Pink Argyle diamonds are set to become the most sought after diamonds in the world. In fact, the price for these gorgeous stones is expected to skyrocket as they are sold at auction in December. The diamonds are 100% Australian mined, cut, polished and certified. This makes them akin to artwork, and they will be worth a lot of money in the future.
Argyle’s pink diamonds are 100% Australian mined, cut, polished and certified
If you are looking for a rare diamond, you may be investing in pink argyle diamonds. These diamonds are mined in Russia, India and Australia. The Gemological Institute of America (GIA) performs independent certification.
Argyle pink diamonds have a different color grading system to the diamonds that are certified by GIA. This system grades diamonds on a scale of colorless to yellow. Argyle pink diamonds are primarily sourced from alluvial deposits.
Argyle diamonds are rarer than other diamonds. Because of their unique color, they are worth more. They also have a better reputation.
Argyle diamonds are primarily used for jewellery garnishing. However, they are also used in shoulder jewelry. A necklace named after the Argyle diamond was sold at Christie’s auction house in 2015.
There are two types of Argyle diamonds. First, there are the Argyle pink diamonds, which are sourced from the Argyle Mine. Second, there are the Argyle champagne diamonds. Both of these are mined in Russia, India and Australia.
Argyle’s pink diamonds are akin to artwork
The Argyle Mine is the world’s premier source for pink diamonds. The mine opened in 1983 and has produced about 865 million carats of natural diamond material. However, the mine is now depleted and will cease production in 2020.
While the Argyle pinks are traditionally coveted by a select group of jewelry enthusiasts, the diamonds are gaining a new appreciation among a wider audience. Many leading jewelers and non-jeweller companies have embraced the diamonds as a form of investment and as an exclusive gift. In fact, the Argyle Pink Diamonds have a reputation as the ultimate collectible.
The Argyle pinks have a distinctive hue, saturation, and color intensity. The intense bubblegum-like vibrance of these gems creates a gemological fingerprint. Argyle’s color chart includes a color hue designation, a color intensity grade, and a five-C system.
Argyle pink diamonds are ethically mined in Australia. They are classified into four color categories: pink, rose, purplish pink, and champagne.
Argyle’s pink diamonds are poised to increase in value
The Argyle Pink Diamonds are among the rarest gems in the world. Their unique colour and intensity of colour make them desirable as a jewelry item. As a result, Argyle diamond prices have become very popular. They are also valued for their rarity, with the highest quality pink diamonds commanding up to 50 times the price of a white diamond.
The value of pink diamonds has increased steadily in recent years, with many experts speculating that the supply of this gemstone may be limited. While the Argyle mine in Western Australia is expected to close in 2020, demand for this precious stone might rise in the future.
In 2012, Argyle held an exhibition in London, which invited jewellers from around the world to view the company’s collection of rare pink stones. This exhibition brought together 42 gems, worth approximately PS40 million, from around the world.
During this event, Argyle presented a pink diamond bracelet, which showcased 204 diamonds, some of them exceeding 0.5 carat. Linneys Jewellery in Perth was one of the few jewellers to have access to this tender.
Argyle’s pink diamonds will be auctioned in December
The Argyle mine is the main source of pink diamonds in the world. It is located in Western Australia, and is owned by Rio Tinto. It produces 90 percent of the world’s pink diamonds.
Over the past two decades, the value of Argyle diamonds has risen by 500 percent. But the mine will cease production in 2020. This will have an effect on consumer demand in the coming years. However, there are some alternative ways to invest in the precious stone.
One such investing in pink diamonds sale, which only a few luxury jewelry houses are allowed to participate. All bids must be submitted by the deadline of 6 December. These lots are only available during the last year of production.
There are several ateliers in the world that specialize in Argyle pink diamonds. These include Chow Tai Fook, Tiffany & Co, and Boodles.
Last year, Leibish Polnauer, an online specialist in natural fancy-coloured diamonds, witnessed a 30 percent spike in the prices of these gems. They also experienced a difficult time sourcing the stones they wanted.
