Christie's is going to be auctioning off a rare, 5-carat pink diamond known as a "vivid Pink" diamond. The diamond is expected to fetch $5-$7 million. The Telegraph says the record for pink diamond auction was $7.4 million for a 19.66-carat stone sold in Genevain 1994. The current diamond is smaller than the record holding stone but the diamond's vivid pink color is said to near perfect.
While just a quarter the size of the record-holding pink gem and not quite flawless, the stone's "vivid pink" is considered near perfect and the auction house has touted it as one of the best colored stones to appear in recent years.
"There are pink diamonds and then there are pink diamonds," said Francois Curiel, the international head of Christie's jewelry department. "It is extremely rare for a stone of such top quality to appear on the market with top notes in color, cut, clarity and carat weight. This 5-carat vivid pink gem combines the best of all criteria," Curiel added.
JCK Onlinesays the pink diamond will be auctioned off in Honk Kong on December 1st.
Christie's is going to be auctioning off a rare, 5-carat pink diamond known as a "vivid Pink" diamond. The diamond is expected to fetch $5-$7 million. The Telegraph says the record for pink diamond auction was $7.4 million for a 19.66-carat stone sold in Genevain 1994. The current diamond is smaller than the record holding stone but the diamond's vivid pink color is said to near perfect.
