Leibish & Co., the world's premier online natural colored diamond company, announced today the addition of a fantastically rare 2.02-carat, SI2, fancy vivid purplish pink cushion-shaped diamond (graded by GIA) to its collection. The company plans to present this stone, it titled ''The Leibish Pink Promise'' to the public for the first time in this year’s HKTDC Hong Kong International Jewellery Show 2013, at booth 3FD07.
The colors in these diamonds are the main
attribute used to determine the value of these gem-stones. The purplish
pink hue happens to be one of the rarest colors available with an
extremely high market demand. “Given the impressive price performance of
both the important diamonds sold in the auction houses as well as
smaller diamonds traded among the general public, colored diamonds are
becoming much sought after investment options,” said Yossi Polnauer, the
CEO of Leibish & Co.
The origin of this fantastic gem was
the Kao mine in South Africa. Although such a large percentage of the
world’s pink diamonds emanate from the Argyle mine, it is rare to find a
diamond anywhere of this size in this color. Hence, the South African
origin makes it unique compared to other pinks of this caliber.
Polnauer, Leibish & Co.’s GIA graduated gemologist and chief
diamond buyer, won the rough pink in a Fusion Tender of the Kao mine,
held in Antwerp between November 5 and 9, 2012.
At first he
considered round and even a heart shape, but in the end felt that a
cushion yielded the best result. “It requires great expertise to
determine the right shape of an important stone. By cutting a heart
shape, we had fair chance to finish a 1.80-carat, with VS2 clarity. We
did not want to compromise on the color saturation and wanted to keep
the stone over 2 carats. This diamond is of the finest bubble gum color,
with some fresh reddish flashes in the face up. It compares well with a
vivid purplish pink from Argyle in its body color and luster.
spent over four months assessing and then polishing this 4.96-carat
rough pink diamond. We saw an enormous amount of potential and wanted to
ensure the world appreciates the outcome,” said Polnauer. “In addition
to buyers looking for truly unique pieces, we expect many investors to
show interest in this diamond due to its rarity and ability to
appreciate in value over time.”