Diamond engagement rings are available in a huge range of shapes and sizes, there are so many choices when it comes to deciding on the perfect engagement ring it’s no wonder most men find it a difficult decision to make. This week pink diamonds have been attracting a lot of attention as the Rio Tinto Argyle mine discovered it’s largest one to date, only 1 of the 66 largest diamonds in the world is pink, this highlights how rare the precious diamonds are and how exciting the find is.
The largest pink diamond ever found by mining company Rio Tinto is about to be cut and polished in a meticulous 10 day process. The 12.76 carat gem is to be known as the Argyle Pink Jubilee Diamond was found at Rio Tinto's Argyle mine in the east Kimberley region of Western Australia, this area produces a huge 90 percent of the world's supply of pink diamonds. The diamond is being cut and polished as a single stone by Richard How Kim Kam, who has worked for the company for 25 years. Maybe it will be incorporated in to a diamond engagement ring like the one Jennifer Lopez received from Ben Affleck which was a pink solitaire diamond engagement ring.
It is unknown how much the diamond is expected to fetch, but experts say pink diamonds attract on average 20 times the price of an equivalent white diamond, The price is determined by the intensity of the colour. Once the diamond is cut and polished it will be graded by a team of international experts and shown around the world, then it will no doubt be auctioned later this year. It is believed that the Argyle mine is set to close in 2016, which means the number of pink diamonds available will reduce dramatically.
For a huge selection of diamond engagement rings visit us at Mad About Diamonds, we have a wide selection that will dazzle any shopper, ranging from the very simple princess cut diamond engagement rings to the more elaborate shoulder set or multi stone diamond engagement rings for you to choose from.