5 factual ‘gems’ we learned from coloured-diamond masterclass

Value of yellow diamonds is on the rise, while red diamonds are rarest, says Bonhams Hong Kong ahead of Rare Jewels and Jadeite auction on May 27
STYLE magazine was invited by Bonhams Hong Kong to attend a Masterclass on Coloured Diamonds and a preview of some significant pieces to be showcased at the Rare Jewels and Jadeite auction on May 27.
Here are five takeaways, based on what we heard from Paul Redmayne, Bonhams’ head of sale.
1. Yellow diamonds
After a dip in demand due to oversupply, yellow diamonds, especially vivid yellows, are picking up again in popularity.
Blue diamonds are also edging up.
2. Pink diamonds
The Argyle Diamond Mine in Western Australia produces between 90 per cent and 95 per cent of the world’s pink diamonds, but the mine’s diamond seams are depleting fast and it is set to be closed by 2020.
Large gem-quality pink diamonds from the mine are already in low supply.
This means pink diamonds will become increasingly rare.