EDUCATION
Are Pink Diamonds from The Argyle Mine a Good Investment in 2023?
Investing in Pink Diamonds from the Argyle Mine is a popular choice among many investors. These stones have been sought after for their rarity and beauty, but they come with an added bonus: they can also be a great investment opportunity. With prices steadily increasing 28% annually over the last few years, more and more people are asking if investment grade pink diamonds are a good idea in 2023.
There are various factors to consider when deciding whether or not to invest in these precious diamonds, such as cost, availability and resale value. This article explores all of these questions, providing advice on why now is the right time to invest in pink diamonds from The Argyle Mine.
The Argyle Mine
The Argyle Mine, situated in Australia’s remote Kimberley region, has been the world’s largest producer of natural coloured diamonds, particularly pink diamonds, for over three decades. These unique stones possess a unique hue, which has been described as “fallen rose petals” or “pink champagne”.
And in addition to their beauty, they are extremely rare – only 0.1% of all diamonds discovered at the Argyle Mine are pink. This rarity has made them sought after by investors, who view them as a long-term investment opportunity due to their limited supply and potential for price growth.
The relative lateness of the branding process and the closing of the mine means that only 11,000 carats of Pink diamond from the Argyle mines are certified. For comparison, 140 million carats of white diamonds are pulled out of the ground each year.
This makes Pink diamonds from the Argyle mine the rarest commodity on earth. And they’re getting rarer with each year that passes.
Since the Argyle mine closed its doors in 2020, there have been no discoveries of pink diamond mines anywhere else in the world, meaning the existing stock is even more valuable and likely to increase in price over time – hence why you should consider pink diamonds as a good investment if you are looking to grow your portfolio
Appreciation of Pink Diamonds from the Argyle Mine In The Last 3 Decades
Recent market data indicates that prices for pink diamond from the Argyle mine have risen significantly in recent years. For instance, according to a 2022 Rio Tinto press release, Argyle branded pink diamonds have increased in value by an average of 600% since the early 2000’s.
These increases in prices can be attributed to growing demand from buyers around the world, who view pink diamonds as a safe form of investment due to their appreciation over time – attaining a steady rate of 20-30% annually in the last five years.
Other reports indicate that international demand is increasingly coming from markets such as India and China, where wealthy buyers are willing to pay more for these rare stones than ever before.
Investing in Pink Diamonds from the Argyle Mine
When it comes to investing in pink diamonds, aiming for a 1PP – 6PP, 1P – 6P or 1PR – 6PR can be a wise choice. These grades provide a balance of capital appreciation potential and affordability for both the buyer and future seller.
While darker pink diamonds may be more rare and see greater value growth, the pool of potential buyers for them may be smaller.
If you are interested in building a portfolio of pink diamonds, a broad spectrum form 1 to 6 saturation is suggested to create a diverse selection that can be sold off in portions at a later date to either recoup the initial investment or decrease it while still holding on to diamonds with appreciating value.
Here’s a list of the qualities we recommend you to inform yourself about, before making a purchase.
Conclusion
Investment grade Argyle branded Pink Diamonds are a good investment since they yield profitable returns over time. Although rare and expensive, they have seen consistent price appreciation in recent decades at a steady compounding rate of 20-30% annually in the last five years.
When purchasing them, make sure you get the best value for your money by researching the market before making any investments and always buy from a reputable dealer with experience in Argyle Branded Pink Diamonds to ensure a safe purchase.
Download your 2023 Ultimate Pink Diamond Investment Guide
Annette Svetec
General Manager & Sales Manager
After an extensive career of working as an executive for some of the world’s largest fashion houses, such as Coco Chanel, Christian Dior, Yves Saint Laurent and Guerlain, Annette began work for Australian Pink Diamond Investments Pty Ltd.
Annette has been able to utilise her expertise and knowledge from the luxury brand industry to better assist her clients to achieve their financial goals.
Annette specialises in selecting & curating high return pink diamond investment portfolios for both entry-level and high-end investors.