Someone, somewhere in the world, will soon be the proud owner of a very special pink diamond. The extraordinary 10.64-carat pink diamond ring, worth up to $25.5 million, is for sale at auction house Sotheby’s Hong Kong on October 7.
The price tag reflects the current demand for coloured diamonds, pink in particular. Pink fancy-colour diamond prices increased 0.4% over the last few months (ending June 30). These stones have proved hugely popular at auction. In 2017, the Pink Promise, a 14.93-carat fancy-vivid pink, fetched $32 million. More recently, Harry Winston bought the Pink Legacy, an 18.96-carat, fancy-vivid-pink diamond, at auction for $50.4 million.
Pinks are also currently outperforming blues and yellows, according to the Fancy Color Research Foundation. Jewellery lovers are seeking out beautiful rose-pink and red hues as well as purplish pink tones. Furthermore, the Argyle mine in Australia is set to close in 2020. As it produces most of the world’s pinks, its imminent closure is pushing up prices.
Lab-grown pink diamonds
Fortunately, these coveted pink diamonds are not just gemstones for the super-rich. The must-have pink diamond can sparkle for you at a fraction of the price – simply choose Madestones. These gorgeous lab-grown diamonds perfectly match the appearance (identical, actually) of a mined pink diamond, therefore, you don’t need to drop $25.5 million on them.
You don’t need to worry about mine closures either. Thanks to science and technology, there will never be a shortage of pink diamonds. Madestones will always meet demand.
Lab-grown diamonds, including the popular pinks, can be cut and polished as desired. For example, if you love an Emerald-cut diamond with intricate step cuts, Madestones make it possible. So, when it comes to owning an extraordinary pink diamond ring with exquisite sparkle, that someone, somewhere in the world, could be you.
Madestones is Europe’s largest lab-grown diamond distributor. We sell high quality laboratory grown diamonds to the retailers, jewellery manufacturers and designers all around the Globe.
Contact us for more information