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Pink Diamonds: A Buying Guide A number of wealthy people no longer purchase white diamonds. The view of such individuals is that white diamonds are average. Alternatively, most wealthy individuals opt for certain kinds of diamonds that are not only rare but highly valuable. Among other diamond varieties, pink diamonds are the most rare and valuable. White diamonds are 20 times less valuable than pink diamonds. Due to this, plenty of people are purchasing pink diamonds as investment instruments. Pink diamonds can appreciate by 50 percent or more by average in 3 years. This is a major reason why the wealthy use them as investment instruments. The positive thing is that any person has the ability to invest in these rare metals. One doesn’t necessarily need to be rich to invest. Why Pink Diamonds are So Rare The rarity of pink diamonds is down to a few reasons. Firstly, in 10,00 diamonds mined you’ll only find one pink diamond. Scientists are yet to conclude what causes the pink color in diamond. 90 percent of pink diamonds in addition come from a site in Australia. The site is known as Argyle pink diamond mine and is located in 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 is the biggest buyer of pink diamonds followed by Japan and India.
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What to Consider When Buying Pink Diamonds.
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White diamonds are generally judged on color, clarity, carat weight and cut. A different criteria is on the other hand used to judge pink diamonds. Darker pink diamonds are the most expensive in this case. One should ultimately choose pink diamonds that’s inspiring. Apart from color saturation, it is essential for a person to consider their budgets when purchasing pink diamonds. You can choose the most expensive pink diamonds if you have no budget concerns. The most expensive diamonds are dark in color. Your budget will decide whether you’ll go with darker or lighter shades. Intensity, hue and brightness are the other factors that determine the value of pink diamonds. Origin Bearing in mind that 90 percents of all pink diamonds come from a single site in Australia, means that most pink diamonds being sold are legitimate. For every piece of diamond you purchase, make sure you ask about the origin. Knowing the origin helps avoid buying diamonds that have been acquired though violence. You should for instance avoid purchasing diamonds coming from Sierra Leone. Lastly, you can purchase pink diamond from popular jewellery retailers. One can buy pink diamonds online in addition.