What’s the first thing that comes to your mind when you think of fancy color diamonds?
If you are like most people, I’m pretty sure you willing be thinking about vivid pink diamonds and the beautiful hue they exhibit.
Although diamonds can exist in almost any color hue imaginable, there’s something extremely special about pink diamonds that make them stand out and highly sought after. It’s no wonder that pink diamonds often find themselves in the limelight of record breaking auctions.
In today’s blog post, I’m going to talk about a very specialized niche market in the industry – the Argyle pink diamonds tender.
The vast majority of natural pink diamonds come from Rio Tinto’s Argyle diamond mine in Australia.
Here’s an interesting fact: although the Argyle mine is one of the largest producer in the world by volume, the majority of their rough diamonds do not meet gem-quality standards.
What really propels the Argyle mine to international recognition is the small bounty of exceptional pink diamonds in their annual production. To give you an idea of how rare these diamonds are, the Argyle mine single-handedly accounts for 90% of the entire world’s supply!
Through the help of careful branding and marketing campaigns, the Argyle mine has become one of the most coveted sources for pink diamonds. Each of the Argyle stones comes with its own Argyle certificate and unique Argyle laser inscription that is found on the diamond’s girdle.
Because there is such a strong demand for these stones, the prices can often hit mind-boggling figures.
The Argyle mine sells their pink goods to a number of diamond and jewelry companies across the world, but saves their best stones for an exclusive annual event. Every year, the Argyle mine proudly presents the Pink Diamond Tender, where they showcase the finest diamonds they found.
The 2016 diamond tender included some of the rarest stones Argyle has ever offered in its history. It was called the “Chroma Collection” and compromised of 63 stones in total. While the annual event is called the Pink Diamond Tender, pink stones are not the only colors showcased.
Some of the rarest pieces in this year’s collection were the Argyle Violet, which has an astonishing weight of 2.83 carats. It was one of the largest stones ever sold at the exclusive tender. Another noteworthy diamond was the Argyle Ultra which weighed in at 1.11 carats and featured a violet hue.
The 2016 Argyle Tender also included four red diamonds, with the Argyle Aria being a huge 1.09 carat fancy red oval diamond. Lastly, they also offered the first internally flawless Argyle Tender stone in over 20 years!
Here’s how the bidding in Argyle Tender works. Unlike other auctions, the bidders have no idea of what others are bidding on for the same stones. Bidders are only allowed to submit a single bid and he who offers the highest bid is the winner.
The violet Argyle diamond included in the 2016 Tender
Pink diamonds have never been in higher demand. Ever since Argyle’s surface mining operations ceased and begun development for their underground mining project, these exceptional stones are getting scarcer than ever.
It was only until recently in 2015 that the $2.2 billion dollar expansion for Argyle’s underground project was completed and the lifespan of the mine was extended. Even so, this current mining project is set to be open only until 2020. Beyond that, we will expect to see a huge decline in the supply of pink diamonds with rising demand.
Needless to say, you can’t just find Argyle stones at any jewelry shop or get any jeweler to source for a tendered diamond. It’s almost unheard of given the extremely limited supply and the expertise required to deal with these goods.
However, one company I work very closely with happens to specialize in these goods.
Leibish and Co. is an honored participant of the invitation-only tender. And in the past years, they have won numerous stones from the tender.
Last year, Leibish won an impressive 26 stones from the tender. This year, I was thrilled to hear that they had won the first Internally Flawless pink diamond offered in over 20 years!
Leibish and Co.’s 0.71ct Internally Flawless Fancy Intense Pink Argyle Diamond
The company currently has 40 Argyle Tender stones available in their inventory. They also hold an amazing collection of over 130 Argyle diamond and offer a wide range of Argyle jewelry.
Either way, if you are in the market for a truly exceptional piece, get in touch with Leibish. If you have any questions about Argyle diamonds, please feel free to reach out at paul [at] beyond4cs.com.Continue Reading...
If you think buying a diamond engagement ring is an intimidating process (trust me, I know), preparing for a wedding is going to be many times more stressful.
From setting a date, finding a venue, sourcing for wedding decorations to sending invitations, there are loads of things that require careful planning and budgeting.
In an effort to help brides and grooms-to-be prepare for their big day, we have put together a list of the top 105 wedding blogs that are shaking up the bridal space. These are the handpicked cream-of-the-crop selections after weeks of sieving through thousands of bridal blogs on the Internet.
Whether you are looking for wedding ideas or seeking advice on burning questions, these blogs will provide you with handy tips and information to help you turn your dream wedding into a reality. (more…)Continue Reading...
If you’re looking for insightful and educational blogs about diamonds, you’ve come to the right place. Here are 60 of the best diamond blogs on the Internet.
As you know, there are literally hundreds of diamond and jewelry related blogs online. But we decided to separate the wheat from the chaff and give you only the cream of the crop.
To make the list, the blogs had to be well designed, up-to-date and/or provide an unique perspective in the content they write.
Whether you are a consumer who’s shopping for a diamond ring or a trade personnel trying to learn more about the industry, these blogs will give you handy tips, insights and information. Check them out below… (more…)Continue Reading...
When it comes to fashion and interior-design trends, vintage and retro are the latest buzzwords in the consumer market. Likewise in the jewelry industry, there had also been an increasing demand for vintage style engagement rings.
I believe the resurgence of vintage engagement rings is attributed to their classic and timeless appearances. Somehow, vintage rings seem to have a magical ability to captivate people with feelings of romance and love.
Don’t you think so too? (more…)Continue Reading...
Advancements in technologies have enabled man to create diamonds in the labs at a tiny fraction of the time required by Mother Nature to do so.
Over decades of scientific research and continuous pushing of manufacturing boundaries, scientists are now able to create gem quality diamonds on a large scale basis to meet demands in the jewelry industry.
Now, I want to emphasize that lab grown diamonds have identical properties to traditionally mined diamonds. They are composed of the same material, require the same cutting/polishing process and exhibit similar physical/chemical properties to diamonds mined from the Earth.
Yep, that’s right and it gets even better.
Lab created diamonds can be made to the same level of clarity, color and brilliance as naturally mined stones. In fact, these man-made diamonds are almost indistinguishable unless they are subjected to specialized testing equipment like spectrometers and X-rays. (more…)Continue Reading...