Red diamonds are the rarest of all coloured diamonds. Due to their extreme rarity, it is very hard to get an idea of their value per carat as so very few pure red diamonds, (those without any secondary hues) have been discovered. Pure red diamonds are so rare in fact, that throughout a 30-year period from 1957 to 1987 there was no mention at all of a GIA lab report issued for a red diamond with no secondary hues. The largest red diamond in the world is named the Moussaieff Red. It was discovered in Brazil in the 1990s and weighs 5.11 carats.
Currently only around twenty to thirty true red diamonds are known to exist. Red diamonds with purple, brown or orange hues are slightly more common but are generally only found in small sizes. Nearly all of the red diamonds found today are sourced from the Argyle Mine in Western Australia. Last year, Rio Tinto, owners of the Argyle Mine unveiled the largest red diamond ever discovered from the mine. “The Argyle Everglow” is a stunning radiant cut diamond and weighs 2.11 carats.
Is time running out for the red diamond?
In 2020 the Argyle Mine is set to cease production for good. The mine currently produces over 90% of the world’s pink/red diamonds and its closure means that these rare and precious stones are likely to become incredibly scarce. Rio Tinto has been showcasing stones from its Argyle mine for more than 30 years and during that time, less than 20 carats of fancy Red certified diamonds have been sold. For investors this represents a huge opportunity. One we are hoping to capitalize on here at the Argyle Group by offering investors the chance to invest in our Argyle Bond. For more information please follow the link here.
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.