RARE PINK DIAMOND TO FETCH OVER $35 MILLION AT AUCTION
A 10.57-carat diamond could become one of the most valuable gems ever sold when it goes under the hammer in June.
The Eternal Pink was discovered at De Beers’ Damtshaa mine in Botswana four years ago. Upon discovery, it weighed 23.87 carats, more than twice as much as it does now.
Over a six month period, polishers at Diacore shaped the diamond into a cushion cut with the aim of better showcasing its “purplish pink, bubblegum” colour.
Sotheby’s New York believes the diamond will fetch more than $35 million.
Quig Bruning, Sotheby’s head of jewellery for the Americas, said in a statement that this gem is the most vivid pink diamond to ever come to market.
“This colour is the most beautiful and concentrated shade of pink in diamonds that I have ever seen.”
Mining.com reports that the flawless rock also carries the highest price per carat estimate placed on any diamond or gemstone ($3.3 million), according to Sotheby’s.
Interested to see it before it goes on auction? The Eternal Pink will be on display at Sotheby’s Hong Kong from 1 to 7 April. After that, it will go on tour and be displayed in Dubai, Singapore, Shanghai, Taiwan and Geneva.
Image credit: Today