As expensive as “regular” pink diamonds are, certified Argyle pink diamonds are even more expensive. While a 1 carat fancy pink (not a round) could go for roughly $140,000 to $180,000—depending on the quality of the color—a similar Argyle stone would easily fetch over $200,000.
Will Argyle pink diamonds increase in value?
In a testament to the growing interest and investment in this unique asset, Australian pink diamonds have outperformed gold, shares and cash as an asset class, appreciating in value by an incredible 30 per cent throughout the past 12 months, according to a report published by the Australian Diamond Portfolio.
Are Argyle pink diamonds expensive?
Certified natural Fancy Vivid pink diamonds are the most expensive diamonds on the market ranging in price from 30,000 to 100,000 per carat, 20 times the price of a white diamond. … Argyle Pink Diamonds are so expensive because of the very limited supply.
How rare are Argyle pink diamonds?
Amazingly, less than 1% of the Argyle mine’s output are actually pink diamonds, making these diamonds the rarest of the rare. This means that for every one million carats of rough diamonds mined at Argyle, only one carat of pink diamonds is suitable for selling.
Are Argyle Diamonds good investment?
Like other investment pieces, these stones not only have a high price to begin with but also a terrific value. Along with their high demand and relatively low supply their resale value is guaranteed to be quite significant.
Are colored diamonds a good investment?
Colored Diamonds are exceptionally rare. … In the past 30 years, fancy color diamonds have never depreciated in value. Auction house records show that many important diamonds have doubled in value every 5 years. Most investors consider natural color diamonds as a medium to long-term investment.
What diamond is pink?
Pink diamonds belong to a subcategory of diamonds called fancy color diamonds, the generic name for all diamonds that exhibit any sort of color. Pink diamonds range from flawless to included, just as do white diamonds.
Where can I sell my pink diamond?
The best way to sell a pink diamond is with a specialty diamond buyer who deals frequently with this precious colored diamond. Diamond Estate is a recognized nationally as a buyer of rare diamonds, including the fancy pink diamond.
Is the Argyle diamond mine closing?
The Argyle mine in Western Australia is expected to finally close and end its production of the famed diamond types by the end of 2020. … The closure is so significant that analysts predict a substantial shortage of pink diamonds immediately after it happens.
How can you tell if a pink diamond is real?
To tell if your diamond is real, place the stone in front of your mouth and, like a mirror, fog it up with your breath. If the stone stays fogged for a few seconds, then it’s probably a fake. A real diamond won’t fog up easily since the condensation doesn’t stick to the surface.
Why are Argyle Diamonds pink?
Yellow diamonds contain traces of nitrogen, and blue diamonds contain boron. But no similar impurities have been found in pink diamonds, leading scientists to speculate that the colour may be the result of some kind of seismic shock that altered the stone’s molecular structure.
What do pink diamonds look like?
Pink diamonds usually have a secondary hue. They can be described as orange-pink, purple-pink or brown-pink. Those that do not have a secondary hue are rare. A clear pink without a secondary hue is valued.
What Colour are Argyle Diamonds?
More abundant than pink diamonds, Argyle champagne and cognac diamonds come in a variety of colours from light yellowish browns to rich chocolate and oranges. The lightest and the most intense champagne diamonds are the more highly prized.
When did the Argyle mine close?
On 3 November 2020, mining at Argyle officially stopped after 37 years of operations and a yield of more than 865 million carat rough diamonds.