The Rarity and Romance of Pink Diamonds

The Origin Story : From the Heart of Australia

The remarkable journey of pink diamonds begins in one of the most remote and rugged regions of Western Australia — the East Kimberley. It was here, in 1979, that the Argyle Diamond Mine was established following the discovery of an extraordinary deposit of coloured diamonds. Over its four decades of operation, the Argyle Mine became synonymous with some of the world’s most spectacular pink diamonds, producing more than 90% of the global supply. This singular source firmly placed Australia at the forefront of the rare coloured diamond market.

The Pink Diamonds from the Argyle Mine are renowned not only for their rarity but also for the extraordinary spectrum of colour they exhibit. Unlike pink diamonds from other regions, Argyle Mined Pink Diamonds showcase a vibrant and diverse range of hues, from soft pastel pinks to vivid purplish-pink and even deep red tones. This remarkable colouration is believed to have been caused by intense geological pressure, which distorted the diamond’s crystal lattice over billions of years — a phenomenon unique to the Argyle region. Such natural artistry is impossible to replicate, adding a further layer of intrigue and desirability to these rare gems.

The closure of the Argyle Mine in November 2020 marked a significant milestone in the history of fine gemstones. With no comparable deposits discovered elsewhere, the supply of new Argyle Certified Pink Diamonds has come to an end, instantly elevating their value and significance. Today, owning a pink diamond sourced from this iconic mine is seen as owning a finite piece of history. Each stone certified as an Argyle Mined Pink Diamond is accompanied by an official Certificate of Authenticity, ensuring its provenance and preserving its legacy for future generations.

The story of the Pink Diamonds from the Argyle Mine is not merely one of beauty, but of rarity, geological wonder, and historical significance. As the global appetite for rare and meaningful luxury items grows, these exceptional diamonds continue to hold their place as one of the most treasured and admired natural wonders ever unearthed.

What Makes Argyle Certified Pink Diamonds So Rare

The rarity of Argyle Certified Pink Diamonds is unparalleled in the world of gemstones. While pink diamonds are already considered exceptionally scarce, those sourced from the Argyle Mine possess qualities that set them apart from all others. Throughout its 37 years of operation, the Argyle Mine yielded a mere fraction of pink diamonds compared to the vast quantities of white diamonds it produced — with pinks representing less than 0.1% of the total diamond output. This extreme scarcity alone makes Argyle Mined Pink Diamonds profoundly valuable.

What further distinguishes these remarkable gems is the intensity and variety of their colour. The Pink Diamonds from the Argyle Mine display a vivid spectrum ranging from delicate pastel pinks to rich purplish-pinks and rare deep reds. This vibrancy, caused by unique geological pressures that distorted the diamond’s atomic structure, has never been replicated elsewhere, making the Argyle colour profile instantly recognisable among collectors and gemologists

Each Argyle Certified Pink Diamond comes with an official Certificate of Authenticity issued by Argyle, ensuring the gem’s provenance, authenticity, and value. This certification includes a unique Lot Number and a colour grading system that is exclusive to Argyle stones. Such traceability is highly prized in today’s market, where transparency and origin play an increasingly important role in the valuation of fine gemstones.

Since the closure of the Argyle Mine in 2020, no new Pink Diamonds from the Argyle Mine have entered the market. This finality has significantly heightened demand, transforming these diamonds from rare treasures into once-in-a-lifetime acquisitions. As awareness of their rarity continues to grow, Argyle Certified Pink Diamonds are increasingly regarded not only as exquisite pieces of natural beauty but also as irreplaceable assets of enduring significance.

Colour

Colour is the most influential factor in a pink diamond’s value. Argyle Mined Pink Diamonds are classified using Argyle’s exclusive Colour Grading Scale, which measures both hue and intensity.
The hues include:

• PP – Purplish Pink
• P – Pink
• PR – Pink Rose
• PC – Pink Champagne

Beyond the hue, Argyle pink diamonds are graded on an intensity scale from 1 to 9, where 1 represents the most vivid and saturated colour, and 9 is the lightest. The most highly sought-after pink diamonds typically fall between grades 1 and 6, offering a rich, intense colour that commands premium prices. The rarity of finding a stone with both exceptional hue and strong intensity directly correlates to its increased value.

Clarity

While clarity plays a secondary role compared to colour, it still influences the overall desirability and pricing of pink diamonds.
The clarity grades are:

• FL – Flawless (no inclusions or blemishes visible)
• IF – Internally Flawless (only minor surface blemishes)
• VVS1 & VVS2 – Very Very Slightly Included (inclusions extremely difficult to detect even by a trained grader)
• VS1 & VS2 – Very Slightly Included (minor inclusions visible under magnification)
• SI1 & SI2 – Slightly Included (noticeable inclusions under magnification)
• I1 & I2 – Included (obvious inclusions visible without magnification)

Pink diamonds naturally tend to have more inclusions than white diamonds due to the conditions under which they form. However, high-colour intensity often masks minor inclusions, allowing slightly lower clarity grades to remain highly valuable when paired with vivid colours.

Cut

The cut of a pink diamond is crucial in enhancing both its brilliance and the visible strength of its colour. Certain shapes preserve more of the diamond’s natural weight during cutting, influencing both availability and price.
Common distinctions include:

• More Affordable Cuts – Radiant, Cushion, Oval, and Pear shapes, which conserve more weight and are more accessible to buyers.
• Highest Value Cuts – Round, Princess, and Emerald cuts, prized for their precision and symmetry but requiring greater material loss during cutting, thus resulting in higher per-carat prices.

A well-executed cut maximises the stone’s ability to reflect light and intensify its pink hue, directly impacting the perceived quality and ultimate value of the diamond.

Carat Weight and Size

As with all diamonds, carat weight and size significantly influence value. However, in the case of pink diamonds, size plays an even more critical role due to their extreme scarcity. Larger pink diamonds are exponentially rarer, meaning that even slight increases in carat weight can lead to substantial jumps in price. When the colour and clarity are equal, a larger pink diamond — especially one originating from the Argyle Mine — will be considerably more valuable than a smaller counterpart.

Because of the unique densities among coloured diamonds, measurements by size (dimensions) are just as important as carat weight when evaluating overall value. Stones that appear visually larger for their carat weight are particularly prized in the market.

The Emotional Allure: A Symbol of Love and Strength

Beyond their rarity and investment potential, pink diamonds hold a profound emotional significance that makes them especially treasured. For centuries, pink diamonds have been associated with love, romance, and inner strength, making them a natural choice for life’s most meaningful moments, from engagements and anniversaries to heirloom gifts.

The enchanting hue of a pink diamond symbolises a blend of compassion, tenderness, and enduring affection. Unlike traditional white diamonds, which are often linked with purity, pink diamonds convey a deeper, more personal message. Their soft yet powerful colour represents the emotional depth of love and the strength found in meaningful connections.

Argyle Certified Pink Diamonds, in particular, carry an even greater emotional resonance. Each gem, having originated from the now-closed Argyle Mine, is a finite treasure — a reminder of something rare, enduring, and irreplaceable. Owning a Pink Diamond from the Argyle Mine is not simply about acquiring a beautiful gemstone; it is about holding a symbol of resilience, passion, and timeless elegance.

In modern times, pink diamonds have increasingly become a popular choice for bespoke engagement rings and luxury jewellery pieces. Their uniqueness reflects the individuality of the wearer, offering a powerful alternative to traditional choices. Whether gifted as a romantic gesture, a symbol of strength through adversity, or a milestone celebration, pink diamonds continue to captivate the hearts of those who seek both beauty and meaning.

A Legacy Gem: Why Collectors and Connoisseurs Are Captivated

For discerning collectors and connoisseurs, pink diamonds represent far more than exceptional beauty — they embody rarity, provenance, and an enduring legacy. Among these extraordinary stones, Argyle Certified Pink Diamonds are recognised as the pinnacle of desirability, combining captivating colour, verifiable origin, and absolute scarcity.

The closure of the Argyle Mine in 2020 marked a historic moment, ending the supply of new Pink Diamonds from the Argyle Mine forever. This has intensified demand among global collectors, as the existing inventory of Argyle Mined Pink Diamonds continues to diminish. Each certified stone is accompanied by an official Certificate of Authenticity, verifying its origin and securing its place as a finite treasure within the world of rare gemstones.

Pink diamonds, particularly those with vivid and intense hues, have consistently demonstrated remarkable price appreciation over time. Historical auction data shows that premium Argyle Certified Pink Diamonds have achieved record-breaking results at leading auction houses, often outperforming traditional investments such as equities, fine art, and vintage cars. The increasing interest from international markets, especially across Asia, the Middle East, and Europe, has further propelled pink diamonds into a class of their own among tangible luxury assets.

Their cultural significance is also reflected through the choices of influential public figures. Celebrities such as Jennifer Lopez, Victoria Beckham, Blake Lively, and Mariah Carey have famously chosen pink diamonds for engagement rings and personal collections, reinforcing their reputation as the ultimate symbols of exclusivity, glamour, and personal significance. Their preference highlights the enduring emotional and financial appeal of these extraordinary gems.

Today, Argyle Certified Pink Diamonds are viewed not merely as rare adornments but as timeless legacy assets — tangible, beautiful investments that carry both historical weight and emotional meaning. For collectors seeking to build portfolios of lasting significance, few acquisitions rival the enduring prestige of an Argyle Mined Pink Diamond.

Final Thoughts: A Rare Romance Worth Holding Onto

Some treasures are beautiful. Others are rare. But only a few manage to capture both — and pink diamonds are among them. Their allure lies not only in their breathtaking colour but in their extraordinary story: born deep within the earth, formed over billions of years, and discovered in just one remote corner of the world.

Today, Argyle Certified Pink Diamonds are more than just exquisite gemstones; they are reminders of a fleeting chapter in history that can never be repeated. With the closure of the Argyle Mine, each remaining stone has become a finite, irreplaceable piece of natural artistry — a tangible symbol of rarity, legacy, and emotion.

To own a Pink Diamond from the Argyle Mine is to hold something truly extraordinary. It is a celebration of individuality, a testament to lasting value, and a connection to a world of wonder that few will ever experience. Whether chosen to commemorate a love story, to mark a milestone, or to secure a legacy for future generations, pink diamonds continue to shine as one of life’s most meaningful and enduring gifts.

At Waldemar Jewellers: Sourcing the Finest Pink Diamonds

At Waldemar Jewellers, we believe that finding the perfect pink diamond is not simply a purchase — it is a journey. With over 20 years of experience sourcing some of the world’s rarest and most exquisite gemstones, we take immense pride in offering our clients access to an exclusive collection of Argyle Certified Pink Diamonds and Pink Diamonds from the Argyle Mine.

We understand that acquiring a pink diamond is a significant moment — whether to celebrate a once-in-a-lifetime occasion, mark a personal achievement, or invest in a rare and enduring asset. That is why we are committed to offering a tailored, boutique experience, helping our clients discover a diamond that resonates with their story and vision.

With the closure of the Argyle Mine, the opportunity to own these extraordinary gems has become even more exclusive. At Waldemar Jewellers, we are honoured to assist you in sourcing and creating timeless pieces featuring the world’s finest pink diamonds — rare treasures that will be cherished for generations to come.