Few people who understand the workings of the diamond trade can argue with the fact that pink diamonds are among the most greatly valued diamonds. Indeed, wherever premium diamonds are mentioned, one can almost always be sure that the phrase ‘pink diamonds’ will be mentioned when the speaker gets to the particulars of the premium diamonds in question. But just why are pink diamonds so greatly valued?
Well, for one, the pink diamonds are rare to get. Of course, it is possible to take diamond pieces of any color, paint them pink and pass them off as pink diamonds. But where it is the naturally occurring pink diamonds that one is speaking of, getting a hold of them becomes a much trickier affair; because diamond – in the few places in occurs on the globe – hardly occurs in its pink form. This rareness naturally makes the pink diamond highly ‘exclusive’ as the different people who desire to have it have to compete through money (effectively bidding for the pink diamond); so that the diamond ultimately ends up going with the ‘highest bidder.’ This is in keeping with the well know fact in economics that whenever a valuable thing happens to get rare, its prices are naturally expected to go up.
Of course, it is worth reiterating that this only applies when it is naturally pink diamonds that are in question. When it is diamonds that were originally of other colors but which were painted pink, then the dynamics change – though not as drastically as one would expect, because even these ‘artificially’ pink diamonds still get to enjoy some of prestige that the naturally pink diamonds enjoy – especially keeping in mind that it is often diabolically hard to differentiate the naturally pink diamonds from the artificially pink diamonds.
Rareness aside, pink diamonds are also greatly valued for their ornamental value: keeping in mind here that pink has come to be seen as the color of feminity – and also keeping in mind that the greatest application of diamonds in the jewelry has tended to be in the making of engagement rings. Given that pink is taken to be the color of feminity – a color that women are said to love – it would not be hard to see why most men who want to give their women engagement rings that they will love opt to go for rings made from pink diamonds. Matters are not made any easier by the fact that in the traditional way of doing things, it is only the men who give women the engagement rings, and where almost every man is keen to give his woman an engagement ring made from pink diamond, it follows that the pink diamond becomes very dear indeed.
Feminine love and pink engagement rings aside though, very few people would argue with the fact that pink diamonds do look cute by their own right; even where the pink diamonds are to be used for other applications besides making the engagement rings.
