Pink Diamonds: A Sound And Stunning Investment
Pink diamonds such as the huge stone found by Alrosa, above, are an exotic form of the hardest stone on Earth, and at Ogden we have a lovely example that, albeit it delicate, does show off the unique qualities of pinks. In this case the showpiece is a platinum, square diamond and pink diamond ring 0.74cts.
Elsewhere recently, some very special pink material has been recovered by Alrosa, the Russian diamond miner that is the world’s largest producer of rough diamonds in carats, accounting for more than a quarter share of the global market.
A fine example of stones found by Alrosa is the 6.21 ct. cushion-cut fancy intense pink-purple diamond discovered and polished by the Russian firm.
It originates from Yakutia, a region in northeastern Siberia located partly within the Arctic Circle.
Alrosa is developing a reputation for producing pink diamonds quite regularly, including the 14.83 ct. Spirit of the Rose that made headlines last year.
“As global production declines, pink diamonds will become rarer and thus more valuable,” New York gem specialist Larry West said of the Alrosa stone.
The question for pink diamond enthusiasts is: are there more where that came from?
Industry specialists say while Siberia has a lower quantity than the Argyle mine it is still a fairly consistent producer of a mix of purple and pink colour diamonds and that should remain the case because Siberia is so big there is the potential to find new mines, which could boost production.
The area has its own unique and beautiful colours and collectors will continue to discover and covet its stones not because they are similar to Argyle but rather because they are special in their own right.