Even in the rarefied and exclusive world of diamonds, one diamond in particular stands out above all others and it is going to auction very soon…
Valued at more than $60 million the Pink Star diamond is expected to break sales records when it appears as part of Sotheby’s Jewellery Sale in Hong Kong on 4th April. The standing record for a pink diamond at auction is currently held by the Graff Pink, which sold for $46.2 million at Sotheby’s Geneva in 2010 but The Pink Star diamond is expected to far exceed this sales record.
The gem is the largest internally flawless fancy, vivid pink diamond ever graded by the Gemmological Institute of America, which when it was unearthed by DeBeers in Africa nearly 20 years ago, it was a staggering 132-carat in its rough, uncut form. After two years of work to shape it into a stunning oval mixed-cut it now weighs in as a beautiful 59-carat piece, still more than twice the size of the Pink Graff.
Rarely does such an item appear at the auction block, so all eyes of the world’s collectors, gem-lovers, traders and those who appreciated such fine things will be focused on the piece as it breaks new records and sets the benchmark for pink diamonds even higher.
Interested? Find more info here: Sotheby’s Hong Kong
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