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Pink Diamonds used to be most often found in the Argyle diamond mine in Western Australia (now closed after 37 years of operations). Other areas that have been known to produce them include India, South Africa, Brazil, Russia and Canada.

They are one of the rarest colored diamonds that exist – rarer than every type of coloured diamond, apart from red diamonds. Their rarity means they are exceedingly valuable. A high-quality pink diamond over half carat size with an intense shade can cost up to $700,000 per carat.