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Pink Pear-Shape Diamond Tops Sotheby’s Geneva Billing
Apr 10, 2016 7:12 AM
By Rapaport News
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RAPAPORT... Sotheby’s expects to sell a 15.38 carat
"supremely rare" pink diamond for $28 million to $38 million (CHF
27.2 million to CHF 36.9 million) at an auction in Geneva next month.
The pear-shape, type IIa diamond known as the “Unique Pink”
will go under the hammer at the Magnificent Jewels and Noble Jewels auction May
17.
The precious stone – cut by New York-based Cora
International – got the highest possible color grading from the Gemological
Institute of America (GIA) and is the largest fancy vivid pink pear-shaped
diamond ever offered at auction, Sotheby's said.
The gem is the latest in a string of colored diamonds
to attract a multi-million dollar price estimate after Christie’s said it
expected the ‘Oppenheimer Blue’ to fetch
up to $45 million at a sale in Geneva May 18 and Sotheby's sold the blue ‘De Beers
Millennium Jewel 4’ for $31.8 million in Hong Kong last week, setting an Asian
auction record for a jewel.
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Tags:
Auctions, colored diamonds, geneva, Magnificent Jewels and Noble Jewels, Pink diamonds, Rapaport News, Sotheby's
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