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Pink Diamond Ring Guide

by Haley Anhut
Posted March 25, 2021

Last updated on October 15, 2021

pink diamond

Taking your relationship to the next level can be an intimidating thought, but the idea of getting ripped off when you buy the perfect engagement ring is even scarier. Choosing a diamond is about setting the tone for a relationship and giving a visual to the emotions you harbor deep inside. Create a new narrative for your relationship by purchasing a pink diamond ring for your special someone.

Diamonds are a universal symbol of purity and perfection and are regarded as the stone of commitment and promise between two individuals. Choosing a pink diamond ring will express how unique and beautiful your relationship is. 

Are Pink Diamond Engagement Rings an Option?

Absolutely! Pink diamonds are popular, but due to the rarity of natural pink diamonds, they can be hard to find. Engagement rings set with pink diamonds are rare for this reason, but the interest in them over centuries has not faded.

A pink diamond ring can be an incredibly romantic gift and is a favorite of royalty and celebrities. Many choose to set their rare diamond in rose gold to flush the lovely gem’s color further.

With lab-grown options growing, you can now find the perfect pink diamond for your pink diamond engagement ring without prolonging your engagement or breaking the bank. By going lab-grown, you will have the best prices and the most choice between pink diamonds.

When looking at fancy pink diamonds for your engagement ring, try to narrow down whether you want a pink diamond center stone, a pink diamond halo, or side set pink diamonds in your diamond ring so that you can narrow down your options.

Where to Find Fancy Pink Diamonds

Though you have many options when searching for the perfect diamond, your search should always start with a reputable vendor. Online vendors should have high-quality photos, clearly identified grades, and the option to purchase ethically sourced stones without the added pressure you might receive in-store. Don’t get caught up in the rush of emotions and forge ahead with the lowest price tag. Beautiful, pure diamonds should always be your goal.

How to Pick the Perfect Pink Diamond Ring

Relatively obvious, given the name, a pink diamond is a diamond colored with a pink hue. Chemical impurities cause other diamond colors in the stone’s composition, but this isn’t the case with a pink stone.

Gemologists haven’t been able to crack the code of pink coloring, though it is known for sure that impurities aren’t to blame. Some theories attribute massive amounts of pressure during formations or exposure to seismic shocks that altered the original molecular structure. Whatever the cause, pink diamonds are the rarest of colored diamonds, except for red diamonds.

Where Do Pink Diamonds Come From?

You will often found these rare-colored diamonds in the Western Australia Argyle diamond mine, but this mine has since closed. When they were the only source of these gorgeous stones, fancy pink diamonds were nicknamed argyle pink diamonds!

Pink stones have come from mines in Canada, South Africa, India, and Russia. However, pink diamonds can also be created in a lab. Doing so makes stones sourced with an environmentally conscious approach, treating these pink diamonds as unique treasures.

Clean Origin supplied Riverdale actress Camila Mendes with a record-setting 5.01-carat radiant-cut lab-grown pink diamond ring for the 2018 People’s Choice Awards.

Intensity Levels

Diamonds have different rating scales, and pink diamonds are graded according to the strength and intensity of color. While there is predominantly the primary hue of pink, these diamonds could have secondary overtones in orange, brown, or purple. The scale determined by the Gemological Institute of America grades pink diamonds as follows:

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

These grades function as a range, so each grade level isn’t an exact coloring. A pink diamond’s color can be tough to nail down across this scale without an expert, and may even be disputed, as is the case with many fancy colored diamonds. 

Talk to an Expert Before Buying a Pink Diamond Ring

Fancy-colored diamond experts understand these scales, and you would do well to leave the judge of grades and value to these experts. You may also encounter a rating scale that moves from one to nine. This scale would be a grading scale according to the Argyle color system–where numbers are assigned based on saturation and color.

The more saturated and richer the coloring, the more the diamond is worth. This is why purchasing from a reputable dealer makes the difference. You want assurances that you are getting the most value for the price point. 

Pink Diamond Cost & Price Points

You can’t put a price tag on love or the lifetime of pleasure the right diamond ring, necklace, or another piece of jewelry will bring to your special someone. However, sometimes your bank account limits how much diamond you can afford to buy.

High-quality red and pink mined diamonds are the most expensive natural-colored diamonds that money can buy. The rating and size of your pink diamond ring determine the costs. For example, the Graff Pink diamond, a 24.78-carat pink diamond rated as “fancy intense,” was auctioned for $46.2 million. At the time, it was called one of the most extraordinary diamonds ever.

You may not be able to afford a million-dollar pink diamond ring, but you don’t have to abandon your ideas of giving your true love a brilliant pink stone. Lab-created fancy diamonds are an excellent affordable option if you want to impress the love of your life. You get the same brilliance, clarity, and beauty without all the undesirables of diamond sourcing.

Size

Carats are the weight measurement of diamonds. Carat is not the same as the term karat, as this is a gold standard of purity. 

Carats are reserved for gemstones and refer to the actual weight of the stone. One carat is equivalent to about .02 grams and equals about an office paperclip. 

Carats are ranked on a scale of 100 points. For example, a 50-point gemstone would be equal to .50 carats. If you are not comfortable with the increased price tag, you can opt for small pink diamonds as a halo (or even a double halo) around your white diamond.

Always make sure you’ve considered some lab-produced pink diamonds when searching for an affordable alternative.

Color

The secondary colors of a pink diamond can impact the price of the stone. The more pure the tone, the more expensive it will be. 

The secondary colors of pink diamonds can be orange, brown, or purple, resulting in some fabulous color combinations. The secondary color can make as stone more favorable. Because of this, the value of an orangy pink diamond or a purplish-pink diamond increases. Many individuals prefer the unique look of modifying tones like purple or brown, and in addition to the visual difference, the variety in clarity results in a lower-priced stone.

Know-How To Choose a Setting

The brilliant hue of pink diamonds creates stunning engagement rings. Your personal preference for a pink diamond engagement ring setting style comes into play when deciding which way to showcase the magnificent stone. Still, there are some tips to enhance the eye-catching qualities of fancy diamonds:

Three-stone setting

Flanking your pink diamond with side stones enhances the size and sparkle of the center stone. Three stone is an ideal setting for diamonds that are less than .50 carat.

Halo setting

In this setting, your pink diamond’s size and color are enhanced with a circle of smaller stones or brilliants that can either share the same cut as the center stone or have a varied shape.

Double halo setting

To really make the center pink diamond appear more significant, a double halo setting is a tiered or double layer of accent stones around the center stone.

Classic Solitaire Setting

For a large carat pink diamond, you can highlight the gorgeous color in a stand-alone solitaire setting.

Pink Diamond Engagement Ring Setting Metals

Unlike other fancy colored diamonds, a pink diamond has a perfect metal pairing for its setting, rose gold. Rose gold is a beautiful alloy that combines all the strength and durability of yellow or white gold with the flushed hue of a pink diamond. 

When selecting the material for your pink diamond ring, we recommend that you consider rose gold, as it can infuse a fancy light pink diamond with more color and bring out the fire in a fancy intense pink diamond. Of course, rose gold is not your only option.

Depending on how you want your fancy color diamond to look, you will likely choose different setting metals. Cool-toned metals can enhance blue diamonds but take a lot of the pink out of a fancy light pink diamond. On the other hand, a yellow gold setting can make a fancy orangy pink diamond much more orange-toned! How you want your color intensity to appear is absolutely up to you. No matter what your fancy color, the diamond will be a beauty.