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Interesting Facts You Should Know About the Argyle Pink Diamond It’s said that pearls are a woman’s best friend. However, these pearls are in a fierce competition with diamonds as far as getting a woman’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. The mining of the stones has gone on for several years. Each stone is usually priced depending on factors such as shape, size and carats. This particular article highlights interesting facts about the pink diamond, below are some things you probably didn’t know about this diamond. 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. 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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One of the rarest stones in the world is definitely the pink diamond. They are rarely found in nature, and they only account for only one percent of the total diamond production in the world. Now that is a needle in the haystack, type of rare. It is also important to note that the rarest varieties of this pink diamonds are only sold through annual tenders. Moreover, every individual who wishes to access the tenders can only participate in the auctions if they have a special invitation. 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 you can buy one today and sell it tomorrow at more than you got it for. They are Extremely on Demand The argyle pink diamonds have an insane demand and supply curve. Their rareness makes their demand rate quite high. This means that because of the high demand, the cost and value of these diamonds also increases. In addition to this, the natural pink diamond market is very strong and highly reliable. 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. One can gauge the demand by considering the size, purity and quality of the diamond. The Shades of Pink Vary In These Diamonds One of the coolest things about these diamonds is that they have varying shades. This is goof since, it allows men who love diamonds to equally participate in the diamond frenzy.