Each year around fifty of the most intensely coloured pinks are offered for sale by tender to a few of the worlds most discerning connoisseurs. The competition is aggressive, the prices staggering. Millions of dollars can be exchanged for these rare and precious gems. Pink diamonds range from light pink through to intense pink, the prices varying accordingly. These diamonds are cut into a variety of shapes including radiant, princess, brilliant, marquise, pear, oval, emerald, square-emerald and heart.
Beginning in 1985, the more exceptional polished pink diamonds have been sold individually at special auctions known as “tenders”. Viewings are held in New York, Sydney, Tokyo, Hong Kong, London and Geneva. Participation in these events is by invitation only to the world’s leading diamantaires and diamond jewellers.
The tendered pink diamonds have an average size of about 1 carat. Around 40 to 50 carats in total are sold at these auctions each year. Prices achieved are typically in excess of US $100,000 per carat.
To put the true rarity of these special “pink” diamonds into perspective, of every million carats of rough diamonds produced at the mine, a only one carat is suitable for sale in one of these tenders. Since 1985, more than 750 stones have been offered for sale at the tender at a total weight of almost 600 carats.
We have one of the world’s largest collections of Australian Pearls and Australian Opals.