All About Pink Diamonds

Pink diamonds are some of the rarest and most valuable gems in the world, renowned for their intense, vibrant hues and the sense of luxury and exclusivity they convey. These unique and highly sought-after stones have captured the imaginations of jewelry enthusiasts, investors, and collectors alike, making them some of the most highly coveted items in the gemstone market.

Pink diamonds are incredibly rare, accounting for less than 0.01% of all diamonds mined. They are formed in the Earth's mantle under extreme pressure and high temperature, with the presence of specific mineral impurities and structural defects causing the diamond to take on a pink coloration. The intensity of the pink color can range from a faint blush to a deep, vivid pink, with the most highly valued stones being those that are the most intensely colored.

One of the most famous and valuable pink diamonds is the 59.6-carat Pink Star, which sold for a record-breaking $71.2 million at a Sotheby's auction in 2017. This diamond, which was mined in Africa, was cut from a 132.5-carat rough stone and took over two years to cut and polish. The Pink Star is widely regarded as one of the most important and beautiful diamonds in the world, and its sale broke the previous record for a pink diamond, which had been set in 2010 by the sale of the Graff Pink for $46 million.

In addition to their rarity and beauty, pink diamonds have also become increasingly popular as a form of investment. Because of their scarcity, pink diamonds have proven to be a reliable store of value over time, with prices for top-quality stones increasing steadily over the past decade. The rarity of pink diamonds has also made them a favorite among collectors, with some enthusiasts amassing entire collections of these exquisite gems.

Despite their desirability, pink diamonds are becoming increasingly difficult to find, with most of the world's supply coming from just one mine in Western Australia, the Argyle mine. This mine, which is responsible for around 90% of the world's supply of pink diamonds, is scheduled to close in 2021, making the future supply of these unique and beautiful gems uncertain.

In conclusion, pink diamonds are some of the most sought-after and valuable gems in the world, prized for their rarity, beauty, and exclusivity. Whether you're a collector, investor, or simply an admirer of exquisite jewelry, a pink diamond is a true statement piece that is sure to captivate and impress.