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Larry West Buys Alrosa’s 6.21-carat Fancy Intense Pink Purple Diamond

According to West, as production declines, “pink diamonds will become rarer and thus more valuable”
Larry West pink diamonds
Credit: Alrosa

New York-based diamond collector Larry West, owner of New York’s L.J. West Diamonds, has purchased a 6.21-carat cushion cut Fancy Intense Pink Purple diamond unearthed by Alrosa at Yakutia.

 

Underground diamond mining Russia
Credit: Alrosa

 

“As global production declines, pink diamonds will become rarer and thus more valuable”, Larry West is quoted in a press release. “This is the first diamond from Russia that I have bought directly from Alrosa. It possesses excellent characteristics and will certainly take a worthy place in my collection”.

 

Rough Diamonds
Credit: Alrosa

 

Rebecca Foerster, President of Alrosa USA, said that Alrosa “may well become a world leader in the colored diamonds market”, adding: “Alrosa’s deposits are known not only for their colorless diamonds, but also for a variety of rough colored diamonds. Our cutter’s unique skills allow us to turn them into high-quality diamonds”.



Tags: Diamonds News, Diamond Industry News, Alrosa News

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