Yep, we're talking to you, Valentine's Day. Consider this article your love letter to the world's most captivating diamond color.
1) Pink is more than just a pretty face: In fact, pink diamond stones are increasingly sought after as it becomes harder and harder to find them in the rough. With global supply dwindling, many believe that the value of pink diamond gems will only continue to increase in the next couple of years, making them an excellent choice for a special gift this February 14th!
1) What are they? To put it simply, pink diamond gems are fancy colored diamonds that fall into one of two categories: natural or lab-created. Fancy colored diamonds are those with colors other than white, yellow or brown.
2) Natural pink diamonds come in a variety of shades that run the gamut from pale to deep-pink tones. However, deep-pink natural pink diamonds are the most valued.
3) They are pricey! Pink diamond stones tend to fetch higher prices than other fancy colored diamonds because they have greater rarity and usually display more vivid colors.
4) The world's most expensive pink diamond ring: At $83 million (with taxes), "The Pink Star" is not only one of the most expensive diamond rings ever sold at auction, it is also one of the largest! It measures an impressive 59.60 carat carats and was unveiled at Christie's sales room in Hong Kong in November 2013.
5) Pink diamond gemstone mine's exist in Brazil, South Africa, Tanzania, Canada, Australia and, of course, Russia.
6) Around 80% of the world’s pink diamonds now originate from the Argyle mine in Kimberley, West Australia.
7) Out of the mine’s 20 million carat annual output, only 0.1% are classified as pink diamond gemstones, attesting to their rarity.
8) 80 percent of the diamonds mined at Argyle are actually beautiful brown diamonds.
9) Only a limited number of pink diamond gemstones exist and it estimated that only another 500 gem quality pinks remain undiscovered.
10) What do they mean? Like other gemstones, different colors of diamonds have long-held symbolic value across many cultures all over the world. For instance, many believe white diamonds bring happiness and wisdom; yellow diamonds symbolize success and wealth; blue diamonds encourage loyalty; and red diamonds symbolize love and passion. Due to their rarity, pink diamonds are typically not associated with a specific meaning.
In conclusion, they are rare, beautiful and expensive. What's not to love?