Pink Diamond Guide
Things You Might Have not Known about the Australian Pink Diamond
Diamonds are among the most precious stones mined on the planet. Diamonds are loved by all. They look great and they can be used to create a variety of ornaments and other good-looking things. It is said that diamonds are loved more by women than by men. This may be a controversial statement. Nevertheless, there is no denying the beauty of these rocks. There are different kinds of diamonds. One of the most beautiful forms known is the pink diamond. Below are some facts to know about the pink diamond.
They are Pricy
Diamonds are quite expensive. Nevertheless, the pink diamond happens to be even more expensive than white diamonds. This is because pink diamonds are rare, and their quality is fifty to a hundred times better that the quality of white diamonds. A lot of times price is determined by the color and saturation of tone of the diamond. The diamond with the most intense color is usually the most expensive. The demand of the pink diamond also plays a major role in determining costs. Investors and collectors pay big money for these diamonds.
The Color Varieties Differ
Argyle has a unique system, which it uses to grade colors. The system can comprehend the various variations of the pink diamonds. Pricing has been made a bit simpler thanks to the grading of diamond shades in this system.
The colors are usually graded from one 1 to 9, which represents darkest to lightest respectively. The system also incorporates different tones of pink such as champagne pink, purple pink, rose pink, pure pink and rare red. The diverse tones of colors create a lot of variety, and this means that even the men can get a masculine tone as well.
They are Specifically Mined in Australia
If you thought you could get this diamond anywhere, you are wrong. It is only in Australia where pink argyle diamonds are mined. If you want to buy one you might have to get it from a broker at an extremely high amount. Alternatively, you can get it from someone who already has one. It is important to know that very soon the diamonds will no longer be produced because the mine in Australia is just about to close down. This means that the pink diamond is going to be even rarer than it already is. Every single day the cost will continue going up.
Pink Diamonds are a Worthy Investment
If you have the right amount of money to invest in the pink diamonds, you should consider it when you get your hands on one. It is a huge investment to purchase one of these diamonds. In fact, because of the demand and supply curves the cost of this diamond goes up daily. You can make a huge profit if you sell a diamond you bought today, the next day. However, when dealing with such valuables you should be keen to ensure that you are dealing with real merchandise.