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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?

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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: 

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  • 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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