J Farren-Price's lotus design for the Argyle Lotus diamond ring is set in 18-carat rose gold, with petals unfurling from a 0.12-carat blue diamond, symbolising water. It also features 3.34 carats of fancy colour pink diamonds paired with 3.8 carats of white diamonds.

Julian Farren-Price, J Farren-Price

The ring was created as a part of Rio Tinto’s Argyle Pink Diamonds Icon Partner program, launched to celebrate the world’s most valuable diamonds through excellence in craftsmanship and design.

The Argyle Lotus will be available for sale for $AU930,000 through J Farren-Price’s store in Sydney

The lotus design is set in 18-carat rose gold, with petals unfurling from a 0.12-carat blue diamond, symbolising water.

The significant pink diamond acquisition is said to be a 'dream come true' for J Farren-Price.