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Pink Diamond Buying Guide: Shapes, Shades, Rarity and Price

Bottom Line Recommendation:

It’s essential that you buy a pink diamond from a vendor with high-quality photos like James Allen. Color can vary greatly even within a specific GIA color grade. In our experience, Leibish & Co. has the best prices and overall customer experience in the Fancy Color Diamond market. Additionally, Leibish & Co. has the highest level of expertise in bringing out the maximum color of the stone when set in jewelry. 


What makes a Pink Diamond Pink?

Gemologists aren’t entirely certain how the pink diamond obtains its color. Unlike other stones in the Fancy Color Diamond family, pink diamonds don’t contain impurities that they derive their color from.

Various theories have been presented regarding the origin of the diamond’s unique hue. Some suspect that the enormous pressure undergone by pink diamonds during formation is a likely cause, though others believe it could be related to a seismic shock that impacted the stone’s molecular structure.

Though the exact cause of the pink diamond’s color remains unknown, it offers the world a beautiful stone for engagement rings, bracelets and earrings.

Pink Diamond Intensity Levels

The shade of a pink diamond is graded according to its intensity and strength of color. In addition to its main hue, pink diamonds can have a secondary color or overtone, such as purple, brown or orange.

The GIA grades pink diamonds on the following scale:

  • Faint
  • Very Light
  • Light
  • Fancy Light
  • Fancy
  • Fancy Intense
  • Fancy Vivid, Fancy Deep or Fancy Dark

Evaluating the intensity of a pink diamond is quite difficult, as each Fancy color grade isn’t simply a point along a line: each grade is a range in itself. We suggest contacting a diamond expert to ensure you’re getting the right value for the price.

You may also encounter pink diamonds being referred to on a point scale from 1-9. For example, a vendor may rank a pink diamond a “7” based on its color and saturation. This is the Argyle color grading system. The GIA grades are usually standard, though.

fancy intense vivid pink diamond comparison

As with most Fancy Color Diamonds, the richer and more saturated the color, the more expensive the diamond.

Pink Diamond Price

Though pink diamonds can be found around the world, the largest cache is located in the Argyle mine in Western Australia. The beautiful gemstone is still very rare, with only a few produced each year. Due to marketing efforts to sell pink diamonds, and Ben Affleck’s proposal to Jennifer Lopez with a pink gemstone in 2002, prices have risen significantly. With the exception of red diamonds, high-quality pinks are the most expensive natural diamond color in the market today.

Pink diamonds skyrocket in value and price as their size and color intensity grows. Having a clear budget in mind prior to looking at diamonds and jewelry will help narrow your search. In addition, you’ll want to decide what kind of color intensity you desire. The color of a pink diamond along with carat weight have the greatest impact on the price.

As an example, this 0.60 Carat Flawless Fancy Light Orange-y Pink Oval Cut costs $10,900, while a 0.68 Carat SI2 Clarity Fancy Purple Pink Oval Cut costs $51,100! As you can see, making the jump from Fancy Light Pink to Fancy Pink multiplies the stone’s cost dramatically.

The jump to Fancy Intense Pink from Fancy Pink is generally less severe. Here you can compare a 0.35 Carat Fancy Purple Pink Round SI2 Clarity stone for $14,100 to a 0.33 Carat Fancy Intense Purplish Pink Round I1 Clarity stone for $18,250. Likewise, here’s a 0.40 Carat Fancy Purplish Pink Emerald Shape SI1 Clarity stone for $16,100 vs. this 0.39 Carat Fancy Intense Purplish Pink Radiant for $23,500. These aren’t exact comparisons, but considering the extreme rarity of these stones, it’s often impossible to find perfect matches.

The jump between Fancy Intense Pink and Fancy Vivid Pink creates a similarly large price gap. This 0.59 Carat Fancy Intense Purplish Pink Round Diamond costs $59,100, while this 0.62 Carat Fancy Vivid Purplish Pink Round Diamond is priced at $260,500. In most cases, the price leap from Intense to Vivid grades is severe.

The secondary or modifying tone of the diamond can also impact pricing. If a pink diamond carries a purplish modifier, the diamond would probably be priced slightly less than a pink stone without a color modifier.

Pink Diamond Engagement Ring Settings

Due to their eye-catching hue, pink diamonds make for stunning rings. Below are three styles of pink diamond engagement rings to consider.

Style 1: Three-stone setting

Pairing your pink diamond with side stones is an excellent way to boost the size and sparkle of your ring, especially if your colored diamond is less than 0.50 Carat.

Three-stone setting example: A Fancy Intense Orange-y Pink Pear Diamond Ring

Style 2: Halo setting

Enhance the color and size appearance of your pink diamond with a halo setting made of small round brilliants.

Halo setting example: Oval Light Brown Pink Diamond Halo Ring

Style 3: Double halo setting

Adding a second layer of small stones to your ring can highlight your pink diamond even more.

Double halo setting example: Cushion Cut Halo Engagement Ring in 14K white gold

Popular Jewelry Settings for Pink Diamond

In addition to engagement rings, pink diamonds make for beautiful and unique necklaces, earrings and bracelets.

Pink Diamond earrings inspiration: Fancy Pink & White Diamond Pave Flower Earrings

Pink Diamond necklace inspiration: Fancy Brownish Pink Round Diamond Drop Pendant

Pink Diamond bracelet inspiration: Couture Pink and Canary Yellow Diamond Bangle

For assistance in reviewing pink diamonds or selecting jewelry, contact one of our diamond experts today.

About the author
Michael Fried
Mike learned the diamond business from the ground-up at Leo Schachter Diamonds - one of the world's top diamond manufacturers. He has been recognized as a diamond industry expert by Time, PeopleMoney, The Daily Mirror, NerdWallet, The Times Herald, Yahoo Finance Australia, The Art of Charm, The Washington Diplomat, The Next Web, and more.
Top Recommended Vendors
Leibish & Co Leibish & CoLeibish & Co is the industry leader in the world of Fancy Color Diamonds. Their inventory size and prices are the best in the business, and their expertise in this highly specialized field will ensure that your diamond is set in a way to maximize its color.
What we love about them:
  • Largest and best inventory of fancy color diamonds
  • Best prices for fancy color diamonds
  • Industry leading expertise will ensure the color of your diamond is maximized in its setting
  • Leading bidders in the annual Argyle auction
  • Highest quality jewelry available online
  • Free shipping
  • Free resizing within first 2 years of purchase
  • Items comes with professional appraisal for insurance
  • 30 day no questions asked free return policy
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