News

Advanced Search

$18M Pink Diamond Given New Name

Nov 20, 2016 4:28 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
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
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Jul 19, 2018
Slow trading, with dealers in summer vacation mode. Bargain-hunters asking for higher discounts during quiet
Plump ClubPlumb Club Names New President
Jul 18, 2018
The Plumb Club, an alliance of suppliers to the jewelry, diamond and watch industries, has elected Michael
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.