Four years after Rio Tinto closed its Argyle diamond mine in remote Western Australia, the Anglo-Australian group is attempting to stimulate the eponymous brand, which it has no plans to relinquish despite its dwindling inventory. “Argyle pink tender diamonds have outperformed all major equity markets over the past two decades, achieving double-digit price growth in that time,” points out Patrick Coppens, general manager for sales and marketing at Rio Tinto Diamonds.
The theme presents the perfectly cut and polished diamond as a work of art. “Historically, the prices of Argyle Pink diamonds have been more closely aligned with the rare art and collectible markets than with those of white diamonds,” notes Coppens. Colour Awakened offers 48 lots, comprising 76 stones, including pink and violet diamonds and one fancy purplish red diamond, as well as nine curated sets, two of which feature a 2.47 fancy intense yellow diamond and a 4.