Argyle Pink Diamonds from Final Collection Set to Dazzle at Historic Australian Auction
First State Auctions is featuring over half a dozen Argyle pink diamonds in its August auction, with the standout being this 0.94-carat pink diamond f

Argyle Pink Diamonds from Final Collection Set to Dazzle at Historic Australian Auction

Rare Argyle Pink Diamonds Take Center Stage at Prestigious Australian Auction

A momentous event for diamond enthusiasts and collectors alike is unfolding in Australia. First State Auctions, a renowned Sydney-based auction house, has launched a highly anticipated sale featuring a stunning array of Argyle pink diamonds, including a particularly rare gem from the final tender of stones from the now-closed Argyle mine.

A Gem of Historic Proportions

Leading the auction is a 0.94-carat radiant-cut fancy intense pink diamond, boasting VS1 clarity. This exquisite stone, hailing from the 2021 Argyle Pink Tender—Rio Tinto’s Final Collection, carries a color grade of 6P on the Argyle Pink Diamond Colour Guide. The “6” represents the depth of the hue, while the “P” signifies pink as the dominant color. With an estimated value ranging from AUD 700,000 to 800,000 (USD 457,000 to 522,000), this diamond is more than just a gemstone—it's a piece of history.


A Glimpse into Argyle’s Legacy

The Argyle mine, nestled in the Kimberley region of Western Australia, was a global leader in the production of pink diamonds. From its beginnings in alluvial mining in 1983 to its transition to open-pit mining in 1985, and finally going fully underground in 2013, Argyle produced an astonishing 865 million carats of rough diamonds before its closure in 2020. The mine’s annual tenders, renowned for featuring the crème de la crème of each year’s production, became legendary in the diamond industry.

First Public Offering of Final Collection Diamond

This auction marks a historic first—the public offering of a diamond from Rio Tinto’s final collection. Ari Taibel, director at First State Auctions, expressed the significance of this event, stating, “We are honored to present this extraordinary diamond to the world. The rarity and historical significance of this Argyle Tender Diamond make it a once-in-a-lifetime opportunity. The legacy of the Argyle Diamond Mine and its exceptional diamonds will forever be remembered, and this auction allows us to celebrate that legacy.”

Additional Argyle Treasures and Rare Jewels

The auction doesn’t stop at this remarkable diamond. It also includes more than half a dozen other Argyle pink diamonds, featuring five loose stones from the estate of the late Graham Jackson, founder of Loloma Jewellers in Townsville, Australia. These diamonds, each with unique characteristics and storied pasts, add an extra layer of allure to the auction. Among them are:

  • A 0.33-carat round brilliant-cut fancy deep pink champagne diamond with PC3 color and P1 clarity.
  • A 0.50-carat radiant-cut pink diamond with 4BP color and SI2 clarity.
  • A 1.14-carat emerald-cut pink diamond with PC2 color and SI2 clarity.
  • A 1.14-carat round brilliant-cut pink diamond with 3PR color and P1 clarity.
  • A 1-carat radiant-cut pink diamond with 2BP color and SI1 clarity.

Other noteworthy Argyle offerings include a diamond ring set with a 0.97-carat radiant-cut diamond of 6PR color and P1 clarity, alongside a 0.25-carat loose round brilliant-cut fancy vivid purplish pink diamond.

A Showcase of Luxury

In addition to the coveted Argyle diamonds, the auction features an impressive selection of fine jewelry and luxury watches from world-renowned brands such as Cartier, Hermes, Chanel, Tiffany & Co., Chopard, Bulgari, Louis Vuitton, Vacheron Constantin, Rolex, and Piaget. This event is not just an auction—it’s a celebration of luxury, craftsmanship, and history.

How to Participate

The auction began on Monday and will run until August 11. Interested bidders can participate online or view the collection in person by appointment, offering a rare opportunity to own a piece of the Argyle legacy. This auction is a must-see for anyone passionate about the finest things in life.

For Registration Please Visit: The First State Auctions Website.

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