Diamonds are a joke. Nothing more than the modern day equivalent of the Dutch Tulip. The only difference is, the diamond merchants figure out how to keep their market from crashing.
I am an Australian and pink diamonds are pretty and rare but I get the impression pricing of diamonds of all kinds is opaque. I have a small pink diamond .17 ct and price has not gone up after six years. Jewellery is mostly for pleasure not investment but does not turn to junk like many other consumer goods and can realise some value in a sale.
I'm from Melbourne and I love them too. I've finally been able to afford a champagne argyle and have a Perth jeweller design a ring for it. 20 years I waited but it was worth it. (I'm not a 'pink' person but even the white ones from the Kimberley are special).
The Arglye diamond mine is closing as they have run out and f diamonds. So no diamonds but what is left is a huge excavated hole and no way of returning it back to the way it was. Then massive unemployment in the area. These mining companies rape pillage and plunder every where they go! Absolutely shameful!!
These mines provide 50,000 people with good paying jobs. They dont rape the land, they provide wealth for everyone. The workers at this mine knew it was being shut down in 2020 so the company or they have plans. They wont necessarily be long term unemployed
@@justinroznik1997 Gosh 50000 people in these mines? Yes you could see all of them in this. The place was stuffed with people,you could see them. How could they work in these conditions? How could they have moved? Not to mention all the AUTOMOTIVE MACHINERY doing 99% of the work. More like 500 people at the max! It's not the 18 century anymore Justin! The Native People would disagree with you on one or more points. So would the other communities around the mine. There are ways to return the land back to some sense of order but its too expensive. Most miners are fly in, fly out miners, leading to NO economic growth for the area. Most times it destroys a small town. You must read a lot of Liberal press issues. Rhinehart Fan much.
@@damonturnbull5903 I didnt say 50,000 people work on one mine you dumb shit. Look up the Rio Tinto group wich owns this mine and countless others. Who do you think works and designs those "automated machines"? Its engineers, technitions and regular workers. If youd get off your ass bitching about ethics and how were "ruining the planet" you can actually begin to realize the value of these industries. Maybe get your eyes off of what the pc press is telling you and actually open your eyes to the real world
@Marie Shines. Do you work at Argyle Diamond Mine? Because I do and that is far from the truth. We are still continuing to find diamond's. If you want facts, the reason Argyle Diamond Mine is closing is because the Land is leased to us by the Traditional land owners. The Aboriginals, and our lease is nearing its end. Meaning we must now return the Land back to the T.O. please get your facts right!
When first discovered in the State of Western Australia, the first remarks about Argyle Pink Diamonds were that they were a stone outside the usual Diamond buyer spectrum Therefore, they could not be considered as being consistent with the conventional Diamond pricing regimen. (Despite its range of coloration.) This being suggested by the Diamond experts of that former era, could not demand the premium prices of conventional color white Diamond. I suggest that this was a means to devalue Australia's Diamonds. Once again, the experts were wrong, as these experts were merely guessing their expert opinion. This same opinion was given about Australia's Sapphires some 100 odd years ago. Australian Sapphires were found to be harder than the range of Sapphires from around the rest of the World. Because they were harder to facet at that time, the expert's opinion given at that far earlier time......was that Australia's Sapphires could not possibly be as valuable as the usual finely faceted blue Sapphire. Again the emphasis was to drive down the value of an Australian precious gemstone. This industry also proved to be wrong, just as the industry was wrong in the later era about the Argyle Diamonds with the rarity of the many shaded colors then available. So one learns again that experts can be wrong in their first estimation.....was it simply because Australian quality gemstones were "different?" Simply because they were outside of the usual spectrum of World available, another proven fallacy it seems, or not normal, in other words, a load of shit from the experts, how could they make a guess about Australia's originating variant color Diamond Specimens?
After we found a way to make diamonds I dont understand how these are still selling for so high...And furthermore it's not even that rare, its f***ing carbon. Gold can not be made by man and is my love.
@@youngsmollsmokeysmols488 you're saying fakes when they are not... they are Man Made, its not FAKE, its a real diamond just made in a lab... you can't make gold. but Diamonds being considered valuable no matter the source is stupid IMO. Lab made diamonds have gotten so close to natural that they need a $10,000 machine just to make sure it's natural. At that point it's all stupid and anyone buying Diamonds is stupid.
Australia where these are mined, when one has beholded an Argyle Diamonds, the rest look .....dull. Yellow Argyles are beautiful....yummy. The pinks standout........
I own a 5.35 carat pink diamond, it's rough, I still prefer it rather than cut diamonds as they are more interesting to look at and are a hell of a lot more cheaper.
Get one of the lab created gems. I know they have pinks for a lot less than natural and amazingly the quality is extremely high as well. Considering they are exactly the same as regular diamonds and really the only tell would be getting a nice sized diamond of exceptional quality at a reasonable price.
I’m gonna say this as a person who make jewelry. The nice the gem the more valued. So nice diamonds like red or blue can fetch a good amount of $. Same goes for the other gems like sapphire and rubies. The dark the blue or darker red are valued more. So don’t say shit about things you don’t know.
Yeah try selling them back to jeweller. You will get the real price. Diamonds are not rare, that's why no govt include them in their reserves. Gold is rare and forever.
I am a diamond trader and agree with a great deal of comments BUT diamonds and especially Argyle pinks, when one has them in their hand, they are beautiful. I had a couple million dollar of Argyle stones and sold them.
It is conservatively estimated that the public holds more than 500 million carats of gem diamonds, which is more than fifty times the number of gem diamonds produced by the diamond cartel in any given year. Since the quantity of diamonds needed for engagement rings and other jewelry each year is satisfied by the production from the world's mines, this half-billion-carat supply of diamonds must be prevented from ever being put on the market. The moment a significant portion of the public begins selling diamonds from this inventory, the price of diamonds cannot be sustained. For the diamond invention to survive, the public must be inhibited from ever parting with its diamonds.
millions for a shiny stone... its crazy how weird humans are. I mean, even if its rare, even if its pretty to look at, how many hours of joy can you get from one? At least gold has inherent value to it. But these...
Yes quite true they are other good precious gems like tanzanite in tanzania in africa and lots of green ganite stones in kenya .l come frm.kenya in east africa
I saw a program on TV over 20 years ago about diamond 💎 was documentary.do not know how reliable was ,According to them Russian are biggest owner of the most off the diamond in the world and if they relies all there diamond diamond will loos the value and Debir would go Brock the actually show the room for diamond in Russia there is a big use for diamond for space , I am not sure what .
It is incorrect to say that the cause of the pink colour is not known. “The colour is caused by a distortion in the diamond's crystal lattice, created by intense heat and great pressure from all directions (non-isotropic stress) after the stone's formation in the earth.”
I have a whole bunch of these... cut by Asher Diamonds in Thailand... not little things like deBeers pushes on people... we are going to change the World diamond market... because diamonds are really really beautiful and much larger and better from fault lines... rivers and creeks and dry washes follow fault lines... they are the low spots in the landscape... I have a brand new diamond deposit near Safford Arizona.... with diamonds and natural moissanite called carborundum... I have also found that a lot of the quartz crystals people think are magic are not quartz... but everyone knows that diamonds are little tiny things that deBeers sells for exorbitant prices... to young people just starting out in life together .. the get gouged at the jewelry store and go into debt to have the best one.. it doesn't help marriage by starting life together in debt for a fuggin rock... the value is strictly one way... the stone people pay thousands of dollars for won't get more than a hundred dollars at the pawnshop... the actual cash value is about a hundred bucks.... I have a bunch of argyle pink diamonds... they are much larger than the one and 2 carat stones from kimberlite pipes... the deeper they form the better they are... the color in diamonds is not impurities, it's the radioactive isotope of carbon C14 that emits beta particles... and the depth of formation... the deeper they form the closer together the carbon atoms are.... they are all the same size and fit together in close packed cubic/hexagonal arrangement... close packed cubic is the same thing as close packed hexagonal... they are 90° out of phase with each other... people see a large clear crystal and it doesn't look like anything from deBeers... and call it quartz.... I am guilty of this for the last 30 years, finding what I called fancy quartz along the Gila river here in Arizona... I finally tested them... it's not quartz... it's diamond... it is definitely not rare
Elliott Atwell Not my point remotely, diamond is an enigma not because we assign value to it and it is low in availability (even that is being questioned by the way with synthetic processes recently), but rather as it is a bad assignment of value. Even things that seem totally arbitrary to us have economic power vested in them for typically some logical reason- Paper as currency due to its availability and malleability, gold and silver as premiums of this due to their weight, longevity, and fraud proofed physical qualities. Diamond on the other hand, is mimicked by a variety of other materials ranging from cubic zirconium to plastic compounds (In both shine, hardness, and allure); hell, we didn’t even know how to distinguish actual diamond compounds from “fakes” till around 1850, which is when they started to of course gain so much value. It’s beauty unlike other “precious metals” is essentially not unique or rare to itself- rather it is pricey due to a series of elaborate marketing ploys in post colonial Africa. It’s not supply and demand for good looking jewels, rather supply and demand for arbitrary chemical properties that drives the diamond industry. So in a sense you are right, but not how you believed you were right. I perhaps should’ve been clearer in my initial response.
Jonathan Hopkins buy her a good simulated stone... she won’t know the difference & u will b in the good books without breaking the bank.... just don’t ever let her take it to a jeweller for cleaning etc. 😂
I would love to have one pink one yellow diamond ring 2 caret i love the archer cut and it will sit well on my finger, for now I dream of it but girl dream can come true.
I still don't see the thrill in diamonds--one can get just as pretty a stone in cubic zirconia, if not prettier. Now, couture-grade jewelry SETTINGS, I get. One pays for the skill, and the skill is AMAZING. I just don't get why 'rare' is worth more than 'pretty'.
Pink diamonds are trash. You heard her say it yourself, 30,000,000 carats mined in a year. Green diamonds also come out of Argyle's Ord River mine, but the head of sales likes pink, not green. The fact they are about 40 times rarer will one day determine their true value. Right now people are paying premiums for pinks that have already flooded the markets and the argyle greens, whites, greys and blues go largely untalked about and for a smart investor, criminally undervalued. 3 family members were color sorters for argyle from the mid 90's onwards.
How funny people talk like they don't like it or don't care ,how many have really seen one or understand the unique of each one how few even can afford to own it
Nature has produced miracles over and over. Its called life. And while we can appreciate the beauty of the gem, the craftsmanship of the cutters, what people begin to reject is what constitutes the "privileged few". All of the "value" in this diamond comes at the expense of trampling on the other miracles of nature. The one youve taken for granted with each breath.
Diamonds are as common as bat shit, they are hoarded by the ton in underground vaults. Commercial diamond supply is controlled by syndicates and cartels like the De Beers who monopolise the amount of diamonds on the market in order to set artificially inflated diamond prices. They employ clever marketing ( think of Harry Winston diamonds!) to perpetuate the illusion that diamonds are rare and special. It's the biggest con of the 20th Century. Try reselling one of your diamonds and see how much you actually get for it. High quality Opal is a true miracle of life and it is very rare to find these days.
@@bettybho2168 What you're saying is true for regular diamonds. Diamonds that are "colored" are extremely rare, and the price goes up every year. Do a little research before you spew your bullshit.
@tada king i'm sorry to hear that your view is so dim. but perhaps it's engineered to be that way so we are so easily controlled. regardless of your views on the origins of life, or mine, the odds of forming just the first piece of life, a simple 100 amino acid chain with all peptide bonds and all L-form amino acids is 1 in 10^60. and that is just the first piece. so even if it's all by chance it could indeed be considered a miracle since it is statistically, mind bogglingly unlikely. what we've done with it, like murdering millions to produce profit for a few from pretty little stones like this, is another debate. and your figure of 500k seems a tad light. and the figure of 8 billion is up for debate. and don't confuse my beliefs with religious nonsense. just an appreciation of everything that needed to happen to allow me to take my first breath, through to my last.
I own 10 of them in a single ring. They are a "pink cognac" color and about 15 points each, surrounding a 3-carat white diamond. I've been offered a lot of money for the ring but generally just laugh.
Of course this guy would say diamonds are the most beautiful thing. It’s what he sells and makes money on. If there was 0 worth to diamonds this guy would be working in McDonalds
What can you use diamonds for? The only thing I know of is for to cut something or to reflect light like in a prism. Other then that you cannot use a diamond for nothing it's just like a fake diamond personally!!!! But something like gold you can use for many of thing's and that's the true value of gold!!!! Gold is the most precious metal ever on earth!!!!
Nah, I have a pink sapphire I'm perfectly content witj, and it didn't cost a fortune. Diamonds are artificially price inflated and people are stupid enough to buy into the hype. Diamonds are just a form of quartz.
Donald Kasper it’s a silicate and not all quartz is pure. I said 90 because it super felsic in nature but there are varieties with impurities that alter the color.
If man placed importance of diamonds upon Helenite, I am not saying Helenite is or it isn’t important. Then placed the importance of marble upon the diamond subsequently a company like DeBeers stepping forward to advertise Helenite to say how much it is worth to others, well no matter the color of Diamond everyone would clamor for Helenite‼️
many gemstones in the world much more beautiful then pink and even red diamonds ,and some are many more times rare, these are so overpriced only a fool would buy them
the color is not true pink , other pink diamonds are real pink and much more beautiful,the color of these SUCKS , in color gemstones purity of color is everything, i would never buy one of these ,i just dont like them
i have a couple nice diamonds that i occasionally wear. i have a man's ring my dad won in a poker game, it has a 3.2 carat solitary stone setting in 18k gold, and a matched pair of women's platinum stud earrings that i inherited. the earrings are nice, each one is almost two carats. my grandmother left them to me to (hopefully) have reset into an engagement ring. i never married lol myself, i like blue sapphires and moonstones. and my birthstone, aquamarine. i prob wouldn't buy a diamond for myself. in a watch, maybe.
Diamonds are a joke. Nothing more than the modern day equivalent of the Dutch Tulip. The only difference is, the diamond merchants figure out how to keep their market from crashing.
Bryce Corbin by storing them and only giving out small amounts for the market
I am an Australian and pink diamonds are pretty and rare but I get the impression pricing of diamonds of all kinds is opaque.
I have a small pink diamond .17 ct and price has not gone up after six years.
Jewellery is mostly for pleasure not investment but does not turn to junk like many other consumer goods and can realise some value in a sale.
:O
Value for diamonds is all make believe. A game people play to create bubbles & boundaries.
If you have a diamond at 0.17 carats there's a very small chance it'll go up in price at all unfortunately
@@Gausdave213 what about a white diamond 0.25 carat VVS1 E colour excellent cut excellent polish excellent and no fluorescent
If the government doesn't want you to be rich
As a West Australian I love our diamonds
Can I have some 😊
I'm from Melbourne and I love them too. I've finally been able to afford a champagne argyle and have a Perth jeweller design a ring for it. 20 years I waited but it was worth it. (I'm not a 'pink' person but even the white ones from the Kimberley are special).
@@EliezaBaby Sure why not💎
@@tkps Sound like you got a nice rock! Enjoy...
@@NathanChisholm041 Thanks. I am thoroughly enjoying it.
The Arglye diamond mine is closing as they have run out and f diamonds. So no diamonds but what is left is a huge excavated hole and no way of returning it back to the way it was. Then massive unemployment in the area. These mining companies rape pillage and plunder every where they go! Absolutely shameful!!
These mines provide 50,000 people with good paying jobs. They dont rape the land, they provide wealth for everyone. The workers at this mine knew it was being shut down in 2020 so the company or they have plans. They wont necessarily be long term unemployed
@@justinroznik1997 Gosh 50000 people in these mines? Yes you could see all of them in this. The place was stuffed with people,you could see them. How could they work in these conditions? How could they have moved? Not to mention all the AUTOMOTIVE MACHINERY doing 99% of the work. More like 500 people at the max! It's not the 18 century anymore Justin! The Native People would disagree with you on one or more points. So would the other communities around the mine. There are ways to return the land back to some sense of order but its too expensive.
Most miners are fly in, fly out miners, leading to NO economic growth for the area. Most times it destroys a small town.
You must read a lot of Liberal press issues. Rhinehart Fan much.
@@damonturnbull5903 I didnt say 50,000 people work on one mine you dumb shit. Look up the Rio Tinto group wich owns this mine and countless others. Who do you think works and designs those "automated machines"? Its engineers, technitions and regular workers. If youd get off your ass bitching about ethics and how were "ruining the planet" you can actually begin to realize the value of these industries. Maybe get your eyes off of what the pc press is telling you and actually open your eyes to the real world
I actually hate people like you, all you do is complain but do nothing, get the fuck off your ass and do something about it if it's so shameful smh
@Marie Shines. Do you work at Argyle Diamond Mine? Because I do and that is far from the truth.
We are still continuing to find diamond's. If you want facts, the reason Argyle Diamond Mine is closing is because the Land is leased to us by the Traditional land owners. The Aboriginals, and our lease is nearing its end. Meaning we must now return the Land back to the T.O. please get your facts right!
"These are the diamonds that divorces are fought over..."
🤣😂🤣😂🤣
I'm Safe with that Problem!
🤣😂🤣😂🤣
Wars I'd say lol
They got hoodwinked. That's Pink Himalayan Salt. I have a 20 pound bag of it, lol.
Ha ha ha! I'll get hypertension!
Robin Wier 😂
Suckers.
When first discovered in the State of Western Australia, the first remarks about Argyle Pink Diamonds were that they were a stone outside the usual Diamond buyer spectrum Therefore, they could not be considered as being consistent with the conventional Diamond pricing regimen. (Despite its range of coloration.)
This being suggested by the Diamond experts of that former era, could not demand the premium prices of conventional color white Diamond. I suggest that this was a means to devalue Australia's Diamonds.
Once again, the experts were wrong, as these experts were merely guessing their expert opinion.
This same opinion was given about Australia's Sapphires some 100 odd years ago.
Australian Sapphires were found to be harder than the range of Sapphires from around the rest of the World.
Because they were harder to facet at that time, the expert's opinion given at that far earlier time......was that Australia's Sapphires could not possibly be as valuable as the usual finely faceted blue Sapphire. Again the emphasis was to drive down the value of an Australian precious gemstone.
This industry also proved to be wrong, just as the industry was wrong in the later era about the Argyle Diamonds with the rarity of the many shaded colors then available. So one learns again that experts can be wrong in their first estimation.....was it simply because Australian quality gemstones were "different?"
Simply because they were outside of the usual spectrum of World available, another proven fallacy it seems, or not normal, in other words, a load of shit from the experts, how could they make a guess about Australia's originating variant color Diamond Specimens?
After we found a way to make diamonds I dont understand how these are still selling for so high...And furthermore it's not even that rare, its f***ing carbon. Gold can not be made by man and is my love.
Because good quality diamonds are rare no one wants fakes
@@youngsmollsmokeysmols488 you're saying fakes when they are not... they are Man Made, its not FAKE, its a real diamond just made in a lab... you can't make gold. but Diamonds being considered valuable no matter the source is stupid IMO. Lab made diamonds have gotten so close to natural that they need a $10,000 machine just to make sure it's natural. At that point it's all stupid and anyone buying Diamonds is stupid.
Australia where these are mined, when one has beholded an Argyle Diamonds, the rest look .....dull. Yellow Argyles are beautiful....yummy. The pinks standout........
Thank you for the insight on red diamonds.
Aunt Sherry; Don't touch on it Honey Bunny!
I own a 5.35 carat pink diamond, it's rough, I still prefer it rather than cut diamonds as they are more interesting to look at and are a hell of a lot more cheaper.
October pink diamond; That's all I said. Big Frank.
Wow! My favorite color, my favorite gemstone. I’ll never see these in person. 🤯
Get one of the lab created gems. I know they have pinks for a lot less than natural and amazingly the quality is extremely high as well. Considering they are exactly the same as regular diamonds and really the only tell would be getting a nice sized diamond of exceptional quality at a reasonable price.
I’m gonna say this as a person who make jewelry. The nice the gem the more valued. So nice diamonds like red or blue can fetch a good amount of $. Same goes for the other gems like sapphire and rubies. The dark the blue or darker red are valued more. So don’t say shit about things you don’t know.
OOOO!!! FANTASTIC!! So beauty! My dream!! :) :) :)
Most beautiful of the most beautiful
Yeah try selling them back to jeweller. You will get the real price.
Diamonds are not rare, that's why no govt include them in their reserves.
Gold is rare and forever.
Producer micheal needs to add another red diamond earring to his stash.
Diamonds are not rare at all they have warehouses full with them they tell you they are rare because that's what keeps the value up
Teddi786 OG do you think it’s worth buying a $20,000 pink diamond for a investment?
@@viking3487 just put that money into a business
Teddi786 OG you do know that pink argyle diamond mine is closing now yes? You got no clue about investments
@@reginap.255 if you think they ain't got more then they tell you cary on son
@@freedomforthebrave lol ok... just look at 1 sotheby's auction and then let me know
If DeBeer's was into gold then we'd be in real trouble.
If they were into gold....then yes...
I am a diamond trader and agree with a great deal of comments BUT diamonds and especially Argyle pinks, when one has them in their hand, they are beautiful. I had a couple million dollar of Argyle stones and sold them.
Did you or any customer ever pay sales tax?
It is conservatively estimated that the public holds more than 500 million carats of gem diamonds, which is more than fifty times the number of gem diamonds produced by the diamond cartel in any given year. Since the quantity of diamonds needed for engagement rings and other jewelry each year is satisfied by the production from the world's mines, this half-billion-carat supply of diamonds must be prevented from ever being put on the market. The moment a significant portion of the public begins selling diamonds from this inventory, the price of diamonds cannot be sustained. For the diamond invention to survive, the public must be inhibited from ever parting with its diamonds.
WHAT AN OPERATION!!!
millions for a shiny stone... its crazy how weird humans are. I mean, even if its rare, even if its pretty to look at, how many hours of joy can you get from one? At least gold has inherent value to it. But these...
Ahh, such a sad story 😢 I cried at the end, really didn’t expect that ending🤭
Adrian M. Such a drop of pleasure and pain!
How ridiculous.
Diamonds are nice but personally there are better stones out there to be had 😊
Yes quite true they are other good precious gems like tanzanite in tanzania in africa and lots of green ganite stones in kenya .l come frm.kenya in east africa
I have that 12 pcs accidentally, my mom took from her Egyptian goons live in partner over decades ago. I kept it.
DELIGHTFUL VIDEO, CHEERS
I saw a program on TV over 20 years ago about diamond 💎 was documentary.do not know how reliable was ,According to them Russian are biggest owner of the most off the diamond in the world and if they relies all there diamond diamond will loos the value and Debir would go Brock the actually show the room for diamond in Russia there is a big use for diamond for space , I am not sure what .
there's so many other gemstones that are much more beautiful than diamonds. I think the collection of diamonds is foolishness
Right? Forget diamonds, give me alexandrite!!
We need to know where the diamonds are coming from thanks
It is incorrect to say that the cause of the pink colour is not known. “The colour is caused by a distortion in the diamond's crystal lattice, created by intense heat and great pressure from all directions (non-isotropic stress) after the stone's formation in the earth.”
Diamonds also form in fault lines.. kimberlite pipes are rare... diamonds are not
I have a whole bunch of these... cut by Asher Diamonds in Thailand... not little things like deBeers pushes on people... we are going to change the World diamond market... because diamonds are really really beautiful and much larger and better from fault lines... rivers and creeks and dry washes follow fault lines... they are the low spots in the landscape... I have a brand new diamond deposit near Safford Arizona.... with diamonds and natural moissanite called carborundum... I have also found that a lot of the quartz crystals people think are magic are not quartz... but everyone knows that diamonds are little tiny things that deBeers sells for exorbitant prices... to young people just starting out in life together .. the get gouged at the jewelry store and go into debt to have the best one.. it doesn't help marriage by starting life together in debt for a fuggin rock... the value is strictly one way... the stone people pay thousands of dollars for won't get more than a hundred dollars at the pawnshop... the actual cash value is about a hundred bucks.... I have a bunch of argyle pink diamonds... they are much larger than the one and 2 carat stones from kimberlite pipes... the deeper they form the better they are... the color in diamonds is not impurities, it's the radioactive isotope of carbon C14 that emits beta particles... and the depth of formation... the deeper they form the closer together the carbon atoms are.... they are all the same size and fit together in close packed cubic/hexagonal arrangement... close packed cubic is the same thing as close packed hexagonal... they are 90° out of phase with each other... people see a large clear crystal and it doesn't look like anything from deBeers... and call it quartz.... I am guilty of this for the last 30 years, finding what I called fancy quartz along the Gila river here in Arizona... I finally tested them... it's not quartz... it's diamond... it is definitely not rare
They missed the entire cutting proces! A lot could go wrong there. It’s an art on its own..
Sapphire lovers 😻
Argyle Diamonds are actually very common, they just keep the prices high by only selling so many on the market at a time, restricting supply...
They are talking about 7 Carat Pink Diamonds here claiming that 10 carats are "special", while competing in a Market with 14-17 carat Pink Diamonds...
nothing but marketing hype lol you keep them lol
James Anagnos That’s the entirety of the Diamond industry though- literal market hype that defies logic
@@thebossness1440 So the concept of supply and demand for extremely rare natural materials is logic you can't grasp?
Elliott Atwell Not my point remotely, diamond is an enigma not because we assign value to it and it is low in availability (even that is being questioned by the way with synthetic processes recently), but rather as it is a bad assignment of value.
Even things that seem totally arbitrary to us have economic power vested in them for typically some logical reason- Paper as currency due to its availability and malleability, gold and silver as premiums of this due to their weight, longevity, and fraud proofed physical qualities.
Diamond on the other hand, is mimicked by a variety of other materials ranging from cubic zirconium to plastic compounds (In both shine, hardness, and allure); hell, we didn’t even know how to distinguish actual diamond compounds from “fakes” till around 1850, which is when they started to of course gain so much value. It’s beauty unlike other “precious metals” is essentially not unique or rare to itself- rather it is pricey due to a series of elaborate marketing ploys in post colonial Africa.
It’s not supply and demand for good looking jewels, rather supply and demand for arbitrary chemical properties that drives the diamond industry. So in a sense you are right, but not how you believed you were right. I perhaps should’ve been clearer in my initial response.
I agree，and I said that to my girlfriend，she said ，so will you buy it for me or not-------
Jonathan Hopkins buy her a good simulated stone... she won’t know the difference & u will b in the good books without breaking the bank.... just don’t ever let her take it to a jeweller for cleaning etc. 😂
"They 💎 are the Devil's pet baits".
--- Sherlock Holmes
This guy probably couldn’t sleep all month
I bet Fire Agate is more precious than diamonds.
Wouldn't matter if they were or weren't, fire agates are so beautiful! Beautiful choice in stones 😊
I would love to have one pink one yellow diamond ring 2 caret i love the archer cut and it will sit well on my finger, for now I dream of it but girl dream can come true.
Just think if they put that much effort into world hunger.
Ken Huff one is generating revenue, the other is an expense. Now who or which country is going to fuel that expense?
👍👍 great information, good vid.
I still don't see the thrill in diamonds--one can get just as pretty a stone in cubic zirconia, if not prettier.
Now, couture-grade jewelry SETTINGS, I get. One pays for the skill, and the skill is AMAZING.
I just don't get why 'rare' is worth more than 'pretty'.
Muito show show
THERE IS A HUGE MARKUP ON JEWELLERY......ESPECIALLY
DIAMONDS.
RESALE OF YOUR LOVELY RING WOULD BE DISAPPOINTING.
I DONT KNOW ABOUT PINK ARGYLE.
Pink diamonds are trash. You heard her say it yourself, 30,000,000 carats mined in a year.
Green diamonds also come out of Argyle's Ord River mine, but the head of sales likes pink, not green.
The fact they are about 40 times rarer will one day determine their true value. Right now people are paying premiums for pinks that have already flooded the markets and the argyle greens, whites, greys and blues go largely untalked about and for a smart investor, criminally undervalued.
3 family members were color sorters for argyle from the mid 90's onwards.
How funny people talk like they don't like it or don't care ,how many have really seen one or understand the unique of each one how few even can afford to own it
What is wrong with you people... some of the comments I see.. if nature can produce miracle like those diamonds. It should be respected.
I agree
Nature has produced miracles over and over. Its called life. And while we can appreciate the beauty of the gem, the craftsmanship of the cutters, what people begin to reject is what constitutes the "privileged few". All of the "value" in this diamond comes at the expense of trampling on the other miracles of nature. The one youve taken for granted with each breath.
Diamonds are as common as bat shit, they are hoarded by the ton in underground vaults. Commercial diamond supply is controlled by syndicates and cartels like the De Beers who monopolise the amount of diamonds on the market in order to set artificially inflated diamond prices. They employ clever marketing ( think of Harry Winston diamonds!) to perpetuate the illusion that diamonds are rare and special. It's the biggest con of the 20th Century. Try reselling one of your diamonds and see how much you actually get for it.
High quality Opal is a true miracle of life and it is very rare to find these days.
@@bettybho2168 What you're saying is true for regular diamonds. Diamonds that are "colored" are extremely rare, and the price goes up every year. Do a little research before you spew your bullshit.
@tada king i'm sorry to hear that your view is so dim. but perhaps it's engineered to be that way so we are so easily controlled. regardless of your views on the origins of life, or mine, the odds of forming just the first piece of life, a simple 100 amino acid chain with all peptide bonds and all L-form amino acids is 1 in 10^60. and that is just the first piece. so even if it's all by chance it could indeed be considered a miracle since it is statistically, mind bogglingly unlikely. what we've done with it, like murdering millions to produce profit for a few from pretty little stones like this, is another debate. and your figure of 500k seems a tad light. and the figure of 8 billion is up for debate. and don't confuse my beliefs with religious nonsense. just an appreciation of everything that needed to happen to allow me to take my first breath, through to my last.
I own 10 of them in a single ring. They are a "pink cognac" color and about 15 points each, surrounding a 3-carat white diamond. I've been offered a lot of money for the ring but generally just laugh.
@Valdis4418 What is your jewelry experience? Pink diamonds aren't unicorns -- they're just more valuable than other colors.
We have a PINK DIAMOND bracelet with 418 cwt... Guess what it's worth?
Prince MICHAEL GIOVANNI...
my diamond! your diamond! pink diamond!
It seems like they have the same color as the cranberry glass. Which is ionized gold. Maybe it is the same.
The pink is caused by unique imperfections of the Graphene Latice inside each Diamond.
I can bet it's 10× the money for what he wanted to pay for back then
Money to buy them?!
သင်၏စိန်ရတနာများရောင်ကောင်ပါစေ
Of course this guy would say diamonds are the most beautiful thing. It’s what he sells and makes money on. If there was 0 worth to diamonds this guy would be working in McDonalds
Kunzite stone is at beatiful in color like pink diamond and you dont to pay hight prices.
False.
Africa and Russia also have pinks, much bigger ones at that.
Don't forget about South America. Try to find me a pink from these other locations that are colored like the Argyles
What can you use diamonds for? The only thing I know of is for to cut something or to reflect light like in a prism. Other then that you cannot use a diamond for nothing it's just like a fake diamond personally!!!! But something like gold you can use for many of thing's and that's the true value of gold!!!! Gold is the most precious metal ever on earth!!!!
Aluminium impurities give the color.
Good❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
我覺得外国人对鑽石都是十分有研究的。
Ung ho kenh cua Ban !
Wow
Pink Stone is in Sierra Leone
+212668461181 Whatsapp
6:15
... you can eat it... but it tastes like shit... Strooth! is that my old sheila doin the chat?
The best part of diamond business is money laundering
Their just rocks
Mantap bos 👑🎓😈😂😄diamond
Only rich Arabs can afford pink diamonds
Diamonds are over priced
Nah, I have a pink sapphire I'm perfectly content witj, and it didn't cost a fortune. Diamonds are artificially price inflated and people are stupid enough to buy into the hype. Diamonds are just a form of quartz.
Diamond is naturally a carbon not a quartz
Em Dee quartz is more than 90% silicone . Diamonds are literally pure carbon. You dipshit
Donald Kasper it’s a silicate and not all quartz is pure. I said 90 because it super felsic in nature but there are varieties with impurities that alter the color.
Quartz is actually made up of silicium oxide, and diamonds are made up of carbon.
@@josuejasso7589 lol, looks like you may be a dipshit, by your own standard of definition.
Blood. Blood makes them pink
Hello Folks anyone konw - How much per ct Australian rough pink Diamond - please Let me konw - it is big Thanks 🙏🏻
#STAR tag Wednesday
If you believe this I'll show you the Brooklyn Bridge at the end of day it's glass cut glass
Theu she said 2 days or 2 hours?
Somebody paid $1000000 for a piece of cut glass well God bless him they're dumb as hell
he wanted the whole lot of at least one carat pinks and reb biamond for maximum half million usd???ofcourse he would be outbit
+romfeastore
yeah but also this looks like its from the 90s so prices may be a lot different back then
He's buying at wholesale. He still needs to make a profit.
I think that might have meant per carat, or per diamond. It would be stupid to offer that little for 5 diamonds.
Emeralds are better.
No better color than green
Part of the problem....money vesus humanity, sad......
you champagne socialists are so boring and contrived....
If man placed importance of diamonds upon Helenite, I am not saying Helenite is or it isn’t important. Then placed the importance of marble upon the diamond subsequently a company like DeBeers stepping forward to advertise Helenite to say how much it is worth to others, well no matter the color of Diamond everyone would clamor for Helenite‼️
i need the buyer
bid is kept strictly confidental... shows like 4 1/2 mill on calculator
450,000
thats because he didn't win and was part of documentary for exposure.
hello
many gemstones in the world much more beautiful then pink and even red diamonds ,and some are many more times rare, these are so overpriced only a fool would buy them
It's not natures art after you cut them into these stupid generic shapes, I would pick a $30 rough crystal vs one of these
Owen Prescott and thats why you’re broke
သင်တိုရဲစိန်ရတနာများကြည်ရသူအပေါင်အမြဲလှပတောက်ပနေသောကြောင်မညီငွှေကြပါ
FOR FOOLS ONLY lol
စိန်များလှပနေသောသင်၏တောပဝင်လက်သန်ရှင်လှပနေသောပန်းရောင်စိန်များ
the color is not true pink , other pink diamonds are real pink and much more beautiful,the color of these SUCKS , in color gemstones purity of color is everything, i would never buy one of these ,i just dont like them
Junk from the ground.
Brasil corrupção
worthless stones
Spending millions on shiny rocks. Greatest scam ever!
I bid $35.00
Have your people get in touch with my people
$37.50
what's that $35.00 ??
@@indrazablebidding on the Pink diamond :-)
$40 and a hand job
1paper clip that may or may not have seen the inside of a blister
i have a couple nice diamonds that i occasionally wear. i have a man's ring my dad won in a poker game, it has a 3.2 carat solitary stone setting in 18k gold, and a matched pair of women's platinum stud earrings that i inherited. the earrings are nice, each one is almost two carats. my grandmother left them to me to (hopefully) have reset into an engagement ring. i never married lol
myself, i like blue sapphires and moonstones. and my birthstone, aquamarine. i prob wouldn't buy a diamond for myself. in a watch, maybe.
Great you have
Me a specialist in pink diamonds
www.usidiamonds.in
Natural fancy
9:13 ....Wonder if they are looking for a janitor for that room specifically....
If there found in the earth they belong to the ppl diamonds aren't rare they just hold the amount that they sell so price goes up
Diamonds are compressed carbon, not an investment, try selling one back to a jeweller lol!
HAHA wtf is this comment....try selling a car back to the shop
@@habalula15 His point is when you sell jewelry they care about the gems just the gold.
You don't go back to the shop, you go to an auction house!! And if course you must have a good size diamond, not 0. something carat dust.
Diamonds are expensive only because of artificial scarcity.
@@habalula15 you must be a special kind of stupid to do this