HOW MUCH IS PINK DIAMOND UNIQUE

If there is a fancy diamond whose color can be associated with wealth and fame, it is undoubtedly the pink diamond. Indeed, the pink diamond has known a real craze with celebrities since the early 2000s and especially since 2002 when the American actor Ben Affleck offered his companion of the moment, the singer Jennifer Lopez, a Pink diamond of 6.1 carats. Several years later, David Beckham, British football star, hastened to offer his Victoria a 10-carat pink diamond. Other celebrities have been victims of the success of these pink diamonds including Kate Moss, Christina Aguilera and Elizabeth Taylor.

But what do we really know about pink diamonds? Where does its color come from and how can we assess its quality and value? Because a pure pink diamond, showing no other tint of color is extremely rare. However, these various and varied hues of colors that a pink diamond can take are worth it a unique beauty.

This is what GemePrice's ultra sophisticated software sets out to demonstrate. Indeed, they bring together a regularly updated database of fancy colored diamonds. These software, using algorithms, then allow us to better understand how the secondary tints of pink diamonds can significantly influence their value and therefore their price.

Most pink diamonds have slight tints of brown, orange or gray. These tints are due in particular to impurities present in the diamond. Thus, the hue scale can be defined as follows: the more the pink diamond presents tints drawing on the brown, the more its value and therefore its price will be negatively impacted. Indeed, if the Pink diamond has an accentuated brown hue, its price can decrease by 30 to 70%. Likewise, if the pink diamond has a rather grayish tint, its price will decrease by 30-40%. Finally, if the pink diamond has a slight orange tint, its price will decrease by 10 to 25%.

On the other hand, other shades present in the pink diamond can work in its favor. This is indeed the case for red and blue shades, which are much rarer than the shades described previously. For example, a slightly purple (that is, bluish) hue can increase the price of a pink diamond by 20-30%. A reddish tint can double the base value of a pink diamond.

However, we must not forget that other parameters must be taken into account when appraising the pink diamond. Indeed, market prices play a key role in setting thediamond price and depend on the course of it.

The diamond is a fabulous and mythical stone, a disturbing contrast between its brilliance which illuminates the eyes with its lights and the coldness of its perfection when touched.

The carbon of which it is composed is a common chemical element on earth. How can black and common carbon turn into Pink diamond? How is it possible that a simple graphite pencil lead has the same chemical formula as diamond?

It was intense heat and pressure that created diamonds at the time of our planet's creation. The almost perfect arrangement of the carbon atoms of the diamond is composed each time of 4 bonds thus forming a very solid network in 3D, there are only 3 of them for the graphite which therefore has a flat network with a system of layers. Scratch-proof, acid-proof, diamonds have long been called in Greek "Adamas", which translates into indestructible. But everything has its flaw! It breaks easily, following an axis of cleavage; it comes from small voids left between the bonds of atoms! An oversight of nature!When we speak of diamonds, we often think of white diamonds, fortunately there are colored diamonds, Blue, Green, Yellow… Red and Pink.

The sale of the already famous Vivid Pink diamond on October 7 at Sotheby's Hong Kong therefore gives me the opportunity to talk about colored diamonds, more precisely the Pink!This exceptional stone for its weight and color reached a fabulous price of $ 17,768,041! It comes from a mine in South Africa, operated by the De Beers holding company.

More and more sought after by collectors, colored Pink diamond are rare, very rare, even more so for pink and red.It is usually said that the most beautiful pink and red diamonds come from the Argyle mine in Australia. This mine is the first producer in the world of pink diamonds, it produces more than 90% of the world productionIt belongs to the Rio Tinto group, located in the Kimberley region, in northern Australia.

To explain the rarity of these pink diamonds, it must be understood that it is necessary to extract 1million carats of rough diamonds to obtain only 1 carat intended for sale! These diamonds are of very high quality.

The pink color is due to tensions in the crystalline structure… Called “graining” in gemology, ie strips parallel to each other in the matrix. It is also the presence of hydrogen atoms which gives the pink color. But this color has not yet revealed all of its secrets!

The pink diamonds were created on a day when 3 women tried to catch a fish on ”Barramundi”. But too sharp, he escaped and ran aground at the place of the mine. Arborigens think that pink diamonds are the heart of the fish .

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