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Facts You May Not Know About the Pink Diamond Mined in Argyle It’s said that pearls are a woman’s best friend. However, these pearls are in a fierce competition with diamonds as far as getting a woman’s attention. Diamonds are in fact so precious they get attention from both men and women. After all, they bring with them a touch of class and sophistication when worn. Diamonds are a unique type of stone, very precious indeed, and they come in a number of varieties. The mining of the stones has gone on for several years. Each stone is usually priced depending on factors such as shape, size and carats. The pink diamond happens to be one of the diamonds mined out there, and the focus of this article; here are some interesting facts about it. They Are Exclusively Found in Australia These pink diamonds are indigenously Australian, meaning you’d have to plan a trip Down Under if you wanted one. The diamonds are mined from the world’s largest pink diamond source, which is Argyle Australia. This mine produces more than ninety percent of the world’s natural pink diamonds. However only a single percent of the entire output consists of these pink diamonds. This means that for every million carats of rough diamond mined only a single carat of pink diamond can be sold.
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They Are Very Rare
Why People Think Diamonds Are A Good Idea
There is no doubt that the pink diamond is a very rare stone. They are rarely found in nature, and they only account for only one percent of the total diamond production in the world. Now coming across one of this is like looking for a needle in a haystack. It is also vital for one to know that it’s only through annual tenders, that you can get an opportunity to purchase the most rare varieties. Moreover, every individual who wishes to access the tenders can only participate in the auctions if they have a special invitation. Their seldom nature highly contributes to their high value. So valuable in fact that their price increases with time. One can look at it as an investment. This is because the amount of money you spend buying it today, will be lesser than the amount of money you will get back if you sell it in the future. They are Extremely on Demand Demand and supply curves for this stones are simply insane. Their rareness makes their demand rate quite high. This will in turn make the value and price increase and very fast for that matter. The market can therefore be termed as robust and very promising. This is evident in the 35% price rise over the last one year. The diamonds with the highest demand and price are the 1 to 1.5 carat pink diamonds. One can gauge the demand by considering the size, purity and quality of the diamond. The Pink Diamonds Come In Various Shades of Pink The great thing about these diamonds is they have lighter to darker shades that nearly resemble red. This is goof since, it allows men who love diamonds to equally participate in the diamond frenzy.