Valentine’s Day is just around the corner, and if you’re thinking of a romantic proposal, then you may want to consider buying a customised engagement ring.
Things to consider when choosing a customised engagement ring
Aside from Ben Affleck who proposed to Jennifer Lopez with a pink diamond engagement ring, many others seeking for successful proposals also want to invest in a piece to reflect this personal event. But, did you know that pink diamonds are more expensive than white diamonds, with the finest quality pink diamonds valued at as much as fifty to a hundred times more than the price of a standard white diamond.
At the topmost rung of the diamond industry are Argyle pink diamonds, which are considered beyond rare. Because of their rarity and value, pink diamonds are also among the most desired precious gemstones in the world and they can command a high price.
Also adding to the soaring prices for the Argyle pink diamond is the imminent closure of the Argyle mine, which means that the remaining number available for purchase have become more limited too. Argyle diamonds comprise the majority of the pink diamonds mined worldwide (90%). Additionally, the mine only releases 100 carats of Argyle pink diamonds to the market annually. So not only does this add up to make the Argyle pink one of the products that are most exclusive in the world but it rationalizes the rapidly increasing price for such.
The Argyle Pink Diamonds Colour Grading System
The discovery of Argyle pink diamond over three decades ago in the Kimberly region of Australia launched fancy coloured diamonds into public awareness. This variety stands out with its vivid hue, which is a deep and intense pink rarely seen from other pink diamonds.
An Argyle pink diamond’s value is assessed using a grading system for colour that is comprised of 35 different registered colour grades, each covering an extensive variety of tones produced by the said mine. With the Argyle colour grading system, the diamonds are graded from 1 to 9 (darkest to lightest) in red, pure pink (P), champagne pink (PC), purple pink, and (PP) rose pink (PR). Based on this system, the Argyle pink with the most intense tone and saturation is also the most expensive.
Purchasing Pink Argyle Diamonds
In buying a pink diamond, it is challenging to find one that perfectly matches your requirements because of the precious stone’s limited supply. This means that it is nearly impossible to find the exact diamond you want and thus you must be willing to accept the closest possible match. Make sure you buy from credible sources such as http://diamondqueensland.com.au/.
In addition to considering Argyle diamonds that come with original Australian Argyle Certificate or Argyle parcel lot number, it is important for buyers of fancy coloured diamonds to understand the colour characteristics that determine their value. For Argyle diamonds, its hue (dominant colour), tone (amount of light or darkness), and saturation (the strength of hue) determine its value. In addition to its main hue, a pink diamond may possess an overtone (secondary colour) of brown, orange, or purple. The secondary colour can also impact pricing such that a diamond with an overtone will probably be priced slightly lesser than one without an overtone.
In assessing an Argyle diamond, the C that stands for colour outweighs the three other Cs (cut, clarity, and carat weight), which are used in grading and valuing colourless diamonds. In the case of Argyle pink, their value increases as the intensity of the colour increases. Clear discrepancies in prices are seen among different colour grades. For example, the price gap between a Fancy Intense Pink and a Fancy Vivid Pink will be significant, with the latter rounding up six digit figures and the former only approximating to a five-digit price tag.
So, if you are thinking of investing in a customised engagement ring, be sure to consider the value and rarity of the diamonds! If you want some ideas for other customised jewellery gifts, then have a look here and you can get some ideas for Valentine’s Day gifts here.
I hope you enjoyed this feature about Buying a Customised Engagement Ring, and have a look here for more of our style features.
What a fun article to read. I know a fair amount about diamonds and do know the value of a pink diamond. But I’ve never heard of the Argyle pink . I do know that white diamonds less than 3 carat are actually not even rare. The prices are controlled by a sort of monopoly.
For investment I agree that colored diamonds are wonderful. That is, if you can afford one!
❤️❤️❤️
Elle
https://theellediaries.com/
Thank you Elle! I actually hadn’t realised the value of pink diamonds before and I agree that coloured diamonds are wonderful if you can afford them xo
Oooh this is absolutely beautiful – such a gorgeous post and the rings are stunning!
Layla x
https://www.sprinklesofstyle.co.uk
Thank you Layla! I’m so glad you liked it x
This is such a good read- finding the right engagement ring is so important!
-Ashley
Le Stylo Rouge
I totally agree, Ashley! Hopefully, we will be wearing it all the time and for a very long time! xo
Wow, such a ring is really great!
xx Rena
http://www.dressedwithsoul.com
Thank you Rena xx
Nice Pink Diamond
Thank you xo
How pretty… any engagement ring is just beyond gorgeous!
http://www.fashionradi.com
Thank you! I agree xo
Ah it must be so exciting to have a customised ring! Great tips xx
Gemma • Gemma Etc . ❤️
Glad you thought so Gemma xo
Totally swooning over those pink diamonds <3
Green Fashionista
Me too! Aren’t they gorgeous? xo
I did not know all of this about pink diamonds. S interesting!
Amy Ann
Straight A Style
Thank you Amy Ann! I learned a lot about them whilst writing this post xo
That pink diamond ring looks so beautiful.
https://modaodaradosti.blogspot.com/
Thank you Ivana! Pink diamonds are so pretty xo
nothing like a personal touch! fun post!
kelseybang.com
4allthingsdisney.com
Thank you! Glad you like it 🙂
That first pic is stunning! Diamonds are always a girl’s best friend. 🙂
https://www.kathrineeldridge.com
Totally agree, Kathrine! (well, diamonds and donuts! 🙂 )
I haven’t really ever thought about a custom one, these are pretty!
Raindrops of Sapphire
Thank you! xo
Ohh, so pretty and fun. I love anything that is customized and not cookie cutter (as I’d say!). I am sure a lot of engagements will be happening tomorrow! 🙂
Carrie
curlycraftymom.com
Yes, I love customised jewellery too :). It’s so nice to have something that’s different from everyone else xo
Those diamonds are beautiful!
http://www.sundaydahlias.com
They really are! xo
bellissimi questi diamanti *_*
I agree! xo
This diamond looks spectacular and thank you for the insight!
xoxo
Lovely
http://www.mynameislovely.com
Thank you! Glad you enjoyed it xoxo
While I don’t have a custom engagement ring, I did pick mine out 🙂 I also designed a ring for my 30th birthday which I love!! xo, Biana
There’s something really great about designing your own jewellery 🙂
This is such great information!! And perfect timing with the love holiday coming up!
XOXO
Jodie
http://www.jtouchofstyle.com
Glad you liked it Jodie xoxo
The argyle pink diamond is stunning! I had no idea they were so expensive and rare!
Jill – Doused in Pink
Me neither Jill! They are stunningly beautiful though xo
Such an important piece of jewellery.
I have a Tiffany Lucida princess cut diamond that still thrills me after all these years!
http://a-woman-of-a-certain-age.com/
Yes, I still love my diamond ring too! xo
Love these rings! Great tips!
x,
S | Je M’appelle Chanel
Glad you like them! Thank you 🙂