Originating from the argyle mine located in West Australia, the Argyle diamonds are one of the most popular and preferred diamonds among people around the world. These diamonds are usually pink in colour; however, there is an exception to it too. Not to be forgotten, Argyle also serves as a brand name which has successfully developed a unique grading report for their pink diamonds and colour chart for different types of fancy diamonds.
Talking of the composition and origin of Argyle diamonds, geologists believe that the same is attributed to the Argyle pipe- a volcanic pipe which constitutes olivine lamproite. Minerals namely zeolite, kaolinite, clays and micas interacted with diamonds in the mine as a result of the eruption at the time of their formation. Most of the Argyle diamonds constitute nitrogen impurities but mostly their colour is due to the structural defects of the crystal lattice.
The Intensity Levels Of Argyle Diamond
The 4C’s of diamonds which include Colour, Cut, Carat and Clarity are equally application to Argyle diamonds as much as they do to all other diamonds. In addition, professionals like www.argylediamondinvestments.com.au have also set a colour grading system which is used for estimating the quality and price of their diamonds. According to this system, pink diamonds are of the following types- P (pink), PP(purplish pink), PC( pink champagne) and PR(pink rose). Once the diamonds pass this colour division, they are made to undergo the colour intensity test. The intensity test ranges between 1- 9 where 1 stands for highest colour intensity and 9 stands for lowest colour intensity. To quench the curiosity that most of you have, pink diamonds originating from the Argyle mine are usually of bubblegum pinkish tone. The rarest diamond colour available with the Argyle mine is Red.
Price And Rarity Of The Argyle Diamond
As per estimations carried out in the year 2019, about 90% of the pink diamonds available throughout the world comes from Argyle mine. This requires mentioning that out of every 21/2 million tons ore processed in this mine, only 1 contains the famous pink diamond. The production of the Argyle pink diamond has drastically gone down over the last few years and it is expected to go down slowly in this track. This raises a question upon the closure of the mine in the coming years which in a way is elevating the popularity and price of Pink diamonds.
Apart from the chances of pink diamonds going extinct, their price is also decided based upon the colour intensity. The bubblegum pink argyle diamond is the most expensive and rarest diamond which is worth investing. The price range changes with the pinkish colour turning purplish. Another price deciding factor with respect to Argyle diamonds is the availability of a second variant. While most other diamonds have a second variant to them, Argyle diamonds are highly valuable and rare with no variants available till date.
With all these factors continue to play an important role in your investment decision, your motives to need to be considered when deciding whether to buy argyle pink diamonds. If you are looking for something rare and worth investing for great return in future, Argyle pink diamonds stand out to be a sound choice.
