If you are looking for a pink diamond investment, you will be happy to know that the prices for these stones have seen a huge increase over the last few years. In fact, Argyle-certified pink diamonds have experienced an average growth in price of 18 percent to 38 percent.
Demand for pink diamonds is increasing
Often we face the question Are Pink Diamonds a Good Investment. In the past decade, demand for pink diamonds has skyrocketed. Argyle pink diamonds have seen prices rise exponentially. A diamond over five carats, for instance, has seen a 400% increase.
So, it’s no wonder that celebrities and investors alike are buying pink diamonds. Pink diamonds are an investment with almost guaranteed return.
The demand for pinks is expected to continue increasing in the coming years. As the mine closes, there will be fewer gem-quality pink diamonds available. However, as the supply declines, it will lead to an increase in prices.
According to the Gemological Institute of America, one out of every 10,000 carats of diamonds contains a fancy colour. This means that one out of five natural pink diamonds is a fancy color.
Fancy color diamonds have also been increasing in value. They are the fastest growing category in the market.
Argyle-certified pink diamonds have seen an average of 18.6% to 38% growth in value
The Argyle Mine in Western Australia is the world’s biggest source of pink diamonds. Pinks from this deposit have superior saturation of color.
However, production values are declining. As a result, prices are likely to continue to rise. For instance, in 2014, the average price per carat for pink diamonds was $76,000.
In the last decade, the fancy light pink category has seen a 15% increase in value. These pink diamonds are extremely rare, commanding high prices.
Argyle-certified pink diamonds have also increased in value. This is because they are much more rare than regular pink diamonds. They are highly prized by investors, jewelers, and gemstone lovers.
Argyle-certified pinks are even more expensive than normal pinks. Their rarity, intense color, and exclusive grading system make them even more valuable.
Argyle mine is closing due to increased operational costs
The Argyle mine in Australia has been the source of 90% of the world’s pink diamonds since 1983. It has also produced spectacular colored diamonds. However, its production is set to dwindle in the coming years.
The Argyle mine, which has been open since the mid-1980s, was one of the first to use modern mining techniques. In the early 1990s, the mine was upgraded to open-pit mining. This allowed the company to mine more gems.
During the last five years, the mine has produced a staggering five million tons of stone. In fact, it is now the largest producer of coloured diamonds in the world.
Argyle has produced some of the world’s best pink and red diamonds. These stones are not commonly found anywhere else. Argyle pinks are said to command the highest prices.
Argyle-certified pink diamonds are the most sought after and valuable diamonds
The Argyle diamond has long been regarded as one of the most valuable diamonds in the world. But its supply is slowly dwindling.
Argyle diamonds are highly sought after due to their natural beauty. Their intense coloration makes them unique and rare. They are known to be durable and are suitable for everyday wear.
In addition to being highly collectable, Argyle diamonds are also known for their rich provenance. As a result of this, collectors are increasingly interested in knowing more about the quality of a diamond.
Although Argyle-certified pink diamonds are very rare, they are highly desirable and will continue to increase in value. Argyle’s unique color grading system allows for a more specific intensity than GIA.
Argyle-certified pink diamonds look beautiful on their own, but they are especially stunning when paired with other colored diamonds. Argyle pinks are often considered the “pink champagne” of the diamond world.