We're Offering a $10,000 Grant to Celebrate 100 Years and Help Another Baltimore Family-Owned Business Grow! Learn More

Baltimore (410) 837-0290
Washington, D.C./Chevy Chase (301) 718-4825
Northern Virginia (703) 714-9553
Go Back
Bling Central

12.76 Pink Diamond Unearthed in Australia

Feb 28, 2012

A 12.76 carat rough pink diamond was mined at a Rio mine in Western Australia.  This marks a record for the largest pink diamond ever unearthed in Australia’s history.

Early estimates anticipate that the diamond will command $10-$20 million dollars if it is sent to auction. Josephine Johnson, Rio’s Argyle Pink Diamonds manager, expects cutting and polishing to take approximately 10 days.

“A diamond of this calibre is unprecedented and generating incredible excitement – It’s taken 26 years of Argyle production to unearth this stone and we may never see one like this again.”

The pink diamond market is one that is described by the miner as “elite and discrete” with buyers including heads of state, royalty, celebrities and other high net worth individuals.

Demand for such rare pink diamonds have caused prices to skyrocket and are thought to be one of “the most concentrated forms of wealth on earth and well in excess of white diamonds,” according to Rio.

Read The Latest News From Samuelson's

 4 Jewelry Myths Debunked: The Truth Behind the Myths

May 2, 2022

With hundreds, even thousands of years of stories about gemstones and metals, it’s no wonder that there are some jewelry myths that continue to pervade our general understanding. Fortunately, we’re here to help you debunk them so you too can be an…

Read More

SAMUELSON’S DIAMONDS CELEBRATES 100 YEAR ANNIVERSARY

Apr 6, 2022

SAMUELSON’S DIAMONDS CELEBRATES 100 YEAR ANNIVERSARYEstablishes $10,000 Grant in Honor of Centennial to Help Other Baltimore Family-Owned Businesses Grow Samuelson’s to Host Celebratory Party at Peerce’s in May and Announce Grant Recipient BALTIMORE…

Read More

6.18 Carat Yellow Diamond Halo Eternity Band Ring

Mar 23, 2022

Many people know Samuelson’s for the gorgeous jewelry we sell, along with the vintage and estate pieces we purchase. But did you know that we also dabble in design when the opportunity presents itself? It allows us to flex our creative muscles and reimagine…

Read More

5 Reasons Why Rolex Watches Are So Expensive

Mar 23, 2022

What makes Rolex watches so expensive?  Chances are, you’ve heard of the luxury watch brand, Rolex. There’s the one watch made famous by Paul Newman - the Rolex Daytona. Or there's another watch made famous by Pan Am, the Rolex GMT. Rolex watches…

Read More

Stay In Touch

Shopping Cart

Search