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Pink diamonds are some of the rarest diamonds and gemstones available, and the order of rarity is; Red followed by Purplish-Red, Purplish- Pink, Pink, Pink-Rose, then Pink-Champagne. Blue-Violet gems are also scarce, and as with all gemstones, the higher the quality and the bigger the size, the more rare and valuable they are.
Fancy coloured diamonds including pink ones can be expensive, especially if they are of high quality and larger carat weight, and with the mine in Australia closing in 2020, they will only increase in value over time. Once production has stopped, there will be a lot less diamonds of this colour available worldwide, the price is expected to increase significantly.
Certified Pink Diamonds above 0.15ct have steadily increased in value by 10-15% per annum since 2005, which makes them an excellent investment opportunity.
You will still be able to purchase these fancy coloured gems once the mine closes, but as this mine provides almost 90% of these precious gems, there will be a lot less available on the market, meaning the price will increase significantly.
If your budget cannot stretch to these beautiful gems, then there are some alternatives you may wish to consider that are more affordable, but still extremely desirable and beautiful. Some of the alternatives that we would recommend are pink Tourmaline or Morganite for dress jewellery, and for everyday wear pink Sapphires, Rubies, and Spinels are ideal due to their hardness.