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$18M Pink Diamond Given New Name

Nov 20, 2016 4:28 AM   By Rapaport News
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RAPAPORT... An Asian private buyer who acquired a pink diamond at Christie’s Geneva this week has named the stone ‘The Light of Memory.’

The purchaser snapped up the pear-shaped, 9.14-carat, fancy vivid pink, VS2-clarity diamond for $18.3 million (CHF 18.1 million), or $2 million per carat. The winning bid was made over the phone, Christie’s said.

The diamond, previously known as ‘The Pink,’ had been estimated before the sale to fetch $16 million to $18 million.
Tags: asia, Auctions, Christie’s, geneva, Magnificent Jewels, Rapaport News, The Light of Memory
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