Pink diamonds are among the rarest and most valuable gemstones in the world. Their beautiful color and unique character make them highly coveted by collectors and investors alike. Understanding the formation and character of pink diamonds can help us appreciate their beauty and value even more. In this blog post, we will explore the fascinating story of pink diamonds, from their formation deep in the Earth's mantle to their exceptional beauty and rarity.

Formation of Pink Diamonds

Diamonds are formed deep in the Earth's mantle, where extreme pressure and heat cause carbon atoms to crystallize into diamond structures. Pink diamonds are formed under similar conditions as white diamonds, but with an added element of mystery. The exact cause of their pink color is still not fully understood, but it is believed to be the result of distortions in the crystal lattice or the presence of trace elements such as nitrogen or boron.

Pink diamonds are found in very few locations around the world, with the primary source being the Argyle mine in Western Australia. The mine is known for producing some of the world's most valuable pink diamonds, with many of them being sold at auction for millions of dollars.

Characteristics of Pink Diamonds

One of the most distinctive characteristics of pink diamonds is their color. Pink diamonds can range in color from light pink to deep pink, and their hue and intensity can vary greatly. The GIA, which is the world's leading authority on diamond grading, has developed a color grading system specifically for pink diamonds. This system takes into account the color saturation and secondary colors present in the diamond.

Pink diamonds are also graded based on their clarity, which refers to the presence or absence of inclusions or blemishes. Like other diamonds, pink diamonds are graded on a scale from "flawless" to "included."

Rarity and Value of Pink Diamonds

Pink diamonds are among the rarest and most valuable diamonds in the world. In fact, they are so rare that only a few hundred are produced each year, making them some of the most sought-after gems on the market. The value of a pink diamond is determined by a number of factors, including its color, clarity, carat weight, and cut. The more intense and saturated the pink color of a diamond, the more valuable it is likely to be.

Some of the most famous pink diamonds in the world include the Graff Pink, which sold for $46 million at auction in 2010, and the Pink Star, which sold for a record-breaking $71 million in 2017. These high prices are a testament to the rarity and desirability of pink diamonds, as well as their enduring appeal as a symbol of wealth and luxury.

Famous pink diamonds

Pink diamonds are some of the rarest and most coveted gemstones in the world, and they have been worn by some of the most famous people in history. Here are a few examples of famous pink diamonds:

The Pink Star: The Pink Star is the largest pink diamond ever found, weighing in at a whopping 59.60 carats. It was sold at auction in 2017 for a record-breaking $71.2 million.

The Graff Pink: The Graff Pink is a rare 24.78 carat diamond that was owned by famous jeweler Harry Winston before being purchased by London jeweler Laurence Graff for $46 million in 2010.

The Darya-i-Nur: The Darya-i-Nur is a pale pink diamond that is believed to have originated in India. It is part of the Iranian Crown Jewels collection and weighs in at approximately 186 carats.

The Martian Pink: The Martian Pink is a rare 12.04 carat diamond that is known for its unusual purplish-pink color. It was sold at auction in 2012 for $17.4 million.

The Pink Promise: The Pink Promise is a rare 14.93 carat diamond that was sold at auction in Hong Kong in 2017 for $32.5 million.

These are just a few examples of the many famous pink diamonds that exist in the world. Pink diamonds are incredibly rare and valuable, making them highly sought after by collectors and enthusiasts alike.

Pink diamond mining countries

Pink diamonds are among the rarest and most valuable gemstones in the world, and they are only found in a few countries. The primary source of pink diamonds is the Argyle mine in Western Australia, which has been the largest producer of pink diamonds since the 1980s. However, there are a few other countries that produce pink diamonds in smaller quantities:

• Brazil: Pink diamonds are found in the Brazilian state of Minas Gerais, where they are often found in alluvial deposits.
• Russia: The Alrosa diamond mine in Russia produces a small number of pink diamonds each year, although they are generally of lower quality than those found in Australia.
• Canada: The Ekati and Diavik mines in Canada have produced some pink diamonds, although they are relatively rare.
• South Africa: Pink diamonds have been found in a few mines in South Africa, including the Cullinan mine, which is famous for producing the largest diamond ever found.

Overall, however, pink diamonds remain incredibly rare and valuable, with the majority of them coming from the Argyle mine in Western Australia. As the mine is set to close in 2021, the supply of pink diamonds is expected to become even more scarce, driving up their value even further.

Conclusion

Pink diamonds are truly exceptional gemstones, with a unique formation process and a distinctive character that sets them apart from other diamonds. Their rarity and value make them highly coveted by collectors and investors, and their beauty and allure have captured the hearts of people around the world. By understanding the formation and character of pink diamonds, we can better appreciate their value and significance as one of the world's most precious gems.