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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: james flannigan who wrote (7573)1/1/2014 2:45:31 PM
From: james flannigan  Respond to of 16213
 
So if the worlds leading source gets 1 yellow diamond in 10,000,then PGDs 600ct sample holds 78 yellow diamonds @ 13% of the population.

Does any one here see what PGD has?
Nothing stands up to these early results.
Not even the famed coloured mines around the world can boast results like these.

Argyle gets 1 ct of Pink diamond for every 1 million diamonds mined.PGD is sitting on one of the worlds greatest source of coloured diamonds unless we have all become colour blind of forgot simple grade school math.I also think those 5 isolated diamonds may...that is may be PINKS

James



To: james flannigan who wrote (7573)1/1/2014 3:55:50 PM
From: WillP  Read Replies (1) | Respond to of 16213
 
Only one in 10,000 of all diamonds are yellow, and less than 1 per cent of these radiate the inner fire that makes them "fancy" - their rarity commanding prices two or three times that of a white diamond.

James, I just cannot find support in the rough diamond data for the claim that a yellow fancy commands triple the price of a D-flawless gem. But even if it were the case, the mathematics does not support your enthusiasm:

Assume 10 per cent of commercial diamonds are yellow, and 0.5 per cent of those "radiate the inner fire that make them fancy." Well that works out to 0.05 per cent of all the diamonds having triple the value.

Try some numbers. For a white population averaging $200 per carat, let's say that the top 0.5 per cent are worth an average of $5,000 per carat. If so, then the other 99.5 per cent are worth $175 per carat.

Now, make 10 per cent of the diamonds yellow, with the top 0.5 per cent worth $15,000 per carat. The average value of the entire parcel rises to only $205 per carat.

Significantly improving the size distribution curve would add much more to the average value.

Will



To: james flannigan who wrote (7573)1/1/2014 5:14:02 PM
From: Rocket Red  Respond to of 16213
 
Yellows are still Very Good James it will add to carat values even if we don't get huge price for fancy yellow



To: james flannigan who wrote (7573)1/1/2014 6:36:45 PM
From: Rocket Red  Read Replies (1) | Respond to of 16213
 
My guess's for those 5 diamonds

Brownish Orangy Pink or Brownish Pink



To: james flannigan who wrote (7573)1/1/2014 7:07:46 PM
From: WillP  Read Replies (5) | Respond to of 16213
 
Gentlemen:

Here is another site corroborating my belief that fancy yellows are not as valuable as great whites:

langerman-diamonds.com

More stuff about colour than you likely care to know. Note the last section at the bottom in particular:
langerman-diamonds.com

Several famous yellows are listed here:
langerman-diamonds.com

It seems their prices, for gems weighing over 100 carats peak around $30,000 per carat. (See the Allnatt and the Mouna.) The Incomparable, a 407-carat behemoth, was listed for auction twice with a $20-million reserve, about $50,000 per carat, but failed to sell each time.) The Porges, a 75-carater, sold in 2004 for about $10,000 per carat, or about $20,000 per carat today.

It takes no effort to find whites selling for much more. Lucara sold a 135 carater for $6.37-million this year, nearly $50,000 per carat. In fact, it sold a total of 30 diamonds for an average of $30,000 per carat. That's just one company, one mine and less than one year.

Oh -- and those white prices are for rough. The yellow prices above are for polished stones!