“Believe it or not, 80 to 90% of the world’s pink diamonds have been found in a single place, the Argyle Diamond Mine, in a remote part of Western Australia.

At its peak, the number of pink diamonds found here in one year couldn’t fill a glass of champagne. Sadly, this famous mine closed in 2020 after it could no longer find enough diamonds to be profitable. Therefore, the world has lost its primary source for pink diamonds, increasing their rarity and value even further.

According to the GIA, of all the diamonds found in a single year, only 1 in 100,000 could be graded as having a “fancy color,” making natural fancy color diamonds one of the world’s most extreme rarities. Fancy color diamonds can come in many colors, including blue, green, and yellow, and out of all these colors, pink diamonds are considered the second rarest.

Their scarcity is due to the extreme conditions in which these beauties are formed. While all natural diamonds formed under intense heat and pressure up to three billion years ago, pink diamonds are subject to further, more extreme pressure that compresses their internal structure. This phenomenon is known as “plastic deformation,” and it causes the diamonds to reflect pink light. However, their unique way of forming means that most diamonds do not survive, and if they do, they are likely very small or highly included, which is why they are so rare.”

Keep reading by clicking on the link below for the most extraordinary story of why pink diamonds are so rare and miraculous…

Pink Diamonds: All About These Rare Miracles of Nature

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