The supply of diamonds coming from the Argyle mine is rapidly depleting. It is expected that the mine will close in 2018. There is a rapidly increasing global demand for the coveted Argyle Pink Diamond. This exponentially growing demand coupled with the ever-decreasing supply of Pink Argyles has presented us with an investment vehicle unlike any other. It is anticipated that Pink Argyle prices will increase Ten Fold by the time the mine ceases operation in 2018.
Every year a small collection of the best pink diamonds produced by the Argyle Mine are offered in an exclusive sale know as the Argyle Pink Diamond Tender. For every Million carats of rough pink diamonds produced by the mine, only 1 carat polished will be offered for sale at the tender. The Tender is one of the most important and coveted events in the Coloured Diamond Industry. The Tender is by invitation only. At Paragon International, we pride ourselves in the fact that we have access to the extremely rare wonders of beauty offered at the Argyle Tender.
Each Argyle pink diamond echoes the beauty of its ancient birthplace-Western Australia's East Kimberley-where Australian Aboriginal communities have lived for tens of thousands of years.
From the early 1980s, when the first pink diamonds were revealed from the Argyle mine, they have been valued for their rarity, coveted by many, but owned by few. In the world of collectibles, Argyle pink diamonds are likened to works of art, hidden treasure, rare books and unique icons. They speak the language of exclusivity, desirability and collectability.
The Argyle mine produces 90 % to 95 % of the world's pink diamonds. Argyle pink diamonds will not continue in perpetuity. The number of carats being mined each year is drastically decreasing and as a result the mine will be closing in the coming few years. As a result, the Argyle pink diamond is rare, and growing rarer.
Prior to the 1980s, production of pink diamonds had been sporadic at best, from regions in India, Brazil, Africa and Indonesia. The commencement of the Argyle diamond mine in Western Australia in 1983 was therefore a watershed event for the global diamond industry.
Never before, and never since, has there been a diamond mine that consistently produces rare pink diamonds like the Argyle Diamond mine. Argyle pink diamonds-from a certifiable source and of a depth and range of colour never seen before-command the attention of the world's diamond connoisseurs, collectors and investors.
With virtually the entire supply of the world's pink diamonds being produced by the Argyle mine, the importance of this mine in the diamond industry is unparalleled. The closing of the mine in the next few years will be an historical event resulting in drastic increases in the value of pink diamonds.
Rio Tinto, the owner of the Argyle mine, retains all of its pink diamonds for cutting and polishing, with its finest manufactured by Argyle Pink Diamonds in Perth, Western Australia. The rarest and most exceptional of these diamonds are selected and sold once a year at the revered Argyle Pink Diamonds Tender, which typically features approximately 50 of the polished diamonds.
Argyle Pink Diamonds also manages the distribution of those diamonds not selected for the annual Tender. These stones, which come in the full range of pink hues and tones, are sold as loose polished diamonds to an exclusive group of master craftsmen known as Select Ateliers and Authorized Partners. Located across the globe, they have been carefully chosen to represent Argyle Pink Diamonds' brand values of rarity, beauty and luxury.
Control over the mining, manufacturing and marketing of pink diamonds from the Argyle Diamond Mine allows Argyle Pink Diamonds to offer a guaranteed chain of custody from mine to market, backed up with a certificate of authenticity.
For coloured diamonds, the "C" for colour outweighs the other Cs (clarity, cut and carat) in determination of value. Consequently it is important to understand how colour affects the grading, and therefore the price, of a pink diamond.
There are three important factors to understanding the colour of pink diamonds:
1 --HUE is the dominant colour of the diamond. Sometimes there are modifying colours or tints that affect hue.
2 --TONE is the amount of lightness or darkness in the diamond. The range of tone extends from light to dark.
3 --SATURATION is the strength or intensity of hue. The saturation of light in diamonds can vary from pastel to vivid and intense. The darker and more intense the colour, the rarer and more valuable the diamond.
The assessment and valuation of coloured diamonds involves the inspection of four main attributes known as "The Four C's": Colour, Clarity, Carat Weight & Cut..Read More...
Most financial analysts agree that it is imperative to include hard assets in your investment portfolio. There are many reasons that Coloured Diamonds are the hard asset class of choice...Read More...
• Fancy Coloured Diamonds have outperformed all other hard asset classes for many years.
• Fancy Coloured Diamonds are affordable and durable. They are the world’s most portable form of wealth. You can literally carry Millions of dollars in your pocket.
• Fancy Coloured Diamonds are recession proof. In times of great economic adversity Fancy Coloured Diamonds have continued to rise in value.
• From the time that the prices of Fancy Coloured Diamonds were first recorded, they have increased in value each and every year.
• Fancy Coloured Diamonds are a hedge against inflation.
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