21.6 C
Dubai
Thursday, March 27, 2025
spot_img

Sotheby’s to auction most expensive pink diamond in history

[ad_1]







Sotheby’s will auction the most valuable pink diamond ever in Hong Kong in June.Photo courtesy of John Angelillo/UPI
“Eternal Pink” is mined by De Beers in Botswana.Photo courtesy of John Angelillo/UPI
The diamond is expected to fetch at least $35 million at auction.Photo courtesy of John Angelillo/UPI
The “Eternal Pink” is just the latest in a string of pink diamonds to be auctioned by Sotheby’s. In 2017, a pink diamond earned $71.2 million.Photo courtesy of John Angelillo/UPI
The timeless pink color is sculpted by Diacore’s artisans into beautiful cushions.Photo courtesy of John Angelillo/UPI

March 29 (United Press International) — Sotheby’s on Wednesday announced the most expensive purplish-pink diamond per carat ever sold at auction.

The diamond, dubbed the “Eternal Pink,” will be auctioned in Hong Kong this June with an estimate of more than $35 million, “the highest per-carat estimate ever achieved for any diamond or gemstone,” the auction house said in a statement. said in. Press release.

advertise

A Sotheby’s official said: “This color is the most beautiful, intense pink I have ever seen or listed in a diamond. Sotheby’s is honored to see this extraordinary jewel and present it in June this year.” Presented to the world.” Jewelry of the Americas, Quig Bruning.

The 10.57-carat diamond, found at the Damtshaa mine in Botswana and mined by De Beers, will also challenge the per-carat price record set by Williamson’s Pink Star, where an 11.15-carat Fancy Vivid Pink Internally Flawless diamond sold for more than Sold at Sotheby’s Hong Kong in 2022 for $5 million per carat.

In 2017, Sotheby’s Hong Kong sold the CTF Pink Star, a 59.60-carat oval mixed-cut Fancy Vivid pink internally flawless diamond, for $71.2 million, setting a new record for a gem auction.

As Sotheby’s celebrates its 50th anniversary in Asia, the first public exhibition of “Eternal Pink” will be held in Hong Kong from 1-7 April.

Yu Wenhao, Chairman of Sotheby’s Jewelery and Watches Asia, said: “This stunning diamond is the pinnacle of extraordinary pink diamonds, and its rarity and beauty cannot be overemphasized.”

[ad_2]

Source link

Related Articles

Marco Rubio Strengthens Ties: U.S. Secretary of State to Tackle Immigration and Security in Caribbean Tour

Marco Rubio is set to embark on a diplomatic tour of the Caribbean, with scheduled visits to Jamaica, Guyana, and Suriname on March 26-27. The...

Alibaba Revives Hiring as Chairman Joe Tsai Warns of AI Bubble Risks in U.S. Market..

Alibaba Group has announced its decision to resume hiring, signaling renewed confidence in its growth trajectory following recent discussions with Chinese leadership. The announcement by...

Saudi Arabia Leads the Charge for Global Water Cooperation and Sustainability

Saudi Arabia is taking a proactive stance in advocating for global cooperation on water issues, highlighting the urgent need for sustainable water management practices...

Saudi Arabia Empowers Global Mining Giants: Landmark Exploration Licenses Drive Vision 2030 Prosperity

Saudi Arabia has awarded mining exploration licenses to both local and international firms, marking a significant step in its Vision 2030 strategy to diversify...

NASA Astronauts Sunita Williams and Barry Wilmore Safely Land After Pioneering ISS Mission

NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore have safely returned to Earth after an extended nine-month mission aboard the International Space Station...

Latest Articles