.
They are High on Demand
The argyle pink diamonds have an insane demand and supply curve. Their rareness makes their demand rate quite high. This makes their price and value increase at an equally fast rate. The market for the natural color pink diamonds is very strong and promising. This is evident in the 35% price rise over the last one year. The 1 carat and the 1.5 carat pink diamonds are the most expensive and they also have the highest demand. Their demand can be gauged by the quality, purity, and size of the diamond.
The Pink Diamonds Come In Various Shades of Pink
The great thing about these diamonds is they have lighter to darker shades that nearly resemble red. This is goof since, it allows men who love diamonds to equally participate in the diamond frenzy.