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Pink Diamond Buying Advice A number of wealthy people no longer purchase white diamonds. Such people view white diamonds as commonplace. Most rich people instead choose to go for certain kinds of diamonds that are highly valuable and rare. While there are many varieties of colored diamonds, pink diamonds are the rarest and most expensive. White diamonds are 20 times less valuable than pink diamonds. Due to this, plenty of people are purchasing pink diamonds as investment instruments. In normal circumstances, pink diamonds can appreciate by 50% or more in 3 years. This is a major reason why the wealthy use them as investment instruments. The advantage is that any individual can put their money in these rare minerals. You can invest in these minerals even if you are not wealthy Why Pink Diamonds are So Rare Due to a number of reasons, pink diamonds are very rare. Firstly, in 10,00 diamonds mined you’ll only find one pink diamond. Scientists are yet to conclude what causes the pink color in diamond. Also, 90 percent of pink diamonds come from one site in Australia. The site is known as Argyle pink diamond mine and is located in Perth Western Australia. Production in the mine began in 1983 and is set to conclude in the year 2020. Countries such as South Africa. India, Brazil and Indonesia account for the rest of the pink diamonds. The Us, Japan and India are the biggest buyers of pink diamonds.
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What to Consider When Buying Pink Diamonds.
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White diamonds are generally judged on color, clarity, carat weight and cut. Pink diamonds are judged differently on the other hand. In this instance, darker pink diamonds fetch high prices. Ultimately, buyers ought to choose pink diamonds that inspire them. When purchasing pink diamonds, you ought to consider your budget other than color saturation. If money is not an issue, then you can opt to go for the priciest pink diamonds. The priciest pink diamonds tend to be darker. Your budget will decide whether you’ll go with darker or lighter shades. Intensity, hue and brightness are the other factors that determine the value of pink diamonds. Attribution Most of the pink diamonds being sold are legit if you take into consideration that 90 percent of pink diamonds are mined from one site in Australia. However, you should inquire about the origin of each and every piece of diamonds you buy. Being aware of the origin of diamonds helps you avoid diamonds bought from violent areas. For instance, you shouldn’t buy diamond originating from Sierra Leone. Finally, one can purchase pink diamond from popular retailers. In addition, pink diamonds can be bought from the internet.