Are you considering diamond investment as a worthwhile hobby? Building a collection of the world's most precious gems can be exciting and fulfilling. While there are various types of diamonds, you may have come across the intriguing allure of Argyle diamonds.
Understanding everything about these captivating gemstones is a crucial starting point if you plan on investing in them and adding them to your collection.
This comprehensive guide will explore the unique features and characteristics of Argyle diamonds, equipping you with the knowledge to make an informed decision about their potential as an investment.
A Close Look At Argyle Diamonds
Originating from the renowned Argyle diamond mine in Australia, Argyle diamonds hold a special place in the world of gemstones. Located in the Kimberley region of Western Australia, this mine stands as the most prominent natural diamond source globally, mainly known for its rare and valuable pink and red varieties. Alongside these exquisite hues, the mine also yields white, cognac, and champagne diamonds, each with unique charm.
To bear the label of Argyle, a diamond must be sourced directly from this esteemed mine and meet strict criteria regarding color consistency and intensity. So, if you're considering investing in distinctive jewelry pieces, a set featuring a pink champagne diamond is an excellent starting point. Notably, even a single piece would make a lovely addition to your jewelry collection.
Colors Of The Argyle Diamonds
The Argyle diamonds are available in various colors ranging from pink varieties, split into categories based on their unique attributes.
Choose from the primary classifications of pink (P), purplish pink (PP), a pink rose (PR), and pink champagne (PC) when exploring the spectrum of Argyle diamonds. In addition to these enchanting pink shades, rare variants showcase mesmerizing colors of red and blue-violet. Once categorized, these diamonds undergo meticulous grading to determine the intensity of their color, assessed by measuring the tone, hue, and saturation.
The distinctive pinkish hue of the Argyle diamonds has something to do with how it forms in nature. Composed of carbon atoms with a specific crystal-like structure, diamonds experience various conditions during their development, including temperature, pressure, and chemical environment.
All these factors disrupt the molecular structure of the carbon atoms, leading to distortions responsible for the unusual color. In the case of pink diamonds, these colored distortions can be attributed to trace elements in their crystal lattice.
Additionally, it's crucial to note that the distinct composition of Argyle diamonds is attributed to their formation within a volcanic pipe containing olivine lamproite. During volcanic eruptions, interactions with minerals such as mica, zeolite, clay, and kaolinite shape the diamonds as they crystallize.
Lastly, with their captivating colors, an Argyle diamond may be a worthwhile option as an engagement ring or a unique piece you can wear on memorable occasions.
Rarity And Price Of Argyle Diamonds
The distinct color of the Argyle diamonds is one of the main qualities that make them stand out. However, it's their perceived prestige that makes them highly valuable. Pricing of Argyle diamonds is heavily influenced by color, particularly for those sourced from the renowned Argyle mine. Among the available colors, pink diamonds are the rarest and most coveted.
The purity of color is another crucial factor that determines the value and price of Argyle diamonds. It's important to note that most diamonds possess at least one secondary color. Conversely, pure Argyle diamonds, devoid of any secondary hues, are exceedingly rare and hold unparalleled value, thus commanding a high price tag in the market.
However, due to the combination of high demand, limited supply, and the closure of the Argyle mine, it's anticipated that prices for Argyle diamonds will continue to rise in the upcoming years. This presents an opportunity for potential investors and collectors to acquire these exquisite gemstones before their scarcity and prestige drive higher prices.
Choosing The Right Argyle Diamond
Knowing the critical factors is crucial if you invest in an Argyle diamond soon. Generally, it would be best to be mindful of the vibrancy of the diamond's color, clarity, cut, and carat.
In addition, the color of an Argyle diamond holds significant importance, as it directly impacts its value and rarity. Look for diamonds with intense and captivating colors, as they tend to be more valuable. The vibrancy and uniqueness of the color should be a primary consideration during the selection process.
However, if your budget isn't enough for an Argyle diamond, you can consider lab-grown diamonds as the next alternative. But it's crucial to educate yourself about lab-grown diamonds and their characteristics before deciding.
Final Thoughts
Investing in an Argyle diamond ultimately depends on your primary motivation. If you sincerely appreciate fine jewelry and desire to acquire a precious piece, an Argyle diamond is an excellent choice. Additionally, a pink diamond from the Argyle collection can be a cherished family heirloom, representing a legacy for future generations.
So, regardless of your purpose, investing in an Argyle diamond is wise. With the dwindling supply of Argyle diamonds in the market, owning one becomes an even more significant achievement and a valuable investment to cherish.