Investing in Australian Pink Diamonds: The New Trend for Wealthy Investors
Investing in natural pink diamonds has become a new trend among wealthy investors in recent years. These rare and valuable gems have been gaining popularity, with some fetching record-breaking prices at auctions. This article will discuss the investment potential of Australian pink diamonds, including their rarity, market trends, and investment outlook.
What are Australian Pink Diamonds?
Australian pink diamonds are a type of natural fancy color diamond, which are extremely rare and valuable. They are formed under unique geological conditions, which result in their distinct pink color. The majority of these diamonds come from the Argyle mine in Western Australia, which is owned by Rio Tinto.
Why Invest in Australian Pink Diamonds?
Investing in Australian pink diamonds can be a wise choice for several reasons. Firstly, they are extremely rare, and the supply of these gems is limited. The Argyle mine, which is the primary source of pink diamonds, is expected to close in 2021. This means that the supply of pink diamonds will decrease significantly in the future, making them even rarer and more valuable.
Secondly, the demand for pink diamonds is increasing, particularly in Asian markets. This is driving up the prices of these gems, making them an attractive investment option for those looking to diversify their portfolio.
Thirdly, pink diamonds have a proven track record of increasing in value over time. According to the Fancy Color Research Foundation, the price of top-quality pink diamonds has increased by an average of over 14% per year since 2005. This makes them one of the best-performing investment assets in recent years.
Where to Invest in Australian Pink Diamonds?
If you are considering investing in Australian pink diamonds, there are several options available. Many reputable jewelry companies and diamond dealers offer investment-grade pink diamonds, which are certified by organizations such as the Gemological Institute of America (GIA).
Investors can also participate in diamond auctions, which offer an opportunity to purchase rare and valuable gems. Auction houses such as Christie’s and Sotheby’s regularly hold diamond auctions, including those featuring Australian pink diamonds.
Pink Diamond Investment in Major Australian Cities
Investing in Australian pink diamonds is popular among wealthy investors in major Australian cities, including Sydney, Melbourne, and Perth. These cities have a thriving diamond industry, with many reputable diamond dealers and jewelry stores offering investment-grade pink diamonds.
In Sydney, Melbourne and Perth , investors can find pink diamonds at prestigious jewelry stores such as Jennybay Diamonds who is known for its exceptional collection of rare and valuable pink diamonds.
Investing in Australian pink diamonds can be a lucrative and rewarding investment strategy for those looking to diversify their portfolio. With their rarity, increasing demand, and proven track record of increasing in value, pink diamonds offer a unique investment opportunity. As the supply of pink diamonds is limited and the demand is increasing, the prices of these gems are likely to continue to rise in the future. So, investing in these precious gems can be a wise decision for those looking to secure their financial future.