Diamonds

HISTORY OF DIAMOND

From myths about valleys of diamonds protected by snakes, to the production of millions of carats in rough diamonds each year, the history of diamonds is one of mystical power, beauty and commercial expertise.

Early History

The first recorded history of the diamond dates back some 3,000 years to India, where it is likely that diamonds were first valued for their ability to refract light. In those days, the diamond was used in two ways-for decorative purposes, and as a talisman to ward off evil or provide protection in battle.

The Dark Ages

The diamond was also used for some time as medical aid. One anecdote, written during the Dark Ages by St Hildegarde, relates how a diamond held in the hand while making a sign of the cross would heal wounds and cure illnesses. Diamonds were also ingested in the hope of curing sickness. During the early Middle Ages, Pope Clement unsuccessfully used this treatment in a bid to aid his recovery.

The Middle Ages

During the Middle Ages more attention was paid to the worth of diamonds, rather than the mystical powers surrounding them. Due to the heightened public awareness of the value of diamonds, mine owners perpetuated myths that diamonds were poisonous. This was to prevent the mineworkers swallowing the diamonds in an attempt to smuggle them out of the mines.

The popularity of diamonds surged during the Middle Ages, with the discovery of many large and famous stones in India, such as the Koh-I-Noor and the Blue Hope. Today India maintains the foremost diamond polishing industry in the world.

As the Indian diamond supply dwindled, smaller finds occurred in Borneo and Brazil, but these were not sufficient to meet the ever-increasing demand for diamonds. The mid-nineteenth century discovery of diamonds near the Orange River in South Africa sparked the world's biggest diamond rush, and helped to satiate the world's increasing appetite for diamonds

Recent Times

During the mid-nineteenth century, diamonds were also being discovered in eastern Australia.

However, it was not until late 1970's, after seven years of earnest searching, that Australia's alleged potential as a diamond producer was validated.

On October 2nd 1979, geologists found the Argyle pipe near Lake Argyle: the richest diamond deposit in the world. Since then, Argyle has become the world's largest volume producer of diamonds, and alone is responsible for producing over a third of the world's diamonds every year.

TYPES OF DIAMONDS

Pink Diamonds

The pink diamond is the world's most rare and valuable diamond.The Argyle mine is the world's foremost source of unrivalled intense pink diamonds, producing 95% of the world's supply. However, an extremely small proportion of Argyle Diamonds production is Pink colour, in fact less than one tenth of 1% is classified Pink.

The legend of Argyle pink diamond has grown over the past ten years. At the 1989 Christie's auction in New York a 3.14 carat Argyle pink sold for $1,510,000. Privately, Argyle has sold pink diamonds for up to $1 million a carat

For years the white diamond was considered the world's most beautiful diamond, until the discovery of the Argyle mine heralded the arrival of the Argyle pink diamond. Never before had pink diamonds displaying such intense shades of colour been seen. The pink diamonds of India, Brazil and Africa were characteristically light in colour and paled even further when placed beside the intensely pink Argyle diamonds. The natural colour diamonds have in fact been around as long as the classical whites but in much smaller quantities and never in great demand.

The Argyle pink diamond comes in shades ranging from delicate pastel rose to robust raspberry and full-blooded purple-reds. The prices per carat are determined by the intensity of colour. Argyle selects only its most vibrant pink diamonds for polishing at its head office in Perth. There, the stones are polished in a wide range of cuts, such as round brilliant, marquise, oval and pear, to enhance their natural beauty. Polished pink diamonds are available in the same size ranges as traditional commercial sizes.

Once a year, Argyle Diamonds issues a special release of outstanding pink diamonds that are sold by special bids in the international and invitation-only, Pink Diamond Tender.

White Diamonds


White diamonds are produced by mines all over the world in a wide variety of shapes and sizes.The white diamonds recovered from the Argyle mine are particularly brilliant and of high quality.

White diamonds with secondary pink colour

The Argyle mine also produces white diamonds with secondary pink colour that command a higher price per carat. In an effect similar to that described of pink champagne diamonds, the white diamond will display slight to bold flashes of pink when viewed from the top. A higher price is commanded for pink secondary colour depending on its depth and strength, because pink is one of the most rare colours found in diamonds.

Champagne Diamonds

Champagne diamonds are naturally coloured diamonds that are produced in a wide range of colours from light straw to rich cognac.
The 4C's of colour, cut, clarity and carat weight apply to coloured diamonds just as they do to colourless diamonds except the intensity of colour, not lack of it, plays a greater part in the valuation.

Argyle Diamonds created the following scale specifically for champagne diamonds. The diamonds are graded on a C1-C7 colour scale. C1 and C2 represent light champagne, C3 and C4 medium champagne, and C5 and C6 dark champagne. The fancy cognac diamond is graded C7.

Pink Champagne Diamonds

Attractive champagne diamonds with secondary pink colour are also available and command a higher price per carat than champagne diamonds. These stones display slight to bold flashes of pink in their fire.
Argyle Pink Champagne Diamonds are available in three ranges of shades, from light pink champagne to medium and dark pink champagne.
As pink is one of the rarest colours found in diamonds, even secondary colours demand a higher price depending on depth and strength of colour.

Yellow Diamonds

Fancy yellow diamonds come in a broad range of shades ranging from light yellow to a rich canary colour.A limited quantity of fancy yellow diamonds is recovered from the Argyle mine.

Blue Diamonds

Fancy blue diamonds are available in a wide range of shades, from the blue of the sky to a more "steely" colour than sapphire.
Limited quantities of fancy blue diamonds are recovered from the Argyle mine.

Green Diamonds

Fancy green diamonds are also available. Usually, penetration of the colour is not very deep and is often removed during the fashioning of the stone.
A limited quantity of fancy green diamonds is recovered from the Argyle mine.

Diamond Simulants

Cubic Zirconia Cubic Zirconia (CZ) is the most commonly encountered diamond simulant. All commercial CZ is formed in laboratories however, it is also found in nature. In both its synthetic and natural forms, CZ is colourless but colour can be introduced. A thermal pen tester can quickly and easily detect CZ.
Synthetic moissanite Synthetic moissanite is a new diamond simulant to join the long list of products that imitate diamonds. Although moissanite is being marketed as a new unique, synthetic gemstone, some of its properties are close enough to those of diamonds to lead to confusion in the trade.
Natural moissanite was first identified in a meteorite crater at the beginning of the twentieth century however, most is produced synthetically as natural moissanite is very rare. Chemically, it is 'silicon carbide', also known as 'carborundum', which is widely used for abrasive purposes and for use in the electronics industry.
Synthetic moissanite is a diamond simulant like Cubic Zirconia however, it can be passed as a diamond by the widely used thermal pen testers because it has similar thermal characteristics to diamonds. However, it can be easily identified by other methods.