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Pink Diamonds: A Buying Guide

White diamonds are no longer bought by a number of wealthy people. To such people, white diamonds have become ordinary. 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. Pink diamonds are on average 20 times more valuable than white diamonds. Because of this,a lot of people are buying pink diamonds for investment purposes. On average 3 years is enough for pink diamonds to appreciate by up to 50 percent. This is one of the reasons why people are opting to invest in them. The advantage is that any individual can put their money in these rare minerals. You can invest in these minerals even if you are not wealthy

Pink Diamonds are Rare Because of This Reason

Pink diamonds are so rare because of a number of 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. In addition, a certain site in Australia accounts for 90 percent of pink diamonds. The site’s name is Argyle pink Diamond situated near Perth ,Western Australia. Production in the mine began in 1983 and is set to conclude in the year 2020. Countries such as South Africa. India, Brazil and Indonesia account for the rest of the 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.
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Generally, white diamonds are judged on clarity, carat weight, cut and color. On the other hand, pink diamonds are judged using a different criteria. In this instance, darker pink diamonds fetch high prices. Ultimately, buyers ought to choose pink diamonds that inspire them. Apart from color saturation, it is essential for a person to consider their budgets when purchasing pink diamonds. If you have more money, then you can go for the most expensive pink diamond. Pink diamonds that have a darker hue are the most expensive. Your budget will decide whether you’ll go with darker or lighter shades. Other qualities that determine the quality of pink diamonds include hue, brightness and intensity.

Attribution

With 90 percent of pink diamonds coming from one site in Australia, it is safe to say that most of the diamonds being sold are legit. However, you should inquire about the origin of each and every piece of diamonds you buy. You can avoid purchasing diamonds that have been acquired through violence if you know the the origin. For example you should never purchase diamonds from sierra Leon Last but not least you can purchase pink diamond from a select jewelry retailers. Also, you can purchase pink diamonds online.