The investment opportunities associated with pink Argyle diamonds are numerous. The value of these gemstones has risen over 450% in the last 10 years, according to a recent PWC report. They are relatively rare and expensive but they are also subject to the traditional forces of supply and demand. Here are some reasons why you should invest in these gems. Read on for some benefits of owning a pink Argyle diamond.
Argyle diamonds are rare
Although the Argyle mine in Scotland began production in 1983, the world has yet to witness the discovery of the pink Argyle diamond. Despite their rarity, the Argyle Mine is a major source of pink diamonds. It produces a tiny fraction of the world’s supply: 1% of the total. In fact, the Argyle Mine is the only place where pink diamonds are produced.
While other colored diamonds gain their color from impurities, investing in pink argyle diamonds get their color from a unique process. These stones undergo an intense process that alters the crystal lattice, which ultimately turns it pink. The intense heat from the formation process causes the pink coloring of diamonds. The densely packed graining planes in Argyle diamonds are responsible for their deep pink color. Despite their rarity, there are several treatment methods that can enhance the color of pink Argyle diamonds.
They are highly saturated
In recent years, the price of Argyle pink diamonds has been rising steadily. Since its discovery in the late 1800s, the Argyle mine has become synonymous with quality and purity. But as the mine closes, they will become increasingly rare. So, how do you protect yourself? First, you need to be aware of the facts. This is because Pink Argyle diamonds are highly saturated.
The price of Argyle pink diamonds varies depending on the amount of saturation and color. Hence, the pink colour of an Argyle diamond is very different from other pink diamonds. The images below are representative of a range of pink Argyle diamonds. The color intensity of these diamonds differs within each category. For more information on this, read the Additional APD Colour Grades Listing.
They are expensive
If you’re looking for a lab grown diamonds UK ring that will enchant your loved one, pink Argyle diamonds are an excellent choice. Although pink diamonds can be found in other mines, the quality and price of these stones is very different. Although other diamond mines occasionally produce pink stones, they don’t have the darker ‘cherry’ color. The Argyle mine produces these gems only occasionally.
The intensity of a pink diamond ranges from 1 (very intense) to 9 (medium light), and the price of a ring will depend on these factors. The GIA’s pink diamond grading system grades each stone according to color saturation, which impacts its final cost. The more intense the pink color, the larger the size, and the higher the clarity, the higher the cost. Argyle diamonds are most often cut into cushion, radiant, or pear-shaped stones.
Supply and demand
Although the Argyle diamond mine has only been in operation for a short period of time, the market for pinks has always been in demand. The pinks are more rare than white diamonds and are insulated against the current economy due to their rarity. In recent years, a high-priced piece of pink argyle was sold for more than US$68 million to a Chinese billionaire, Chow Tai Fook. A recent sale of a pink diamond from Graff and Harry Winston, which were bought by Chow Tai Fook, proved the demand for these gemstones. The demand for pink diamonds has shown no signs of abating.
While De Beers has the monopoly in the diamond industry, Rio Tinto has changed the landscape of the industry. While De Beers still controls a large share of the industry, it is now a small minority. While other mining companies have joined the industry, they all are subject to the traditional forces of supply and demand. As a result, demand for pink argyle diamonds has been subject to fluctuating prices.
The Argyle grading system, which divides pink diamonds into four categories, is the gold standard for grading these gems. The grading system is based on a diamond’s shape, size, faceting arrangement and colour. The Argyle grading system emphasizes the intensity of a diamond’s colour, rather than its specific hue. Consequently, pink Argyle diamonds are graded on a scale of D-Z, whereas yellow and green diamonds fall into a higher range. As such, a diamond’s color will be valued more highly over time if it is certified by the GIA.
Though the GIA certification does not guarantee a diamond’s quality, a GIA-certified pink argyle diamond will command a higher price than a typical pink argyle. In general, pink diamonds can be found in a wide range of shades, and an Argyle stone with a high intensity of pink is more expensive.