Australia is the home of the pink diamond. The Argyle diamond mine provides the world with the finest pink and red sparklers. And yet the Sotheby's Australia's upcoming April 12 sale of antique and contemporary jewelry marks the first red diamond ever offered for public auction in Australia. The stone in question is a 0.82-carat, fancy purplish-red Argyle diamond set into a ring with a pair of fancy blue diamonds all surrounded by brilliant-cut white diamonds mounted in platinum. The ring is estimated atbetween 700,000 and 1 million Australian dollars (between about $645,065 and $921,556), a testament to the rareness of the reds.
The sale also includes a double strand of graduated emerald beads accented with diamond-set rondelles, a sapphire and diamond ring and an emerald and diamond ring and a few examples of another Australian export, the black opal. Also up for sale is a Vertu mobile phone set with fancy pink and colorless diamonds, pink sapphires and rubies with 18-karat rose gold and a variety of Rolex, Cartier, Piaget, IWC and Breitling watches. Previews for the auction will be held in Melbourne on April 7 and 8 and in Sydney April 10, right up until the evening sale on the 12th.
The sale also includes a double strand of graduated emerald beads accented with diamond-set rondelles, a sapphire and diamond ring and an emerald and diamond ring and a few examples of another Australian export, the black opal. Also up for sale is a Vertu mobile phone set with fancy pink and colorless diamonds, pink sapphires and rubies with 18-karat rose gold and a variety of Rolex, Cartier, Piaget, IWC and Breitling watches. Previews for the auction will be held in Melbourne on April 7 and 8 and in Sydney April 10, right up until the evening sale on the 12th.
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