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Friday, May 3, 2019

All You Need To Know About Australian Pink Diamonds

The fashion world has always been a tad bit lenient towards the colour pink. It is one of the driving forces that made pink diamonds an instant hit after the Argyle mine of Australian started churning out pink diamonds. Pink diamonds are rare by default. The chance of getting your hands on a pink diamond is one in ten thousand!
It makes pink diamonds highly valuable and witnesses an exponential rise in demand from all parts of the world. With that being said, here are a few interesting facts about Australian pink diamonds that makes them all the more appealing as an investment medium. So without further ado, let’s jump right to the topic.
Pink diamonds are extremely valuable
Coloured diamonds are nothing new but pink diamonds recently debuted and readily got the position of prestige as well as high value. Diamonds, although a precious stone, in recent years, a lot of people from all sections of the society owns one the case of a pink diamond is different.
Due to its price and rarity, it can only be seen adorned by celebrities and royal families alike. One can ask what makes pink diamonds so damn expensive. Well, as mentioned in the opening paragraph of this post, it is very difficult to get your hands on a pink diamond. Coloured diamonds are common but the pink hue is very hard to find readily.
They are rare
The sole supplier of pink diamonds to the global diamond market is the Argyle mine of Australia. About 90% of the pink diamonds available in the market now is mined out of Argyle. One of the most appealing features of the pink diamonds from Argyle is its intense colour and vibrant hue. To sum it all up, if you are considering diamonds as your investment medium, especially if you plan on diversifying your investment portfolio, investing in pink diamonds will be the best step forward.
The reason behind the pink colour of Australian diamonds is a great mystery!
The quality of a diamond is assessed based on the four C’s. They are:
       Colour
       Cut
       Carat Weight and
       Clarity.
When one is considering coloured diamonds as their investment medium, the most important factor to consider will obviously be the colour of the diamond. A diamond gets its colour from trace elements that are present in and around the diamond when it was forming naturally. There are a plethora of factors that can cause a diamond to have a certain hue in it. Some of those elements are:
       Presence of boron in a diamond can cause it to appear blue
       Presence of nitrogen in a diamond can make it appear yellow and the likes.
Interestingly, the reason behind the pink hue of pink diamonds is still a mystery. Scientists have yet to figure out the element that causes diamonds to have that pink hue.
The rarity of pink diamond makes it the perfect investment option for people who prefer investing in a security that is stable and is not dependent on the fluctuations of the financial market. In the end, if you want to get maximum ROI from your diamond investment, going for Australian pink diamonds will be a good idea.

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