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Facts You May Not Know About the Pink Diamond Mined in Argyle It’s said that pearls are a woman’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 because they are stylish and classy. The diamond is a special kind of stone, so unique indeed; they also come in a number of varieties. Diamonds have been mined for several number of years. Each stone is usually priced depending on factors such as shape, size and carats. The pink diamond is the focus of this particular article and highlighted herein are some interesting facts that will blow your mind. 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 out of the one million rough diamonds that are mined only one carat of the pink diamond is sellable .
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They Are Very Rare
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The pink diamond is no doubt a rare stone. This kind of diamond is seldom found in nature and it’s only one percent of the total diamonds produced 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. The significance of the tenders demands that every buyer should have an invitation to the auction Their seldom nature highly contributes to their high value. This in turn makes their cost increase as time goes by. 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 High on Demand Demand and supply curves for this stones are simply insane. Their demand is quite high because they are extremely rare. This means that because of the high demand, the cost and value of these diamonds also increases. The market for the natural color pink diamonds is very strong and promising. This can be seen in how the cost for these diamonds has gone up by 35% in the last one 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 Shades of Pink Vary In These Diamonds 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.