Take pink to the next level….invest in pink diamond engagement rings
Getting pink diamond engagement rings was sort of a needle in the haystack affair, simply because they were rare.
On average, for every 10,000 carats of diamond mined, only one carat will be a fancy colored diamond.
The pink color in pink stones is due to Manganese inclusions within the diamond…same as in red diamonds.
The Argyle mine is the largest diamond producer in the world by volume, although due to the low proportion of gem-quality diamonds it is set to close by 2020.
It is the only known significant source of pink and red diamonds, producing over 90% of the worlds pink fancies.
Pink diamonds also occur in Angola, the DRC and Sierra Leone but in very small quantities.
This rarity plus the gradual increase in demand has made them a regular feature at diamond auctions where the prices have soared over the years.
Also, major sources of supply for colored diamonds are expected to decrease over the next decade.
This being at a time when demand is expected to rise thus pushing prices even higher.
In June 2005, a 3.10 ct fancy vivid purplish pink fancy diamond brought $592,129 per carat at auction.
These would make a pink diamond engagement ring to brag about!
Pink fancies are best set in pink gold.
Pink gold you ask? Does it exist? No it doesn’t!!…..Not naturally anyway.
However, there are gold alloys which appear pink.
This is done by increasing the amount of copper in the mixture and decreasing the silver.
A ‘Pink Gold‘ setting will enhance the color of the pink fancy diamond while giving it a softer look.
Even though the prices mentioned above are high, being able to get fancy pink diamond engagement rings is very possible; due to the Argyle mines mentioned above.
They mine pink fancies below one carat and the diamonds with lower clarity are quite affordable….so keep the dream alive, there is a variety of pink rings to choose from.