Press Releases

Rio Tinto Unveils Its Largest Red Diamond at Australian Event

Published

8 years ago

August 30, 2017

INSTORE Staff

The tender includes 58 diamonds.

(Press Release) Rio Tinto has unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview.

Rio Tinto CEO J-S Jacques showcased The Argyle Everglow at the first Australian viewing of the 2017 Argyle Pink Diamonds Tender at a special preview in Perth.

Jacques said, “The market fundamentals for pink diamonds remain robust. The combination of healthy demand and extremely limited supply continues to support significant value appreciation for pink diamonds. This year’s Argyle Pink Diamonds Tender is an exceptional offering of the world’s most coveted diamonds. At more than a billion years old, each Argyle pink diamond is a fluke of nature, commanding the attention of investors, collectors and diamond connoisseurs across the world.”

The Argyle Pink Diamonds Tender is the annual showcase of the rarest diamonds from Rio Tinto’s Argyle mine.

The 2017 Argyle Pink Diamonds Tender is named “Custodians of Rare Beauty” in honor of its rich provenance and honorable pedigree. The 58 diamonds in the tender weigh a total of 49.39 carats – including four Fancy Red diamonds, four Purplish Red diamonds, two Violet diamonds and one Blue diamond.

The Argyle Everglow, a 2.11 carat polished radiant cut diamond, is the centerpiece of the 2017 Tender.

The collection comprises five “hero” diamonds, including The Argyle Everglow, selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Lot 1: Argyle Everglow, 2.11 carat radiant shaped Fancy Red diamond
Lot 2: Argyle Isla, 1.14 carat radiant shaped Fancy Red diamond
Lot 3: Argyle Avaline, 2.42 carat cushion shaped Fancy Purple-Pink diamond
Lot 4: Argyle Kalina, 1.50 carat oval shaped Fancy Deep Pink diamond
Lot 5: Argyle Liberté, 0.91 carat radiant shaped Fancy Deep Gray-Violet diamond

The 2017 Argyle Pink Diamonds Tender is being showcased in Perth, Hong Kong and New York with bids closing on Oct. 11.

The Argyle Everglow, a 2.11 carat radiant shaped Fancy Red diamond, was showcased The Argyle Everglow at the first Australian viewing of the 2017 Argyle Pink Diamonds Tender at a special preview in Perth.

Related Topics: colored diamonds Rio Tinto

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