Diamonds are prized around the world for their rarity. A gem-quality diamond is already one of the most rare items found in nature. Of all coloured diamonds, one colour in particular is especially rare: a predominantly red diamond.
“Predominantly red” means that red is the primary colour with no secondary hues (like purple). In fact, red diamonds are so rare, that GIA records show that over a 30 year period from 1957 to 1987 there was no mention of a GIA lab report issued for a diamond with “red” as the only descriptive term.
That’s a rather remarkable statement considering the number of diamonds GIA’s nine global laboratories grade each year, and that GIA has graded many of the world’s most famous colored diamonds.
Adding to the mystique of red diamonds is the question of how they get their colour. GIA researchers, who have been studying diamonds for decades and have access to the most sophisticated equipment, are still not sure what causes their color. One explanation is that defects in the atomic structure that result from gliding (the slight movement of atoms along the octahedral direction) are partially responsible.
The Hancock Red is one of the most famous red diamonds. At the time of its sale in 1987 it was the most expensive per-carat gemstone ever sold at auction. The hammer came down at $880,000—a remarkable $926,315 per carat, eight times its pre-sale estimate.
The publicity generated by the selling price of the Hancock Red and other significant fancy colored diamonds at auction spurred interest in these rare stones around the world, particularly with celebrities. In addition, diamond cutters better understand how to fashion them to derive more intense colours in the finished polished stone.
The Moussaieff Red, another famous red diamond, is a modified triangular brilliant weighing in at 5.11 carats. It was included in the 2003 exhibit, “The Splendor of Diamonds” at the Smithsonian National Museum of Natural History. Four other diamonds in the exhibition dwarfed the Moussaieff Red, yet gemologists still regard it as a breathtaking specimen worthy of inclusion.
Last year, the Argyle Everglow, was the star of the 2017 Argyle Pink Diamonds Tender which is an annual exhibition of the mine’s rarest stones. The 2.11ct radiant shape diamond has been certified by GIA as Fancy Red with VS2 clarity.
This year at the 34th Annual Argyle Tender, The 2.28 carat oval-shaped Argyle Muse – the largest purplish red diamond ever discovered will be offered to select bidders across the globe.
Over the past decade The Argyle Mine has discovered more Red Diamonds than any other mining corporation, and this begs the question WHAT WILL HAPPEN TO THE ELUSIVE SUPPLY OF RED DIAMONDS ONCE THE MINE CLOSES IN 2020?
Rav's enthusiasm and passion is contagious! I have a lot of faith and belief in Rav and have no doubt that he will climb the ladder of success. My investment has had a life line of 6 months and whilst I acknowledge that this is a short time, I am more than satisfied with the way things are going.
It has been a pleasure working with Rav & his Group and I am excited about how far this company can grow over the next 5 years. A lot to look forward to.
Not much to complain about regarding this young man, I have followed his movements since 2012 and I am happy to see him pushing and progressing slowly towards his goals. Good luck to you Rav!
A gentleman in all aspects, Rav has treated me and my portfolio with the utter most respect. How many collectors can boast a rare gem portfolio that consists of a Red diamond?!! Rav has knowledge, confidence and reach, making him a very capable young man.
Happy with the way things are going, a little over 18 months in to my investment and no reason for complaints. I like the vision, the strategy and the enthusiasm that Rav brings to the table, making me feel confident about the future ahead.
Very easy going, considerate and polite. He has been very promising, hard working and supportive person. Rav's style of presenting his business portfolio and approach was never pushing. He understands both sides of the world and is keen on making sustainable stronger long term relationship with his clients. This type of qualities are very rare and unique.
I have had the pleasure of working with Rav over the past 4 years. Over this period Rav has helped shape my rare gem portfolio in to a world class profile. Rav is a man of insight, knowledge and market intuition. His services are highly recommended.
Rav is at the start of his journey, and I can see this young man building a formidable legacy over the next 20 years. His vision, understanding of the market and client requirement is a foresight that should not be underestimated.
I have been a client of Rav's since 2010, and also one of his first clients. I take great pride in watching this ambitious man grow and evolve. The fact that he is now the leading specialist in the field of rare gems, speaks volume of his contribution over the past 8 years.
Rav is the man of the moment over in the UK. His history, experience and strong performance in this sector is not to be underestimated. I would not hesitate to recommend Rav's services to anyone that may be looking to build a tangible portfolio of rare gems to place in to an investment strategy.
Rav is creative and passionate in his work and craft. I have been a client of his since 2016 & have enjoyed the journey.