Diamonds are among the most famous jewels globally, thanks to their durability and dazzling sparkle, making them a must-have for every jewellery collection. Global diamond production in 2019 was anticipated at 142 million carats to keep up with consumer demand. Currently, people want to buy argyle pink diamonds, which are a unique alternative for anyone looking to diversify their jewellery collection. Any jewellery item may be made to stand out; pink diamonds are renowned for their gorgeous hue. Here are a few things to consider before purchasing a pink diamond:
Firstly, they are relatively uncommon.
Pink diamonds can only be discovered in a few mines across the globe, unlike the more frequent white diamond. In terms of the most renowned pink diamond mines, Argyle in Australia comes out on top. Whereas just one in a million other diamonds are naturally pink, one-tenth of the stones from the Argyle mine have this colouration. For every million carats of pink diamonds mined, just one is likely to have a high-quality hue shade.
As a result of their intense pink hue, the pink diamonds produced there have long been among the most sought-after gems for use in jewellery and investments. Unfortunately, the Argyle mine has been shut down since it reached the end of its practical production life. As a result, pink stones are projected to become increasingly rarer. The shutdown of this mine will result in a 10 per cent reduction in worldwide diamond output since it formerly provided over 90 per cent of the world’s pink diamonds and many other hues.
Diamonds from the Argyle region, in particular, are sought for their deep pink hues and their illustrious provenance. A single carat of a high-quality pink diamond may fetch up to AUD$3 million and can be acquired for as little as AUD$20,000. To make a non-traditional engagement ring affordable to the average person, smaller pink diamonds are a good choice. These are a little more affordable, beginning at roughly $5,000.
They’re built uniquely.
Carbon atoms are organised in a pyramidal pattern to form diamond formations. To the greatest extent possible, the colour of diamonds is due to the interaction of atoms with trace chemical components such as nitrogen, sulphur, and boron during the diamond’s formation. Unusually for pink diamonds, no evidence for the presence of these traces has ever been detected.
Instead, tremendous heat and pressure disrupt the diamond’s crystal structure after it is formed, giving pink stones their pink hue. Compared to diamonds from other mines, Argyle pink diamonds have more tightly packed graining planes, which provides them with their well-known deep pink shade. Many diamond colour treatments are available, but Argyle pink diamonds’ clarity and beauty cannot be duplicated.
They embark on a world tour.
Argyle pink diamonds are so sought after that they travel to numerous places every year, where interested parties may inspect and bid on them. Between June and September, as many as 60 pieces are on tour and then auctioned at the Argyle Pink Diamond Tender after submitting the bids.
Final Thoughts
There are many reasons to buy argyle pink diamonds, from their exotic appeal to their ability to diversify your investment portfolio. As an option, try setting your diamond in rose gold to bring off its natural beauty, and put Argyle pink diamonds first on your investment list.
