With the Argyle mine becoming a hot commodity again, investing in pink argyle diamonds might be a great way to secure a profit. Read on to learn about the mine, how many diamonds are available, and their current prices. Then, consider the future: will demand for pink Argyle diamonds continue to grow?
With the stock market plunging and property market cooling, investing in diamonds seems like a great idea. But there are risks involved. The Australian dollar is losing value against the US dollar and the property market is stagnant. Luckily, investing in diamonds is not an impossible task. With a little research and knowledge, you can make a tidy profit. Argyle Diamond Investments is a family-owned business. It has been around for eighty years. Its founder Craig Leonard has built up one of the largest collections of Argyle diamonds in the world.
The scarcity of pink diamonds makes them a perfect hedge against inflation. Moreover, investors can compare pink diamond investments to bitcoin. Investing in pink diamonds can be a profitable choice.
Demand for pink argyle diamonds
A rising demand for pink argyle diamonds has led to a rise in prices. These rare gem-quality stones have a high price tag, ranging from 25 to 50 times higher than comparable white diamonds. In addition, the color of pink diamonds is deeply connected with femininity, evoking feelings of love and romance. These stones are also a great investment choice.
When purchasing a pink argyle diamond, it is crucial to consider a few factors. The shape of the stone is an important factor, as it determines the size and weight. Another factor to consider is the type of cut. A round diamond is the most common shape for pink Argyle diamonds, while a pear-shaped diamond is more rare.
Availability of pink argyle diamonds
In spite of the decreasing supply of pink diamonds in the market, there is still an increasing demand for these stones. The stunning pinks produced by the Argyle Mine in Australia have increased their popularity internationally, and more clients are seeking them for personal use. The mine’s closure has been documented, and further mining operations are not economically viable. However, there is always a chance that it may restart operations in the future.
The demand for these stones has increased significantly over the past few years. According to Leibish, an online diamond retailer specializing in natural fancy-coloured stones, demand for pink stones has increased by more than 30 percent in recent years. However, this increased demand has also made the Argyle pink diamonds increasingly difficult to find, resulting in increased prices.
Price of pink argyle diamonds
The Argyle mine in Western Australia is the richest source of pink diamonds in the world. Only about 100 jewellers are invited to bid for these prized diamonds at the annual Argyle Pink Diamonds Tender. The mine is expected to close by 2020.
Price ranges for argyle pink diamonds depend on the type of setting. Halo settings surround the diamond and add carat weight and size. An argyle pink diamond with a halo setting can cost between $12,000 and $110,000.
The pink diamond is one of the most expensive and rare gemstones on earth. It is an ideal safe-keeping for wealth. Dan Moran, a Los Angeles-based private jeweler, is an expert on pink diamonds. His work has been featured in many publications including Martha Stewart Weddings, Buzzfeed, Vogue, Brides and Modern Luxury.
Investing in pink argyle diamonds
There are many reasons why pink diamonds investment is an excellent choice, from the dazzling performance of this rare gemstone to the potential growth of the price. These stones have a low volatility and are likely to outperform mainstream financial assets. These precious stones are also likely to be a good hedge against inflation.
Diamonds from the Argyle mine have been in demand for decades. Despite the fact that this mine is permanently closing down, the Argyle mine has been producing these diamonds for 37 years. Over the years, they’ve earned their place in history and become even more valuable. LEIBISH has been meticulously accumulating pink Argyle diamonds, and has a huge inventory of this rare variety.