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How Rare Are These Pinks Exactly?

by admin by Sep 08, 2017 154 1
The market for pink diamonds is quite separate to white diamonds, and due to their rarity, pink diamonds typically command prices far in excess of their colourless counterparts.

To put this rarity perspective, of the approximately 20 million carats produced from the Argyle Diamond Mine, less than 1% are pink. Remarkably, this small production represents over 90% of the world’s pink diamond supply.

It has been cited that some medium quality pink diamonds attract prices 20 times higher than their white diamond equivalents. This gap has been known to widen for higher qualities of Argyle pink diamond.

It is difficult to draw parallels with price performance of pink diamonds and the price performance of published commodities. In fact, Argyle pink diamonds appear to defy logic and to defy gravity.

Rarity, uniqueness and a finite nature drive the value of the Argyle pink diamond in much the same manner as art. It is therefore unsurprising that the price performance of pink diamonds more closely resembles that of the price performance of some of the world’s finest masters. Both assets share similar virtues and belong in the world of connoisseurs and collectors.
Tags: Fashionnews
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