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Things You Didn’t Know About the Argyle Pink Diamond People say that pearls are a girl’s best friend. Regardless of the truth in this, diamonds tend to compete quite favorably for a woman’s attention. Diamonds are not just known to be favorites of women considering many men love them too. After all, they bring with them a touch of class and sophistication when worn. Diamonds are special types of stones that come in unique varieties. The mining of the stones has gone on for several years. Diamonds are usually priced in accordance to their sizes, their carats, shapes, among other factors. The pink diamond happens to be one of the diamonds mined out there, and the focus of this article; here are some interesting facts about it. The Diamond is Exclusive to Australia if you are not from Down Under, then you may have to organize a trip to Australia because these babies are exclusively mined and sold within the country. The diamonds are mined from the world’s largest pink diamond source, which is Argyle Australia. This mine produces more than ninety percent of the world’s natural pink diamonds. However, only one percent of the massive output consists of pink diamonds. This means that for every million carats of rough diamond mined only a single carat of pink diamond can be sold.
The Key Elements of Great Diamonds
They are Extremely Rare
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There is no doubt that the pink diamond is a very rare stone. Out of all the diamonds produced in the world, it is so rare that it only accounts for a mere one percent. Now that is a needle in the haystack, type of rare. In addition to this, one ought to know that you can only find the most rare varieties being sold via tenders that come up yearly. Moreover, every individual who wishes to access the tenders can only participate in the auctions if they have a special invitation. Their seldom nature highly contributes to their high value. They have such a high value to a point that their cost appreciates with time. You can call this an asset. This is because the amount of money you spend buying it today, will be lesser than the amount of money you will get back if you sell it in the future. They are in High Demand The argyle pink diamonds have an insane demand and supply curve. Their demand is quite high because they are extremely rare. This makes their price and value increase at an equally fast rate. The market can therefore be termed as robust and very promising. This is clearly seen in the fact that the cost of the stone has gone up by 35% in the last year. The 1 carat and the 1.5 carat pink diamonds are the most expensive and they also have the highest demand. One can gauge the demand by considering the size, purity and quality of the diamond. The Pink Diamonds Come In Various Shades of Pink The great thing about these diamonds is they have lighter to darker shades that nearly resemble red. This means that both men and women who appreciate the precious stones can wear them.