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rare color 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.

Spectacular Colored Diamonds On Exhibit At Los Angeles County Natural History Museum

Dec 15, 2016 @ 12:37 PM

By Anthony Demarco - Forbes

The Juliet Pink on display at Diamonds: Rare Brilliance at the Natural History Museum of Los Angeles

The Juliet Pink on display at Diamonds: Rare Brilliance at the Natural History Museum of Los Angeles

Natural History Museum of Los Angeles County is bringing together rare colored gems never before seen in the United States inside the museum’s Gem and Mineral Hall in an exhibition titled “Diamonds: Rare Brilliance.”

At the exhibition’s center is the “Juliet Pink Diamond,” an extremely rare pink diamond of more than 30 carats, and a Fancy Deep Grayish Bluish Violet named the “Argyle Violet Diamond,” after the Argyle mine in Western Australia where it was discovered in 2015. Through examples, such as the fluorescent lighting of a “Rainbow” diamond necklace and a very rare Victorian Orchid Diamond, the exhibition will attempt to bring to light the rare properties of colored gemstones, the science behind natural colored diamonds, and how the interplay of light and chemistry gives diamonds color.

The Argyle Violet Diamond set in a beautiful platinum diamond setting surrounded by 12 rare vivid pink diamonds. On display at the Natural History Museum of Los Angeles

The Argyle Violet Diamond set in a beautiful platinum diamond setting surrounded by 12 rare vivid pink diamonds. On display at the Natural History Museum of Los Angeles

The Diamonds: Rare Brilliance exhibition will open Friday and run through March 19, 2017. The colored gems and jewels in the exhibition are owned by L.J. West Diamonds, which specializes in the sourcing, manufacturing and distribution of colored diamonds. 

The exhibition coincides with the reopening of NHMLA’s Gem and Mineral Store.

Article courtesy of Forbes

The Company that Bought the Violet Diamond

By Michelle Graff - National Jeweler

So is violet the rarest hue of diamond there is? “There’s no question about it,” said Larry West of L.J. West Diamonds, the company that placed the winning bid on this 2.83-carat violet diamond from the 2016 Argyle tender.

New York--It’s the biggest violet diamond ever found at Australia’s Argyle Mine, and it now belongs to a New York company that’s been in the colored diamond business for nearly 40 years.

L.J. West Diamonds Inc. placed the winning bid on the 2.83-carat “Argyle Violet,” the centerpiece of this year’s Argyle Pink Diamonds Tender, Rio Tinto’s annual sale of the top diamonds to come out of its Argyle mine.

Company President Larry West said the Violet, a diamond that generated a lot of interest and excitement, was a stone he “really wanted to possess.”

“There’s such a huge disparity between this size and the next biggest violet stone that’s ever come out of the (Argyle) mine,” he said, referencing the 1.41-carat Ocean Seer from the 2008 tender. “It’s such a rarity that I felt it was worth bidding on.”

West is not saying how much he paid for the stone, which is being set in a ring and surrounded by smaller Argyle pinks, though he did reveal that it will be available to purchase next year.

But he won’t be taking the violet diamond to Christie’s or Sotheby’s to sell it.

Rather, L.J. West Diamonds will offer the Argyle Violet through its network of retail partners after it is featured in the “Diamonds: Rare Brilliance” exhibition slated to run from December to March 2017 at the Natural History Museum of Los Angeles County.

“I am glad to have it shown,” West said of the violet’s inclusion in the exhibition. “It’s so rare. Nobody’s ever seen stones like this, and I think it’s important for them to be out there in the public domain. It makes it more real for people; it’s not just a story.”

This year, a total of 63 pink, red and violet diamonds--collectively dubbed “The Chroma Collection”-- comprised the Argyle tender, which was 100 percent sold by lot.

Collectively, the stones represented the highest quality, size and color composition in the tender’s 32-year history and, consequently, achieved the highest average price per carat ever.

Beyond L.J. West Diamonds, Rio Tinto did not reveal the names of any companies that purchased a diamond from the tender, nor did it share prices.

Read the full article here

The Chroma Collection is announced for this year's Argyle Pink Diamond Tender 2016

Rio Tinto’s Argyle Pink Diamonds business has unveiled the largest violet diamond recovered from the Argyle mine in Western Australia.

The 2.83 carat polished oval shaped diamond, known as The Argyle Violet, will be the dazzling centrepiece of the 2016 Argyle Pink Diamonds Tender, the annual showcase of the rarest diamonds from the Argyle mine.

The Argyle Violet

The Argyle Violet

Argyle Pink Diamonds manager Josephine Johnson said “We are very excited to announce this historic diamond ahead of our Tender launch. This stunning violet diamond will capture the imagination of the world’s leading collectors and connoisseurs.”

More than 90 per cent of the world’s rare pink diamonds come from the Argyle mine and it is the only source of hydrogen- rich violet diamonds. Violet diamonds are seldom seen and in 32 years Argyle has produced only 12 carats of polished violet diamonds for its iconic Tender.

The Argyle Violet was polished in Western Australia by one of Argyle’s master polishers, Richard How Kim Kam, from a 9.17 carat rough diamond discovered in 2015. The Argyle Violet has been assessed by the Gemological Institute of America (GIA) as a notable diamond with the colour grade of Fancy Deep Greyish Bluish Violet.

Information courtesy of Rio Tinto