Elion Diamond Company

Elion Diamonds

FACT SHEETS

ELION

  • For generations, the Elion family has been involved in the diamond industry.
  • Over the past 50 years Elion has established a strong reputation as the pink diamond experts.
  • Elion is a key wholesale supplier for Argyle. The founder of the company, Lute Elion, was contracted by Argyle for his diamond expertise. A close working relationship continues today.
  • Elion stocks pink diamonds ranging from 200pc through to stones brought at the invitation-only, international Argyle tender.
  • The company has been involved with importing from Antwerp, New York and Tel Aviv.

PINK DIAMONDS

  • Their rarity and beauty make pink diamonds the most valuable and most sought after gems in the world.
  • The price per carat is determined largely by the intensity of the colour of the diamond.
  • The colour of the pink diamonds is determined at its creation, more than 2.5 billion years ago.
  • The best of Argyle’s pink diamonds are sold at tender - an invitation-only process in which a select few can offer private bids on chosen gems.
  • Argyle’s pink diamonds are judged according to Argyle’s own specific colour grading system.
  • At the 1989 Christie’s auction in New York, a 3.14 carat Argyle pink sold for $1,510,000 at Christie’s auction in New York in 1989.
  • Privately, Argyle has sold pink diamonds for up to $1 million a carat.