/R E P E A T -- Rare Red Diamonds and Asian Art to set another first at Toronto auction/

Media Preview, Monday May 28th, 11am

TORONTO, May 24, 2012 /CNW/ - With the world's economy unstable, many investors are looking to gems and art, considered a safe longterm investment. Canada's foremost jewellery auction house,  RITCHIES, has secured rare red diamonds and Asian art in an exceptional lot of items in their next Toronto Auction. Media exclusive preview May 28th. The Park Hyatt Hotel will once again host this special auction that will see historical firsts on June 3rd.

On display for Media viewing Monday May 28th:

Over $2 million expected for Argyle Red Diamonds

A collection of 3 matching Red diamonds has not been offered for sale at any auction or private sale. Such stones, each inscribed and certified by the Argyle mine of Australia and the Gemological Institute of America, are offered for public sale for the first time. Red diamonds are known to be the rarest and most prized acquisition for any connoisseur or collector of coloured diamonds.

Millions of dollars expected for extraordinary Asian Art

Asian art is the highest performing art in the world right now due to the Asian boom.  Items include a rare porcelain bowl from the 1400's, valued at over $1million.  A black rhino horn over 150 years old,  and authentic Ming vase valued at over $200,000.

About RITCHIES:

With offices in Toronto, New York and Hong Kong, RITCHIES holds over 20 auctions each year to a broad national and international market. Our buyers include leading collectors, dealers, designers, curators and discerning private individuals who have come to trust our expertise, experience and in-depth market knowledge.

EVENT DETAILS:
RARE DIAMONDS AND ASIAN ART UNVEILED AT MEDIA PREVIEW
MONDAY MAY 28TH PARK HYATT HOTEL, 4 AVENUE ROAD
11:AM

Questions/RSVP [email protected]
For preview and full catalogue visit www.ritchies.com