Barmakian Jewelers to Exhibit $5 Million in Rare Australian Pink and Red Diamonds

Barmakian Jewelers of Boston is one of five U.S. jewelers recently appointed under trademark license to sell the iconic Australian Argyle Pink Diamonds – the only fancy color diamonds with a guaranteed chain of custody from the source to consumers.

The company will showcase a selection of more than $5 million rare pink and red diamonds at all three of its stores this weekend, with the exhibit at the Framingham store on Saturday, Nov. 7.

Argyle Pink Diamonds are extremely rare miracles of nature and have fetched more than $1.5 million at public auctions.

These collectable pink diamonds originate in the remote East Kimberley region of Western Australia, and offer a spectrum and intensity of color that is unrivaled by any other pink diamond.

According to the Natural Color Diamond Association, natural pink color diamonds are extremely rare, approximately 0.02% of the Gemological Institute of America’s intake of diamonds.

Argyle Pink Diamonds manager Josephine Johnson said, “I am delighted to extend a very warm welcome to our new Select Atelier, Barmakian Jewelers. Their commitment to beautiful design and quality craftsmanship is a perfect fit with the rarity, beauty and luxury of Argyle pink diamonds.”

As part of the exhibition, Barmakian will showcase the following jewels:

• Argyle AZALEA - An incredibly saturated Vivid Pink pear-shaped Argyle pink diamond originating from the 2008 Signature Tender (Retail Price: $1.9 million)
• Red Flower Ring - A 0.48ct Purplish Red diamond flower ring (9)=2.70cts Pear Shape White Diamonds (Retail Price: $550,000)

More than 60 Signature pieces of jewelry containing Argyle pink diamonds ranging in price from $5,000 to $200,000 will be available at the Barmakian event and throughout the year.

“Our family has been in the jewelry business for more than 100 years and we have never seen pink diamonds like Argyle. We’re excited to show them to our clientele,” said Barmakian Jewelers president Ara Barmakian.