The Argyle diamond mine in the East Kimberly region of Western Australia recently unearthed a 12.76-carat diamond which is touted as the biggest pink diamond to be ever found in the mine that also happens to be the world’s largest producer of pink diamonds. (more than 90 percent of the world’s pink diamonds come from this part) The diamond is expected to fetch at least $10 million and be named the Argyle Pink Jubilee. We have seen quite a few pink diamonds such as the Golconda Diamond ring and the pink diamond auctioned at Sotheby’s, but none of this size and stature.
The work of cutting and polishing has already started by an expert team appointed for the job, which will be followed by grading by a team of international experts, and it will finally be showcased to the world before being sold as part of the annual Argyle Pink Diamonds Tender later this year.
[Forbes]
