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Rio Tinto’s 2020 Argyle Pink Diamonds Tender Achieved “Record Results”

The tender achieved a “double digit price growth and a record number of participants”
pink red diamonds argyle
Credit: Rio Tinto

Rio Tinto’s 2020 Argyle Pink Diamonds Tender, which included a collection of 62 rare pink, red, blue and violet diamonds from the famous Argyle mine in Australia, has delivered “a record result”, according to Rio Tinto as quoted by Rough & Polished. The prices achieved for the stones, however, have not been published. 

 

Argyle Pink Diamonds Tender
Credit: Rio Tinto

 

The tender achieved a “double digit price growth and a record number of participants with successful bidders from eight countries”. The highlight of the lot was a 2.24-carat stone named Argyle Eternity™ – the most valuable Fancy Vivid diamond in the Tender’s 37 year history. It was sold to Hong Kong fancy coloured diamond specialist, Kunming Diamonds.

 

argyle pink diamonds
Credit: Rio Tinto

 

Other record breaking diamonds included the Argyle Infinite™, a 0.70-carat oval Fancy Dark Violet-Gray diamond – the most valuable diamond in this colour category ever produced at the mine. The tender also includes the “ Petite Suites” collection –  12 miniature rare Argyle pink, red, blue and violet diamonds, weighing 13.90 carats in total.

 

The 2020 Argyle Pink Diamonds Tender was the penultimate Argyle tender, with a final Argyle Pink Diamonds Tender scheduled for 2021.



Tags: Diamonds News, Diamond Industry News, Diamond Prices News, Rio Tinto News

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