BAND ON THE RUN: Pink diamond ring stolen

Written By komlim puldel on Minggu, 28 September 2014 | 23.08

Missing ... a diamond ring worth more than $500,000 has been stolen from Theodore Bruce auctions in Alexandria. Picture: NSW Police Source: Supplied

A RARE diamond ring worth $577,000 has been stolen from a Sydney auction house.

The pink Argyle and white diamond ring was snatched from a display counter at Theodore Bruce Auctions and Valuers in Alexandria between 12.30pm and 1.25pm on Saturday, NSW Police said.

An attendant at the auction discovered the ring was missing and called cops.

About 100 people were inside the Ralph Street centre when the ring was stolen, police said.

Each of the diamonds in the ring is laser-inscribed with a serial number.

Police said they have not been able to acquire CCTV footage of the robbery.

Scene ... the ring was on display at Theodore Bruce Auctions in Alexandria. Picture: Googlemaps Source: Supplied

About 90 per cent of the world's pink Argyle diamonds are sourced from the Argyle Diamond Mine in the East Kimberly region in Western Australia.

In October 2013, a 2.51-carat fancy deep pink gem from the mine sold for more than $2 million — a record price for an Argyle diamond.

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