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Facts You May Not Know About the Pink Diamond Mined in Argyle Many times it is said that pearls are a woman’s dear friend. However, these pearls are in a fierce competition with diamonds as far as getting a woman’s attention. Nevertheless, even men sometimes obsess over these precious stones. After all, they bring with them a touch of class and sophistication when worn. The diamond is a special kind of stone, so unique indeed; they also come in a number of varieties. Diamonds have been mined for several number of 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. They Are Exclusively Found in 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. The diamonds are mined at the Argyle diamond mine in Australia, which is the largest source of pink diamonds in the world. More than 90% of the world’s natural pink diamonds come from here. Nevertheless, just a mere 1 percent of the massive output is 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 Very 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 that is a needle in the haystack, type of rare. It is also important to note that the rarest varieties of this pink diamonds are only sold through annual tenders. These tenders are so important that you need special invitations just to be part of the auction. Their seldom nature highly contributes to their high value. So valuable in fact that their price increases with time. You can call this an asset. 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 in High Demand The demand and supply curves for this particular diamonds are out of this world. The fact that they are so few makes the demand for them quite high. This makes their price and value increase at an equally fast rate. In addition to this, the natural pink diamond market is very strong and highly reliable. This is evident in the 35% price rise over the last one year. The diamonds with the highest demand and price are the 1 to 1.5 carat pink diamonds. The demand is based on the purity, size and quality of the pink 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 is great because it allows men to be able to wear the slightly darker shades that are nearly red in color.