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The 3.37-carat Purple Orchid.



  Spectacular Purple Orchid diamond matches 2014 color of the year


October 2, 2014


It is by all counts a remarkable diamond - a 3.37-carat, VS2, fancy intense pinkish-purple stone that has been dubbed by its owner, the Israeli fancy color diamond specialist, Leibish & Co., the Purple Orchid.

Purple diamonds with such intensity and clarity almost never appear in nature. It was discovered at a mine in South Africa, which is one of handful of facilities worldwide known to yield diamonds that are purple in hue.

"The cause of purple in diamonds remains a mystery, which only adds to the glamour and attractiveness of diamonds like these," said Leibish Polnauer, president of Leibish & Co. "There are very, very few diamonds on the market above 3 carats with purple as the main color, which is what makes this exquisite diamond so rare."

When the company's chief diamond buyer, Shmulik Polnauer, was informed that a more than 4-carat rough stone that would a yield a polished purple gem was available, he flew to India to see it for himself. After four days of negotiations, he reached agreement with the owners, who choose to remain anonymous. The polishing process took three months, and it was then the true color was revealed.

Fortuitously, "Radiant Orchid" was selected as the Pantone Color of for the year 2014. " A captivating harmony of fuchsia, purple and pink undertones, radiant orchid emanates great joy, love and health," Pantone said when it announced the color last December.

Leibish & Co., which bills itself the world's premier online resource for natural fancy color diamonds, would be inclined to agree. The Purple Orchid has been valued at $4 million.

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