You might notice when you go shopping for pink diamonds that the price tends to be higher or varies based on certain things.
Today we will discuss the factors that determine the pink diamond price to help bring you clarity when you are shopping. We will discuss how the rarity of a prink diamond affects the price along with the intensity and shape.
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When it comes to diamonds, the cut, color, clarity, and carat weight are the factors that influence the price. Color is usually the most important thing that people consider.
However, this raises the question of how a diamond acquires its color?
Diamonds derive their color from a multitude of elements during the creation process. Those factors will result in specific colors. Boron, for example, is responsible for blue diamonds.
However, the ingredient that gives pink diamonds their color is unknown. Scientists believe the pink color is caused by compression, but more research is needed.
The fact that the ingredient that gives pink diamonds their color is unknown adds to their allure. The pink diamond’s worth and price rise in tandem with its mystery.
Pink diamonds are uncommon because they come in a wide range of pink hues. This adds to the cost of the diamond by increasing the value of the stone.
Pink diamonds are also uncommon, because they are difficult to come by. The pink color is not just one shade; rather, it comes in a variety of pink tones. If your diamond is the darkest shade of pink, it must be split up by diamond cutters working at diamond mines.
Pink diamonds are pretty rare. Gems, in general, are pretty rare. Because the bulk of diamonds are colorless, and only about 0.01 percent of all mined diamonds are pink. So pink diamonds are the rarest type of diamond.
Despite the low supply and high demand, because of the pink diamond’s rarity, it comes with a premium price tag.
The intensity and strength of color in a pink diamond are used to classify its shade. Pink diamonds can have a secondary color or overtone, such as purple, brown, or orange, in addition to their primary hue.
Pink diamonds are graded on the following scale by the GIA:
- Very Light
- Fancy Light
- Fancy Intense
- Fancy Vivid, Fancy Deep, or Fancy Dark
The physical form of a diamond is referred to as diamond shape or cut, and it is frequently one of the first characteristics that couples evaluate while searching for a diamond. While round diamonds are the most popular, many couples prefer the unique appearance of non-round or “fancy-shaped” diamonds.
Oval, cushion, princess, pear, emerald, marquise, asscher, radiant, and heart-shaped diamonds are examples of fancy-shaped diamonds.
We can summarize any concluding thoughts now that we have a better understanding of the pricing of pink diamonds.
Because of their mysterious origin and scarcity, pink diamonds will command a premium price. The price will rise from there, depending on the color combinations.
Due to demand, brown and pink diamonds are more accessible, whereas purple and pink diamonds are more expensive.
In general, as the color intensity level increases, so does the price, and the rarer the second hue, the higher the price.
Finally, while this is true of all diamonds, the carat weight has a direct relationship with the price. The higher the carat, the higher the price.
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