Friday, December 6, 2013

Pink Diamonds - 10 Fun Facts About These Beautiful Gems

By Garen Tovah


Pink Diamonds are not really common and we all know it! But that doesn't mean you can't enjoy knowing some interesting facts relating to pink diamonds. Here are ten we have picked out, how many more do you know of?

1. The Pink Panther Diamond is one of the most famous diamonds. However, the fact is that it never existed!

2. The 1-1.5 carat pink diamonds have the highest demand in the market.

3. The rarest variety of pink diamonds is only sold through annual tenders. You need special invitations to be a part of such auctions.

4. Naturally pink diamonds are very rare and 98% of the jewellers in the world have never seen it in their life.

5. At one stage in our history, only royalty were offered pink diamonds.

6. It takes more than a year to collect 50-60 pink diamonds out of the millions of stones produced by Argyle in one year.

7. The colour pink obtained by diamonds has been created due to structural pressures exerted on carbon molecules during its formation. This whole process would have taken over 3 billion years.

8. The price of pink diamonds appreciates around 20% a year. Thus, it should be anticipated that the prices of this variety of stones may have no limit once the Argyle mine is closed.

9. The Argyle Diamond Mine is located in North West Australia. The mine takes care of over 90% of demand of pink diamond in the world.

10. Currently, the market for natural colour pink diamonds is quite strong and promising. This can be anticipated with the fact that the prices of the stone have risen by 35% in the last couple of quarters of the year.




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