Why are Argyle pink diamonds so valuable?
Movies have been made about them. Royalty has adorned themselves with them. Enthusiasts search all over the world to add the perfect piece to their private collection. We’re talking about none other than the incredibly scarce pink diamonds that have captured the attention and hearts of collectors, investors, and the general public for centuries.
Pink diamonds truly are captivating, and come in a range of colours that almost seem celestial. A symbol of luxury, divinity, romance and elegance, loose pink diamonds generate such a high demand that they can potentially overshadow any other diamond within a collection - certainly even the whitest of diamonds.
But what makes them so appealing? Here, we discuss why pink diamonds are so valuable and cherished all over the globe, as well as why they’re a hard and stable investment.
How valuable are pink diamonds?
Loose pink diamonds are incredibly expensive, starting from up to 1 million for a single carat. This is at least 20 times more costly than a white diamond of the same size. However, there is a perfectly reasonable explanation for this: the Argyle Mine in Western Australia is responsible for producing 90% of the world’s pink diamonds. However, the mine closed down in November 2020, putting pink diamonds on the endangered list. With production coming to a halt, there are now only a few pink Argyle diamonds left in circulation. It’s for this reason that they make for great investments.
Colour intensity plays a part in their value
As rare as they are beautiful, the value of a natural pink diamond is also dependent on its shade. Just like any other coloured stone, a more intense colour will signify a higher value.
Pink diamonds are available in eight shades, ranging from very light pink to a deep, rich pink. According to the GIA, these colours are graded as follows: Faint; Very Light; Light; Fancy Light; Fancy; Fancy Intense; Fancy Vivid, and Fancy Deep.
Tips for buying a pink diamond
As with all purchases of precious stones, it’s important to pay attention to the 4 C’s: Carat, Clarity, Cut and Colour. However, of these four, the most important when buying a pink diamond is the colour. The level of intensity and rarity will elevate your diamond’s value should you choose to sell it later.
Secondly, you want to purchase your pink diamond from a reputable dealer, such as Pink Kimberley. We only use genuine Argyle diamonds in our collections, which is evident in our Argyle certificate that is presented with each stone. We also offer insured shipping as well as Lifetime Manufacturing Warranty on our stones.
Lastly, having a clear budget in mind will help you in your pursuit to finding the perfect pink diamond.
Own a pink diamond from the Argyle today
Whether you’re an investor looking to grow your portfolio or a collector wanting to gift a loved one with an Australian treasure, speak to us at Pink Kimberley. We have a wonderful collection of loose stones and pink diamond jewellery, including necklaces, earrings and rings for you to peruse.
Please contact our team on 1800 228 668 with any questions you might have about our stunning pieces.