17 Jun 2021
DiamondWorld Directory
Home |
News
Home
yourdiamonds.com to sell five rare Argyle pink diamonds
The five pink diamonds ranging from 0.40carat to 1.01carat, originally sourced from the world-famous Argyle Diamond Mine, are expected to fetch over US$1million
By: Diamond World News Service
|
May 6 2021 11:06AM
|
Reference: 25555  

DecreaseIncrease
A fine Argyle Diamond Mine certified pink oval cut diamond of 4PP colour weighing 0.54 carats estimated to fetch AUD$200,000 – 270,000 at the yourdiamonds.comTM Public Tender
A fine Argyle Diamond Mine certified pink oval cut diamond of 4PP colour weighing 0.54 carats estimated to fetch AUD$200,000 – 270,000 at the yourdiamonds.comTM Public Tender

yourdiamonds.com has been asked to sell a collection of rare pink diamonds by an Australian finance corporation as mortgagee in possession.

The five pink diamonds ranging from 0.40carat to 1.01carat, originally sourced from the world-famousArgyle Diamond Mine,are expected to fetch over US$1million. The request to sell the gems inspired Tim to expand the sale to include other pink diamonds originally from the Argyle mine.

With the closure of the Argyle Mine in November 2020 after 40 years of producing 90% of the world’s pink diamonds the Public Tender is expected to attract attention from regional and overseas bidders.

yourdiamonds.comTM will offer the first ever Public Tender for Australian pink diamonds strictly from 21 June – 01 July 2021, by Order of a Mortgagee in Possession and the Property of Various Private Collectors and Investors.

The catalogue will be capped at just 30 pink diamonds. The final accumulated collection will be the subject of a high security travelling road show around the Australian capital cities. The sealed Tender Bids will be opened at 10.00am in Sydney on Friday 02 July in the presence of a Partner at international accountants, Grant Thornton.

yourdiamonds.comTMlaunched with a global campaign announced on its new website to invite consignments of additional pink diamonds from private and trade sellers. .

The trade asking prices for Australian pinks from the Argyle mine are said to have increased by more than 10% per annum in a blaze of publicity over many years. Howeverthere is no secondary market, so selling a pre-owned pink diamondcan be problematic for the end private consumer.

“We are creating a secondary market. The primary market is strong and the timing is perfect for sellers. Subject to the success of this first project we intend to conduct a Public Tender of Australian pink diamonds twice a year. We may extend the scope to include diamonds of other colours originally sourced from the Argyle Mine,” Tim Goodman said. 

Pink diamonds have been all the talk in the auction room after Christies recently sold a 2.17ct fancy pink for $3.5million and will offer another exceptional pink stone estimated to fetch $38million on 23 May.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2021
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 29300
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 5363
GJEPC Chairman Interview
Views: 25679
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 34964
Promo for IJ Awards 2012 at NDTV Profit
Views: 48631
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 61520
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 19948
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 47143
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 46163
Member of:
Supporter of: