Pink Diamonds

Pink diamonds are one of the rarest and most treasured colours commanding some of the highest prices per carat ever paid.

Pink diamonds are becoming more popular because of the Argyle mine in Australia. This mine has been producing a good deal of pink diamonds. In fact, the Argyle mine produces around 90% of the pink diamonds being mined.

The legend of Argyle pink diamond has grown over the past ten years. At the 1989 Christie's auction in New York a 3.14 carat Argyle pink sold for $1,510,000. Privately, Argyle has sold pink diamonds for up to $1 million a carat.

For years the white diamond was considered the world's most beautiful diamond, until the discovery of the Argyle mine heralded the arrival of the Argyle pink diamond. Never before had pink diamonds displaying such intense shades of colour been seen. The pink diamonds of India, Brazil and Africa were characteristically light in colour and paled even further when placed beside the intensely pink Argyle diamonds. The natural colour diamonds have in fact been around as long as the classical whites but in much smaller quantities and never in great demand.

Grading pink diamonds is a little different than grading pure diamonds. When grading fancy diamonds you must also take their color into consideration. This is done by considering factors such as the hue, tone, and saturation of the color. The prices per carat are determined by the intensity of colour.