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Leibish & Co., a supplier of natural fancy colored diamonds and jewelry, announced the upcoming presentation of a 3.37-carat, fancy intense pinkish purple VS2 diamond called the Purple Orchid.
Leibish & Co., a supplier of natural fancy colored diamonds and jewelry, announced the upcoming presentation of a 3.37-carat, fancy intense pinkish purple VS2 diamond called the Purple Orchid. The $4-million gem will be displayed to the public for the first time at next month’s Hong Kong Jewellery & Gem Fair.
The South African mine the diamond came from is one of only a few mines in the world that produce purple diamonds. Brazil and Russia are the only other two regions in the world where that color of diamond is found.
As quoted in the press release:
Our chief diamond buyer, Shmulik Polnauer, was informed that this unbelievable rough diamond had been found, and he flew to India to see it for himself. After four days of negotiations, the owners, who choose to remain anonymous, came to an agreement with Shmulik, and he bought it in the rough at a size of over 4 carats. After four months of carefully polishing the stone, the result is a once in a lifetime 3.37 carat Fancy Intense Pinkish Purple cushion shaped diamond with VS2 clarity, the color of a gorgeous radiant purple Orchid in full bloom.
Leibish Polnauer, president and CEO of Leibish & Co., commented:
The cause of purple in diamonds remains a mystery, which only adds to the glamour and attractiveness of diamonds like these. There is currently a huge demand for luxury items that are different and stand out, not something that everyone already has. There is nothing more unique on the market right now than color diamonds, and this incredible purple diamond is more than a cut above the rest. There are very, very few diamonds on the market above 3 carats with Purple as the main color, which is what makes this exquisite diamond so rare.
Click here to read the full Leibish & Co. press release.