Love pink diamonds? A new rare pink diamond has hit the open market. Leibish & Co is debuting the Leibish Pink Promise, a 2.02 carat fancy vivid purplish pink diamond. The Fancy Vivid Purplish Pink Cushion-shaped Diamond with an SI2 GIA clarity to its collection. The company will present this stone to the public for the first time in this year’s HKTDC Hong Kong International Jewellery Show 2013, booth 3FD07.
“Given the impressive price performance of both the important diamonds sold in the auction houses as well as smaller diamonds traded among the general public, colored diamonds are becoming much sought after investment options,” said Yossi Polnauer, CEO of Leibish & Co.
The diamond comes from the KAO mine in South Africa. Although many of the world’s pink diamonds originate from the Argyle mine in Australia it’s rare to find pinks of the size anywhere, making this stone particularly prized.
Shmulik Polnauer, Leibish & Co.’s GIA graduated gemologist chief diamond buyer, won the rough pink in a Fusion Tender of the KAO mine, held in Antwerp between the 5th and 9th of November 2012. “At first I considered Round and even a Heart shape, but in the end felt that a Cushion would yield the best result,” said Shmulik.
Leibish Polnauer, the President of Leibish & Co. continued “it requires great expertise to determine the right shape of an important stone. By cutting a heart shape, we had fair chance to finish a 1.80-carat, with VS2 clarity. We did not want to compromise on the color saturation and wanted to keep the stone over 2 carats.”
When asked about the color, Polnauer’s response was that “this diamond is of the finest bubble gum color, with some fresh reddish flashes in the face up. It compares well with a Vivid Purplish Pink from Argyle in its body color and luster.”
The rough stone was 4.96 carats. ” We saw an enormous amount of potential and wanted to ensure the world appreciates the outcome,” said Polnauer. “In addition to buyers looking for truly unique pieces, we expect many investors to show interest in this diamond due to its rarity and ability to appreciate in value over time.”
The ‘Leibish Pink Promise’ is now available to the public for purchase. The price has not been disclosed.
