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argyle violet diamonds

Argyle unveils the 2017 Signature Tender

Rio Tinto has unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in New York.

The 2.11 carat polished radiant cut diamond, known as The Argyle Everglow™, is the dazzling centrepiece of the 2017 Argyle Pink Diamonds Tender – an annual showcase of the rarest diamonds from Rio Tinto’s Argyle mine.

Rio Tinto Copper & Diamonds chief executive Arnaud Soirat said “We are delighted to announce this historic diamond at our Tender preview, a testament to the unique Argyle ore-body that continues to produce the world’s rarest gems.”

Unprecedented in size, colour and clarity, The Argyle Everglow™ has been assessed by the Gemological Institute of America (GIA) as a notable diamond with a grade of Fancy Red VS2.

In the 33-year history of the Argyle Pink Diamonds Tender there have been less than 20 carats of Fancy Red certified diamonds sold.

Argyle Pink Diamonds manager Josephine Johnson said “The Argyle Everglow™ represents rarity within rarity and will drive global demand from collectors and connoisseurs in search of the incomparable.”

The hero cast of the 2017 Argyle Tender! - Image courtesy of Argyle Pink Diamonds

The hero cast of the 2017 Argyle Tender! - Image courtesy of Argyle Pink Diamonds

The 2017 Argyle Pink Diamonds Tender is named ‘Custodians of Rare Beauty’ in honour of its rich provenance and honourable 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 collection comprises five “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 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 will be showcased in New York, Hong Kong and Perth with bids closing on 11 October 2017.

L.J. West Diamonds purchases the argyle violet diamond

Rio Tinto’s Argyle Pink Diamonds Tender delivers record result 7 November 2016

Rio Tinto’s spectacular 2016 Pink Diamonds Tender collection of 63 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for these increasingly rare diamonds. Known as The Chroma Collection, the 2016 Argyle Pink Diamonds Tender comprised the highest quality, size and colour composition in the Tender’s 32 year history and was highly sought after, with winners from 10 countries including a strong representation from the sophisticated US collector market.
The 2016 Argyle Pink Diamonds Tender achieved the highest average price per carat since the Tender began in 1984.

Rio Tinto Diamonds general manager of sales Patrick Coppens said “We are delighted with the results of this year’s historic collection. Argyle’s pink, red and violet Tender diamonds are in a class of their own in terms of rarity, beauty and provenance. These natural coloured diamonds are truly beyond rare.”

The 2.83-carat Argyle Violet, is the largest and most valuable violet diamond recovered to date from the Argyle mine

The 2.83-carat Argyle Violet, is the largest and most valuable violet diamond recovered to date from the Argyle mine

The dazzling centrepiece of the collection, the 2.83-carat Argyle Violet, is the largest and most valuable violet diamond recovered to date from the Argyle mine in the remote east Kimberley region of Western Australia. The Argyle Violet was secured by US based coloured diamond specialist, L.J. West Diamonds Inc, which plans to showcase the historic diamond at the Diamonds: Rare Brilliance exhibition at the Natural History Museum of Los Angeles County in December 2016. President of L.J. West Diamonds Inc Larry West said “The Argyle Violet is an incomparable diamond that forms an important addition to our Art of Nature collection of rare gems. It is a truly unique treasure that we are proud to be exhibiting as one of the finest examples of a historic fancy colour diamond.”

Over the past 15 years the value of Argyle pink diamonds sold at Tender have appreciated over 300 percent. Argyle Pink Diamonds manager Josephine Johnson said “The market fundamentals for pink diamonds -strong demand as a result of extremely limited supply - continue to support their significant value appreciation.“

Rio Tinto’s Argyle mine produces virtually the entire world’s supply of rare pink diamonds, with the finest from a full year’s production showcased in the annual Argyle Pink Diamonds Tender.

The 2016 Tender was the first to comprise diamonds solely from Argyle’s underground mine.