Million-dollar Argyle Pink Diamonds are set to shine under the hammer

With the looming closure of the world’s largest coloured diamond mine, Western Australia’s Argyle mine, the value of pink diamonds is set to skyrocket!

Though pink diamonds can be found around the world, the largest and most reliable supply is located in the famous Argyle mine in Western Australia which was discovered in 1979.

Their annual production of pink diamonds, just over half a carat, would fit in the palm of your hand. The larger rare violet diamonds would barely fill a teaspoon. This proves that these diamonds are so coveted for good reason!

It is responsible for approximately 90% of the world’s supply of pink diamonds, but because of the very limited supply leads to high value, not to mention the Argyle mine will be closing for good this year.

Now is the time to snap up a pink diamond before they become even more few and far between.

Investment is the name of the game

The pink diamond is one of the rarest diamonds in the world and is gaining enormous interest as coloured diamonds are becoming increasingly popular for investment purposes.

The closure of Rio Tinto’s Argyle Mine in Western Australia has hit news headlines worldwide and has prompted much discussion around the value of investing in coloured diamonds.

Certified natural fancy vivid pink diamonds are the most expensive diamonds on the market at 20 times the price of a white diamond.

In a 2018 auction, a Pink Legacy diamond sold for nearly $70 million setting a world record price.

We will always want what we can’t have, so the rarity of pink diamonds means human nature makes them in high demand and consequently, worth more money!

We have had a huge amount of interest in our Argyle pink diamond pieces from both Australian and international investors.

Where can you find certified pink diamonds?

Our Fine Art and Luxury auction features high end pieces from loose pink diamonds to Rolex watches so you can easily find the best pieces we have to offer.

Prestige jewellery is intriguing elegance and grace; the top shelf of the jewellery world.

This curated auction encompasses our highest quality jewellery from Queensland and New South Wales, to create the auction you have been waiting for.

This auction also features rare banknotes, collectable Penfolds Grange wine and Louis Vuitton accessories amongst an extensive range of fine art from renowned artists such as Pro Hart, Emily Kame Kngwarreye, and Sidney Nolan.

With nationwide shipping available, there has never been a better place to pick up the most beautiful bargains than Lloyds Auctions!

Want to be the first to know about prestige jewellery auctions? Simply pop your email below and we’ll send an alert straight to your inbox!

Matt Kalinski

Head Of Valuations

Qualifications & Affiliations

American Society of Appraisers Candidate Member

Certified Practicing Valuer AVAA


Matt has been in the valuations space for many years and has extensive experience in the space across an abundance of various industries. He now leads the valuations teams for Lloyds Auctions with a passion for encouraging his team to set and achieve high goals and produce great results for the company whilst growing the team’s skills starting with a great culture and team mindset.