Three facts about pink diamonds

There is no doubt that the pink diamond remains one of the romantic gemstones to date, sometimes even rivaling the best diamond wedding rings. A beautiful representation of an epic love story – there is no doubt as to why Sydney’s pink diamonds remain one of the most sought after in current markets today. Here are three facts that you may not know about the stunning pink diamond:

1 -Natural pink diamonds are extremely rare with less than one per cent of the world’s total diamonds being pink diamonds. Over 90% of pink diamonds occur in the Rio Tinto Argyle Mine in North Western Australia. Through the millions of diamonds found in the Argyle mine, only up to 60 are found to be pink diamonds that are able to enter the market.

2 -Pink diamonds appreciate up to 20% each year. With half a carat of a pink diamond worth around $100 000, depending on cut and clarity – this is perfect for handling the rising demand for pink diamonds. The markets currently have shown up to a 35% increase in demand – with trends showing an even greater increase in future for the diamonds. If purchasing an extremely rare pink diamond – one greater than 1.5 carats – a special invitation to an annual auction is needed – yet when sourced, they remain a perfect investment.

3 - The diamond that currently holds the record for the most expensive diamond sold at auction is called the Pink Star. It is a Fancy Vivid Pink diamond that stood at an impressive 59.6 carats in total and was cut by Issac Wolf, renowned diamond cutter. The diamond went for 83.2 million dollars, however, when payment it was bought by Sotheby’s for $60 million dollars. Other renowned pink diamonds include:

• Daria-i-Noor: a pink diamond that was found in Persia, and is said to be the oldest diamond discovered. The diamond currently resides in the Iranian crown jewels.

• Noor-ul-Ain: a 400-carat pink diamond

• The Martian Pink: named as it was sold in 1976 when the first US satellite was launched on a trip to Mars.