JEWELRY. In the land of pink diamonds

pink diamonds are the latest craze in the fine jewellery market. Dive into a world where “I love” is written “gem” .

pink diamonds

From the back of the room, this ring shines like no other. A blue diamond on a platinum setting and enhanced with two white pear cut diamonds. Like the eye of which lights up and calls the community of the Ring to join it, this blue diamond attracts us. A “fancy blue” according to the nomenclature that governs this very particular field that are pink diamonds. We are not here in a shop overlooking the street, but in a very anonymous and yet super secure showroom. The address on rue de la Paix also displays its color. Welcome to the hushed world of fine jewelry. You have to be observant to see the discreet De Beers panel.

The world’s leading producer of diamonds has also been, since 2001, a brand that did not need to make a name for itself. “We buy the most beautiful diamonds in the world, and the others take what is left,” boasts Andrew Coxon, president of the De Beers Institute of Diamonds, a world reference in the field. We readily believe it, at the sight of the hundreds of stones exposed in the room. For him the pink diamonds is the ultimate. These exceptionally rare stones, which have been highly prized in recent years, are at a bargain price. “This market is closer to that of art, it is collectors and true amateurs who are our main customers”, specifies the specialist in things that shine. 

It is estimated that there is one coloured diamond per 10,000 colourless diamonds. The price per carat can thus reach up to 50 times that of a “white” stone. Like colourless diamonds, these stones are extremely solid. All types of sizes and shapes are possible in order to restore their brilliance and beauty to these exceptional gems. Each diamond is designated by one of these 4 names: “fancy light”, “fancy”, “fancy intense”, or “fancy vivid” depending on its intensity. We can thus hear talk of a “fancy yellow” to designate a yellow diamond or of a “fancy light red” to speak of a red diamond with less intensity.

“The difference is significant from one category to another, the price can vary by several hundreds of thousands of euros,” said the director of the De Beers Institute. 50 times that of a “white” stone. Like colorless diamonds, these stones are extremely solid. All types of sizes and shapes are possible in order to restore their brilliance and beauty to these exceptional gems. Each diamond is designated by one of these 4 names: “fancy light”, “fancy”, “fancy intense”, or “fancy vivid” depending on its intensity. We can thus hear talk of a “fancy yellow” to designate a yellow diamond or of a “fancy light red” to speak of a red diamond with less intensity.

pink diamonds

But specialists will tell you that the colored diamond remains above all a love story. “He’s the one who chooses you.” He’s a life partner, ”says a little teasing Andrew Coxon. “A woman who exclaims:” It is superb, it is wonderful “, will not take this stone, believe my 42 years of experience”, abounds Alain Kimmerlé diamond dealer in Paris. “The eye must vibrate for the color, the stone must elicit an exaltation”, explains this joking gemologist. “But the real pleasure is to touch them, to discover these stones before they are set in jewelry,” raves this lover of gems. Two stones then appear to us. A red diamond of 1.06 carat and a pink diamond of 2.48 carat, with a value of 4 million and 3 million respectively euros. In the hand, they weigh nothing but sparkle.

Where do pink diamonds come from?

pink diamonds are found mainly in the Argyle mine, in Australia, for pink diamonds, in Lesotho for blue and green diamonds. For a diamond to take on a particular color, a chemical reaction must have occurred on the stone with elements such as iron or aluminum, depending on the color. Without forgetting a particular temperature and pressure, which explains their great rarity.

The crazy story of pink diamonds, the most expensive jewel in the world

Sold for 83.2 million dollars (72 million euros) in 2013 at Sotheby’s in Geneva, Pink Star), renamed rose pink diamonds of 59.60 carats is diamond (but also the most expensive jewel ever “sold” at auction. It was extracted in 1999 in Africa by Beers. Cut in 2003, it was sold for the first time in 2007. This diamond had zero defects… except the default! Having failed to raise the necessary money, the buyer failed! More than two months after the sale, this exceptional diamond then became a very hard pebble in the shoe of the auction room. The sale was canceled and the diamond reappeared in the accounts of the big house. He is always there.

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