Tapper's to Sell Rare, Australian Pink Diamonds

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A $10 million selection of pink and red diamonds will be showcased at Tapper’s Diamonds and Fine Jewelry showrooms — one of five U.S. jewelers licensed to sell the Australian Argyle Pink Diamonds.

“Argyle Pink Diamonds are extremely rare miracles of nature and have fetched more than $1.5 million per carat at public auctions,” says Mark Tapper, president of Tapper’s, with storefronts in Novi, Troy, and West Bloomfield Township.

Tapper says each diamond is more than .15 carats and is inscribed and sold with a gem identification document from the Argyle Diamond Mine in Australia, located in the East Kimberley region of Western Australia.

According to the Natural Color Diamond Association, natural pink color diamonds account for about .02 percent of the Gemological Institute of America’s intake of diamonds.

The collection includes a 1.45 carat pink diamond that costs $750,000; a super-saturated pear-shaped pink diamond ring for $1.9 million; and 25 pieces designed by Charles Krypell ranging in price from $5,000 to $200,000.

Tapper says Argyle Pink Diamonds have had strong consumer interest in Europe and Asia, and are just now making their debut in the U.S. market.