Chances are, most of us will never see a pink diamond gemstone in real life. And even less so, wear one. Pink diamonds came to earth in such short supply that each is a miracle in its own right. Pink diamonds are so rare that there are not enough on the planet to satisfy their legions of admirers.
Pink Diamond Rarity: How Rare Are They?
To see the extraction of pink diamonds stones, you’d need to travel all the way to the Argyle Mine, located in a remote part of Western Australia. This is where 80 to 90% of the world’s pink diamonds are found. In total, the yearly yield of pink diamonds couldn’t even fill a glass of the sweetest pink champagne. Only 1 in 100,000 diamonds can be certified pink.
According to the Argyle Mine, a pink diamond can cost 20 times the price of an equivalent white diamond (as far as can be compared)…
Their scarcity is due to the extreme conditions in which these beauties are formed. Billions of years ago, the mantle of the earth went through the highest pressure and temperature, well above what it takes to form other diamonds. This trauma deep inside the planet produced beautiful miracles in the form of pink diamonds.
Pink Diamond Value: Bigger is Not Better
One downside of this natural wonder is that most pink diamonds are less than five carats. Don’t expect any pink diamond to rival the 3,106-carat Cullinan or the 1,758-carat Sewelo. In comparison to these white diamonds, the majestic 186-carat Daria-i-Noor, the 60.0-carat Noor-ul-Ain, or the 59.60-carat Pink Star may look like beans, but their diamond value is impressive. “According to the Argyle Mine, a pink diamond can cost 20 times the price of its white equivalent (as far as can be compared),” according to Naturally Colored, an authority on Natural Fancy Color Diamonds.
Imagine holding the value of an entire real estate portfolio in the palm of your hand. This is what owning a pink diamond may feel like. What else weighs 4.776 grams (23.88 carats) and sells for $46 million, but the Graff Pink? This record price, reached in 2010, was a wise and beautiful investment as resources have now become depleted.
Did You Say Fancy?
Just as no two roses look the same, pink diamonds come in dozens of color combinations, from Very Light Pink to Fancy Deep Pink. Only a gemologist or a painter would find its way through nature’s amazing palette. Among the famous 4Cs of diamonds—clarity, cut, color, and carat—diamond color is the main criteria to assess these gems. The ultimate in diamond clarity and color intensity are graded Fancy, according to the classification established by GIA, the Gemological Institute of America.
Pink Diamond Designs
Graff pink diamond rings are all Fancy Pink, with variations in hues. According to the luxury brand, some of the stones featured are once-in-a-lifetime discoveries. The phenomenal 16.88-carat Internally Flawless Fancy Intense Pink emerald-cut diamond ring is one of them. Only heart shape white diamond shoulder stones could possibly complement the gem. The same applies to the extraordinary 12.02-carat Fancy Vivid Pink Internally Flawless pear shaped diamond ring. From a design standpoint, pink diamonds can only take center stage. The setting must be minimal and serve the beauty of the stone
The ultimate is when pink completes pink. In a newly released ring, Graff flanks a central 5.63-carat Fancy Vivid Purplish Pink pear shaped diamond ring with two Fancy Intense Pink pear-shaped diamond shoulder stones. The goal of the design is to highlight the unusually vibrant pink hue of the center stone, which is carved from the famous Lesotho Pink.
Daring Pink Diamond Jewelry
Devoted to pink diamonds, diamond jewelry designer Valérie Messika goes for extravagance in the high jewelry category. Their Private Collection, presented during Paris Couture Week 2019, features one-of-a-kind stunners. Among them are daring diamond engagement rings, such as the Kite Ring, which has a 6.14-carat Fancy Intense Pink stone.
One of their diamond necklaces attracted accolades because of its innovative setting. Messika’s Temptation Necklace is a daring balancing act. The rose gold choker features a Fancy Pink radiant-cut diamond that is free-flowing in the hollow of an open-loop set in white diamonds. Despite its considerable value, the 5.36-carat gem appears to be weightless.
Another form of audacity is to use pink diamonds as accents as if they were just precious stones. That’s a luxury that only a few jewelry houses, such as David Morris, dare to try. The proportion of pink diamonds varies, but can be less than 10%. However, even in these intricate lace designs of white diamonds of all shapes and sizes, what flatters the eye first is the pink diamond. This pink diamond color definitely has star power.
The Star Power of Pink Diamond
Though pink diamond stones may be smaller than the rocks they normally like to wear, they are still in high demand among celebrities. Jennifer Lopez famously started the craze back in 2002 with her Bennifer pink diamond engagement ring. Although both she and her then-fiancé have moved on, the trend endures.
Among the fortunate ones with pink diamond rings are tennis champion Anna Kournikova, actresses Margot Robbie and Blake Lively, and fashion designer Victoria Beckham. The color pink is synonymous with being sweet and girly, but none of these pop culture icons are so easy to stereotype. These women are strong, powerful, and always shine bright. Just like a pink diamond.