Everybody knows that diamonds are incredibly rare, but do you know just how rare a pink diamond is?
Over the last 12 months, there has been a huge concentration of media coverage over both pink diamonds and the closure of the Argyle Diamond Mine in Western Australia late last year. Some may find the incredible price increase and value of these ever-so-precious diamonds confusing if you have been out of the loop – let us explain:
The Argyle diamond mine in Western Australia was first opened in 1983 and closed in September 2020. At its peak of production, the mine was one of the largest suppliers of coloured diamonds in the world, supplying over 90 per cent of the global production of pink diamonds.
In addition to pink, they also produced the more common white diamond, to fancy colours such as champagne, yellow and the extremely rare blue. Although the mine produced over 824 million carats of rough diamonds over it’s short lifetime, only 1% of that amount were pink diamonds. Argyle pink diamonds aren’t just rare, but beyond rare.
Hogans Family Jewellers will be hosting a specialised event over the course of three days on the 26 to the 28th of July covering everything related to Australian Argyle pink diamond. Whether you’re interested in making a beautiful piece of jewellery to showcase the pink diamonds, or looking to explore investment opportunities with loose diamonds we’d love to see you at our event where our staff can discuss everything pink diamond related.
From first time buyers to enthusiasts wanting to add another pink diamond to their collection; everyone is welcome. Expressions of interest are essential and can be made by contacting our store on (07) 4632 2361 or via email at [email protected]
Hogans Family Jewellers – for those who prefer quality.