Only a small percentage of diamonds that are mined all over the world are “Pink” in colour. There are quite a few countries where Pink diamonds are found; however, Australian pink diamonds are considered to be the best among them. They are said to be the rarest and the most valuable of all types of diamonds. It needs to be mentioned in this regard that almost 90% of the Pink diamond found in the world is mined in Australia, the Australian Argyle mine to be precise. You will be surprised to learn that only 1/10th of 1 percent of the total diamonds of this mine is Pink.
The largest known Pink diamond found till date is called Darya-I-Noor, which means “Sea of Light”. This particular diamond weighs up to 182 carats and has an antique table cut with a shade of pale pink. The Darya-I-Noor diamond belongs to the Royal family of Iran. It needs to be mentioned that this diamond was mined in India at the Paritala-Kollur mine and it dates back to 1642
What makes Australian Pink Diamonds Special?
Here are some of the features of the Australian Pink Diamonds that make them special
- Compared to other types of diamonds found all over the world, Pink Diamonds are the most valuable ones. Their process is 10 to 30 times more than that of different varieties of white diamonds that are mined all over the world
- The grades of the Pink diamonds are measured by their intensity and tone. When it comes to intensity, it is measured in numbers ranging from 1 to 8, with 1 as the most intense in terms of colour. As far as tone is concerned, it includes pink, red, pink rose, purplish pink and pink champagne.
- The fact that these diamonds are found only in a handful of mines and constitute a very small percentage of the total volume of diamonds that are mined globally, makes them very rare and quite expensive.
Origin of Pink Diamond
There are different theories posted by experts about how the pink colour is formed. The most popular theory is that the pink colour is formed when the diamond is subjected to a tremendous amount of pressure during the time of its formation.
Pink Diamonds are more expensive
In the case of diamonds, more intense their natural colour, more expensive and rare they are considered to be. This is why pink diamonds are most of the expensive diamonds available in the market. The prices of Pink diamonds are 20 times the price of white diamonds and range from 15,000 to 1, 10,000 per carat
Pink diamonds are mined in Africa and in some parts of India. However, when it comes to the best quality diamonds, they are mined at the Australian Argyle mine. These diamonds are believed to be the best in terms of quality and as a result, they are the most expensive of all varieties of Pink diamonds available in the market. It also needs to be mentioned that Pink diamonds can also be created at the laboratory.