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Things You Didn’t Know About the Argyle Pink Diamond Many times it is said that pearls are a woman’s dear friend. However, these pearls are in a fierce competition with diamonds as far as getting a woman’s attention. Nevertheless, even men sometimes obsess over these precious stones. This is simply because they add a taste of class and style to one’s looks. The diamond is a special kind of stone, so unique indeed; they also 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 is the focus of this particular article and highlighted herein are some interesting facts that will blow your mind. The Pink Diamond is Indigenous to Australia if you are not from Down Under, then you may have to organize a trip to Australia because these babies are exclusively mined and sold within the country. The diamonds are mined from the world’s largest pink diamond source, which is Argyle Australia. More than 90% of the world’s natural pink diamonds come from here. Nevertheless, just a mere 1 percent of the massive output is 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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The Pink Diamonds Are So Rare
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There is no doubt that the pink diamond is a very rare stone. Out of all the diamonds produced in the world, it is so rare that it only accounts for a mere one percent. This kind of rareness is comparable to 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. These tenders are so important that you need special invitations just to be part of the auction. The high value placed on these diamonds is as a result of how exceptional they are. This in turn makes their cost increase as time goes by. You could call this an investment. This means that if you have purchased one today, you can end up selling it at a higher price than the buying price. They are High on Demand The demand and supply curves for this particular diamonds are out of this world. Their demand is quite high because they are extremely rare. This makes their price and value increase at an equally fast rate. 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 1 to 1.5 carat pink diamonds have a higher demand in the market and are more expensive. One can gauge the demand by considering the size, purity and quality of the diamond. The Diamonds Come In Different Shades of Pink Another interesting fact about the pink diamonds is that they vary in the shades of pink color. This means that both men and women who appreciate the precious stones can wear them.