Diamonds with a pink colour are known as pink diamonds. Other fancy coloured diamonds, including pink diamonds, have their colour due to chemical impurities. The explanation for the creation of it is a mystery.
The Argyle Diamond Mine in Western Australia used to be the most prolific source (now closed after 37 years of operations). India, South Africa, Brazil, Russia, and Canada are also known to produce it.
The Pink Diamond is the rarest of all coloured diamonds. They are incredibly precious due to their scarcity. A carat of exceptional grade can sell for $700,000.
What makes a Pink Diamond so precious?
The origin of the colour is a mystery to gemologists. The fancy colour diamonds don’t have any colour-giving imperfections like other stones in the family.
The origin of the diamond’s distinctive colour has been the subject of numerous ideas.
According to some theories, it underwent tremendous pressure during production, while seismic shocks may have impacted the stone’s molecular structure.
A unique variety of gemstones is used in jewellery, such as engagement rings, bracelets, and earrings.
Levels of Intensity
The evaluation is based on the intensity of colour and saturation. Diamonds can have secondary or overtone shades like purple, brown, or orange and their primary colour.
According to the GIA’s grading system, the diamond colour scale follows:
- Faint
- A Tiny Amount of Weight
- Light
- Bright Lights, Big City
- Fancy
- Extravagantly powerful
- Affluent Vivid, Affluent Deep, Affluent Dark.
It’s tough to judge its intensity because each fancy colour grade is a spectrum rather than a single point. To make sure you’re receiving the best value for money, go to a diamond specialist.
Gems can also be graded on a scale of 1-9, depending on their clarity. For example, it may be given a “7” by a dealer due to its colour and saturation. The Argyle colour grading scheme looks like this. The GIA grades are generally accepted as standard.
The setting for an Engagement Ring
The eye-catching colour of a diamond is famous for engagement rings. To help you decide, there are three different designs of engagement rings.
First style: setting with three stones
If diamonds weigh less than 0.50 carat, adding side stones will increase the ring’s overall size and radiance.
Style number two: a halo world
Set the diamond in a halo of tiny round brilliants to bring off its best features, including colour and size.
Third design approach: using two separate halo settings
Add a second band with smaller stones to bring forth the diamond’s best features.
Fancy colour diamonds are readily available for a fraction of the cost of ultra-rare gemstones. Unless you’re able to acquire a lab-created fancy hue diamond, natural fancy ones are probably out of the question as a gift for most people.
Its Cost
High-quality diamonds are currently the most expensive natural diamond hue in the market, costing more than reds. For a less intense diamond, the price can be as low as $10,000 per carat or as high as $700,000 per carat, and for an intensely high diamond, the price lies in millions of dollars.
Size and colour intensity in diamonds drive up their value and price. The diamond’s secondary or modifying tone might have an impact on the price as well. If a diamond has a purplish tint, it will likely cost less than a diamond without a shade.
Set a clear budget before searching for diamond jewellery. It’s also a good idea to decide on the colour intensity you want. They are found worldwide, but Western Australia’s Argyle mine is the most significant deposit. These prices have risen dramatically due to marketing campaigns to promote them.