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Sotheby’s will probably be auctioning off probably the most beneficial pink diamond ever delivered to public sale in Hong Kong in June. Photo by John Angelillo/UPI
“The Eternal Pink,” was mined by De Beers in Botswana. Photo by John Angelillo/UPI
The diamond is predicted to fetch no less than $35 million at public sale. Photo by John Angelillo/UPI
“The Eternal Pink” is just the most recent in a sequence of pink diamonds which were auctioned off by Sotheby’s. In 2017, a pink diamond made $71.2 million. Photo by John Angelillo/UPI
The Eternal Pink was sculpted into an beautiful cushion minimize by artisans at Diacore. Photo by John Angelillo/UPI
March 29 (UPI) — Sotheby’s on Wednesday unveiled probably the most beneficial purplish pink diamond per carat ever delivered to public sale.
The diamond often known as “The Eternal Pink” will go up for public sale in Hong Kong this June and has an estimated worth of greater than $35 million “the highest price per carat estimate ever placed any diamond or gemstone,” the public sale home stated in a press launch.
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“This color is the most beautiful and concentrated shade of pink in a diamond that I have ever seen or has ever come to market. Sotheby’s is honored to behold this exceptional jewel and present it to the world this June,” stated head of Sotheby’s Jewelry Americas, Quig Bruning.
Discovered on the Damtshaa mine in Botswana and mined by De Beers, the ten.57-carat diamond can even problem the value per carat document set by The Williamson Pink Star, an 11.15-carat Fancy Vivid Pink Internally Flawless diamond, which bought for greater than $5 million per carat at Sotheby’s Hong Kong in 2022.
In 2017, Sotheby’s Hong Kong auctioned the CTF Pink Star, a 59.60-carat oval mixed-cut Fancy Vivid Pink, Internally Flawless diamond, that bought for $71.2 million, the present document for any gemstone bought at public sale.
The first public exhibition of The Eternal Pink will probably be held in Hong Kong from April 1-7, as Sotheby’s celebrates its fiftieth anniversary in Asia.
“This stunning diamond is the best of the best when it comes to exceptional pink diamonds and it is difficult to overstate its rarity and beauty,” stated Whenhao Yu, chairman of Jewelry and Watches at Sotheby’s Asia.
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