Diamonds are forever but what tops ordinary diamonds are pink diamonds that are even rarer and expensive. Diamonds have always been symbolized as a token of true love that is going to last. Diamonds today are not just a fashion statement or viewed as a token of love. They are of far greater value and hence seen as an investment opportunity that is likely to give a return rate of 15% per year.
Why are colored diamonds a good investment?
To understand why the colored diamonds are a good investment you have to know how it is formed. Gemologists are still unsure about what gives these diamonds their signature pink color. It is speculated that they are created under greater pressure conditions than a normal white diamond is. Another theory suggests that seismic shock thrust some diamonds near to the surface which modified their molecular structure and the external conditions, causing them to develop the pink color.
Also, they are mostly mined in Australia. To be exact, 95% of the colored diamonds have been mined in the Argyle mine situated in the East Kimberley area of Western Australia. But only as little as 1% of the diamonds mined from the Argyle mine have a distinct pink color. To add to its rarity, scientists have predicted that there remain 500 pink diamonds across the world. Pink diamonds are prized for their color, size, and clarity. A perfect spotless pink diamond is quite exquisite and only one such pink diamond exists. It has been named the Pink Star or the Pink Dream and is known to be completely flawless.
Now that it has been established what a rarity pinks diamonds are, you need to know is how to buy Argyle diamonds. You can buy them online or from a shop, retailer, dealer, or auction house. All you have to check is whether the vendor is a licensed one and has high-quality photos of it.
The color can fluctuate based on the light it is photographed under so remember to check it under different lights. Buy Argyle diamond if you want an investment that is unique and retains its value irrespective of the time passed. Argyle diamonds have a unique composition which is due to a volcanic pipe made of olivine lamproite, where these diamonds emerged from.
Check for the 4Cs of diamond that are Carat, Cut, Clarity, and Color. The color and size are of great importance in this case. Smaller size diamonds with darker shades are priced more and large-sized diamonds with some impurities are also priced high. Argyle diamonds usually have a light pink tone but darker shades nearing violet or red are rare. Ask for the color grade of the diamond when buying it. Diamonds are graded from 1 to 9 for their color intensity. 1 being the highest and 9 being the lowest. The prices of Argyle diamond a few years back were below $20,000 today you can get a 1-carat pink diamond for around $140,000 to $180,000.