If rarity and desire are the two things that set the price of coloured diamonds, then it is no surprise that some of the rarest, most remarkable and desirable fancy coloured diamonds in the world are the celebrated Argyle Pink Diamonds.
PINK COLOURED DIAMONDS ARE EXTREMELY RARE Situated in the east Kimberley region of Western Australia is the Argyle diamond mine.
Argyle, which is owned by Rio Tinto is the world's main source of intense pink diamonds, producing approximately 95% of the world's supply.
However, these are an extremely small proportion of Argyle Diamonds total production.
In fact, less than 1/10th of 1% of the entire production can be called pink coloured diamonds.
Out of an entire years worth of production, the number of pink stones weighing over 0.
50cts would fit into the palm of your hand.
Unlike colourless and near-colourless diamonds which are valued for their lack of colour, fancy coloured diamonds are valued for the intensity of their colour.
Therefore, the market for pink stones is quite separate to white diamonds, and due to their rarity, pink diamonds typically command prices far in excess of equivalent white diamonds.
A PINK DIAMONDS VALUE IS DIRECTLY RELATED TO ITS RARITY Since the price per carat of a pink coloured diamond is determined by the intensity of its colour, Argyle has developed a grading system which is based on various intensities represented by 30 different colour categories.
With all the different shades, intensities and price ranges, it stands to reason that the more intense the pink colour, the more valuable the stone.
Once a year, the more exceptional polished pink diamonds from the annual production are sold individually.
This invitation only blind auction is known as the Argyle Pink Diamond Tender.
For every million carats of rough diamonds produced at Argyle, less than one carat will meet the criteria to be suitable to go into the tender.
Over the last decade, tender prices for Argyle pinks have outperformed other major equity indices.
Even during the global financial crisis, record prices were being recorded for tender stones.
It is therefore not surprising that, as well as attracting elite and discreet buyers, investors are continuing to gravitate towards pink coloured diamonds.
With its finite supply, at some point within this decade Argyle will run out of these rare diamonds.
As there are no other reliable sources to feed demand, we can be confident that diamonds displaying the desired pink colour will continue to be sought after for their inherent beauty and extreme rarity and that we will see substantial price appreciation for the foreseeable future.
At Australian Diamond Network, we have access to a number of tender and non-tender pink diamonds, so should you require any further information regarding purchasing, or would just like additional information, please don't hesitate to contact us.
PINK COLOURED DIAMONDS ARE EXTREMELY RARE Situated in the east Kimberley region of Western Australia is the Argyle diamond mine.
Argyle, which is owned by Rio Tinto is the world's main source of intense pink diamonds, producing approximately 95% of the world's supply.
However, these are an extremely small proportion of Argyle Diamonds total production.
In fact, less than 1/10th of 1% of the entire production can be called pink coloured diamonds.
Out of an entire years worth of production, the number of pink stones weighing over 0.
50cts would fit into the palm of your hand.
Unlike colourless and near-colourless diamonds which are valued for their lack of colour, fancy coloured diamonds are valued for the intensity of their colour.
Therefore, the market for pink stones is quite separate to white diamonds, and due to their rarity, pink diamonds typically command prices far in excess of equivalent white diamonds.
A PINK DIAMONDS VALUE IS DIRECTLY RELATED TO ITS RARITY Since the price per carat of a pink coloured diamond is determined by the intensity of its colour, Argyle has developed a grading system which is based on various intensities represented by 30 different colour categories.
With all the different shades, intensities and price ranges, it stands to reason that the more intense the pink colour, the more valuable the stone.
Once a year, the more exceptional polished pink diamonds from the annual production are sold individually.
This invitation only blind auction is known as the Argyle Pink Diamond Tender.
For every million carats of rough diamonds produced at Argyle, less than one carat will meet the criteria to be suitable to go into the tender.
Over the last decade, tender prices for Argyle pinks have outperformed other major equity indices.
Even during the global financial crisis, record prices were being recorded for tender stones.
It is therefore not surprising that, as well as attracting elite and discreet buyers, investors are continuing to gravitate towards pink coloured diamonds.
With its finite supply, at some point within this decade Argyle will run out of these rare diamonds.
As there are no other reliable sources to feed demand, we can be confident that diamonds displaying the desired pink colour will continue to be sought after for their inherent beauty and extreme rarity and that we will see substantial price appreciation for the foreseeable future.
At Australian Diamond Network, we have access to a number of tender and non-tender pink diamonds, so should you require any further information regarding purchasing, or would just like additional information, please don't hesitate to contact us.
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