Image courtesy of Lloyds Auctions.
Two extremely rare pink diamonds, usually sold by tender, will be going under the hammer in a national online auction tonight.
The pink diamonds up for auction all originate from Rio Tinto’s Argyle Mine in the East Kimberly region of Western Australia, which celebrated its final day of mining in November 2020 following 37 years of operation and the production of more than 865 million carats of rough diamonds.
“Both of these diamonds are expected to achieve such high values due to their colour, size, quality and rarity,” said Lee Hames, Chief Operations Officer for Lloyds Auctions.
“With the closure of Western Australia’s Argyle, mine, the world’s largest coloured diamond mine, pink diamonds are only going to become rarer,” Mr Hames added.
“We predict that these pink diamonds will sell far exceeding their valuations due to the closure of the mine, and the interest we have received worldwide so far.”
The 0.50 carat and 0.44 carat pink diamonds both come with Argyle certification and are GIA graded in the colour Fancy Vivid Purplish Pink.
The pink diamonds along with other prestige items will be up for auction tonight Wednesday the 31st of March at 7 pm at www.lloydsauctions.com.au