Christie's to Auction Rare 5 Carat Vivid Pink Diamond
Christie's will auction an extremely rare vivid pink, 5 carat, cushion-shaped diamond, which is set in a ring which was designed by the jeweler Graff. The ring is on display at Christie's in New York now, but it will be auctioned off in Hong Kong on December 1st. Christie's chose Hong Kong because the diamond market is better there. It's an exquisite stone which is expected to sell for at least $1 million a carat.
The diamond was mined in South Africa. Christie's jewelry specialist Mei Giam says that Hong Kong is the best place to sell rare diamonds such as the vivid pink. It's an absolutely stunning ring. Take a look:
