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Rare Pink Diamond on Auction



Rare pink diamond – Christie’s November sale

The largest rare pink diamond in its category will be auctioned this month at the Christine’s November sale in Geneva. The auction of ‘Magnificent Jewels’ on November 10 will present exceptional diamonds, rare colored stones, natural pearls of the highest quality and signed jewellery.

The 16.08 carat, which is the largest cushion-shaped fancy vivid pink diamond at the auction, is set in a ring surrounded with two rows of diamonds as a ‘step’ halo with another row of pink diamonds underneath.

The diamond was qualified by Gemological Institute of America (GIA) as a fancy vivid pink diamond. This means it has no traces of any other or secondary colour and its pink hue is pure. Most pink diamonds has a colour modifier like purple, orange, brown or gray. Having no trace of colour makes is rare 16.08 carat pink diamond a sought-after diamond by gem specialists. An international specialist at Christie’s said the rare pink diamond is expected to fetch between 23 and 28 million dollars (£15 to £18 million). This will be a record breaking for the auction house.

Pink diamonds have been selling for record prices in the last few years. In 2009, the 5 carat diamond was sold for over $2 million in Hong Kong, establishing a new per-carat record price for any pink diamond. In 2013 the pink Princie diamond, a 34.65 carat intense pink diamond, was sold for $39.3 million, which is more than £25 million. Although sold by Sotheby’s in 2013 The Pink Star, a 53.60 carat flawless diamond was auctioned at a record of $83 million.

Other jewellery to be auctioned on the day are an 1810 beautiful emerald and diamond fringe necklace. The necklace was belong to the Orléans family in France, the Aosta family in Italy and was finally part of the Cholmondeley collection in England. This is a special necklace for the exceptional quality of the emeralds and the delicate craftsmanship and it is estimate at $1.5 – 2 million.

If this Christmas you wish to purchase a colour diamond jewellery I can recommend a trusted source for diamond jewellery. Click on this link or on the image below.                                                                                                                                                                                                                  

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