Rio Tinto today unveiled the   Argyle Everglow™, a 2.11 carat polished radiant cut diamond,  at a special preview in Perth, Australia.  The Argyle Everglow™ is the largest Fancy Red diamond in the history of Rio Tinto’s Argyle Pink Diamonds Tender and is the centrepiece of the 2017 Tender.

The rare diamond was unveiled by Rio Tinto Chief Executive J-S Jacques. He said: “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.”

Commenting on the market for such diamonds he 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.”

The Argyle Pink Tender has traditionally showcased the rarest gems from the Argyle mine.

 “The 2017 Argyle Pink Diamonds Tender is named ‘Custodians of Rare Beauty’ in honour of its rich provenance and honourable pedigree,” Rio Tinto said. “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.”

Of these 58 diamonds, five have been designated ‘hero’ diamonds, “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.

As described by Rio Tinto these are:

•  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

Bids for the   2017 Argyle Pink Diamonds Tender  close on October 11, 2017. Prior to that, these rare beauties are being showcased in Perth, Hong Kong and New York.

Pic Cap:

The Argyle Everglow™, a 2.11 carat radiant shaped Fancy Red diamond

Pic Courtesy: Rio Tinto