24 Jun 2019
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Rio Tinto unveils its largest Fancy Red diamond at Australian preview
The Argyle Everglow™ was showcased at the first Australian viewing of the 2017 Argyle Pink Diamonds Tender
By: Diamond World News Service
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Aug 29 2017 12:16PM
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Reference: 15540  

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Rio Tinto unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview. Rio Tinto chief executive 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.

J-S 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 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 Argyle Everglow™, a 2.11 carat polished radiant cut diamond, is the centrepiece 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 11 October 2017.

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