They are one of the rare gems in the world but very interesting. These have become a symbol of luxury and exclusivity because of their natural beauty and rarity, or because they are a kind of mystique. In this article, I will discuss where, how and why pink diamonds are so popular.
What are Pink Diamonds?
Pink diamonds are those natural diamonds that have pink hue. For example, while pink is not the same color as others, other colored diamonds have color due to elements such as nitrogen or boron, but for pink the reason is a mystery. The color is believed to arise from distinctive twists in the diamond’s crystal structure as the stone formed far beneath the surface of the Earth in the mantle.
The Rarity of Pink Diamonds
Pink diamonds are also rare (and so valuable) because there are so few. They are almost all mined from just a few places and the Argyle Diamond Mine in Australia used to mine the vast majority of the pink diamonds in the world. This is at least in part driven by the news that broke in 2020 that the Argyle Mine was being closed, significantly increasing the rarity of the stones.
Characteristics of Pink Diamonds
And pink diamonds are special for their intense, feminine colors. Intensity of their color is graded from faint to vivid, with the vivid pink diamonds being the most precious. In addition, their color can also show up secondary hues including purplish pink, or orangy pink adding to their uniqueness.
Why is a Pink Diamond so Valuable?
Rarity, color intensity and demand determine pink diamond value. For decades, they’ve become a status symbol, appearing on everything from high end jewelry to the collections of celebrities and royals. Limited to their supply, especially when the Argyle Mine closes, they are certainly a lucrative investment opportunity.
Investors looking to invest in assets that appreciate over time should consider investing in pink diamonds, which continue to show an appreciable percentage increase in value. This, therefore, is not only why they are admired for their beauty but also why they are an investment too.
Famous Pink Diamonds
Over the years, several pink diamonds have received worldwide recognition because of their size, color and provenance. Notable examples include:
- The Pink Star: Also among the other auction highlights is a record for the most expensive gemstone ever sold at auction, set last year by a 59.60 carat vivid pink diamond.
- The Graff Pink: Christie’s London auction saw the 24.78‐carat fancy intense pink diamond fetch a record price when purchased by a well known jeweler Laurence Graff.
- The Williamson Pink Diamond: This is a beautiful specimen of a pink diamond, and its one given to Queen Elizabeth II on her wedding day.
Investing in Pink Diamonds
Except if you are considering contributing pink diamonds, it would be ideal if you work with authentic precious stone dealers or benefit from a trustworthy framework. Trust reputable gemological laboratories (the Gemological institute of America (GIA) for certification when looking for diamonds with certificates. These certificates explain, amongst other things, where the diamond comes from, how it was graded, and how light reacts to it, making stones safer to buy.
Caring for Pink Diamonds
Proper care is needed in order to keep the brilliance of pink diamonds. Keep them sparkling by using a mild solution of soap and water, and a gentle brushing. Don’t expose them to harsh chemicals or extreme temperatures as they can hurt the setting and you’ll dull the shine.
Conclusion
Next to the perfect price, it provides a rare beauty and quality that cannot be matched. Pink diamonds are really a treasure of the natural world whether you are looking to invest, make a statement or admire their uniqueness. As these gems continue to grow more rare and their need swells, they are more prized than ever.
