Pink Diamonds Explained

Here at Hoskings, we often get asked “what’s the deal with pink diamonds?” That’s why we’ll share everything you need to know about pink diamonds in this blog post.

What’s so special about a pink diamond?

In the jewellery trade we call coloured diamonds “fancy diamonds”. That’s because these naturally occurring coloured diamonds are even more rare and precious than white diamonds. Fancy diamonds can also be created in a lab. We’ve written about lab created diamonds before here.
 
Fancy diamonds come in a wonderful variety of colours as well as different saturation and tone of those colours. Pink diamonds obviously get their name because of their beautiful pink colouring. And pink diamonds are the second most rare of all fancy diamonds (red diamonds are the rarest)! This means of course that pink diamonds are very desirable and valuable.

Are pink diamonds natural?

All diamonds are natural, or they don’t get the immense honour of being called diamonds! Lab created pink diamonds are visually and chemically just the same as a mined diamond.
 
There are of course other stones like pink sapphires that might look quite similar, but they won’t have the same durability or value as a diamond.

Where are pink diamonds found?

Pink diamonds were first discovered in South-East India, in the Kollur mine. Pink diamonds have also been found in Brazil, Russia, South Africa, Tanzania, and Canada.
 
However, in Australia can boast that nearly 90% of all the world's pink diamonds came from the Argyle mine in Kimberley, Western Australia until the mine closed in 2020.

Are pink diamonds valuable?

There are several reasons pink diamonds are considered some of the most valuable of all diamonds. One is the rarity at which it occurs and in only a handful of places around the world. We’re still not sure exactly how pink diamonds get their beautiful colour, but this fortuitous creation of pink diamonds happens far less frequently than white diamonds.
 
When the Argyle mine in WA closed down, the world lost its biggest producer of pink diamonds, so they became even more exceptionally valuable.
 
And of course, pink diamonds are just completely, absolutely, utterly stunning! Ben Affleck proposed to Jennifer Lopez – the first time – with a stunning pink diamond engagement ring. So, there’s no question that this level of desirability and rarity means pink diamonds will always be highly prized.

Are pink diamonds worth more than white diamonds?

The short answer is yes, pink diamonds are generally worth more than white diamonds! In fact, depending on the quality, colour and size of the pink diamond, it can be valued at much more than white diamonds.
 
When it comes to determining a diamond’s value, jewellers like Hoskings use a system called “grading”. Grading a fancy diamond is a little more complex than with a white diamond. Generally, the deeper the colour of the pink diamond, the more valuable it is.

How much are pink diamonds?

Like all things of great value, the price of pink diamonds will vary upon supply and demand. Due to the rarity of pink diamonds and depending on colour, shape, clarity and quality, their value increases every year.
 

Blush pink diamonds explained

Blush pink diamonds are authentic gems that have been harvested from the Argyle Mine. These stunning blush pink diamonds are famous worldwide for their affordability. And because Hoskings wants to offer our customers the absolute best, we choose these beautiful Kimberley Argyle blush pink diamonds for our pink diamond jewellery collection.

How to wear pink diamonds

Hoskings has a stunning luxe collection of blush pink diamond jewellery. Master jewellers hand select these treasured Argyle diamonds and have curated a beautiful range of Kimberley Blush pink diamond rings, pendants and earrings.
 
These spectacular Kimberley Blush pink diamond ‘Ophelia’ earrings set in 18ct gold would make the most thoughtful birthday or anniversary gift. Or you can ‘wow’ your loved one with this classic natural Australian Argyle pink diamonds circle pendant for some serious brownie points!
 
The best way to discover our full range of pink diamond jewellery is to pop in to our Karingal store and let our gorgeous customer service team members help you. If you can’t make it in store, then be sure to keep checking in on our Blush Pink Argyle Diamond jewellery online so you won’t miss it when new pieces are added.
 
Alternatively, feel free to call our customer service team on these numbers: for VIC/ NSW/ QLD & TAS here 1800 819 796. Or call (08) 8981 8895 if you’re in NT/WA or SA.

Written by: Niamh Hislop