Press Releases

Rio Tinto Unveils Its Largest Vivid Pink Diamond

Published

6 years ago

July 13, 2018

INSTORE Staff

INSTORE ArgyleAlpha

This 3.14 carat polished emerald cut diamond is known as the Argyle Alpha.

(PRESS RELEASE) Rio Tinto has unveiled the largest Vivid Pink diamond in the history of its Argyle Pink Diamonds Tender during a world exclusive preview in Sydney.

The 3.14 carat polished emerald cut diamond, known as The Argyle Alpha, is part of the lineup of 63 rare pink, red and violet diamonds in the 2018 Argyle Pink Diamonds Tender. Following viewings in Sydney the collection will be showcased in Sydney, Hong Kong and New York with bids closing on Oct. 10.

Rio Tinto CEO J-S Jacques said, “I am delighted to unveil this stunning Argyle Alpha diamond, the largest Vivid Pink diamond presented since the Argyle Pink Diamonds Tender began in 1984.”

“Rio Tinto’s Argyle mine is the world’s only source of these highly coveted pink, red and violet diamonds and we expect considerable interest in this year’s collection. The combination of strong demand and extremely limited world supply continues to support significant value appreciation for Argyle pink diamonds.”

The 2018 Argyle Pink Diamonds Tender is named ‘Magnificent Argyle’ in honour of Argyle’s role in charting the history of the world’s most coveted diamonds. The 63 diamonds in the Tender weigh a total of 51.48 carats – including five Fancy Red diamonds, two Purplish Red diamonds and three Violet diamonds.

Lot 1, The Argyle Muse, a 2.28 carat polished oval diamond, the centerpiece of the collection, is the largest purplish red diamond ever offered at Tender, and with an unrivalled potency of colour will be keenly sought after by collectors and connoisseurs from around the world. To add to its prestige The Argyle Muse originated from a 7.39 carat rough diamond that yielded a second purplish red diamond for inclusion in the 2018 Tender ( Lot number 9).

The 2018 Argyle Pink Diamonds Tender collection comprises six “hero” diamonds 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 Muse, 2.28 carat oval shaped Fancy Purplish Red diamond
Lot 2: Argyle Alpha, 3.14 carat emerald shaped Fancy Vivid Purplish Pink diamond
Lot 3: Argyle Maestro, 1.29 carat square radiant shaped Fancy Vivid Purplish Pink diamond
Lot 4: Argyle Alchemy, 1.57 carat princess shaped Fancy Dark Gray-Violet diamond
Lot 5: Argyle Odyssey, 2.08 carat round brilliant shaped Fancy Intense Pink diamond
Lot 6: Argyle Mira, 1.12 carat radiant shaped Fancy Red diamond

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