6 Reasons Why Are Pink Diamonds So Rare and Valuable
The natural pink diamonds are extremely intriguing because of their beauty, magnificence, and scarcity. Over the past three decades, their demand, value, and price have increased significantly. People are using pink diamonds as jewellery or to expand their investment portfolio. The following are the major factors contributing to the pink diamond’s high value and limited supply.
1. Australia is the Primary Source
Pink diamonds are rare because the Argyle Mine in Kimberley, Western Australia, is their primary source. This country has been supplying the rest of the world with the largest percentage of these fancy coloured gems since 1985.
Before then, many people did not know that these diamonds existed. These pink-coloured diamonds will always be less available and highly priced as long as one source is controlling the majority of their production.
2. They have an Exceptional Nature
The formation of pink diamonds is unique. Most of the ordinary diamonds are found at the standard kimberlite pipe. However, the miners at the Argyle Mine source the pink diamonds from a volcanic lamproite pipe. The diamond crystals must undergo extremely high temperatures and pressures within the earth's structure to become pink diamonds.
3. Their Color is Unique and has a Mysterious Origin
Most of the fancy-coloured diamonds are usually yellow and brown. This means that the percentage of pink diamonds produced is relatively low. Experts indicate that pink diamonds are available in different shades. The common shades are fancy light, fancy vivid, fancy intense, and graded faint.
The true worth of a diamond often depends on how intense its natural colour is. The fact that you will never find a pink diamond that looks the same makes this asset more valuable. Additionally, geologists only speculate how these diamonds got this colour.
4. They take 1.6 Billion Years to go through the Earth’s Surface
The long journey that pink diamonds go through to reach the earth’s surface explains their scarcity.
5. They possess significant Fragments of History
These rare gems are an important part of Australia’s history and heritage. For example, kings and queens have owned and worn them since the 17th century.
6. They are Difficult to Polish
Another reason why pink diamonds are rare and valuable is that they are difficult to polish. These diamonds’ physical structure is more complicated than the white or yellow diamonds, meaning that one can take three times as long to polish.
If you are planning to dress for a party or searching for the perfect ring for your fiancé’s engagement, consider checking Argyle blue diamond rings from Calleija. This is a jewellery store in Sydney offering a wide collection of pink diamonds for any event or purpose.
In summary, the beauty and magnificence of pink diamonds are evident. These almost extinct diamond crystals are scarce and valuable because of the intensity and uniqueness of their colour, unique formation, and limited production. This rarity continues to fuel demand and cement an expensive price tag.
About the Author
Emily Lamp is a professional writer, working closely with many aspiring thinkers and entrepreneurs from various companies. She is also interested in technology, business growth and self-improvement. Say hello to Emily on Twitter @EmilyLamp2.