Friday 2nd April 2010

Fancy Purplish Red Diamond Goes on Auction in Australia

Sotheby’s Australia will offer 250 lots of antique and contemporary jewelry at an auction this month, including a 0.82-carat oval-cut fancy purplish red-color diamond. The diamond was mined at Australia’s Argyle mine and is expected to fetch $0.76-$1.1 million. The diamond is set in a platinum ring, between a pair of fancy blue diamonds.


This is the first red diamond to ever be offered for public auction in Australia.



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