35 fancy colour diamonds of varying shades including pink, purple and red were exchanged for an undisclosed amount. The deal has been described as Tiffany & Co’s ‘largest single purchase’ of the year. Image: Tiffany & Co.

Victoria Reynolds, Tiffany & Co Gemmologist

35 fancy colour diamonds of varying shades including pink, purple and red were exchanged for an undisclosed amount. The deal has been described as Tiffany & Co’s ‘largest single purchase’ of the year.

Just how the diamonds will be used is reportedly yet to be determined. The collection will be shown to clients in the US and in Qatar in the coming weeks. Image: Instagram.com/tiffanyandco

35 fancy colour diamonds of varying shades including pink, purple and red were exchanged for an undisclosed amount. The deal has been described as Tiffany & Co’s ‘largest single purchase’ of the year. Image: Tiffany & Co.

Tiffany & Co officially announced its acquisition on Instagram on the 25 January. Image: Tiffany & Co.