Parallels are often made with Argyle pink diamonds and fine art – not only because each polished stone is in itself a work of art, but due to the allure and perpetual value associated with both. Historically fine art and Argyle pink diamonds have sustained their worth and each maintained their status as a definitive collectible, regardless of market condition.

PINK DIAMONDS HAVE TRACKED ART PRICES GENERALLY WITH LOWER VOLATILITY

art-pricesAfter the financial crisis of Q4 2008, art prices experienced a 30% price fall as investor liquidity dried up and appetite for the asset diminished. While pink diamond prices followed suite 2010, prices only fell by 16% reflecting the lower volatility of this collectible product.

Source: AMR Art Top 100 index (©Art Market Research Consultants; Argyle Pink Diamonds)

In 2005, Rio Tinto committed $1Billion dollars to expanding their Argyle diamond mine, shifting to underground mining. This will extend the mine for at least a decade or until 2020.