Last week, we chatted with Michael Neuman about why he believes a particular pink diamond 'Magenta' from the Mondial collection is the best round pink diamond currently available for sale in Australia (and possibly the world).
To answer this, Michael first points out some pink diamond “facts”
When looking at the past 5 Argyle Pink Diamond Tenders (2009-2013), there were 268 rare pink diamonds offered. Of these, only 13 individual diamonds were the most valuable shape (round) and the rarest and most precious colour grade, 1PP/Red (from Argyle) or Vivid/Red/Purplish Red (from the G.I.A.).
The highest clarity grade of the 13 diamonds in this select group was SI1 and only 1 diamond was awarded that – this remarkable Pink named 'Magenta' from the Mondial collection.
Mondial presents (drum roll please)….the one, the only, the incomparable, Lot number 9 (Mondial Magenta) from the Argyle Pink Diamonds Tender of 2011.
Set as part of a beautiful piece of jewellery, or simply to own as a treasured family heirloom, please speak with the team at Mondial about how you can take this amazing diamond home. Mondial believe this pink is one of the best 1PP rounds to be offered in the last 20 years.
* Please note images not to scale.
The extremely popular 'Valentines Day' competition was run in conjunction with The Queen Victoria Building and asked the question “What will you give the one you most Adore?” Emma and Stephanie’s answers were chosen from hundreds of great responses. Michael Neuman from Mondial said ‘We were overwhelmed with the amount of creative entries. It was hard to just pick two winners.’
The limited edition (only 50 will ever be made) ‘Adore’nament ring showcases either a pink or white diamond set in an 18ct Gold heart ‘Adore’nament and band. Both ladies were excited to pick up their prizes this week. The staff at Mondial would like to thank all of the entrants for their interest in this unique adore ring design and wish all the best to the deserving winners Emma and Stephanie. To keep informed of Mondial's latest news and competitions, please keep in contact via this Latest News section on our website or Facebook www.facebook.com/mondialpinkdiamond
For enquiries or to purchase your own ‘Adore’nament ring, Contact Us.
Main Image: Emma receiving her ring from Jacob Neuman at Mondial’s QVB store.
Below: Stephanie collecting her prize from Michael Neuman at Mondial’s QVB store.
A rare pink diamond is the ultimate limited edition. The most sought-after pink diamonds in the world fetch prices of up to 50 times higher than white diamonds. Each one might be the size of a pea – the largest ones rarely exceed two carats – but they regularly top $1million a carat. These tiny objects of beauty – and of nature – have a history of defying the recession. In 2010, diamond mogul Laurence Graff bought a pink diamond at Sotheby’s for a staggering $45.6million, breaking all previous records for a gem sold at auction.
Read about Mondial Pink Diamond Atelier in the Winter 2012/13 edition of INLondon magazine.
From Associated Press
The Archduke Joseph Diamond was the first of two out-of-this world diamonds being auctioned off this week in Geneva.
Sotheby's will also auction what it calls an exceptionally rare fancy deep blue briolette diamond of 10.48 carats expected to get up to $4.5 million.
Christie's kicked off Geneva's jewelry auctions, held in five-star hotels along the Swiss city's elegant lakefront, that seem a continent if not a world away from the grim austerity gripping much of Europe.
The Archduke Joseph Diamond went for $21,474,525 including commission at Christie's auction. That was well above the expected $15 million and more than triple the price paid for it at auction almost two decades ago. The 76.02-carat diamond, with perfect color and internally flawless clarity, came from the ancient Golconda mines in India.
The seller, Alfredo J. Molina, chairman of California-based jeweler Black, Starr & Frost, said immediately afterward that there were two main bidders and that he was delighted with the result. Molina said the winning bidder, who wished to remain anonymous, is going to donate the diamond for display at a museum.
"It's a great price for a stone of this quality," Molina told The Associated Press. "It's one of a kind, so it's like saying 'Are you pleased when you sell the Mona Lisa?' Or 'Are you pleased when you sell the Hope Diamond?' It's all what the market will bear, and the stone sold for a very serious price."
Named for Archduke Joseph August of Austria, the great-grandson of both a Holy Roman emperor and a French king, the diamond passed to his son, Archduke Joseph Francis, who put it in a bank vault, then to an anonymous buyer who kept it in a safe during World War II. From there it surfaced at a London auction in 1961, then at a Geneva auction in 1993, when Christie's sold it for $6.5 million.
It wasn't the only mega-diamond to go under the hammer at Tuesday's auction in the hotel room packed with well-heeled bidders. Beneath a row of three enormous chandeliers that cast panther-like shadows on the ceiling, the participants eagerly pounced at the jewels while competing with bidders from around the world calling in to Christie's employees seated in rows on both sides of the room.
But perhaps the buyers weren't entirely immune to the harsh financial climate in Europe - or at least some Geneva version of it. Two plus-sized diamonds did not sell Tuesday night. A yellow diamond with 70.19 carats failed to sell because the final bid was 2.8 million Swiss francs, just slightly below the reserve price. A 12.16 carat pink diamond didn't sell because the final bid was 1.8 million francs, well under the reserve price.
On Wednesday, in addition to the blue briolette diamond, Sotheby's also is putting on the block a conch pearl, enamel and diamond Cartier bracelet that formerly belonged to Queen Victoria Eugenia of Spain that's expected to sell for up to $1.4 million.
The Archduke Joseph Diamond joins a long list of other fabulous jewels, watches and other luxury goods sold in Geneva. Here's a look at the city's most eye-popping diamonds put up for auction in recent years:
In May 2012, Sotheby's sold the 34.98 carat Beau Sancy diamond to an anonymous bidder for $9.7 million. Marie de Medici had worn it at her coronation as Queen Consort of Henry IV in France in 1610. Then the diamond passed among the royal families in France, England, the Netherlands and Prussia. It was sold by the Royal House of Prussia.
Sotheby's also sold for $3.87 million the Murat Tiara, a pearl-and-diamond tiara created for the marriage of a prince whose ancestors included the husband of Caroline Bonaparte, Napoleon's sister. Christie's auctioned off a 32.08-carat Burmese ruby and diamond ring that sold for $6.7 million, a world record price for a ruby sold at auction.
In November 2011, the Sun-Drop Diamond of South Africa, a giant pear-shaped yellow gem weighing 110.3 carats, sold for more than $10.9 million at auction, beating previous records for a jewel of its type. Including commission, the unidentified telephone bidder paid almost $12.4 million for the gem. Other lots at the $70 million sale included a white cushion-shaped diamond weighing 38.88 carats that sold for almost $7 million, including commission.
In May 2011, Christie's fetched $10.9 million for a 56-carat heart-shaped diamond that was internally flawless and $7.1 million for a 130-carat Burmese sapphire. Sotheby's got $12.7 million for a rare emerald-and-diamond tiara that a fabulously wealthy German prince, Guido Henckel von Donnersmarck, commissioned for his second, Russian-born wife around 1900. An intensely pink 11-carat diamond from the mines of India sold for $10.8 million.
In November 2010, a rare pink diamond smashed the world record for a jewel at auction, selling for more than $46 million to well-known London jeweler Laurence Graff. Four bidders competed for the pink diamond, which was last sold 60 years earlier by New York jeweler Harry Winston. The seller chose to remain anonymous. The 24.78-carat "fancy intense pink" diamond immediately became known as "The Graff Pink."
Last Friday, the team at Mondial were thrilled to give away a $12,000 Vivid Yellow Diamond Ring as part of the “Win a Vivid Diamond” competition, in conjunction with the QVB and Vivid Sydney Festival last month. Our excited winner, Sophie, was in London on holiday when news arrived of her big win. "I woke up in the morning and saw the email and could barely believe what I was reading. It all seemed very far away and unreal - I couldn't believe my luck. It felt like a dream. It has definitely made any post holiday blues fade away."
Being very fond of Yellow Diamonds, Sophie was eager to enter the competition "I have always loved yellow diamonds and so I knew this was the competition for me. It was lucky that the terms and conditions said you could only enter once, otherwise I would have sent in 12,000 entries!"
Sophie explained that she felt "very blessed to receive such a beautiful ring".
We certainly feel that the ring really suits Sophie and definitely looks great on her.
The team at Mondial would like to thank everyone who entered the competition and congratulate Sophie on her new piece of gorgeous jewellery.
"It's glamorous and portentous and billions of years old ... everything you want in a diamond," says Michael Neuman, co-director of jeweller Mondial Pink Diamond Atelier.
After being unearthed in Rio Tinto's Argyle diamond mine in Western Australia last August, the diamond was originally destined for sale at an annual invitation-only tender.
But it was only capable of being partially cut and polished and was cut down to 8.01 carats, weighing 1.602 grams.
The diamond is the largest found in the 26-year operation at the Argyle mine, which produces virtually the entire supply of the world's pink diamonds. Pink diamonds are already considered a rare commodity, comprising less than 0.03 per cent of global diamond production.
About 75 per cent of Argyle pink diamonds are less than a quarter of a carat and can fetch roughly $100,000-$200,000 each.
But there's no putting a pricetag on the pink jubilee. It's simply priceless, Mr Peever says.
Rio Tinto has donated the diamond to the Melbourne Museum, where it will remain everybody's best friend.
Well, if diamonds are a girl's best friend what would that make Australia's biggest ever pink diamond?
Australia’s biggest pink rough diamond has been unearthed in the East Kimberley.
The 12.76 carat sparkler which was discovered at the Rio Tinto Argyle mine is among the largest and most valuable pink diamonds in the world. The rarest of diamonds, pink diamonds are known to fetch about $1 million per carat on the market.
The diamond which will be known as the Argyle Pink Jubilee is a light pink in colour, similar to the Williamson Pink, a diamond given to Queen Elizabeth as a wedding gift.
In the next few weeks the diamond will be polished and graded by a team of international experts and showcased to the world before being sold as part of the Argyle Pink Diamonds Tender later this year. Argyle Pink Diamonds Manager Josephine Johnson said royalty and celebrities will be among those bidding for the one of a kind diamond.
2012 will be an exciting year for Mondial with Nadia currently developing her award winning design “Tyger, Tyger” which will be unveiled in the ‘Red Carpet Celebrity Suite’ at the 2012 Oscars in L.A. This amazing design won the Rio Tinto Global Design “Sustainable Jewelry Master Craftsman" award. Listen to Nadia speaking about 'Tyger, Tyger' on our Videos page.