Pink Diamonds: A Buying Guide
A number of wealthy people no longer purchase white diamonds. The view of such individuals is that white diamonds are average. Instead most wealthy people opt to purchase certain types of colored diamonds which are rare and highly valuable. Among other diamond varieties, pink diamonds are the most rare and valuable. White diamonds are 20 times less valuable than pink diamonds. As results, lots of people are acquiring pink diamonds for the purposes of investing. Pink diamonds can appreciate by 50 percent or more by average in 3 years. This is the main reason that the rich use them as investment instruments. The good thing is any person can invest in these rare metals. One doesn’t necessarily need to be rich to invest.
Why Pink Diamonds are So Rare
Due to a number of reasons, pink diamonds are very rare. You can only find 1 pink diamond in every 10,000 mined. The pink color in diamonds is still a mystery as scientists are yet to find the cause. In addition, a certain site in Australia accounts for 90 percent of pink diamonds. The site is known as Argyle pink diamond mine and is located in Perth Western Australia. Production in the mine is set to conclude in 2020, though it began in 1983. Countries such as South Africa. India, Brazil and Indonesia account for the rest of the pink diamonds. The Us, Japan and India are the biggest buyers of pink diamonds.
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When Purchasing Pink Diamonds Consider the Following Tips
The 4 Most Unanswered Questions about Jewelry
Generally, white diamonds are judged on clarity, carat weight, cut and color. Pink diamonds are judged differently on the other hand. Darker pink diamonds are the most expensive in this case. One should ultimately choose pink diamonds that’s inspiring. When purchasing pink diamonds, you ought to consider your budget other than color saturation. If you have more money, then you can go for the most expensive pink diamond. The most expensive diamonds are dark in color. The decision to go with lighter or darker shade depends on your budget. Other qualities that determine the quality of pink diamonds include hue, brightness and intensity.
Bearing in mind that 90 percents of all pink diamonds come from a single site in Australia, means that most pink diamonds being sold are legitimate. However, you should inquire about the origin of each and every piece of diamonds you buy. Being aware of the origin of diamonds helps you avoid diamonds bought from violent areas. You should for instance avoid purchasing diamonds coming from Sierra Leone. Last but not least you can purchase pink diamond from a select jewelry retailers. In addition, pink diamonds can be bought from the internet.