An important diamond ring set with a natural fancy pink diamond weighing app. 1.05 ct. and fancy pink and white diamonds, mounted in 18k pink and white gold.

An important diamond ring set with a cushion-cut natural fancy brownish orangy pink Argyle diamond weighing app. 1.05 ct. flanked by numerous brilliant-cut diamonds, totalling app. 3.56 ct., mounted in 18k white gold. Colour: River-Top Wesselton (E-F). Clarity: VVS-VS. Size 54. New York, circa 2013.

Cut quality of brilliant-cut diamonds: Triple excellent-cut. Hearts and arrows.

Accompanied by GIA report no. 5151500426. New York, 2013. Colour distribution: Even. Polish: Excellent. Clarity: SI.

Natural pink diamonds are very rare. Only about 0.01 % of all diamonds are pink. Of those about 90 % are mined in The Argyle mine in Kimberley in western Australia which is one of the largest diamond mines in the world. The mine opened in 1985 and has since then been the only reliable source for pink diamonds ranging in colour from rose-petal pink to deep blue violet. No more than fifty diamonds weighing more than 0.50 ct. are mined in a year. As the pink diamonds are so rare they are very sought after on the international diamond market and the prices have shown a continual growth in value year over year. With the Argyle diamond mine ore body depleting, and closure likely to occur by the end of this year, 90 % of the world's coloured diamond supply will cease and the industry is expecting their value to explode as a result. These already-precious stones are seeing the biggest surge in interest and popularity since Ben Affleck gave one to Jennifer Lopez in 2002. Their beauty and rarity already made them valuable commodities, and now that the supply is running out, interest is pushing their value and price through the roof. According to Arpège, “At the upper echelon, these pink diamonds see an average price per carat of $1.5 to $3 million. Investors and collectors are taking notice of these increasing values, and as supply decreases with the upcoming closure of the Argyle Diamond Mine, the demand is sure to continue to drive up this price”.

Condition Report:
Condition report on request.

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