Pink Diamonds

They’re one of the world’s rarest jewels – but nobody knows for certain why pink diamonds are pink. That hasn’t stopped investors from snapping them up at auction and sending prices skyrocketing. In October a new world record was set at a Sotheby Last week, the Argyle pink tender rolled into town. Which once again brings up the “I” word—investment. On paper, pink diamonds certainly seem like—and are sometimes touted as—a great investment. For one, they are extremely rare. Speaking at a A 16.08-carat pink diamond, currently set in a ring, may soon become one of the10 most expensive precious rocks ever sold at auction, after it goes under Christie's hammer in Geneva on Nov. 10. The stone is a fancy vivid pink — meaning it's the purest fo NEW YORK (TheStreet) -- Rare pink diamonds went on display in New York this week ahead of one of the most exclusive diamond sales in the world. The pink diamonds come from the Argyle diamond mine in Western Australia, which is owned and operated by Rio I am the editor of ForbesLife (né Forbes FYI), a luxury lifestyle publication covering It will also eclipse another colored diamond for sale at Christie’s the day before a 16.08-carat fancy vivid pink diamond that is expected to bring in a mere The London-based Christie’s auction house announced on Tuesday that a rare 25-carat pink diamond has been discovered in a lavish jewelry collection once owned by the former Philippine First Lady Imelda Marcos. According to the auction house, only three .
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