The Pink Diamonds Tender
Storage of Wealth since 1983
500% ↑ 2000 – 2020
Rare Australian Pink Diamonds
In 1979 a glittering pink diamond was discovered on top of an anthill in a remote part of the Kimberly wilderness in Western Australia. When the subsequent Argyle mine commenced production in 1983, this would be the beginning of an extraordinary story about the search for the very rarest of rare diamonds created over 1.6 billion years ago.
The Argyle Diamond Mine has produced over 90% of the world’s pink diamonds during the last 38 years. However, deposits were limited and the Argyle Diamond Mine ceased operations in November 2020. Whilst the demand and popularity of pink diamonds grows stronger supply from the world’s primary producer has come to an end.
They say that it would take twenty years to fill a crystal wine glass with the very finest pinks discovered at the Argyle Diamond Mine during its comparatively short history.
Yourdiamonds.com™ is honoured to have been appointed to conduct the First Public Sealed Bid Tender of Australian Pink Diamonds. We are proud to have been entrusted with mandates from the esteemed collector, Ms Di Fitzpatrick of Brisbane, a South Australian financial corporation and eight private collectors to offer for sale so many beautiful and rare pink diamonds all of which are appearing on the secondary market for the very first time.
Current Tenders
The latest announcements, news and information around fashion, finance, business and who’s who in the diamond industry.
q&a
Are pink diamonds going to increase in value?
You can arrange a private viewing at the Jewellery & Gem World Singapore Fair or in one of the following Australian capital cities, Sydney, Brisbane or Perth by appointment, subject to the usual requirements of KYC and personal identification.
We provide a money back guarantee that all the diamonds sold on our Tender platform are genuine. Our diamond specialists are respected industry veterans.
Independent Art industry lender artmoney.com will fund up to 50% of your purchase for up to 12 months interest free. In this instance the seller pays your interest costs. Enquiries tim.goodman @ yourdiamonds.com or +61 481 780 302
yourdiamonds.com™ can insure and store your diamonds for a modest fee paid monthly. This service may be of particular use to a SMSF.
q&a
What are my options to sell my pink diamond?
- Jeweller
You can ask a jeweller to sell your pink diamond on your behalf. They generally do not buy back diamonds rather, they prefer to take your diamond on consignment. You need to confirm that your property is covered by insurance whilst it is their care and custody. This process can take months or even years. It is not transparent as generally you are not able to determine the fee charged by the jeweller or the price they have sold the item for. - Auction
Auctioneers charge the seller a commission generally between 12 – 20%. Further, auctioneers charge the buyer a commission called a buyer’s premium. The buyer’s premium is is generally around 25% plus indirect taxes. This can compound a total of fees of more than 50%. Whist auctions are relatively transparent fancy-coloured diamonds are highly specialised and no auction house specialises in pink diamonds. - Tender
A yourdiamonds.com™ Public Tender specialises in pink diamonds and is backed by a team of coloured diamond specialists. The seller’s commission is 10% and the buyer’s premium is 10% totalling 20%, around 60% less expensive than the fees charged by auctioneers. The Tender diamonds appear in the Tender catalogue with videos and high resolution still images enabling prospective buyers to bid remotely.
Many pink diamonds from the Argyle mine do not have or are missing their original Argyle certificates. In this instance we will arrange a certificate of origin from the DELTA Diamond Laboratory in Perth, Australia to confirm that your diamond originated at the Argyle mine.
We collect from our sellers without charge.
Our Public Tender provides a highly cost-effective sales method that is transparent, customer focussed, fast and secure promoted by a global marketing campaign in the hundreds of thousands of dollars driven by our social media specialists in London, Sydney and Hong Kong.
The proceeds from the sale of your property are processed through a client trust account.
It is possible that your property may not sell. Around 70% of the lots in a Tender sell. Prices achieved are generally within the pre-Tender estimate. If your diamond does not sell, we can return it to your door or we can continue to try sell it by private treaty between Tenders. There are no hidden fees for items not sold.
Apart from the above there are no risks.
Past
Tenders
The latest announcements, news and information around fashion, finance, business and who’s who in the diamond industry.
The Argyle Diamond Mine provides the terminology used by the mine to colour grade pink diamonds produced by it.