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Record Red Diamond Leads Argyle Tender
Jul 27, 2017 7:34 AM
By Rapaport News
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RAPAPORT... Rio Tinto unveiled the largest red diamond in the history of
its Argyle tender at a preview in New York, the company said Thursday.
The radiant-cut, 2.11-carat, fancy-red, VS2-clarity polished
diamond is the centerpiece of this year’s sale. Dubbed the Argyle Everglow, it
belongs to a rare category: Rio Tinto has sold less than 20 carats of fancy-red
certified diamonds in 33 years of the annual tender.
“The Argyle Everglow represents rarity within rarity, and
will drive global demand from collectors and connoisseurs in search of the
incomparable,” said Josephine Johnson, manager of Argyle Pink Diamonds. 
Rio Tinto’s Argyle Pink Diamonds Tender showcases polished
colored stones from its iconic mine in Western Australia. The company has named
this year’s edition “Custodians of Rare Beauty,” with the tender featuring 58
diamonds weighing a combined 49.39 carats. These include four fancy-red diamonds,
four purplish-red diamonds, two violet stones and one blue diamond.
Rio Tinto has identified five “hero” diamonds within the collection that possess unique beauty, it said. In addition to the Everglow, these include a radiant,
1.14-carat, fancy-red diamond; a cushion-shaped, 2.42-carat, fancy purple-pink
diamond; an oval, 1.50-carat, fancy deep-pink diamond; and a radiant,
0.91-carat, fancy deep gray-violet stone.
The diamonds from this year’s tender will be on display in
New York, Hong Kong and Perth, Australia, with bids closing on October 11. Last
year’s tender — led by a rare violet diamond — fetched a record average selling
price. |
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Tags:
Argyle, Argyle Everglow, Argyle Pink Diamonds, Argyle Pink Diamonds Tender, Argyle tender, Australia, Custodians of Rare Beauty, Everglow, Hong Kong, Josephine Johnson, new york, Perth, Rapaport News, Rio Tinto
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