The jewellery world is witnessing the closing of an extraordinary chapter as Rio Tinto hosts the final auction of Argyle red diamonds, marking the last opportunity for collectors and connoisseurs to acquire these unparalleled gems. This historic auction, aptly named the “Beyond Rare” Collection, celebrates the legacy of the now-closed Argyle mine, located in the Kimberley region of Western Australia.
The End of an Era
The Argyle mine, which ceased operations in 2020, was a global treasure trove, producing over 90% of the world’s pink diamonds during its 37-year history. Among these, the coveted red diamonds have always held a special allure due to their exceptional rarity and mesmerising hue.
To commemorate the mine’s legacy, Rio Tinto has curated a collection of 48 remarkable diamonds in hues ranging from radiant pinks to mysterious grey-violets. The star of the auction is a fancy red diamond, a true marvel of nature that embodies the unparalleled allure of the Argyle name.
Global Tour and Final Bids
The “Beyond Rare” Collection is currently touring major cities around the world, giving prospective buyers a rare chance to view these magnificent gems up close. The auction, which began with exclusive viewings in London, will culminate in mid-November 2024, with final bids closing on November 18.
The Appeal of Argyle Red Diamonds
The fascination with Argyle red diamonds lies in their extraordinary beauty and scarcity. These gems are not just natural wonders but also symbols of rarity, luxury, and prestige. The unique conditions of the Argyle mine made it the sole source of red diamonds of this calibre, ensuring their value and desirability endure far beyond the mine’s closure.
A Collector’s Dream
For collectors, the “Beyond Rare” auction represents a once-in-a-lifetime opportunity to own a piece of history. These diamonds are destined to become even more treasured as the final remnants of a legendary era in gem mining.
A Legacy That Lives On
While the Argyle mine has closed its doors, its legacy continues to shine brightly through these rare and exquisite gems. As Rio Tinto concludes this chapter with the “Beyond Rare” auction, the jewellery world reflects on the lasting impact of the Argyle mine and the timeless beauty of the diamonds it produced.