One of the most remarkable gifts from nature is the pink diamond. These precious gems are extremely rare, in fact so rare that they were thought to be a myth up until about the mid-1800s. Pink diamonds are a result of “trace elements” and extreme pressure that coexisted with carbon molecules during the beginning of a diamond’s transformation process billions of years ago. Today, many, maybe even most, pink diamonds come from the Argyle mine in Australia. This mine has historically produced diamonds with a vast array of color, from champagne, to mocha to pink to blue to canary yellow, the Argyle mine delivers it all. There were a lot of “trace elements” at the Argyle back in the day…

The challenge at the Argyle mine is that it also delivers and abundant amount of very low “industrial quality” stones. For every jewelry quality stone at Argyle there are three industrial quality diamonds. So while the output may be significant, most of it is not fit for your jewelry. Add to that the fact that the Argyle mine is reaching the end of its useful life, which means that availability of these stones may start to deplete shortly.

About pink diamonds

Pink diamonds have been around since 400 BC; however, up until about 35 years (the start of the Argyle mine), these stones were only available to the world’s “ruling class,” the wealthiest of the wealthy. This is because the deposits of pink diamonds were not concentrated enough to consistently find these colored stones and bring prices down. Pink diamond engagement rings were often seen on the hand of princesses, spouses of industrial titans and senators or their wives, but they were unavailable to the average person, except for substandard artificially colored stones. The Argyle mine in Australia changed all of that…

Who wears pink diamonds?

Pink diamonds are as elegant as they are beautiful. The wearer is not afraid to express her femininity, elegance, and understated presence. In fact, she is often seen wearing a polo shirt, a pair of Levi jeans, and Sperry boat shoes… At the same time, she may be running a company, hiking in the woods or spending time with her family out East in the summer home. Pink diamond wearers know that women are women and men are men and are not afraid to be themselves no matter what the environment.

Pink diamonds can be fashioned into many shapes. They look great as a side stone, on a three-stone diamond ring, and amazing as the center stone in a single stone engagement ring. Because of their striking features pink diamonds can also be used to create a halo around a colorless stone at a very reasonable price. What is most important however is that the buyer insist upon naturally colored pink diamonds. There are a lot of sites that will sell you pink diamonds of ill repute. We recommend Leibish & Co as the source of your colored stones, because that is all that they do – and they do it well. Will give you a link a little later that will take you to their vast array of pink diamond stones and related engagement rings.

Pink diamond colors

Colored diamonds have unusual names for their grades. First, the correct term for colored diamonds is “fancy colored” diamonds. “Fancy” is a term that is used for any diamond that is less than conventional. There are “fancy shapes” and “fancy colors.” You can also have a fancy colored stone that has a fancy shape… To that end here the grades of fancy colored pink diamonds. The more intense the color, the higher the price tag:

More is not always better when it comes to color. A fancy very light pink, or fancy light pink diamond displays a gentleness about it that a fancy deep pink diamond does not. Despite the cost difference, many would prefer the lighter over the darker shading simply because the recipient’s personality may be quiet and understated, versus rock ‘n’ roll overstated! You get the point…

Pink Diamonds – Rarity

If we look at the spectrum of rarity in diamond color, on the far left there is black or brown diamonds and on the far right there is blue diamonds. In between are shades of yellow, pink, orange, green and red. Below please find a “schedule of rarity” for the various diamond colors available in the market today.

Price of pink diamonds

Less than one in 100 diamonds is shaded pink. This fact alone means that a naturally colored pink diamond is going to be more costly than a colorless diamond. However, because of the Argyle mine in Australia, pink diamonds are more available today than they were even a few years ago. Still, when comparing the price of a 1 carat, round medium grade colorless diamond with a 1 carat, round medium grade pink diamond (light pink), there is a price difference.

Light pink diamonds are far less rare than vivid or intense pink diamonds and so the latter sells for many multiples of the former.

This is because of basic supply and demand dynamics… By 2019 the Argyle mine in Australia will be reassessed to determine if it has any more diamond producing capability. If not, one can assume that fancy pink diamond costs will go way up.

Leibish & Co – Pink Diamonds – 1 Click Price Compare

½ Carat | ¾ Carat | 1 Carat | 1 ¼ Carat | 1 ½ Carat | 1 ¾ Carat | 2 Carat

Pink diamond designs

Sometimes, you just need to see pink diamonds in action to fully understand their amazing effect. Below we show you pinks in several different ring settings to whet your palette.

Three stone

The most powerful attribute of a pink diamond is that a little goes a long way. And while a 2 carat, fancy vivid pink stone may be out of your price range, two ¼ carat light pink stones, set side-by-side, with a large colorless center stone produces an eye-popping result at a price that won’t break the bank


A pink center stone surrounded by tiny colorless diamonds that form a halo around the pink diamond creates an amazing look. This is called a Halo design and it is illustrated on the right.

Four prong diamond and pave ring setting

One can put a beautiful pink center stone of modest size on a ring that has pave diamonds going down the left and the right and achieve a magnificent final product. This can also be reversed with tiny colored side stones and a modest size colorless diamond in the center. Either design works well and looks amazing.

Multicolored stones

There’s no reason that you can’t have pink diamonds sitting next to other color diamonds. In fact, the effect is mind blowing. Pink and yellow are amazing together because the colors have an amplification effect on one another.

As the wedding band

Engagement rings not the only place to display pink diamonds. An amazing effect is created when you put the pink diamonds in the wedding band itself. A bonus is that the cost per carat goes way down… This is because 15 diamonds, each 1/15 of a carat are far less costly than one single carat pink diamond. This effect is shown below.

The most important fact to remember when choosing pink diamonds is that there are dozens of combinations that will yield an effect that will amaze and delight. The best part is that they last for eternity…


Jewelers.NYC recommends Leibish & Company as the primary source for anyone who wishes to buy fancy pink diamonds. Please click the link below to see their complete inventory of pink diamonds as well as many other colors and shapes.

Leibish & Co – Pink Diamonds – 1 Click Price Compare

½ Carat | ¾ Carat | 1 Carat | 1 ¼ Carat | 1 ½ Carat | 1 ¾ Carat | 2 Carat