Why are natural pink diamonds so expensive?
Natural pink diamonds are extremely pricey ($100,000+ per carat) due to their extreme rarity. The only consistent supply of pink diamonds comes from the Argyle mine in Australia. For every one million carats of diamonds they mine, they get one carat of top grade pink diamonds. Thus, even at their source, a top grade pink diamond (over .50ct, Fancy Intense+) is literally a one in a million diamond. If you factor that most mines produce only whites, a pink diamond is probably one in five million diamonds mined. Since 1985, the Argyle mine has averaged 60-65 top grade pink diamonds per year (or 750 total pink diamonds that are over .50ct and intense color). As their site states, you could hold their annual pink production of top pinks in your hand. That is the reason that natural pink diamonds have sold for as much as $1,000,000 per carat. In a world of over 4 billion people, very, very few will ever own a top grade natural pink diamond (effectively less than 1 in 5 Million). Why aren’t t
