Pink diamond Education
When buying a pink diamond for any purpose it is very important to educate yourself on their unique quality aspects to ensure you make the correct selection, as they are very expensive and the grading priority is different to selecting a standard diamond.
Only One Pink Diamond for Every One Million Carats of Diamonds Found
With only one pink diamond for every one million carats of diamonds found, pink diamonds are of ultimate rarity and one of nature’s true beauties. The pink colour within a diamond is not created through anything being added to the diamond but through a warped disruption of the diamond’s crystal lattice, which alters the light entering the diamond causing only the pink spectrum of light to emerge.
How to select a pink Diamond
When starting the purchase process most buyers will have a certain idea in their mind as to their ideal diamond. Selecting a pink diamond from the Argyle diamond mine is about understanding the purpose of the purchase and how the grading relates to that need, however, the ideal selection can often be disrupted by the cost.
Pink Diamonds Cost 300 Times More Than White Diamonds
The major factors contributing to how you will select a pink diamond are budget and availability. The price of an Australian pink diamond is as much as 300 times the cost of a white diamond any non-serious buyers are going to be quickly eliminated and for those who are serious the budget will help identify what size and quality range will be possible. Once the budget has been set then the selection will come down to generally only a handful of possible diamond options as with such rarity availability is quite limited on the diamonds with the highest demand.
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The availability of pink diamonds from the Argyle Mine
The rarity of Australian pink diamonds is the major factor as to why they are so expensive. With the Argyle diamond mine being the single major source of pink diamonds in the world and still only one carat out of every 100,000 carats mined being of pink colour they really are a true rarity. As each diamond is sold there is only ever a very small number being rolled out into the market at any one time. This is why selecting a diamond is more about what is available than what may be your ideal selection. A flexible approach is often best as trying to find an exact match diamond can often be near impossible and may take several years for one to become available.
What colour pink diamond should I choose?
The deeper or more intense the colour of the diamond the more expensive it will be and the more difficult it will be to find.
Choosing your colour is usually going to be a balance between what you find attractive and what is going to work best for the intended purpose.
The colours that we find are the most attractive and popular with our clients due to their saturation and reasonable value are graded 3PR, 4P/PP/PR, 5P/PP/PR and 6P/PP/PR. The smaller diamonds in this grade do need to be clustered to help enhance their colour and larger stones will be quite visibly pink and are suitable for jewellery and investment.
Pink diamonds graded from 7-9P in colour are faint to very light pink in colour and provide a very subtle pink appearance and often require a little enhancement to be noticed in jewellery and have very little investment attractiveness.
The deepest and vividly noticeable pink diamonds even in the smallest of stones are graded 1-3P/PP/PR in colour, these are the true collector pieces for high-end investment and stunning luxury jewellery.
With every single jump in colour grade, the price can almost double for a similar-sized stone, which means making the right colour choice an imperative part of your selection.
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Pink Diamond Clarity Selection
It is well known that although the colour quality of the pink diamonds from the Argyle diamond mine is unmatched, the clarity of these diamonds is more often below the standard you would expect for such an expensive purchase. Despite the price it is actually quite common to have a near or slightly visibly grade inclusions in an Australian pink diamond. Coloured diamonds are more likely to mask the inclusions within a diamond much better than a white diamond shifting the standard clarity assumptions of quality. Clarity still plays a very important factor in the price and with the focus on the colour, clarity is often the preferred sacrifice. An eye-clean diamond will always remain important to most buyers and a Si1-2 grade is generally sufficient. Finding a higher clarity in the VS-VVS range is difficult to acquire and does increase the absolute rarity of the diamond and will certainly increase the worth of the stone. However, in most cases, it will not actually increase the demand for the diamond with investors often seeing less value in purchasing a pink diamond of high clarity over the ability to increase the size or colour.
Consult an expert when selecting a pink diamond
As the expense of pink diamonds is so high and the prices are so varied we suggest that the best approach to any serious Australian pink diamond buyers is to consult a pink diamond expert. With such an expensive purchase making the right decision can only be done with the assistance of an experienced diamond merchant who can walk you through the selection process and assist with finding the diamond that will be the most appropriate for your requirements. Knowing how and why you want to invest in pink diamonds and having as large a selection of diamonds available is the best way to correctly purchase a pink diamond at the right price.
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