Lifestyle and jewelry go hand in hand and when it comes to one of the rarest diamonds in the world, no one can ignore the fancy of Pink Diamonds. The alluring charm of Pink Diamonds can turn a tedious look into a chic look. Pink has always been linked with luxury and wealth. The pink diamond is one of the most desirable types of diamond because of its unique and romantic color. Pink diamonds comes in variety of hues which also affects its rarity and pricing category.
In this article, we will unleash some amusing facts about this pink sensation that has enchanted diamond lovers.
Over 90 percent of the business comes from a diamond mine called the Argyle Mine in Western Australia. Back then they were also been found in India, South Africa, Canada, Russia and Brazil. Out of the entire output of mining in Argyle mines, only 1% is worth selling and that’s what makes its supply limited and rare.
Indeed, there are lab manufactured Pink Diamonds available, much pocket friendly and might look alike but the what makes the natural ones the most expensive and desirable is something we need to know. These diamonds are different from the formation process itself. It is speculated that they get their pink hues from a process called “plastic deformation” which is when the diamond is forced to the Earth’s surface and the structure of the diamond somehow becomes altered, causing a deformation. This flaw forces the stone to absorb light differently and emit a pink hue.
From Hollywood to Bollywood, no one is spared by the hallucinating charm and status of this Pink fantasy. Even Jennifer Lopez has been seen flaunting her pink diamond engagement ring that Ben gave her. Her former publicist Rob Shuter said he believes the pink diamond is still in her possession. “As far as I know, Jen has never returned the ring,” Rob said to Access Hollywood in May 2021. So if Jen couldn’t dare to return her pink possession, who do you think you are?
Fancy diamonds are priced and graded according to the 4Cs of diamond quality – cut, color, clarity, and carat. High-quality pinks are the most expensive natural diamond color in the market today. The price varies a lot and can go from $10,000 per carat for a less intense pink diamond, to a massive $700,000 per carat for a deep and intense pink. The carat weight, large, fancy color diamonds are more valuable than their smaller counterparts.
The GIA grades pink diamonds on the following scale:
Pink diamonds has shown a continuous rise in prices over the years. The demand for this pink sensation also shown a rise whereas the supply has been stagnant since the Argyle mine got shut down since 2020. That’s why, experts are speculating a high jump in prices of Pink Diamond in near future.
There are 3 settings for Pink Diamond engagement rings-
Many traders are yet to see the pink diamond in real. Though they are not that hard to find it’s due to the kind of buyers the traders has. Keeping in mind, that the heavy it gets on budget, many traders do not find it worth the investment.
But if you have made your mind the possess one. We Vernive Jewels are here to help you out with the most romantic yet expensive decision ever.
Get all the details about the diamond on our website and seal the deal at the earliest. Your happiness is just a few clicks away.