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What a Beautiful Rare Diamond Ring!
The upcoming Sotheby's Australia's April 12 sale of antique and contemporary jewelry will be a significant one for the auction house. They will feature the first red diamond ever offered for public auction in Australia.
The 0.82-carat, fancy purplish-red Argyle diamond is set into a ring and is flanked by a pair of fancy blue diamonds in a round brilliant-cut diamond surround, all mounted in platinum. Its value is estimated at between 700,000 and 1 million Australian dollars (between about $645,065 and $921,556) and will be accompanied by a letter from Argyle Diamonds attesting to its rarity.
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