Pink and red-hued diamonds are the most sought-after gemstones in the world. Their exclusivity makes getting a jewelry-equity loan on your pink diamond easy. If you need cash quickly, turn your pink diamond asset into collateral by getting a loan at Diamond Banc.
How big of a loan on your pink diamond can you get?
Out of the 20 million carats of diamonds mined each year, only 0.1 percent are pink. This rarity means the value of pink diamonds is very high, so your loan value would be high as well.
Pink diamonds are always in demand and even increase in value over time. They can have different hues and intensities, which is another factor that influences their value.
Pink diamonds have become more popular over the last 20 years, making their price skyrocket. Several very expensive pink diamonds have sold at auctions in recent years.
The most expensive gemstone ever sold at an auction was a pink diamond. In 2017, the famous Pink Star diamond sold for $71 million. The Pink Star is an oval-shaped 59.6 carat diamond.
What makes a diamond pink?
The science behind pink diamonds is very mysterious. The hue of most fancy-colored diamonds can be explained easily. Yellow diamonds contain traces of nitrogen and blue diamonds contain the element boron.
But there are no impurities in pink diamonds, so scientists have been struggling to understand why they’re pink. Scientists have speculated that the color is the result of a molecular difference within pink diamonds.
How to get a jewelry equity loan
Getting a jewelry equity loan at Diamond Banc is easy. Start by filling out our online form describing your object, or bring it into one of our national locations today.
You’ll get a quote based on your item. If you agree to the quote, ship your piece to Diamond Banc using our pre-paid, fully-insured shipping label, or bring it into one of our stores. Then, you’ll receive cash from your loan within 24 hours of sending in your item.
Our locations:
- Boca Raton, FL
- Columbia, MO
- Kansas City, MO
- Miami, FL
- Nashville, TN
- Orlando, FL
- Palm Beach, FL
- Roswell, GA
- Tampa, FL
Related Posts
