Brilliant and captivating, diamond jewellery has long been revered for its timeless allure. Yet, for those who seek something truly extraordinary, pink diamonds are the perfect pick. Their unmatched beauty and exclusivity have captured the attention of jewellery enthusiasts and investors alike, often leading to the question: Are pink diamonds more expensive than white diamonds?
The answer lies in their rarity. While white diamonds are widely available and frequently chosen, natural-coloured diamonds, prized for their uniqueness, make up less than 0.1% of all diamonds mined globally. Pink diamonds, however, take exclusivity to another level, accounting for an even tinier 0.018% of the global diamond supply. Intrigued yet?
So if you’re planning to buy pink diamond jewellery for women, then keep scrolling to find what makes these stunning gemstones so valuable.
Are Pink Diamonds More Expensive?
Diamonds have always been the ultimate symbol of luxury, but when colour is added to the mix, prices can soar even higher—especially for pink diamonds. With their romantic hue and stunning rarity, pink diamonds often come with a sky-high price tag. Before we answer the question, “are pink diamonds more expensive than regular diamonds?”, let’s explore what makes pink diamonds so special.
1. Understanding the Rarity Factor
Pink diamonds are among the rarest fancy-coloured diamonds in the world, accounting for less than 0.1% of global diamond production. Most originate from the now-closed Argyle Mine in Australia, which once supplied over 90% of the world’s pink diamonds. The scarcity of natural pink diamonds significantly drives up their value, making them a collector’s dream. On the other hand, white diamonds are relatively abundant and are graded primarily for their clarity and brilliance rather than rarity.
2. Colour Grading and Price Impact
Unlike white diamonds, which are graded on the 4Cs (carat, cut, clarity and colour), pink diamonds follow a different grading scale. Their value depends on the intensity of their hue, categorized into:
- Faint
- Very Light
- Light
- Fancy Light
- Fancy
- Fancy Intense
- Fancy Vivid
The deeper and more vibrant the pink colour, the higher the price. White diamonds, however, see their highest values in the D-F colour range, where they appear completely colourless.
3. Price Comparison: Pink vs. White Diamonds
So, do pink diamonds cost more, or are white diamonds more expensive? Well, pink diamonds are significantly more expensive than white diamonds of the same size and quality. On average, a fancy pink diamond can be anywhere from 10 to 100 times more expensive than a natural white diamond of the same size and quality. The price can vary significantly depending on the colour intensity, size and rarity of the pink diamond, with the most rare shades reaching even higher prices.
4. Factors That Influence Price Differences
Several factors contribute to the dramatic price gap between pink and white diamonds:
- Natural vs. Treated: Some pink diamonds undergo treatments to enhance their colour, making them more affordable. Natural, untreated pink diamonds are the rarest and most expensive.
- Origin: Argyle pink diamonds hold premium value due to their traceable origin.
- Market Demand: High demand among collectors, investors and luxury jewellery brands inflate pink diamond prices.
- Celebrity Influence: With celebrities like Blake Lively, Lily Collins, Victoria Beckham and others flaunting pink diamond jewellery, pink diamonds are now more in demand than ever.
Should You Choose a Pink Diamond or a White Diamond?
Choosing between a pink or white diamond really comes down to your personal style and budget. If you love classic elegance and versatility, white diamonds are a timeless choice. They’re known for their brilliant sparkle and are perfect for engagement rings or any occasion where you want to shine bright. On the other hand, if you’re after something unique and eye-catching, a pink diamond might be your perfect match. With their rarity and potential for increasing value, pink diamonds are a bold statement piece for collectors or anyone wanting to stand out. Either way, you can’t go wrong—it’s all about what makes you feel fabulous!
Price Difference Between Natural Pink Diamonds and Lab-Created Pink Diamonds
Did you know that the 59.6-carat Pink Star Diamond sold for an astonishing $71.2 million in 2017, setting a record for the highest price ever paid for a gemstone at auction? This showcases just how valuable and sought-after pink diamonds truly are. However, don’t give up hope just yet. If you’ve always dreamed of owning a pink diamond but are being held back by your budget, go ahead and explore lab-created pink diamond jewellery.
Wondering whether lab-grown pink diamonds are the real deal? The answer is ‘Yes.’ Lab-grown pink diamonds are optically, chemically and physically identical to natural pink diamonds. The key difference is that they are not mined from deep within the earth but are created in a labouratory under controlled conditions, making lab-grown pink diamonds far more affordable. Typically, lab-grown pink diamonds cost 60-85% less than natural diamonds. Amazing, isn’t it?
Also Read: Pink Diamond Pricing by Carat
The Final Verdict: Is Pink Diamond More Expensive Than White?
So, do pink diamonds cost more? Yes, they do. When considering gemstones by price, pink diamonds stand out as one of the top contenders for luxury and rarity.
If you’re drawn to the allure of pink diamonds, you’re in the right place! Angara offers a stunning collection of pink diamond jewellery that will take your style to the next level. Whether you’re looking to make a bold statement with a pink diamond ring or add a touch of elegance with pink diamond earrings, we’ve got you covered. Looking to add something timeless to your wardrobe? Our pink diamond pendants are the perfect accessory for day-to-night chic. And let’s not forget our gorgeous pink diamond bracelets that are designed to be showstoppers for your wrist!
Whatever your style, we have a fabulous curation to help you shine. Go on, shop diamond jewellery that’s sure to brighten up your look now!
Frequently Asked Questions
1. Why are pink diamonds more expensive than other diamonds?
Pink diamonds are more expensive due to their rarity and unique colour. The limited supply, combined with high demand, drives up their value significantly.
2. How much more expensive are pink diamonds compared to natural white diamonds?
Pink diamonds can be up to 10 to 100 times more expensive than natural white diamonds, depending on their size and rarity. Their unique colour and limited availability contribute to their high price tag.
3. What determines the price of pink diamonds?
The price of pink diamonds depends on factors such as the colour intensity, carat weight, cut and clarity. Vividly coloured pink diamonds are especially rare and command higher prices.
4. Are pink diamonds worth buying?
Yes, pink diamonds are absolutely worth buying, especially if you’re looking for something rare, unique and valuable. Their exclusivity and stunning appearance make them a standout choice for fine jewellery or as an investment. Plus, their timeless charm ensures they’ll always be a conversation starter!
5. Where do pink diamonds come from?
Most natural pink diamonds historically came from the Argyle Mine in Australia, which closed in 2020, making these gemstones even rarer. They are also found in Brazil, South Africa and Russia, but in much smaller quantities.
