Valuable Lessons I’ve Learned About Jewelry
Interesting Facts You Should Know About the Argyle Pink Diamond People say that pearls are a girl’s best friend. However, these pearls are in a fierce competition with diamonds as far as getting a woman’s attention. Diamonds are not just known to be favorites of women considering many men love them too. 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. Each stone is usually priced depending on factors such as shape, size and carats. 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. They Are Exclusively Found in Australia These pink diamonds are indigenously Australian, meaning you’d have to plan a trip Down Under if you wanted one. These diamonds are mined at the Argyle diamond mine, which happens to be the world’s largest source for pink diamonds. This mine produces more than ninety percent of the world’s natural pink diamonds. However, only one percent of the massive output consists of 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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The Pink Diamonds Are So Rare
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The pink diamond is no doubt a rare stone. They are rarely found in nature, and they only account for only one percent of the total diamond production in the world. This kind of rareness is comparable to a needle in a haystack. It is also vital for one to know that it’s only through annual tenders, that you can get an opportunity to purchase the most rare varieties. 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. They have such a high value to a point that their cost appreciates with time. One can look at it as an investment. This is because the amount of money you spend buying it today, will be lesser than the amount of money you will get back if you sell it in the future. They are High on 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 will in turn make the value and price increase and very fast for that matter. In addition to this, the natural pink diamond market is very strong and highly reliable. This is clearly seen in the fact that the cost of the stone has gone up by 35% in the last year. The 1 to 1.5 carat pink diamonds have a higher demand in the market and are more expensive. One can gauge the demand by considering the size, purity and quality of the diamond. The Shades of Pink Vary In These Diamonds The great thing about these diamonds is they have lighter to darker shades that nearly resemble red. This is goof since, it allows men who love diamonds to equally participate in the diamond frenzy.