Pink diamonds are some of the most beautiful and rare stones on earth.
Pink stones sized at one carat or more are so rare that a whole year’s worth would fit in the palm of your hand.
As an example of how highly prized these stones are an extremely rare 15.38 carat pear-shaped pink diamond sold for $31.6 million at Sotheby’s in Geneva on May 17, 2016. This was the most expensive fancy vivid pink diamond ever to sell at auction.
The Argyle mine is the the source of not only 90 % of all the world’s pink diamonds but also the amazing champagne coloured diamonds. If you think it’s just a marketing ploy to cleverly name the brown diamonds “champagne color” you haven’t seen these beautiful and very rare stones.
The Argyle mine has been a very productive resource since its opening in 1983, but the streak can’t last forever and the end is already looming way too close for comfort. The mine is estimated to maintain productivity only to around 2020. When this happens it will undoubtedly give pink diamond owners a warm cosy feeling since they were lucky enough to buy their pink diamonds before the days of scarcity.
There are no likely contenders as an alternative source of the type of colored diamonds we have seen from the Argyle mine.
The Argyle mine yields exceptional blue, violet, and red diamonds, though these are rarer finds and accounts for only 1 percent of the diamonds the mine yields.