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ALROSA presents a collection of pink diamonds from Russia that took 6 years to put together

15 february 2024

The Russian diamond mining company ALROSA, as part of its Diamond Exclusive program, is for the first time presenting a collection of 15 fancy pink diamonds produced in the country over the past six years.

The collection includes precious stones of different shapes and shades of pink. All of them were produced and cut between 2018 and 2023. The smallest stone is 0.40 carats, the largest one weighs 3.30 carats.

As the company notes, pink diamonds are among the rarest of natural-occurring stones. Of the 100,000 diamonds mined in the world, only one has a pink tint. At international auctions, the price of pink diamonds often exceeds $1 million per carat.

“On the eve of the March 8 [International Women's Day] holiday, we decided for the first time to present a collection of the rarest diamonds, which we have been collecting for several years. Today, very few mines in the world produce colored diamonds. This is especially noticeable in the case of pink diamonds following the 2020 closure of the Argyle mine in Australia, which for decades was the main source of pink diamonds on the world market. In Russia, pink diamonds are mainly produced from alluvial deposits in the north of Yakutia,” noted Elena Sukhoveyeva, head of the ALROSA Diamond Exclusive investment platform.

The collection of pink diamonds will be available for viewing at private shows in POSIÉ jewelry house in the Metropol Hotel building in Moscow from February 15. The auction will take place in April.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished