Pink diamonds are rare gems that have always been highly sought-after by jewellery fiends and investors alike. However, they are becoming increasingly scarce as the world’s largest source of them, the Argyle mine in Western Australia, closes down permanently.
Argyle pink diamonds investment is a great way to get ahead of inflation and secure your wealth. But there are a few things to consider before you make your investment.
Natural beauty
Pink diamonds are a unique gem that is considered one of the most beautiful diamonds in the world. They are also rare, and can be up to 20 times more expensive than white diamonds.
The natural beauty of pink diamonds is a key reason why they are so highly sought after and valuable. They are considered to be a symbol of love and romance.
Argyle pink diamonds have an intense and breadth of color that is unlike any other natural color diamond. Their kaleidoscope of colour ranges from the palest blush, through cherry blossom and soft rose to sensual violet, cornflower blue and dramatic red.
Because of their unique color and rarity, Argyle pink diamonds are among the most precious gemstones on the market. They are also incredibly durable and can withstand wear-and-tear.
Rarity
Pink diamonds are among the rarest types of gemstones. This makes them particularly valuable and highly sought-after by jewelry lovers.
The Argyle mine, located in Australia, is one of the world’s largest sources of high-quality pink diamonds. However, their supply is limited, and so they are also extremely expensive.
Unlike white diamonds, which are evaluated based on their carat weight, clarity and cut quality, Argyle pink diamonds are mainly valued by the intensity of their color. They are categorized by hue (the dominant color) and saturation, which is measured in terms of 1 – 9.
In 2017, Tiffany & Co. acquired a stash of Argyle pink diamonds from Rio Tinto, the company that mined them. They will be showcased at global Tiffany High Jewelry events and used in future Blue Book high-jewelry creations.
High value
One of the most coveted diamonds on earth, pink diamonds have skyrocketed in value over the past decade. These stunning gems are highly coveted for their timeless beauty, durability and high return on investment (ROI).
Because of their rarity, investing in pink argyle diamonds are considered a safe haven for investors looking to diversify their portfolio. They are not affected by market conditions and do not depreciate in value during economic downturns.
To further amplify the appeal of Argyle pink diamonds, the Argyle mine shut down in 2020, leaving a small supply that is now incredibly scarce. The mine was responsible for 90% of the world’s natural fancy pink diamond supply, and with it closing, there will be a shortage of these rare gems.
Long lifespan
Pink diamonds are a highly prized investment, due to their long lifespan. They were formed in the earth’s crust during a period of extreme cold, making them incredibly hard and durable userteamnames
As a result, pink diamonds are a safe and secure investment that offers high returns. They are also lightweight and portable, making them ideal for travel.
The Argyle mine in Western Australia is home to 90% of the world’s most exclusive pink diamonds. They are valued for their unique color saturation and their rarity, which makes them even more valuable than white diamonds.
The mine has been in operation for nearly four decades, producing a consistent flow of top-quality diamonds. During this time, Rio Tinto has built a unique diamond brand of integrity and authenticity, an Australian icon and source of national pride.
Stability
Pink diamonds are a rare and coveted investment that attracts affluent collectors around the world. During times of economic uncertainty, savvy investors often seek to diversify their assets into hard assets, such as luxury jewellery and gemstones.
Argyle pink diamonds are among the most stable and secure investments available. These diamonds are not affected by financial markets or other forms of demand, which allows their value to grow and maintain its value in tough economic times.
The Argyle mine in Western Australia produced more than 90 percent of the world’s natural pink diamond supply before it closed down. After this mine’s closure, the remaining pink diamond supply is now incredibly limited. This has resulted in a strong price appreciation for every pink diamond that remains on the market. The price appreciation has been consistent, year-on-year, and consistently outperforms other asset classes, such as real estate or securities.