Pink Diamond Jewels That Will Leave You Mesmerized
Pink Diamond Jewels That Will Leave You Mesmerized
Similar to many fancy diamonds around the world, pink diamonds in particular are extremely rare and exuberantly priced. The gorgeous bubblegum pink hue is among the rarest colors of the niche. With limited supply, pink diamonds are highly coveted globally. The Argyle Diamond Mine in Western Australia is known to produce 80% of the world’s pink diamonds – and they are so rare that less than an entire year’s worth of supply over half a carat would fit in the palm of one’s hand! The alluring pink color makes it highly valued and prized for many collectors.
The Argyle Mine is anticipated to close by the end of 2020, thus the supply of pink diamonds is expected to drop and the scarcity of these already coveted diamonds will deepen. Furthermore, experts predict that the substantial shortage of pink diamonds will result to a steep price incline.
Pink diamonds are mined yearly and out of every 1 million carats, only 1 carat is suitable for the market.
Natural Pink Diamonds
Pink diamonds are the only color diamonds that have no additional elements. Most color diamonds obtain its color from inclusions, such as nitrogen for yellow, and boron for blue. However, the color pink doesn’t come from any inclusions, but rather from its crystal lattice distortion. It’s imperfection makes it unique and very hard to replicate in the lab. Thus, lab grown diamonds at this moment are unable to replicate a natural pink diamond entirely.
There is more than one variation of pink and the more intense the pink the more valuable it is. Pink diamonds often come with a secondary hue thus making every pink diamond unique. The secondary hues are purple-pink, orange-pink, and brown-pink.
Pink diamonds have been around for many years. The first-ever pink diamonds discovered were named Daria-i-noor and the Noor-ul-ain. Moreover, the Pink Star diamond and Queen Elizabeth’s pink diamond brooch are exceptional jewelry pieces that have painted history to this day.
The Daria-i-Noor
The most well-known gem in history, the Daria-i-Noor is a table-cut light pink diamond that weighs 186 carats and was worn by numerous kings throughout history. The as part of a crown until 1739. It is one of the largest cut diamond in the world and was part of a crown until 1739. The name means ‘Sea of Light’ in Persian and is currently part of the Iranian crown jewels.
The Graff-Pink
This exceptional pink diamond sold for $46.2 million to Laurence Graff at a Sotheby’s Geneva auction in 2010, making it the most expensive diamond sold in the world at that time. Formerly owned by Harry Winston, this magnificent diamond is a 24.78 carat fancy intense pink round-cornered rectangular step-cut diamond.
Noor-ul-Ain Diamond
The Noor-ul-Ain diamond is the centerpiece of a tiara of the same name. It is one of the largest pink diamonds in the world, weighing 60 carats. The larger than life oval-cut pink diamond is mounted along 324 additional colored diamonds.
The Pink Star
The Pink Star is currently the most expensive diamond sold at an auction. The 59.6 carat fancy vivid pink stone fetched at a record-breaking price of $71.2 million at Sotheby’s auction in Hong Kong.
The Unique Pink
The Unique Pink diamond is one of the largest fancy vivid pink pear shaped diamond ever sold at an auction. The 15.38 carat diamond sold for $31.6 million at Sotheby’s auction in Geneva.
Pink Diamond Brooch
The only thing better than a gorgeous diamond is a gorgeous, rare colored diamond. The center stone of Queen Elizabeth’s brooch is an amazing 23.6 carat pink diamond. The flawless pink diamond was discovered at the Williamson diamond mine in Tanzania in 1947. It was a wedding present from Canadian geologist Dr. John Williamson; Cartier later made it the centerpiece of this diamond and platinum brooch.
The scarcity of pink diamonds continues to make them a highly sought after color diamond. The enigmatic allure of pink diamonds exudes romance, love and grace – all which amplifies the beauty of this glorious stone. All in all, pink diamonds are mysterious, yet incredibly valuable!
Cover Photo Courtesy: Financial Times
