Pink Diamonds: Investing in Rare Argyle Diamonds

Investors increasingly buying rare Argyle diamonds has been evident lately. The world economy has experienced a great number of ups and downs for the past years. Some notable events that shook the economy includes – Brexit, Donald Trump winning Presidential election, deceleration of Chinese economy and refugee crisis. With the economy facing a lot of uncertainties, people start to get wary and watch out for their money. During these times, investment comes into the picture. People look for alternatives, that’s why diamonds and other hard assets investments are getting more popular.

There’s an evident increase on consumers investing in diamonds. In 2016, the worldwide sales for diamonds hit $80 billion.

Diamonds are not just a well-known symbol of social status, they are also well appreciated as commodity investment and portable source of money. Unlike other investment options, diamonds are tangible possessions.

Today, many people want something that they can literally hold onto and precious gemstones such as diamonds are just that.

Rare Argyle Diamonds

After more than 30 years of diamond mining and production, Rio Tinto announced that Argyle Diamond Mine will be ceasing operations on 2020.

Argyle Diamond Mine is one of the world’s largest supplier of diamonds and has produced more than 800 million carats of rough diamonds. It is also the world’s largest supplier of the very rare pink diamonds, accumulating 90% of the global supply.

Argyle Diamond Mine is known for its pink diamonds. Over the last 10 years, the value of Argyle pink diamonds increased by 20% every year. Only 40-50 carats of pink diamonds make it to the annual tender with the price ranging from $100,00 to $1,000,000.

With the supply for rare pink diamonds continuously decreasing, an intense escalation for value is expected. In fact, Argyle’s annual pink diamond tender prices have experienced a 300% increase in the last ten years. Argyle’s pink diamonds will get even rarer in the years to come.

With the forthcoming closure of the mine, it is an ideal time to consider investing in these rare Argyle Diamonds.

How to Invest in Pink Diamonds

1. Determine your budget.

How much money are you willing to put into this investment? Pink diamonds are rare so expect higher price compared to other diamonds. Once you’ve set your budget it will be easier to choose the diamonds you can invest in.

2. Buy the best pink diamond possible.

There are a few factors to consider in buying pink diamonds. Your diamond should come with appropriate certification to prove its authenticity and determine its value.

3. Compare prices.

Compare diamond prices. Invest in diamonds that are marketable in the future. Don’t choose something that everyone already has. Why choose a common white diamond when you can choose coloured diamond like pink diamonds, which are rare and more valuable?

4. Consult diamond experts.

Don’t be shy. Ask help from experts. They will guide you from the basics of diamonds to the complicated investment stuff. Know your diamonds and your investment. Ask a lot of questions if needed.

With the uncertainty the economy has to offer, it is no surprise that people start to worry about the future. Many find investments as a form of security. In a 2012 survey by Barclays, nearly one-third of precious jewellery owners have them for security should other investments fail. Pink diamonds are not only great for customised jewellery, they can also make an excellent investment you can hold onto.

Monty Adams Jewellery Concierge can guide you through the process of buying pink diamonds. We specialise in sourcing the world’s finest pink diamonds. You can also learn more about diamonds in this comprehensive diamond education.