How to Decide if a Pink Diamond Engagement Ring is an Ideal Investment
An engagement ring signifies
a huge milestone in a relationship, it is a symbol of love, devotion and fidelity a couple shares so anyone making this important purchase would want to take the right steps. The shape, design and the choice of diamonds whether white or coloured also plays an additional symbol that many couples incorporate when they design the ring or look for that perfect ring representing their relationship.
The Symbolism of the Engagement Ring
In the Roman times, two engagement rings were presented to married women, one in gold and the other in iron. Giving a diamond ring grew to popularity when in 1477 Archduke Maximillian of Austria presented a ring to his future wife Marie de Bourgogne of Burgundy. Initially, this trend was popular among the rich community but gradually it became democratised as a result of the booming diamond industry. It is also believed that ancient Romans began the practice of placing rings on the left ring finger which has vena amoris, the vein that connects directly to the heart. Other Ancient cultures such as Egyptians used such symbolism and even today this tradition continues both with engagement rings and wedding bands.
The engagement rings are circles of metal which are considered to be very sacred representing eternity, renewal, wholeness and perfection. In these modern times many couples choose engagement rings infused with personal symbolism like they choose antique rings which are family heirlooms carrying an intimate tradition, delicate filigree pattern rings that spell out words or dates, unique settings to incorporate the individual taste and go for coloured diamonds over white such as pink, green, blue, yellow and even black. Couples are looking for trendy rings to exhibit their emotions in a distinct manner and perfectly represent their personality. This has resulted in increasing popularity of coloured diamond engagement rings especially the pink diamond ones and fancy shaped diamonds with various styles and settings.
What is Pink Diamond?
Diamonds occur in a variety of colours in its natural form from white to various fancy colours and the pink diamond has all the same elements of white diamonds except that they exhibit pink hue. It is attributed that the pink colour is due to deformation in the crystalline structure of the stone due to extremely high pressure the diamonds undergo during formation. Natural diamonds in pink colour are very rare and one of the most popular amongst all the gemstones. 90% of the world’s pink diamonds originate from Argyle mine in Kimberley, Western Australia and out of the mine’s 20 million carats annual output, only 0.1% are pink diamonds. They are so exceptional and rare that you could fit them into the palm of your hand an entire year’s yield. Also, the supply is declining and it will become more valuable.
But with all this, how would you know that buying a pink diamond engagement ring is an ideal
investment? No worries, I am here to help.
How to Determine the Value of Pink Diamonds?
Pink diamonds are graded on the same four basic parameters as the white diamonds that is the 4Cs-colour, cut, clarity and carat weight. However, pink coloured diamonds are valued based on different interpretation of the 4Cs and mainly the colour and carat weight are determined.
The three attributes which determine the colour of pink diamonds include:
Hue – this is the dominant colour of the diamond, however, sometimes there are modifying colours or tints that affect the hue.
Saturation – this is the strength of the hue determining the colour of the pink diamond. It can range from light pink to intense and vivid.
Tone – it is the amount of lightness or darkness in the diamond.
The more intense the colour is the more expensive the diamond will be.
Carat weight has a big impact on the pricing, just as it does with white diamonds. The pink diamonds above one carat attract a larger premium. Mostly the pink diamonds that are found are small, however, the large ones are extremely rare and thus very expensive.
Symbolism and Meaning of Pink Diamonds
The pink colour symbolises love, creativity, romance and femininity and an engagement ring with a pink diamond is quite an appropriate way to convey your love and hold a special place in your would-be heart. It symbolises your sweet love that will always remain fresh.
Pink Diamond Cut/Shape Values
There are three types of diamond shapes available namely round brilliant, modified fancy shapes and traditional fancy shapes.
Round brilliant pink diamonds will always sell for a premium over a traditional or modified fancy shape. This is due to the additional cutting wastage. Most people think that round cut is the best option to buy, however, the round pink diamonds up to 0.39 ct are fantastic but larger than 0.50 ct will return a lower profit margin due to an initial higher purchase price.
Modified fancy shaped pink diamonds look amazing at the first glance but will generally sell at a discount over a round brilliant. So, when it comes to profit building, regardless of how nice the colour looks it should be avoided.
Traditional fancy shaped pink diamonds are predominantly abundant and offer a wider selection of colour tones and saturation. They normally sell at a reduced price over an equivalent round brilliant and are very popular with investors. Buying a traditional fancy shape or round shape under 0.39 ct is a good investment.
Secondary Pink Diamond Hues
When you are choosing pink diamond rings, you have endless options in the colour as there are various mesmerising hues and intensities to choose from. The hues range from purplish-pink to orangish-pink and brownish-pink. Pink champagne is also very popular.
The incredible rarity of pink diamonds make them highly sought after and owning a pink diamond engagement ring has become a status symbol and if you are looking to invest in the pink diamond rings then Australian Diamond Company
is the best place to be.