Results of the Argyle Pink Diamond Tender 2012

The September Hong Kong Jewellery & Gem Fair is one of the biggest trade shows of the year. However, as exciting as the show is, especially this year since Leibish & Co. participated in the JNA Awards ceremony where Itzik Polnauer was a finalist for the Young Leader of the Year, each year something extra special takes place.


The Argyle Diamond mine which is situated in the Kimberley region in the far north of Western Australia, holds their exclusive Argyle Pink Diamond Tender during the September Hong Kong show. The invitation only event is attended by the most highly regarded diamond companies in the world. Known as the producer of the finest pink diamonds found in the market, Argyle saves their very best stones to tender off during this event.

 

Shmilik Louping Argyle Pink Diamonds at the 2012 Tender Diamonds of the 2012 Argyle Pink Diamond Tender Shmulik at the 2012 Argyle Pink Diamond Tender 

Shmulik Polnauer, Leibish & Co.'s GIA GG, Chief Diamond Buyer at the 2012 Argyle Pink Diamond Tender

    

The decision this year was to combine the annual Argyle Pink Diamond Tender with the Once in the Blue Moon Diamond Tender. As a result, there were more tender stones than usual, making the decision on what to bid for that much more difficult. This year’s tender, 2012, consisted of 56 Argyle Pink Diamond lots and 19 Argyle Blue lots bringing the total tender lots to 75. Each participant was allocated the time to view the diamonds and submit a single price. He, who submitted the highest price, wins. Since all companies that purchases a tender stone wants to still ensure they have the ability to sell the stone for its market value while keeping a fair profit margin, they don’t want to pay too high. Though, there is still the need to outbid all other contestants.


After winning six tender stones in 2011, six tender stones in 2010, and one in 2009, Leibish & Co. was hoping for excellent results. The company was delighted to learn that their chief buyer, Shmulik Polnauer a GIA GG, managed to acquire almost 25% of the tender stones offered!

 

I am proud and honored to have won such a large number of the tender stones offered, including Lot 57, the extremely rare colored Argyle Allure. From the results, I clearly saw the prices paid were quite high, meaning there still remains a very high market demand. Furthermore, the stones have not even arrived from the Argyle mine to our offices and already many of the stones won are already busy with clients” said Shmulik.

 

The most famous stone Leibish & Co. won in this year's tender is the Allure. A fantastically rare, 0.33ct, Fancy Gray-Violet, Heart-shaped diamond.

LOT 57 - The Argyle Allure

0.33 carat, Fancy Gray-Violet Argyle Diamonds

Below is a detailed list of all the 17 Argyle Tender diamonds of which Leibish & Co. are now the proud owners.

 

LOT

Carat Weight

GIA Color

Argyle Color

GIA Clarity

Shape

 

LOT 4

0.29

Fancy Purplish Red

1PP

SI2

Radiant

 

LOT 7

0.61

Fancy Vivid Purplish Pink

2PP

SI2

Round

 

LOT 8

0.29

Fancy Vivid Purplish Pink

1PP

I1

Round

 

LOT 28

0.53

Fancy Intense Purplish Pink

3PP

I1

Radiant

 

LOT 29

0.59

Fancy Intense Purple-Pink

3PP

SI2

Radiant

 

LOT 41

0.56

Fancy Intense Pink

4PR

SI2

Emerald

 

LOT 46

0.58

Fancy Intense Pink

4P

SI2

Emerald

 

LOT 48

0.50

Fancy Intense Purplish Pink

4PR

SI1

Emerald

 

LOT 54

1.04

Fancy Purplish Pink

6P

SI2

Round

 

LOT 56

1.04

Fancy Purple-Pink

7PP

VS2

Round

 

LOT 57

0.33

Fancy Gray-Violet

BL3+

SI2

Heart

 

LOT 60

0.33

Fancy Gray-Violet

BL3

I1

Round

 

LOT 61

0.56

Fancy Dark Violetish Gray

BL3

SI2

Heart

 

LOT 62

0.25

Fancy Violet-Gray

BL3

SI1

Heart

 

LOT 63

0.25

Fancy Dark Gray-Blue

BL3

I1

Emerald

 

LOT 68

0.31

Fancy Blue-Gray

BL2

VS2

Marquise

 

LOT 70

0.56

Fancy Blue-Gray

BL1

SI1

Heart

 

LOT 4 

0.29 carat, Fancy Purplish Red Diamond

LOT 7

0.61 carat, Fancy Vivid Purplish Pink Argyle Diamond 

LOT 8

0.29ct Fancy Intense Purple-Pink Diamond 

LOT 28 

0.53 carat, Fancy Intense Purplish Pink Argyle Diamond

LOT 29 

0.59 carat, Fancy Intense Purple-Pink Argyle Diamonds

LOT 41 

0.56 carat, Fancy Intense Pink Argyle Diamond

LOT 46

0.58 carat, Fancy Intense Pink Argyle Diamond 

LOT 48

0.50 carat, Fancy Intense Purplish Pink Argyle Diamond

 

LOT 54

1.04 carat Fancy Purplish Pink Diamond

LOT 56

1.04 carat, Fancy Purple-Pink Argyle Diamond

LOT 60

0.33 carat, Fancy Gray-Violet Argyle Diamond

LOT 61

0.56 carat, Fancy Dark Violetish Gray Argyle Diamond

LOT 62

0.25 carat Fancy Violet-Gray Diamond

LOT 63

0.25ct Fancy Dark Gray-Blue Diamond

LOT 68

0.31 carat, Fancy Blue-Gray Argyle Diamond

LOT 70

0.56 carat, Fancy Blue-Gray Argyle Diamond

 

For those involved with what happens in the trade and interested in general industry-related news, there is a lot of buzz that surrounds the Argyle Pink Diamond Tender. Argyle diamonds contain some of the most extraordinary colors and have an incredibly high market demand. Furthermore, as a result of their beauty and extreme rarity, Argyle diamonds are considered excellent investment opportunities in the market.

 

Shmulik Polnauer louping the 1.68-carat, Fancy Vivid Purplish Pink, Radiant-shaped diamond 

Shmulik Polnauer louping the Leibish Prosperity Pink Diamond. A 1.68-carat Fancy Vivid Purplish Pink, Radiant-shape


In addition to being a tangible, internationally recognized asset produced from a diamond mine that has already publicly announced their closure by 2018, Argyle diamonds exhibit investment characteristics that many other investments can only dream about emulating. It was no surprise the six stones won from the 2011 Argyle Diamond Tender were sold relatively quickly and the compaines Argyle diamond collection is one of their strongest points of sale.


6 Stones won from the Argyle Pink Diamond Tender 

Above are the 6 stones Leibish & Co. won from the 2011 Argyle Pink Diamond Tender.
From left to right:
1.71-carat, Fancy Intense Purplish Pink, Radiant - re-polished to a 1.68-carat, Fancy Vivid Purplish Pink, Radiant
 0.65-carat, Fancy Intense Purplish Pink, Emerald
0.66-carat, Fancy Vivid Pink, Oval
0.80-carat, Fancy Red, Oval
0.36-carat, Fancy Vivid Pink, Emerald
0.42-carat, Fancy Deep Pink, Emerald

 

Indulge yourself by browsing through the colored diamonds Leibish & Co. owns and consider participating in acquiring some of the finest diamonds the world has to offer.

 

Contributor: Benji Margolese

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