Sotheby’s auctions a purplish-red Argyle diamond for the first time in Australia

Colored diamonds are a bigger rave than the crystal clear ones. There was the famous ‘Titanic Blue diamond’, the vivid pink, the black, the purplish pink, the big green, even cognac colored diamonds and rare natural colored diamond were up for grabs! And now Sotheby’s Australia is all set to put a 0.82-carat purplish-red Argyle diamond under the hammer. The stunning stone is encrusted between two dazzling round cut blue diamonds and is mounted in a platinum ring. This ring will mark the first red diamond to be offered for public auction in Australia. The valuation of this beautiful piece of jewelry is said to be between $645,065 and $921,556. The ring will come along with a letter from Argyle Diamonds for ascertaining its genuineness and rarity.

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Other highlights of the auction include more precious stones, like a platinum and 10.07carat heart-shaped diamond ring valued between $313,207 and $386,870 and a bejeweled Vertu mobile phone studded with fancy pink and colorless diamonds, pink sapphires and rubies in 18-carat rose gold valued between $27,633 and $46,055.
[NationalJewelerNetwork]