Pink Diamond Price (Current Chart Price – Buying Guide)

Diamonds are both an amazing gift and a worthwhile investment, but it is important to know what you are actually paying for when you shop.

If you’re looking into some of the more specialist stones out there then you will want to know what the pink diamond price is, and what sets them apart from the rest.

There is a lot to understand when it comes to diamond prices, and things get even more complicated when you add color to the equation.

Read ahead to understand everything you need to know about these remarkable precious stones.

What Are Pink Diamonds?

Before we get into how much you can expect to pay for them and what they can be worth, we need to understand what pink diamonds actually are.

Although the classic diamonds that are the most well-known are almost entirely colorless, these stones can come in all kinds of hues and shades.

Naturally-occurring diamonds can develop in a wide variety of different colors, including:

• Red
• Yellow
• Orange
• Green
• Blue
• Pink
• Purple
• Brown
• Violet
• Gray

These are often referred to as “fancy color diamonds” and they can be among the most striking and unique specimens in the world.

Of all of the different colors that you can find, pink diamonds are among the most sought-after, and that generally makes them the most valuable as well.

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How Much Do Pink Diamonds Cost?

Now that we know what these diamonds are, and just how rare they can be, we can take a look at how much they actually cost to buy.

Due to the fact that every diamond is unique, the price varies greatly depending on a stone’s individual qualities, but all pink diamonds are certainly worth a lot.

On the lower end of the scale, lighter pink diamonds can sell for around $10,000 per carat, while a deep intense pink diamond can sell for as much as $700,000 per carat.

Pink Diamond Color Intensity	Price Per Carat
Faint Pink	$7,000 – $10,000
Very Light Pink	$8,000 – $11,000
Light Pink	$30-000 – $60-000
Fancy Pink	$80,000 – $100,000
Vivid Pink	$250,000 – $500,000
Deep Pink	$650,000 – $750,000

This is significantly more than you would expect to pay for white diamonds of the same size and quality, which typically sell for between $5,000 and $8,000 per carat.

Read also >> Pink Star Diamond Price (Current Price + More)

Read also >> Pink Argyle Diamond Price (Current Price + More)

What Makes A Pink Diamond More Expensive?

When it comes to the value of any one individual stone, pink diamonds are graded just like white diamonds are. Its unique and individual features are what determine what it is worth.

The qualities of a diamond are typically broken down into the Four Cs of connoisseurship:

• Color: The most important factor for these diamonds is the color.
• Cut: The quality of the cut will affect how well the diamond reflects light and how bright it appears.
• Clarity: The number of trace elements that are visible within the stone.
• Carat: The weight of the stone itself, which generally translates directly to size. The larger the diamond, the greater its worth.

There are many other factors besides this, though, including things like fluorescence, shape, polish, and symmetry.

To get an accurate assessment of these qualities in a pink diamond, it will need to be graded by an independent laboratory, like the GIA (Gemological Institute of America), the AGS (American Gem Society), or the IGI (International Gemological Institute).

If you’re thinking of buying one of these stones, you will definitely want to see a legitimate grading report and certificate before spending any money..

What Kinds Of Pink Diamonds Have The Most Value?

It is hard to determine exactly which quality will make a pink diamond more expensive than another because different features can affect its price in different ways.

Typically, however, it is the most vivid pink diamond that will sell for the highest price. Color almost always has the strongest impact on how much a pink diamond is worth, and they come in eight different intensities:

• Faint Pink
• Very Light Pink
• Light Pink
• Fancy Light Pink
• Fancy Pink
• Fancy Intense Pink
• Fancy Vivid Pink
• Fancy Deep/Dark Pink

An intensely pink diamond will typically be the most valuable. Vividly colored stones almost always sell for more than even a larger diamond with a lighter color, but the carat, clarity, and cut will also affect this.

Are Pink Diamonds Getting More Expensive?

In recent years, colored diamonds of all kinds have progressively been gaining value.

Pink-colored diamonds in particular have steadily become more and more expensive to buy, and that trend is likely to continue after the closing of the Argyle mine, where most of these diamonds have been found.

Can You Buy Cheaper Pink Diamonds?

There is one way that you can get your hands on one of these specially-colored stones for a significantly more affordable price, and that is by purchasing a lab-grown alternative.

Lab-created pink diamonds are much less expensive to buy than naturally occurring stones, even though they are equally beautiful in every other way.

In fact, lab-created diamonds are practically indistinguishable from those that are mined directly from the earth. They have identical chemical, physical, and optical properties – and even an expert eye cannot tell them apart.

No matter what the origin of a stone might be, however, it should always be graded in the same way and come with independent certification.

What Is The Most Expensive Pink Diamond?

Some of the highest-value and most expensive diamonds that have ever been sold have been pink, and there is one that stands out above the rest.

A diamond known as the Pink Star was sold at an auction for just over $83 million in 2013. This made it the most expensive gemstone ever sold at auction, and that record has not been beaten to this day.

The Pink Star itself was mined in Africa by De Beers in 1999 and it measures a whopping 59.60 carat, more than doubles that of the next largest in its class.

More recently, the Pink Star was sold again for the slightly lower price of around $71 million.

What Makes Pink Diamonds Pink?

Colored diamonds are usually a result of natural elements that are included within the chemical composition of the stone as it forms.

Almost no diamonds are completely chemically pure, so there are nearly always some trace elements present, but a few can have dramatic and beautiful effects on the color.

The color of a diamond can also be affected by post-growth influences and structural defects in the crystal lattice.

Interestingly, scientists have not yet determined exactly what causes the pink hue in naturally-occurring pink diamonds, which only adds to their mystique and allure. There are a wide variety of different theories, though, with the most likely being that shear pressure causes the phenomenon.

Through modern technology, you can now also buy lab-grown colored diamonds. These are created in a laboratory either by incorporating the necessary chemicals during the formation process or through treatment like radiation after the stone has formed.

Where Do Pink Diamonds Come From?

Although they are certainly very rare, this color of stone has actually been found in many places around the world.

The first pink diamonds were discovered in the 16th century in India, at a mine called Kollur in Andhra Pradesh.

Throughout the 16th, 17th, and 18th centuries most of the pink diamonds in the world were found either in India or in Brazil, but more recently Australia has been the place go to look for this particular color.

Now, around 80%-90% of the world’s pink diamonds come from a mine in Australia called the Argyle mine, although it actually ceased operations in 2020. Even there, though, pink diamonds were incredibly rare, making up only 0.1% of their 20 million-carat yearly output.

Are Colored Diamonds More Expensive?

In the diamond world, color is a fascinating topic. For regular “colorless” diamonds, the more color that can be seen the less valuable the stone is.

Color is actually one of the “Four Cs” that all diamonds are rated on, the other three being Cut, Clarity, and Carat. For standard diamonds, their color is rated on a scale from D to Z, starting at the most pure and colorless and working through minute and incrementally increasing shades of yellow.

White diamonds that have a perceptible hue are worth slightly less on the market – but the opposite is true for colored diamonds.

When the color starts to become truly noticeable, then everything gets flipped on its head. A stone that has an intense hue of any color is almost always more valuable than a standard white diamond due to how rare and beautiful they are.

Conclusion

So, what do you need to know about pink diamond prices? Well, they are among the most valuable colors of diamonds that can be found on the planet, and they typically sell for around $10,000 per carat for a lighter shade all the way up to $700,000 per carat for a more intense pink color.

These diamonds are some of the rarest and most beautiful of all the world’s precious stones.

If you’re looking to get one for yourself a lab-grown alternative will be much more affordable, but always get the certification.

References

https://en.wikipedia.org/wiki/Pink_diamond

https://www.bbc.co.uk/news/business-24934297