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Public tender of Australian pink diamonds announced

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A Sydney-based technology start-up is searching the globe for pre-owned Australian pink diamonds to be included in a Public Tender conducted in late June.

Believed to be a world first, the tender will include rare pinks originating from the Argyle Diamond Mine consigned by a finance company, private collectors and investors. The promotoris offering the jewellery trade an introductory commission to introduce selected Australian pinks belonging to their private clients.

YourDiamonds.com is the brainchild of Tim Goodman the founder of Bonhams & Goodman and the former Executive Chairman of Sotheby’s Australia, once the largest jewellery auction enterprise in the southern hemisphere.

“We are making a much-needed secondary market for Argyle pinks as re-selling these valuable stones can be problematic,” said Tim Goodman.

Yourdiamonds.com boasts jewellery royalty on its Board including the former Executive Vice President of Tiffany & Co, James Fernandez and Her Highness Shaikha Dheya bint Ebrahim Al Khalifa and lists Macquarie Bank former property director Bill Moss amongst its backers.