What are pink diamonds? They are exquisite, extraordinary and they are HERE!!
The extreme scarcity of pink diamonds has meant that only a privileged few have owned them in the past. It is this scarcity, coupled with their beauty, that has made them a high-demand item at the world’s top jewelry auctions. In 1994, Christie’s in Geneva sold a 19.66 ct Fancy pink for $377,483 per carat (about $7.4 million). In 1995, Sotheby’s sold a 7.37 ct Fancy Intense purplish pink for $818,863 per carat, or just over $6 million. These are among the highest prices ever paid for gemstones.
Many are familiar with colorless diamonds, which also demand premium prices. But why are some diamonds pink? Their scarcity prohibited their study in the past. Recently, the GIA Gem Trade Laboratory received numerous pink diamonds for examination and reports, which enabled colored diamond expert John King and his colleagues to study a total of nearly 1,500 pink diamonds, in the most exhaustive research to date on these goods.
The study is the first to examine nearly all color grades of diamonds ranging from purplish pink through pink to orangy pink. The cause of the color in pink diamonds remains debatable, though researchers believe that the reason lies in the diamond’s atomic structure. Pink diamonds occur in a wide range of hues, which results in a broad range of appearances, from some that are purplish to others that are orangy. |
