Yve Chan, founder of Hong Kong’s Dawn Jewellery and Sunsmith, has got his hands on some highly-coveted pink diamonds that were sold by Rio Tinto in its final Argyle diamond sale late last year.
Mining group Rio Tinto showcased its final Argyle collection of rare pink, red, blue and violet diamonds in October. Activity ceased at the mine in November 2020 and its closure has caused speculation over the secondary market for its pink diamonds, given prices have appreciated by about 500% over the last 20 years.
Chan has designed 20 crane-shaped brooches with his pink diamonds, which are set in 18-karat gold alongside pockets of jadeite. Throughout Chinese history, the crane has embodied longevity and loyalty, and Chan has based his designs on the renowned ancient Chinese painting Auspicious Cranes, which was created by Emperor Huizong (1082—1135), the eighth emperor of the Northern Song dynasty.
Here, Chan teaches Tatler five things about pink diamonds…
1. Over 90% of pink diamonds come from the Argyle Diamond Mine
"Prior to the 1980s, production of pink diamonds had been sporadic, and limited to regions in India, Brazil, Africa, and Indonesia. The commencement of the Argyle Diamond Mine in Western Australia in 1983 was subsequently a watershed event in the global diamond industry. It remains the only consistent source of over 90% of pink diamonds globally. "