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Why Are The Super-rich Investing In Pink Diamonds?

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Why Are The Super-rich Investing In Pink Diamonds?

pink diamond

Precious jewellery is the most popular treasure asset type for wealthy individuals across all countries. Here, ADEDOYIN JOHNSON, gives eleven reasons why the super-rich is investing in pink diamonds: 

pink diamond
  • Pink Diamonds Are Now Very Rare
  • Certified natural Fancy Vivid pink diamonds are the most expensive diamonds.
  • Pink diamonds have increased in value over the past decade.
  • Their price ranges from $30,000 to $100,000 per carat, which is 20 times the price of a white diamond.
  • The value of fancy light pink diamonds has increased by an average of 20pc year-on-year for the past five years.
  • The Graff Pink, a rare 24.78 carats fancy intense pink diamond, was sold by Sotheby’s Geneva for £30m in November 2010.
  • Setting a world auction record for any diamond or any jewel.
  • The majority of all pink diamonds mined come from only the Argyle Mine located in Australia. 
  • Argyle Pink Diamonds are so expensive because of the very limited supply.
  • Pink diamond is formed of only carbon like a white diamond. This happens through millions of years in the kimberlite pipes of volcanoes. 
  • There is only one coloured diamond for every ten-thousand colourless, says De Biers, the diamond specialist.

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