Are Argyle Diamonds good quality?

Are Argyle Diamonds good quality?

Most diamonds have at least one secondary color, so pure Argyle Diamonds are considered extremely rare and valuable. The higher the intensity or strength of the color, the more expensive the stone.

How old are Argyle Diamonds?

about 1.58 billion years
The diamonds found at the Argyle pipe have been dated to about 1.58 billion years of age, while the volcano which created the pipe is aged between 1.1 and 1.2 billion years old.

What Colour Diamond is most expensive?

Red Diamonds
Red Diamonds Still, their rarity and their intense, crimson color make them the most expensive per carat of all the colored diamonds, and on average will cost over $1 million per carat. The largest red diamond ever sold, weighing 5.11 carats, was bought for $8 million, at $1.6 million per carat.

What are Argyle diamonds worth?

For an argyle diamond price will start at 80,000$ per carat and can go up to a million dollars per carat. For example, one of the rarest pink diamonds in the world was sold at an auction for a record 46 million.

Why are Argyle diamonds pink?

Yellow diamonds contain traces of nitrogen, and blue diamonds contain boron. But no similar impurities have been found in pink diamonds, leading scientists to speculate that the colour may be the result of some kind of seismic shock that altered the stone’s molecular structure.

Why did Argyle diamonds close?

Pink Diamond Production The Argyle mine is among the largest producers of diamonds in the world. The mine annual output is (1,200 kg) or 8 million carats of diamonds. However, due to the lowering prices in the market and the introduction of artificial diamonds, Rio Tinto decided to close the mines.

Do pink diamonds go up in value?

Pink diamonds have displayed a steady year-over-year increase in value. Pink diamonds in the higher quality and standard have an average price per carat of $1.5 to $3 million per carat.

What are the different types of Argyle diamonds?

While the 4Cs (Color, Clarity, Cut and Carat) pertain to Argyle diamonds as much they do to other diamonds, the Argyle company has devised their own system of grading color. The pink diamonds are divided into four categories: PP (Purplish Pink), P (Pink), Pink Rosé (PR) and PC (Pink Champagne).

Are Australian Argyle pink diamonds rare?

Australian Argyle Pink Diamonds are beyond rare – they have become an Australian ‘heritage’ item that is highly sought after by collectors and investors from all around the globe. Rio Tinto’s Argyle Diamond Mine is predicted to close at the end of 2020, due to exhausted supply.

What is the origin of the color Argyle?

Origin of Argyle Diamond’s Color. Argyle Diamonds come by their name rightly: they’re from the specific Argyle mine in Western Australia. Though some of the diamonds from Argyle are pink, not all of them are—as pink diamonds are very rare. In a certain sense, the Argyle name is a brand name.

What makes Australian pink diamonds so special?

All pink diamonds are coveted for their beauty and rarity, but this is even more true for diamonds from Rio Tinto’s Argyle Diamond Mine. Australian pink diamonds have a distinctly radiant depth of pink colour that is rarely found in pink diamonds from other countries, which tend to be more soft and pale.