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How To Buy Pink Diamonds A number of rich people no longer buy white diamonds. Such people view white diamonds as commonplace. Most rich people instead choose to go for certain kinds of diamonds that are highly valuable and rare. While there are many varieties of colored diamonds, pink diamonds are the rarest and most expensive. On average pink diamonds cost 20 times more than the cost of white diamonds. Because of this,a lot of people are buying pink diamonds for investment purposes. Pink diamonds can appreciate by 50 percent or more by average in 3 years. This is the main reason that the rich use them as investment instruments. The positive thing is that any person has the ability to invest in these rare metals. You can invest in these minerals even if you are not wealthy The Reason Pink Diamonds are Rare Due to a number of reasons, pink diamonds are very rare. For starters, there is only 1 diamond in every 10,000 diamonds mined. Scientists are yet to conclude what causes the pink color in diamond. In addition, a certain site in Australia accounts for 90 percent of pink diamonds. The site’s name is Argyle pink Diamond situated near Perth ,Western Australia. Production of diamonds in this location started in 1983 and will end in 2020. Countries such as South Africa. India, Brazil and Indonesia account for the rest of the pink diamonds. The Us, Japan and India are the biggest buyers of pink diamonds.
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When Purchasing Pink Diamonds Consider the Following Tips
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White diamonds are generally judged on color, clarity, carat weight and cut. On the other hand, pink diamonds are judged using a different criteria. Darker pink diamonds are the most expensive in this case. Ultimately, buyers ought to choose pink diamonds that inspire them. When purchasing pink diamonds, you ought to consider your budget other than color saturation. If money is not an issue, then you can opt to go for the priciest pink diamonds. The most expensive diamonds are dark in color. Ultimately, it is your budget that decides whether you go with a darker or lighter shade. Additional qualities that determine the price of pink diamonds are brightness, hue and intensity. Origin Most of the pink diamonds being sold are legit if you take into consideration that 90 percent of pink diamonds are mined from one site in Australia. You should however make sure that you ask the origin of every piece of diamond you purchase. You can avoid purchasing diamonds that have been acquired through violence if you know the the origin. For example you should never purchase diamonds from sierra Leon Finally, one can purchase pink diamond from popular retailers. One can buy pink diamonds online in addition.