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Rio Tinto Showcases The World’s Rarest Red, Pink and Blue Diamonds in Tokyo

Jul 30, 2013 2:44 AM   By Rio Tinto
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Press Release: The world’s most exclusive diamond sale, the Argyle Pink Diamonds Tender, is being previewed in Tokyo for the first time in five years. Argyle Pink Diamonds manager Josephine Johnson said, “We are delighted to be back in Tokyo to showcase the finest red, pink and blue diamonds from the Argyle mine in Western Australia. The Japanese market is very important to us and over the past 20 years has shown, and continues to show, an unerring demand for Argyle pink diamonds.”

Included in the Tokyo preview are three fancy red diamonds, representing the pinnacle of value and ultimate rarity in the diamond industry. The hero of the collection is a 1.56-carat round gem, Argyle Phoenix™ named in honor of the newly commissioned Argyle underground mine.

The 2013 tender collection is also notable for its unique combination of colors and sizes. For the first time in eight years there is a diamond greater than 3 carats – the 3.02-carat radiant, fancy intense orangy-pink diamond, named Argyle Imperial™. Equally unusual is the 0.71-carat blue heart-shaped diamond, Argyle Celestial™, which is expected to be sold with a matching heart-shaped fancy pink diamond from the collection.

Japan remains the largest consumer market for pink diamonds, with the lighter “cherry blossom” shades of pink in strong demand from Japanese jewelry designers. It is also a market that covets heart-shaped diamonds, and the matching pink and blue heart shaped diamonds in the 2013 tender collection are likely to be strongly contested. According to  Johnson, “The level of sophistication and jewelry design expertise in Japan is ideally placed to capture the extraordinary color palette on offer in this year’s tender collection.”

The 2013 Argyle Pink Diamonds Tender is comprised of 64 diamonds, including 58 pink diamonds, three fancy red diamonds and three blue diamonds. All 64 diamonds in this year's collection were cut and polished in Western Australia by Rio Tinto's master craftsmen, acknowledged globally for their expertise, precision and artistic flare. Bids close on October 2, 2013.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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Tags: Argyle mine, Japan, Pink diamonds, Rio Tinto
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