Why are pinkish Diamonds so Expensive ?
Pink diamonds are renowned for their exquisite lulu and rarity , get them extremely sought after and therefore , expensive . The elemental reason behind their exorbitant cost ticket lies in their limited supply . These dazzling gems are predominantly sourced from the Argyle Mine in Western Australia , which has been the primary producer of pink diamonds for several decades .
One of the key factors that contribute to the scarcity of pink diamonds is their geologic formation . Similar to snowy rhombus , pink diamonds are indite solely of carbon . However , what set them apart is their shaping cognitive operation , which takes place over millions of years within the depths of kimberlite pipes find in volcanic regions . This born phenomenon occurs under immense press and intense heat , lead in the creation of these stunning pink stone .
The rarity of pink diamonds can be attribute to several geological agent . Firstly , the formation of kimberlite pipes is a relatively rare occurrence in itself . These volcanic structures are responsible for lend the diamonds to the Earth ’s airfoil through volcanic eruptions . Furthermore , the condition required for the establishment of pinkish diamonds within these pipe are even more surpassing , making their occurrence even scarcer .
The Argyle Mine , which describe for the majority of pinkish diamond output , is known for its exceeding timber and vibrant pink chromaticity . However , the mine ’s production is limited due to its finite resources . It is forecast that less than 0.1 % of the diamonds mine from the Argyle Mine are classified as pink , make them exceptionally uncommon and highly coveted by collectors and investor alike .
Another factor that adds to the exclusivity and value of pinkish diamonds is their unique color grading system . Unlike other dark diamonds that are evaluated ground on the intensity and chroma of their color , pink diamonds are assessed base on their hue , tone , and impregnation . This grade system takes into account the specific tincture of pinko , the level of dark or agility , and the chroma of the color , further add to the complexness and infrequency of these stones .
The scarceness of pink diamonds has been further amplified by the imminent closure of the Argyle Mine . In 2020 , it was declare that the mine would discontinue operations by the death of 2021 , in effect eliminating the elemental generator of pink diamonds . This impend closure has led to a upsurge in requirement and a subsequent increase in Leontyne Price as collectors and investors scramble to assume these rare gems before their supplying diminishes even further .
Personal experience and anecdote can facilitate to exemplify the temptingness and curio of pink diamond . For example , during my sojourn to a high-pitched - end jewelry exposition , I had the opportunity to find the breathtaking beauty of a pink rhomb necklace . The dainty craftsmanship combined with the rarity of the pink diamonds made it a true employment of art . The jeweller explained the painstaking process involved in source these rare gem and the limited availableness , which vindicate the high price tatter .
pinkish diamonds are exceptionally expensive due to their limited provision and the intricate geological processes involved in their formation . The rarity of these gems , coupled with the impending block of the Argyle Mine , has created a surge in demand and afterwards driven up prices . The singular color grading system and the spellbind beauty of pinkish diamond further add to their exclusivity and allure . As a outcome , these rare jewel remain highly coveted and continue to overlook premium terms in the market .
Caroline Bates
