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Historic Pink Diamond Find Focuses New Attention on Rare and Beautiful Gemstone The huge new pink diamond just lately found at the Argyle Diamond Mine in Australia is certain to carry renewed attention to this uncommon gemstone. The stone called the “Argyle Pink Jubilee” is 12.76 carats, the most important pink diamond ever found in Australia, and is expected to fetch up to $10.6 million when it's offered on the company's annual Pink Diamond Tender. Pink diamonds belong to a very exclusive membership – the category of colored diamonds referred to as “fancies” by the commerce. And, many gem connoisseurs consider vivid pink fancies as first amongst equals. Pinks first garnered attention again in the 1980s after they were found by the Argyle Diamond Mine Company. Previously, they had been virtually unknown. It's estimated that the Argyle mine sells up to ninety five% of the world's pink diamonds. And, the Argyle pinks are coveted for his or her intense shades of coloration ranging from delicate pastel rose to strong raspberry and full-blooded purple reds. Although some pink diamonds are sourced in India, Brazil and Africa, they're sometimes gentle in color and pale even further when compared to an Argyle pink.
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