How To Buy Pink Diamonds
White diamonds are no longer bought by a number of wealthy people. The view of such individuals is that white diamonds are average. Alternatively, most wealthy individuals opt for certain kinds of diamonds that are not only rare but highly valuable. Among other diamond varieties, pink diamonds are the most rare and valuable. On average pink diamonds cost 20 times more than the cost of white diamonds. As results, lots of people are acquiring pink diamonds for the purposes of investing. On average 3 years is enough for pink diamonds to appreciate by up to 50 percent. This is a major reason why the wealthy use them as investment instruments. The good thing is any person can invest in these rare metals. One does not necessarily need to be wealthy in order to put money into these metals.
Pink Diamonds are Rare Because of This Reason
The rarity of pink diamonds is down to a few reasons. 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. Also, 90 percent of pink diamonds come from one site in Australia. The location is called Argyle Pink Diamond site and is situated in Western Australia in the City of Perth. Production of diamonds in this location started in 1983 and will end in 2020. India, South Africa, Indonesia and Brazil account for the remaining 10 percent of pink diamonds. The largest market for pink diamonds is the US, followed by japan and India.
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What to Consider When Buying Pink Diamonds.
Lessons Learned from Years with Sales
White diamonds are generally judged on color, clarity, carat weight and cut. Pink diamonds are judged differently on the other hand. In this instance, darker pink diamonds fetch high prices. In the end, one should go for pink diamonds that’s motivating. When purchasing pink diamonds, you ought to consider your budget other than color saturation. If money is not an issue, then you can opt to go for the priciest pink diamonds. Pink diamonds that have a darker hue are the most expensive. The decision to go with lighter or darker shade depends on your budget. Additional qualities that determine the price of pink diamonds are brightness, hue and intensity.
Most of the pink diamonds being sold are legit if you take into consideration that 90 percent of pink diamonds are mined from one site in Australia. You should however make sure that you ask the origin of every piece of diamond you purchase. Knowing the origin helps avoid buying diamonds that have been acquired though violence. For instance, you shouldn’t buy diamond originating from Sierra Leone. Lastly, you can purchase pink diamond from popular jewellery retailers. Also, you can purchase pink diamonds online.