Diamonds are always considered to be one of the costliest stones found on our planet. The price of it depends on the size, cut, and most importantly, color. The color of this stone depends on the presence of other minerals in them. However, the pink diamond differs from the rest since a different phenomenon known as plastic deformation. It results from the diamond’s internal complexity resulting in a different kind of reflection of light inside the crystal. These diamonds are an asset over the years and being an investor, and you can crack a fortune if you deal with them. Let us look into some of the facts about these pink stones that can boost your business manifold.
Pink diamond price has rocketed over the years
If you look into the history of mankind, these stones have been used for all royal purposes. They have found a place in the crowns of kings and queens. Even in today’s world, people love to wear that royal look. Increasing the people’s earnings has complimented such desires, and they can now pay for such luxuries. Therefore, the light pink stones that cost around $10,000 per carat in 1979 have taken a complete upgrade to $220,000 today. A whopping increase of 22 times in just 38 years. The value of a diamond never falls. Therefore, even if you sulk for not getting one stone sold, who knows, it might fetch you around 25X its value after some years? If you have the patience, you will never incur a loss in the diamond business.
The price of used pink stones vary with their use
As stated earlier, these diamonds were often used as a part of clothing by most emperors. They used to wear it in their crown, as a part of their necklace, or even on their finger rings. These jewels have a royal value attached to them. Therefore, if they are put at auction, their value will be much higher than those excavated recently. If you want to invest in these pink stones, look for those that have some historical importance. If you can get your hands on one of these crystals, it will spell fortune for you. Along with the profit, your business fame will soar high, and many customers will come to you for more of such crystals.
Colored stones are more precious
Every crystal has a natural color. However, its value increases due to certain minerals or physical aberrations in it, resulting in a different color. According to a recent survey by the Fancy Color Research Foundation (FRCF), the annual growth rate of these colored stones seem to be on an upward curve since 2005. In fact, pink diamond showed the highest compound annual price growth rate amongst colored ones, with a value of 11.6%. Therefore, if you want to invest in these stones, do it now.
Most diamond investors have started to focus their business on the colored stones. Therefore, if you also want to strike a fortune, make sure you are not left out of this race. Arrange for some heavy investment in these colored crystals, and wait to bring in a lot more fortune from them.
