LIVING CORAM DEO
Wednesday, 22 November, 2017
Largest Pink Diamond Auction.

Largest Intense Pink Diamond Auction

Largest Intense Pink Diamond Auction.

‘The Raj Pink,’ the world’s largest known intense pink diamond, weighing 37.30 carats, is to be auctioned at Sotheby’s on 15 November 2017 in Geneva. Discovered and mined in South Africa in 2015, the rough crystal was studied with extreme precision during the course of one year before it was passed to the hands of a master cutter. The pink colour may be the result of a distortion of the crystal structure that has yet resisted the attempts of explanation by science. Pink fancy coloured diamonds are rare in nature, particularly those of large size. According to the GIA, the annual global pink-to-red diamond recovery could fit on the palm of one’s hand. The astonishing stone offered in this auction displays a combination of very bright and superb fancy intense pink colour. One can find different levels of colour intensity; the brilliance, hue and size of this precious gem are truly exceptional. The current record price ever achieved at auction for a diamond or any gemstone is ‘The Pink Star’: one of the world’s great natural treasures later renamed ‘CTF Pink Star’. This magnificent Fancy Vivid Pink diamond weighing 59.60 carats was sold at Sotheby’s Hong Kong in April 2017 for $71.2 million. The current record price per carat and for any Fancy Intense Pink diamonds was set by ‘The Graff Pink’ weighing 24.78 carats, sold in Sotheby’s Geneva in November 2010 for $46.2 million. Credit: Sotheby’s.

Read 17 November 2017 Update Here:

http://news.abs-cbn.com/business/11/16/17/worlds-largest-pink-diamond-fails-to-sell-at-sothebys-auction

Read Previous Article Here:

http://edition.cnn.com/style/article/raj-pink-diamond-auction/index.html

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