With the looming closure of Western Australia’s Argyle mine, the world’s largest coloured diamond mine, multiple pink diamonds are expected to each fetch 6 figures at auction this weekend.
The pink diamond is one of the rarest diamonds in the world gaining enormous interest worldwide where coloured diamonds are becoming increasingly popular for investment reasons.
“We expect that this Argyle pink diamond necklet and loose Argyle pink diamond that is just under 1 CT will each sell for 6 figures due to the closure of the Argyle mine, and the interest we’ve had in the necklet so far from both Australian and International investors,”
/Public Release.