What is a Pink Diamond?

Pink Diamond can be an extremely eye-catching and somewhat unique addition to your collection. Many people, however, might worry that these gemstones are not real diamonds. We can assure you that they absolutely are. All fancy-color diamonds are real, including those with a pink hue. With other fancy-colored diamonds, the colors are caused by chemical impurities, but with Pink Diamond the reason for the color is unknown.

Pink diamonds were formerly primarily obtained at the now-closed Argyle diamond mine in Western Australia. Pink diamonds have also been discovered in South Africa, India, Brazil, Russia, and Canada. But when it comes to colored diamonds, pink is the rarest color that can be bought. Red diamonds are the only color variant that is rarer.

What Makes a Pink Diamond?

In truth, no one is sure where this particular diamond color comes from. There are no impurities in pink diamonds like there are in the rest of the fancy-color diamond family. Some theories speculate that it has to do with the pressure during formation. Others favor the possibility of seismic shock affecting the molecular structure. Despite the mystery surrounding the reason for the color, there is no denying that these magnificent jewels are a wonderful investment.

Pink Diamond Hue Levels

The strength and intensity of the color are important for color grading. There will also likely be a secondary hue or overtone.

GIA grading for pink diamonds looks as follows from most intense to least:

• Fancy Dark, Fancy Deep, or Fancy Vivid Pink
• Fancy Intense Pink
• Fancy Pink Diamond
• Fancy Light Pink
• Light
• Very Light
• Faint

Most pink diamonds have fairly difficult-to-evaluate intensities. Each grade is not a single point on a line, but rather a distinct range within each grade. It could be a good idea to speak with an expert if you are unsure about the quality of the diamond you are interested in in order to ensure that you receive the greatest deal.

On a scale of 1 to 9, vendors will occasionally assign a point value to pink diamonds according to their saturation and color. The grading scheme known as Argyle is less uniform than the GIA scale. Similar to other fancy-colored diamonds, the price is determined by the color's saturation and intensity.

Overview of Pink Diamond Prices

While red diamonds remain the most expensive out of all the fancy-color diamonds, a high-quality natural pink diamond is a close second. The price range can be quite varied, and you can expect to pay anything between $10,000 per carat to around $700,000 per carat. Carat weight and color saturation have the biggest impact on the price.

The price difference between a Fancy Light Pink diamond and a Fancy Pink diamond can be quite dramatic. The difference between a Fancy Intense Pink and a Fancy Pink stone is considerably less drastic. Another large price increase happens between Fancy Intense Pink and Fancy Vivid Pink.

As mentioned earlier, pink diamonds have modifying tones, and this secondary hue can also have a significant impact on the cost. A purplish pink diamond is slightly cheaper than a purely pink stone. We recommend having a clear budget in mind before starting your search. This will give you an idea of what you can afford in terms of color and carat weight.

A pink diamond is incredibly rare, and there is a limited supply. But this has not hampered their popularity or their celebrity appeal, especially after Ben Affleck proposed to Jennifer Lopez with a pink diamond engagement ring in 2002.

An Affordable Alternative to Fancy-Color Diamonds

Fancy Vivid Pink diamonds are typically out of the ordinary person’s budget, but in some instances, lab-created fancy-color diamonds can be more affordable. Fancy pink diamonds grown in a lab are as genuine as a naturally occurring diamond, and will have fewer inclusions and impurities.

Pink Diamond Engagement Ring Settings

A cut pink diamond can make for a very eye-catching piece of jewelry. We are going to discuss a few different settings that a pink diamond engagement ring can come in.

A pear-shaped pink diamond can be placed in a halo setting – this is a very popular option, especially with a white gold band. The halo makes the center diamond look bigger, even when the halo is made with white diamonds.

A three-stone setting is also popular for pink diamond rings. White diamonds flank the center-cut pink diamond. Even with a setting like this, you can expect a difference between a 1-carat Fancy Vivid pink diamond ring, and a 1-carat Fancy Intense diamond ring. The white diamond side stones can also influence the price.

A purple or orange secondary hue can bring the overall price down by a little bit, as can the type of side stones or pave on any setting you choose.

Frequently Asked Questions About Pink Diamonds

Pink diamonds are mined where?

The Argyle mine in Australia is the source of the majority of pink diamonds in the world. Pink diamonds are a finite resource, which raises their value dramatically. Moreover, South Africa, Brazil, Canada, Russia, and India have been reported to have them.

What is the quantity of pink diamonds?

The Argyle mine in Australia produced the majority of the natural pink diamonds in the world. However, that mine has now closed down.

Do true pink diamonds exist?

In short, pink diamonds, whether natural or created in a lab, are real. If a diamond is mine-sourced and has not undergone any modifications or treatments, it is categorized as natural. Because these pink diamonds are so uncommon, their price is astronomically high. Whether or whether the pink diamond you are interested in is natural can be determined with certainty by a GIA certificate. The industry permits treatment of diamonds, provided that the GIA certificate states the nature of the treatment. It is possible to treat inclusions and artificially improve color. Regular treatment is also applied to white diamonds.

Are diamonds in pink more valuable?

Even though color diamonds cost more per carat, their qualities still dictate how much they cost. The price of a diamond will be greatly influenced by the stones' clarity and form.
Nevertheless, a 2-carat colorless white diamond costs less than a 2-carat fancy intense pink diamond. But, the same pink diamond won't sell for as much as the larger white stone when compared to a three-carat white diamond.
If you are examining a particular piece of jewelry, keep in mind that the metal in which the diamond is set will also affect the cost. It goes without saying that a platinum diamond ring will cost more than a yellow gold diamond ring.

Are diamonds in pink more affordable than those in white?

No, the price of a pink diamond will be more than that of a white diamond of the same carat size and clarity. Because fancy-colored diamonds are scarce, their average carat value is higher. However, the stone's clarity and carat size will also affect its total value.

Why are pink diamonds so expensive?

Fine pink stones are quite hard to come by. Only 0.01% of diamond carats that are mined are of high quality pink diamonds. They are hence fairly costly per carat. Only red is more expensive than pink diamonds, with the pink kind specifically costing more than yellow or brown diamonds.

Due to their increased demand, pink diamonds are more expensive. Some people believe that the stone's provenance increases its worth. The brand Argyle Pink Diamonds is regarded as high-end. particularly in light of the closure of the Argyle mine in Western Australia.

What terms are fundamental to the pink diamond language?

For color diamonds, the Gemological Institute of America (GIA) created standardized naming rules. The carat size will appear first on the diamond name, followed by the color intensity, any ancillary hues, and the dominant hue.

Take this 2-carat fancy vivid purple-pink diamond, for instance. This two-carat diamond is mostly pink with a trace of purple. Because of the intensity of the fancy color, the color grade that costs the most is Fancy Vivid.

The higher the value of the diamond, the less undertone or secondary color it has. And this is true for diamonds of any color. In this case, the purple pink hue really somewhat lowers the price.

Where do pink diamonds come from?

In its most basic sense, diamonds are made from carbon. They form naturally, more than a thousand miles deep into the ground. The carbon is heated to 2,200 F, and subjected to extreme pressure. They can remain that way for more than a million years before they cool and solidify. Pink diamonds are also made this way, but can only be found in certain areas of the world.

Are diamonds in pink rare?

Colored diamonds make up just 0.01% of all naturally occurring diamonds. As a result, pink diamonds are among the world's rarest stones. This accounts for a portion of the high cost of pink diamond engagement rings. Because pink diamonds are so rare, wearing a ring made of them has become an investment.

Though any diamond band has the potential to be quite beautiful, an engagement ring with colored diamonds is genuinely exceptional. You can invest in them for your own collection or that special someone.

Are pink diamonds natural?

Any legitimate diamond transaction must come with a GIA certificate from which it is evident whether the diamond is lab-created or has been enhanced. There are natural pink diamonds available that haven't been enhanced or treated. These are typically carried out to either enhance the stone's color or purge it of contaminants.

Are pink diamonds cheaper than white diamonds?

No, a pink diamond and white diamond of the same carat size and clarity will see the pink diamond priced higher than the white. Fancy-color diamonds are rare, so generally speaking, they tend to be more expensive per carat. But the carat size and clarity of the stone will also influence the overall worth.
Having said that, a stone manufactured in a lab is just as genuine as a stone found in nature. In actuality, lab-grown diamonds are frequently of higher grade than pink diamonds found in nature.