"Pink Diamonds" The Most Loved But Rarely Found

14*12MM Pink Cushion & Trillion Cut CZ Diamond Engagement Three Stone Wedding Anniversary Ring For Women 

As we all know that Ben Affleck, gave Jennifer Lopez, a dazzling pink diamond engagement ring of 6.1 carats and was valued at an incredible $1.2 million!

These pink diamonds are pretty to admire and staring at them for a long time is common. But these pretty little diamonds are one of the rarest diamonds making them very precious.

The diamond's occurrence and its unique pink hue make it a point of attraction for jewel investors, jewel collectors, and jewel lovers. But the extreme rarity of these diamonds makes them very expensive and is estimated to sell for millions per carat in today's market.

Pink Diamonds were admired by royalty for a long period of time. These diamonds are 20 times more costly than diamonds. I want to tell you an interesting but crazy fact that a one-carat pink diamond can cost anywhere between 1,00,000$ to 10,00,000$.

Did you know more than 90% of natural pink diamonds supplied worldwide are produced in Western Australia, which is well-known around the world.

Apart from Australia, they have traditionally been found in India, South Africa, Canada, Russia, and Brazil as well. An average of 1 carat of a pink diamond is available for sale for every one million carats of rough diamonds.

In terms of color scale a huge variety of pink diamonds like purplish pink, rose pink champagne, blue-violet, and red are found. The pink diamond cost varies with the intensity in the pink color i.e. less intense indicates low cost around 10,000$ and vice-versa more intense means more price 700,000$.

2017 was the year when a record of the most expensive pink diamond was sold at the public auction. This amazing gemstone got around 70 Million Dollars and it was purchased by a renowned jeweler Chow Tai Fook.

As we all know that the colorless diamonds are priced based on 4C's. But in the case of pink diamonds, these precious stones are valued based on the color variations. The brownish pink stones are at a lower price and the purplish-pink color diamonds demand a higher price.

The price of these diamonds climbs up with the increase in pink color strength. The pink diamonds when matched with secondary colors, the rarer the secondary color is, the greater will be the price.

One other factor that is helping the price hike is its carat size, as the carat size increases the price also increases. For example, you can buy a 0.5-carat pink diamond for 50 thousand dollars, but the same stone of 2 carats can cost you 500 thousand dollars.

But here unlike colorless diamonds, clarity is not a critical factor; because some stones with lower clarity can still be sold for a higher price. The reason behind this is the color, as the color conceals the flaws. When it comes to colored diamonds, shapes like cushion, heart, radiant, emerald, trilliant, marquise and pear are best to go with.

Is it Worth Investing in Pink Diamonds?

The value of pink diamonds has been increasing over the years. These diamonds have an average price ranging from 1.5 to 3 million dollars per carat. As the Argyle Diamond Mine closed, the demand for the pink diamonds will inevitably continue to push the price high up. This is noticed by the investors and diamond collectors who are aware of the supply decline of these diamonds.

So if you are planning to invest in pink diamonds like the SMSF funds, banks, and wealthy personals, then I would like to say that this is a safe zone where you can invest and get all the benefits like you can even carry these small stones in your pocket, or wear it on your finger. Don't get shocked by hearing their value, because these stones are often costlier than the real estate assets.

Best Setting for Pink Diamond Rings:-

The pink diamonds because of their attractive color make the diamond ring more desirable. If you are looking for a more economical way to have a pink diamond ring is by compromising on the size of the diamond i.e. integrating smaller diamonds(pave setting). The less the carat the less the price. 

The four Styles of pink diamond rings are raving in the market are:

1. Solitaire Ring

A large diamond has a greater weight compared to others destined for small frames. Also, it is obvious that a big diamond or gemstone is costlier than many tiny ones. This explains the greater value of the solitaire diamond among all the countless engagement rings.

2. Halo Setting Ring

In Halo Setting the appearance of the ring changes from every side. This gives an enhancement to the appearance of your pink diamond in color and scale with a halo setting made of tiny round brilliants.

3. Double Halo Setting

Same as the concept used in Halo Setting this one gives a more appealing approach to the glitter and sparkle compared to halo setting diamond ring

4. Three Stone Ring

The best thing you can do to increase the size and sparkle of your ring is to pair it with two other stones placed on both sides. This is better when the diamond size used is less than 0.60 carats.