Final Argyle Pink, Red and Blue Diamond Tenders Break Records

Rough Market
28/10/2021 13:33

Rio Tinto proudly announced its 2021 Argyle Pink Diamonds™ Tender collection of 70 rare pink and red diamonds delivered the most significant set of record-breaking results in its 38-year history. Just like the first Argyle Pink Diamonds Tender was held in Antwerp in 1984, the most anticipated diamond sale in the world had its final curtain call after 38 years in the city of diamonds, Antwerp.

The 2021 Argyle Pink Diamonds™ Tender delivered record-breaking price performance across individual diamonds and for the overall collection. The diamonds were fiercely contested around the world in a series of virtual and face-to-face viewings.

The 2021 collection, titled The Journey Beyond™, continued its trajectory of double-digit price growth with 19 successful bidders from nine countries. Lot Number 1, Argyle Eclipse™, a 3.47 carat, radiant-shaped Fancy Intense Pink diamond was won by famed Australian jeweler and Argyle Pink Diamonds Select Atelier™, Calleija, also the successful bidder for Lot Number 5, Argyle Bohème ™ a 1.01 Carat, radiant shaped Fancy Red diamond.

The other three hero diamonds from the 2021 Argyle Pink Diamonds collection were won by long-standing bidders, with Lot Number 2, Argyle Stella™, and Lot Number 4, Argyle Solaris™ going to Singapore and Lot Number 3, Argyle Lumiere™ to the US.

Sinead Kaufman, Chief Executive of Rio Tinto Minerals said “We are delighted with these results that are a reflection of the beauty, rarity and unique provenance of Argyle pink diamonds. They are also a testament to all those involved in taking these gems from a mine in remote Western Australia to the world.”

Offered alongside the 2021 annual Argyle Pink Diamonds Tender and also sold in a record-breaking global bit was Rio Tinto’s entire 2021 Once in a Blue Moon Tender collection of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy colored diamond specialist, Kunming Diamonds.

Harsh Maheshwari, Executive Director of Kunming Diamonds said "We are delighted to be part of Argyle's legacy in this historical moment, acquiring the Once in a Blue Moon collection. We cherish becoming the custodians of the final Australian treasures from this iconic and industry-defining mine, and look forward to unearthing the incredible possibilities in the years to come."

Sinead Kaufman, Chief Executive of Rio Tinto Minerals said ” the rarity and beauty of the Once in a Blue Moon diamonds speaks volumes. They are highly coveted, the ultimate limited edition and we congratulate Kunming Diamonds on their global bid.”

A so-called end of an era, the final Argyle tenders went out with a record-breaking bang!