Origin of Argyle Diamond’s Color
Argyle Diamond come by their name rightly: they’re from the precise Argyle mine in Western Australia. Though some of the diamonds from Argyle are pink, not all of them are—as pink diamonds are scarce.
In a certain sense, the Argyle name may be a brand name. They’ve even developed their own grading record for pink diamonds and a unique color outline for other Fancy diamonds.
The unique composition of Argyle diamond is attributed to a volcanic pipe—commonly referred to as the Argyle pipe—made of olivine lamproite. Due to an eruption, minerals like zeolite, micas, kaolinite, and clays interacted with the diamonds during their formation.
Most Argyle diamonds contain small amounts of nitrogen impurities, but the majority of their color is tied to structural defects of the crystal lattice.
Argyle Diamond Intensity Levels
While the 4Cs (Color, Clarity, Cut, and Carat) pertain to Argyle diamond the maximum amount they are doing to other diamonds, the Argyle company has devised its own system of grading color.
The pink diamonds are divided into four categories: PP (Purplish Pink), P (Pink), Pink Rosé (PR), and PC (Pink Champagne). Then, the diamonds are graded supported their color intensity. This varies from 1 (the highest) to 9 (the lowest).
The Argyle pink diamonds discovered within the mine are usually more of a bubblegum-like pink tone with a superb appearance. Red, however, is that the rarest color of Argyle diamond.
Argyle Diamond Rarity and Costs
The Argyle mine supplies over 90% of the world’s pink diamonds. That being said, just one in every two and a half million tons of ore processed within the mine contains a pink diamond.
Over the past few years, a considerable decline in Argyle pink diamond production has occurred, and it seems to be continuing in this direction.
While Argyle diamonds do have a distinct color to them, it’s their perceived prestige that makes them even more expensive than pink diamonds generally.
Color is far and away from the foremost important pricing factor when it comes to Fancy Color Diamonds—and this certainly applies to those from the Argyle mine. Among all of the diamond colors available, pink is one among the rarest and possibly the foremost popular.
To assess the price and value of Argyles, the purity of color may be a large component. Most diamonds have a minimum of one secondary color, so pure Argyle Diamond is considered extremely rare and valuable. The upper the intensity or strength of the color, the more expensive the stone.
Between the low supply, high demand, and the approaching closure of the Argyle mine, Argyle diamond prices are likely to feel upward pressure still. Argyle’s limited supply and, therefore, the popularity of pink diamonds are only a part of the puzzle, though; the corporate has done well to market the company’s exclusive and prestigious Argyle Tender.
As an example, a diamond-like this 0.37 Carat Fancy Intense Pink Round would have cost you less than $20,000 a few years ago while it might likely sell for triple that price now.
As expensive as “regular” pink diamonds are, a certified Argyle pink diamond is even more expensive. While a 1-carat fancy pink (not around) could go for roughly $140,000 to $180,000—depending on the standard of the color—a similar Argyle stone would easily fetch over $200,000.
As an example, this is often a gorgeous 1.02 Carat intense pink, which will cost you $193,000. Compare that price to the present 1.01 carat intense pink Argyle that’s priced at $447,178. This is often obviously a substantial price difference.
The decision to buy an Argyle stone, in our opinion, hinges on what your motivations are. Are you just checking out the most effective looking pink diamond for your money?
If so, then a non-branded pink is maybe your best bet. But if you’re interested in the stone as a long-term family heirloom or investment with prestige, an Argyle stone could be the simplest choice, especially considering the dwindling supply.
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