'World's Most Expensive' Pink Diamond Sold by Sotheby's for $ 46 Million

[Kid Loco]

Certainly not art, but nonetheless as "investment" probably deserves attention >

K-L

Sotheby's to sell important pink diamond
 
 
Вложение 1243423
 
GENEVA, April 20, 2011 - Sotheby's Geneva said that it will present an important pink diamond, weighing 10.99 carats in its sale of Magnificent & Noble Jewels on 17 May 2011, six months after the record breaking sale of the 'Graff Pink' - the most expensive diamond and jewel ever sold at auction.

David Bennett, Chairman of Sotheby's Jewellery Department for Europe and the Middle East, said, "I do not remember the market for coloured diamonds to have ever been as strong as it is today.

"This was underlined by the unprecedented results of our last November sale and undoubtedly influenced the owner's decision to sell this beautiful pink diamond which has not appeared on the market for over 30 years."

This superb stone, mounted as a ring, has been graded "fancy intense pink", natural colour and VS1 clarity by the Gemological Institute of America.

It has been further assessed to be part of a very rare subgroup of diamonds known as type IIa and comprising less than 2 percent of all of the world's gem diamonds.

Stones in this group are chemically the purest of all diamond crystals and often have extraordinary optical transparency.

The beauty and rarity of this outstanding diamond also lies in its cut and shape. It features a classic emerald cut, a style of cutting normally associated with white diamonds and immensely sought-after when found in the rare colours such as pink and blue.

Estimated at CHF 8.3-14.8 million ($ 9-16 million), this stone is being offered for sale from a private collection and has not appeared on the market for more than 30 years.

Pink diamonds have been prized for their rarity and spectacular beauty ever since they were first discovered in the mines of India centuries ago.

Famous examples include some of the greatest diamonds in history, such as the legendary 'Darya-i-Nur' - the principal gem in the Crown of Iran; the 'Agra' - an historic Indian diamond; the 'Hortensia' named after Hortense de Beauharnais, Napoleon's stepdaughter and now in the Louvre collection; and the celebrated 'Williamson' offered to Queen Elisabeth as a wedding present.


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Those who do not follow jewelry auction, I remind that last October:
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'World's Most Expensive' Pink Diamond Sold by Sotheby's for Record-Breaking $ 46 Million

Вложение 1243433

A model poses with the 24.78-carat pink diamond during a Sotheby's auction. Photo: Fabrice Coffrini /AFP /Getty Images

Way to steal Kate Middleton's thunder, Sotheby's.

While the rest of the world was drooling over the future royal's luxe sapphire engagement ring, the auction house made jewelry history by selling a pink diamond for a record 29 million pounds, or $ 46.1 million, the Telegraph reports.

Billed as the most expensive jewel to hit the auction block, the lavish 24.78-carat "pink champagne"-hued gem has been ranked in the top 2 percent of the world's diamonds, according to the paper.

"It is a world record price for a jewel at auction," David Bennett, chairman of Sotheby's jewelry department in Europe and the Middle East, told the Geneva auction audience last night. The stone was reportedly purchased from Harry Winston 60 years ago.

It now reportedly belongs to British diamond dealer Laurence Graff - update those little black books, ladies!

[Seriy]

topic name incorrect - in fact the most expensive sold in this way.
Pink, who in Moscow sold at Box 120 million worth, and much more.

[Kid Loco]

Link can be?


K-L

Сообщение от Seriy

incorrect name of the topic - in fact the most expensive sold in this way.
Pink, who in Moscow sold at Box 120 million worth, and much more.

[Seriy]

Yes, you can search the Kommersant-house, there is a photo.
Or at the Forum in this old topic about diamonds.

[Kid Loco]

If you about it, so this is the same stone purchased Graff as described in my original message


K L

Сообщение от Seriy

yeah, you can search the Kommersant-house, there is a photo.
Or at the Forum in this old topic about diamonds.

[Seriy]

http://www.newsru.com/russia/17nov2003/diamond.html


Be curious and attentive!
And read the English text of their news.

[Kid Loco]

Your stone has been sold privately , and this is described as " the most expensive sold at auction . " I honestly do not see any exaggeration or inaccuracy

Billed as the most expensive jewel to hit the auction block

Well, in the names of articles are always " exaggerate " to attract readers.

K L

Сообщение от Seriy

http://www.newsru.com/russia/17nov2003/diamond.html

Be curious and attentive ! And read the English text of their news .