The World’s Largest Rare Diamond – Argyle Pink Jubilee

By P Chong                                                                                                       Saturday, 25 February 2012

 Wikipedia –       Argyle Pink Jubilee

              Diamonds are a girl’s best friend. The bigger they are

the more treasured & pricy they become. Diamonds immediately

invoke in your mind such famous names as Marilyn Monroe, Elizabeth Taylor

right up to the Queen. What if they are rare and large

and of the unusual pink colour?

In its 244-year history Christie’s, the high-profile auction house, has only auctioned 18 polished pink diamonds larger than 10 carats. Large diamonds typically end in museums or or in the hands of the rich & famous.

Recently in February 2012, a lot of excitement has been generated by the finding of a rough pink diamond weighing 12.76 carats (2.55 g). It is the largest rough pink diamond unearthed at the Rio TintoArgyle diamond mine in Western Australia. It is called The Argyle Pink Jubilee.

The rough diamond – estimated to be worth millions – light pink in colour started its cut in Perth on 21 February 2012.The cutter is Richard How Kim Kam. The stone will be graded by a team of international experts. It will then be be sold by invitation-only tender.

It is similar in colour to The Williamson Pink, which is the diamond that Her Majesty The Queen received as a wedding gift and was subsequently set into a brooch for her Coronation. More than 90 per cent of the world’s pink diamonds come from this mine.

Expert diamond polisher Richard How Kim Kam has now started work in Perth on preparing the stone. Mr Kam, who will take about 10 days to cut and polish the diamond as a single stone, said “I’m going to take it very carefully. I know the world will be watching.”

When the diamond has been cut and polished it will be graded by a team of experts and showcased to the world before being sold later this year.

Argyle Pink Diamonds manager Josephine Johnson said “This rare diamond is generating incredible excitement. A diamond of this calibre is unprecedented – it has taken 26 years of Argyle production to unearth this stone and we may never see one like this again. The individual who gets to wear this remarkable pink diamond will be incredibly lucky indeed.”

 References

^Rare 12-Carat Argyle Pink Diamond Unearthed In Australia. Forbes. 21 February 2012

^Australia’s largest rough pink diamond unearthed. BBC News. 22 February 2012.

^ abRio finds ‘unprecedented’ 12.76 carat pink diamond in the Kimberley. The Australian. 22 February 2012.

^“Australia’s largest rough pink diamond unearthed”. BBC News (British Broadcasting Corporation). 22 February 2012. Retrieved 23 February 2012.

^ ab“Rio’s biggest pink diamond gets the cut”. The West Australian (West Australian Newspapers Limited). 21 February 2012. Retrieved 23 February 2012.

Acres of Diamonds

Russell Herman Conwell Title: Leaders of men; ...
Image via Wikipedia

By P Chong     3 March 2011

Life insurance agents & sales executives would have heard the story of “Acres of Diamonds” many a time. Personally, I must have repeated it hundreds of times to my team of sales force when sales volume needed boosting. It’s a powerful motivational story, simple to relate . . . mind to stir . . . hearts to fill & desire to arouse!

“Acres of Diamonds”, an American rhetoric, originated as a speech which Russell Conwell delivered over 6,000 times around the world. It was first published in 1890 by the John Y. Huber Company of Philadelphia.

The crux of the matter is that one need not look elsewhere for opportunity, achievement, or fortune – the resources to achieve all good things are present in one’s own backyard or community. Yonder field is not necessarily greener.

This theme is developed by an introductory anecdote, told to Russell Conwell by an Arab guide, about a man who wanted to find diamonds so badly that he sold his property and went off in futile search for them; the new owner of his home discovered that a rich diamond mine was located right there on the property.

The theme could be motivationally told through examples of success, genius, service, or other virtues involving ordinary folks in the audience: “dig in your own back-yard!”

This story alone helped Russell Conwell to establish Temple University & his other civic projects . . . with income derived largely from his “Acres of Diamonds”speech. It could do the same for you . . . help you sell more life insurance policies, sell more real estate, keep on building up your clientele & never run out of prospects!

Let us remember there is not a poor person who was not made poor by his own shortcomings . . .