Pink diamonds: fashion, supply, and prices. Why are they breaking records?
Pink diamonds are making a splash again. Not only because they look great on the hand, but because they combine three things the market desires simultaneously: rarity, history, and a status symbol. The closure of Australia's Argyle mine limited the supply of stones with exceptional pink saturation, and pop culture has played its part – the result is that auction results are impressive even for those who normally look at records without batting an eye.
Where does the pink diamond boom come from?
The market loves rarity, and in pink diamonds, rarity is the starting point. After Argyle, the number of truly attractive pieces has dwindled, so any good auction item attracts attention and money. The second pillar is fashion: red carpets, brand campaigns, and social media have made pink more than just a "bold choice"—it's a signal of conscious, contemporary elegance.
Color takes precedence
The color description in a certificate is more than just a label. In practice, the difference between Fancy, Fancy Intense, and Fancy Vivid can elevate an item to a completely different price range. Both the saturation and the uniformity of the color are important, as is how the stone reads in real light. Fluorescence can be helpful or problematic, depending on the specific case. One thing is certain: the more vibrant, pure, and even the pink, the higher the interest and the higher the valuation.
Cut and weight – how do they affect the price?
The cut of pink diamonds isn't just about geometry—it's about bringing out the color. More often than with white gems, we encounter cuts that emphasize saturation: radiant, cushion, and sometimes oval. The weight works as usual: cuts of 1ct, 2ct, 3ct, etc., change the perception of the object, and with it, price expectations. Clarity? Important, but with beautiful color and mature saturation, it falls half a step down the list of priorities.
Binding and brand – signature bonus
The same stone in a no-name setting and in a distinctive setting bearing the signature of a leading brand are two different worlds. Style, recognition, and provenance can add a real "bonus" to the result. A well-designed setting can also enhance the perception of color: rose gold will warm the hue, yellow gold will add brilliance, and platinum and white gold will emphasize the contrast.
What the latest results say
We're currently monitoring two striking examples of pink diamond rings, sold at different auctions, in different countries, and with varying specifications. They differ in color, cut, and weight, which translates into different price expectations. The common denominator? High demand and evidence that the category is holding its own. Details below and in two separate analyses.
A comparison of two current headliners
| Model | Color | Mass | Cut / setting | Mark | Auction house, country | Estimation | Price |
|---|---|---|---|---|---|---|---|
| Bulgari "Trombino" (sold) | Fancy Intense Pink, VS2, Type IIa | 3.18 ct | rectangular with cut corners; platinum + 64 dia. ~1.93 ct | Bulgaria | Aste Bolaffi, Turin (Italy) | €800,000–€1,200,000 | €2,300,000 (~$2.6 million) |
| Purplish Pink (before auction) | Fancy Vivid Purplish Pink | 6.95 ct | ring, flanks made of triangular diamonds | — | Phillips, Geneva (Switzerland) | ~9 million USD | — (auction November 10, 2025) |
How to shop wisely
A certificate (preferably GIA) is essential, but it doesn't replace a face-to-face inspection. It's worth examining the stone in various lighting conditions, and choosing a setting that doesn't dull the color. When considering a pink diamond engagement ring, consider daily wear: the band's profile, the crown height, and the setting of the stones – these are the details that determine whether the "wow factor" will last for years.
