Pink diamonds have without a doubt entered the hearts of jewelry fans and collectors around the globe; however, as far as the pink diamond price, it seems like a mystery. Due to their scarceness and beauty most often these rare gems bring high prices. If you’re looking to buy pink diamonds either for investment reasons or on the birthday of a loved one, knowing what price dictating elements are will come in handy.
What Determines Pink Diamond Price?
The pink diamond price greatly varies and there are many other pertinent aspects, which determine their price. Part of what drives these exceptionally high prices is the fact that you are one of the rarest diamonds in the world to a large extent. Though relatively few compared to other colored stones, pink diamonds are rare; until recently the only source of them was the Argyle Mine in Australia.
Pink diamonds apart from their rarity are highly sought for their natural beauty. As dark shades of pink are far less common than lighter or intense shades of pink as they do pay a premium for diamonds that have intense and vivid shades of pink. However, pink diamonds can still cost a lot in the market, even faint ones.
Popular Shapes and their Impact on Pink Diamond Price
Price can also depend on the shape of a pink diamond. Round, oval and cushion cuts are often more expensive, because they do the best job of making the most of the diamond’s brilliance and color intensity. While not quite as cheap as other shapes, fancy shapes such as pear and heart cuts could be just a bit more affordable, often retaining their charm.
Pink diamonds in interesting shapes sometimes command a slightly premium in price as there is a seemingly endless desire for something unique. This might help determine your final cost if you’re looking for a specific shape.
Average Pink Diamond Price
Pink diamonds can also vary in size, hue and quality level, with the result that the average price can vary. Take pink diamonds, for example: smaller pink diamonds (ones under 1 carat) usually run $10,000 to $50,000 a carat. With vibrant pinks, the diamonds can exceed $500,000 per carat, sometimes even up to millions.
When setting a budget for your purchase, it’s important to understand what these ranges mean. These figures prove staggering and pink diamonds remain highly sought after, and a worthwhile investment.
Enhancements and Treatments Affect Pink Diamond Price
Treated pink diamonds are far more economical than natural pink diamonds. Also, the color enhancement treatment on some pink diamonds makes them more affordable. Treated diamonds are usually a fraction of the price of natural pink diamonds.
If a reader is hunting for a pink diamond in the market, remember to confirm if the diamond in question is natural or treated. So the distinction of it is so critical to the pink diamond price.
Why Does Origin Matter for Pink Diamond Price?
The price of a pink diamond can also be based on its origin. Despite their limited occurrence, pink diamonds from some mines such as the Argyle Mine command a premium premiumion to their history of and reputation for producing high quality pink diamonds.
The Argyle Mine has been on the verge of closure since last year, pink diamonds have subsequently become even more scarce, and ever more expensive. Those buying diamonds from this storied mine should be prepared to pay more.
Investing in Pink Diamonds
Buyers would not only appreciate the beauty of pink diamonds, but these also have great potential quality as an investment. Pink diamond price rises increase over the years making these gems a favorite investment for many investors. Meanwhile, it will continue to increase since the supply of pink diamonds is decreasing.
Buying to enjoy yourself or to invest, the market and the price have to be known. Pink diamonds are always good investments since they get rarer and rarer, but be sure that you’re paying a fair price for your pink diamond; talk with trusted diamond experts or jewelry stores for advice.
Conclusion
The pink diamond price is decided by rarity, beauty, and expectancy. Of course, these exquisite gems are very expensive, but they’re also a great value in luxury and investment alike. Knowing the factors that determine their price makes your purchase confident and informed.
Research and select the right option if you want pink diamonds, put your best effort to find the right gem and this will help you get the desired quality within your budget. After all, it’s not just an acquisition, it’s a declaration of eternal class and scarcity of owning pink diamonds.