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Things You Didn’t Know About the Argyle Pink Diamond 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 not just known to be favorites of women considering many men love them too. This is because they are stylish and classy. Diamonds are special types of stones that come in unique 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. The Diamond is Exclusive 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. These diamonds are mined at the Argyle diamond mine, which happens to be the world’s largest source for pink diamonds. 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 out of the one million rough diamonds that are mined only one carat of the pink diamond is sellable .
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They are Extremely Rare
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One of the rarest stones in the world is definitely the pink diamond. 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 important to note that the rarest varieties of this pink diamonds are only sold through annual tenders. Moreover, every individual who wishes to access the tenders can only participate in the auctions if they have a special invitation. 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. 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 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 will in turn make the value and price increase and very fast for that matter. In addition to this, the natural pink diamond market is very strong and highly reliable. This can be seen in how the cost for these diamonds has gone up by 35% in the last one year. The 1 carat and the 1.5 carat pink diamonds are the most expensive and they also have the highest demand. One can gauge the demand by considering the size, purity and quality of the diamond. The Diamonds Come In Different Shades of Pink The great thing about these diamonds is they have lighter to darker shades that nearly resemble red. This means that both men and women who appreciate the precious stones can wear them.