Pink Diamond

Pink diamonds have an enchanting history that contributes to their mystery and value. The unique hue, ranging from subtle blush to vibrant magenta, sets them apart even among fancy-colored diamonds.

For diamond connoisseurs and collectors, pink diamonds remain the dream.

Famous Historical Examples

Some of the most famous pink diamonds originate from prestigious jewelry collections.

1. The Noor-ul-Ain Diamond, part of the Iranian crown jewels, is a pale pink tablet-shaped diamond weighing around 60 carats. Its name means "Light of the Eye".
2. Another Iranian crown jewel, the Daria-i-Noor Diamond, weighs close to 185 carats and its name means "Sea of Light". Although it is not as pink as other famous examples of the gemstone, it still has the coveted hue.
3. The Graff Pink Diamond was sold at auction in 2010 for over $46 million. This lush pink rectangular diamond measures 24.78 carats in weight.

Origins and Mining

Natural pink diamonds originate from very few sources globally:

Their scarcity adds to their mystique and value. Less than 0.1% of diamonds exhibit any pink coloration. This rarity especially increased after the 2020 closure of Rio Tinto's Argyle mine in Australia, which produced over 90% of the global pink diamond supply.

The Spectrum of Pink Diamond Colors

Pink diamonds enthrall collectors with their range of possible hues, tones, and saturations. While all authentic pink diamonds are rare and valuable, some specific color traits make certain stones even more prized.

Vivid Pinks

Vivid pink diamonds with intense color saturation captivate with their beauty. They usually display richer, lower-tone shades from purplish-reds to deep magentas.

Examples include:

• The Vivid Pink Diamondsold at Christie's Hong Kong in 2009 for over $10 million at 10.44 carats
• The Sweet Josephinepurchased in 2015 for over $28 million at 16.08 carats

Such vivid pink diamonds command the highest prices per carat at auction. Their look epitomizes the quintessential and most desirable pink diamond appearance.

Subtlety Has Its Virtues

While vivid pinks may steal the spotlight, diamonds with delicate blush and champagne tones have quiet elegance. Rarer light pink diamonds like these tend to cost over double the average price per carat.

Famous light pink diamonds include:

• The Steinmetz Pink(59.60 carats)
• The Princie Diamond(34.65 carats)

Evaluating Pink Diamond Color

Diamond grading labs consider hue, tone, and saturation when assessing pink diamond color. But labels like "Fancy Vivid" or "Fancy Light" only tell part of the story.

The specific descriptions of color thrown around at auction tell the rest – sunrise shades, romantic rose hues, and ballerina pinks each speak to a specific personality. The spectrum of pink diamond color contributes intricacy and mystique at every turn.

Our jewelry store has a wide selection of diamonds – from classic crystal stones to rare specimens such as blue or pink diamonds. If you want to buy loose gemstones or jewelry with gemstones inlaid, browse the list of all the precious stones available in stock on our official website at vividcarat.com. We work in New York City.

Pink Diamond Prices Per Carat

The combination of scarcity and racy appearance pushes pink diamond values ever higher, with intensely colored larger stones reaching dizzying costs per carat.

Record-Breaking Auction Sales

Recent years saw pink diamonds consistently break auction records, including:

• $2.7 million per carat for The Raj Pink Diamond in 2017
• $2.6 million per carat for The Pink Promise sold in 2017
• $2.3 million per carat for The Pink Legacy in 2018

As the Argyle mine – the source of 90% of global pink diamonds – was closed in 2020, prices per carat continued setting new benchmarks in New York City and other areas.

Assessing Pink Diamond Investments

Combining an eye for gemology with an awareness of market factors allows smart investments.

Fancy vivid pink diamonds, with a size of over 3 carats and from reputable sources, provide excellent options. However, even stones with lower clarity or paler colors could cost hundreds of times more, due to the limited supply of pink diamonds.

In the world of rare gemstones, pink diamonds have an extremely high intrinsic value and are highly liquid.

Unearthing Pink Diamonds

The exciting journey from ancient geology to polished gem takes millions of years.

Natural pink diamonds primarily originated from three sources:

• Argyle Mine, Australia- This mine produced over 90% of the world's pink diamonds until it was depleted in 2020. The finite supply from its pits and underground tunnels limits future availability.
• Golconda Region, India- Historic mines in this area were famed for phenomenal stones like the Daria-i-Noor (one of the largest pink diamonds at 182 carats). Though inactive now, the region still yields occasional pink rough finds.
• Premier Mine, South Africa- This mine yields extremely rare pink diamonds often less than 0.20 carats. The property extends 40+ acres with operations planned until 2050.

Mining Methods

Sorting equipment and expert gemologists separate rough pink diamonds from worthless rock based on crystal shape, hardness, and surface quality.

• Underground tunnelsallow systematic assessment and extraction of diamond-bearing ore.
• Open pitslike Argyle's provide easier access but require complex structural supports.

From turbulent volcanic eruptions producing carbon crystals to state-of-the-art mines unearthing them, the origins of pink diamonds span immense geologic space and time. Rarity and chance intermix with human endeavor in bringing these colored gems to market.

The Science Behind Pink Diamond Beauty

The exotic chemistry and meticulous certification involved with pink diamonds underline their prestige in the gem world. Gaining insight into how these stones achieve their signature color and confirming their authenticity ensures appreciation of their full value.

Why Are They Pink

Pink diamonds receive their hue from structural irregularities and mineral traces interacting with light.

The main reasons involve:

• Plastic Deformation- Distortions in the diamond crystal lattice act like a prism
• Nitrogen Impurities- Impacting light absorption and reflection
• Slip Fibers- Layering effects producing pink hues

These reasons can be combined to enhance the hue.

Treatments and Enhancements

Unlike other colored diamonds, few pink diamonds undergo treatments to improve color. The most common method involves high heat and pressure, but results have inconsistent permanency.

Untreated pink diamonds cost over 15 times more on average than treated stones.

Certification Matters

Verifying quality and reassurance of no modifications comes through independent grading reports from:

• GIA – The Gemological Institute of America
• AGS – American Gem Society
• Other Reputable Laboratories

These respected institutions assess diamonds across established standards using advanced tools and expertise. For natural fancy pink diamonds, certification builds added confidence and value.

Rarity and mystery surround the unique chemistry behind pink diamonds. Sound scientific analysis paired with reliable certification affirms their prestige and authenticity.

An Intriguing Investment Asset in Pink Diamonds

The combination of scarcity and captivating beauty positions pink diamonds as a distinctive long-term investment vehicle for gems and alternative assets.

Supply Limits Drive Value

Rising global wealth expands the pool of eager buyers.

Over the past decade, top-tier pink diamonds increased in value by 425% and average prices grew by over 81% in 2021 alone. There is more to come.

Key Investment Factors

Investing even $100,000 can secure internationally certified natural pink diamonds with excellent growth prospects.

Outlook Going Forward in New York City

As pink diamond sourcing from Argyle runs out completely by 2022, supply will no longer meet surging demand. This paves the way for stratospheric price acceleration. For investors, prestigious hedge funds, and diamond enthusiasts, the unique beauty and extreme rarity of these gems combine into a highly profitable asset.

For those interested in buying rare gemstones as an investment, our jewelry shop located in New York City has dozens of precious minerals available in stock. Whether you want a loose gemstone or a piece of jewelry, we have something for everyone's taste. We offer full assistance, from picking gems out of the catalog to purchasing them.