Jeweler Displays $100M of Colored Diamonds

RAPAPORT… Australian jeweler Linneys is showcasing $100 million
worth of jewelry featuring rare colored diamonds from the Argyle mine.



The highlight of the collection is a ring containing the
Argyle Violet, a 2.83-carat fancy deep grayish
bluish violet diamond that Rio Tinto recovered from the
iconic mine in Western Australia. The stone — the top diamond from the 2016
Argyle Pink Diamonds Tender — is surrounded by 10 round vivid pink diamonds
from Argyle, which together weigh 0.83 carats, and two heart-shaped Argyle
vivid pink diamonds weighing a combined 0.67 carats.



The Argyle Violet is extremely rare: last year Rio Tinto said the mine had yielded
only 12 carats of polished violet diamonds in 32 years of the annual tender.
New York-based L.J. West Diamonds bought the stone last year for an
undisclosed amount.



Linneys’ collection also includes the Argyle Thea, a
2.24-carat fancy vivid purplish pink diamond
from the 2016 tender now set in a platinum ring.



“Featuring the finest colored diamonds from the Argyle
diamond mine and across the globe, this exclusive showcase represents rarity
never before seen,” said David Fardon, director of Linneys. “This is the first
time in Australia we have seen a jewelry collection valued in excess of $100
million.”