Linneys will present an exclusive showcase of rare and coveted Argyle Pink Diamond Tender stones valued at $10 million and a special collection of pink diamond jewellery valued at over $10 million.
The showcase will include a very special piece called the Argyle ‘Blossom’ ring. Valued at $3 million, this ring was specially created to showcase the diamonds typically presented in the Argyle tender. With five Argyle Pink Diamond Tender stones totalling 3.22 carats and a 0.33 carat Round Brilliant Argyle violet diamond nestled amongst white diamond petals, bordered by more than one carat of Argyle blue diamonds – this ring must be seen to be believed. It will be on display at Linneys Perth and Sydney for the first time in Australia.
In recent times, as global markets have shown volatility and instability, the demand for Argyle Pink Diamonds has continued unabated, with the stones appreciating steadily over the past decade.
Pink diamonds are becoming a highly collectable choice, with the average value of pink diamonds increasing 15 per cent each year.
“There is an increasing demand for pink diamonds because of their rarity but supply is not forever. This has resulted in the consistent appreciation of the prices of Argyle pink diamonds in the order of at least 15% per annum in recent years,” said Linneys Director, David Fardon.
Prices vary with the uniqueness of each Argyle pink diamond, with pink diamonds attracting prices 20 times higher than their white diamond equivalents. The gap widens for higher quality and stronger coloured pink diamonds, up to 50 times the value for diamonds with red colour tones.
This is a not to be missed exclusive opportunity to see and secure some of the most collectable Argyle pink diamonds in the world at Linneys in Subiaco (21-22 October) and at their Showroom in Westfield Sydney (27-30 October).