Facts You May Not Know About the Pink Diamond Mined in Argyle

 

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People say that pearls are a girl’s best friend. In as much as this is true, diamonds tend to compete favorably for a Lady’s attention Nevertheless, even men sometimes obsess over these precious stones. This is simply because they add a taste of class and style to one’s looks. Diamonds are a unique type of stone, very precious indeed, and they come in a number of varieties. Diamonds have been mined for several number of 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 Pink Diamond is Indigenous to Australia

These pink diamonds are indigenously Australian, meaning you’d have to plan a trip Down Under if you wanted one. The diamonds are mined at the Argyle diamond mine in Australia, which is the largest source of pink diamonds in the world. This mine produces more than ninety percent of the world’s natural pink diamonds. Nevertheless, just a mere 1 percent of the massive output is pink diamonds. This means that for every million carats of rough diamond mined only a single carat of pink diamond can be sold.

They Are Very Rare

There is no doubt that the pink diamond is a very rare stone. They are rarely found in nature, and they only account for only one percent of the total diamond production in the world. Now coming across one of this is like looking for a needle in a haystack. 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. These tenders are so important that you need special invitations just to be part of the auction. Their rare nature makes them very valuable. So valuable in fact that their price increases with time. You can call this an asset. This is because you can buy one today and sell it tomorrow at more than you got it for.

They are in High Demand

The argyle pink diamonds have an insane demand and supply curve. The fact that they are so few makes the demand for them quite high. This makes their price and value increase at an equally fast rate. The market for the natural color pink diamonds is very strong and promising. This is clearly seen in the fact that the cost of the stone has gone up by 35% in the last year. The diamonds with the highest demand and price are the 1 to 1.5 carat pink diamonds. The demand is based on the purity, size and quality of the pink diamond.

The Diamonds Come In Different Shades of Pink

Another interesting fact about the pink diamonds is that they vary in the shades of pink color. This means that both men and women who appreciate the precious stones can wear them. You can click this link http://www.ehow.com/info_8344073_expensive-types-diamonds.html  for more great tips!

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