To put the true rarity of Pink Diamonds into perspective, did you know that for every one million carats of white diamond rough only one carat is a gem quality Pink Diamond?
Majority of the world’s productions of Pink Diamonds are mined in the far north of Western Australia at the Argyle Diamond Mine. The Argyle Diamond Mine is also the only location in the world where you can find Intense Pink Diamonds. With the projected 2020 closure of the Australian Argyle Diamond Mine it is reasonable to estimate that over the next few years the annual wholesale price will surpass the documented historic annual price increases. Research from The Fancy Color Research Foundation indicates that in the past ten years (ranging from mid 2005 through to early 2015) Fancy Pink, Fancy Intense, Fancy Deep and Fancy Vivid Pink Diamond prices have increased by 342% in price, making them one of the fastest growing hard assets in the world today.
Leonards Jewellers are renowned worldwide for our collection of Pink Diamonds including Argyle Pink Diamonds and are one of only three authorised members within Australia of the New York based International Natural Colored Diamond Association (NCDIA).