Christie’s 19-carat pink diamond could fetch up to $50 million at auction – National


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A pink diamond weighing in at virtually 19 carats is ready to go on tour earlier than being auctioned in Geneva, and will fetch a report worth of between $30 million and $50 million, Christie’s public sale home introduced on Tuesday.

The oblong minimize Pink Legacy is rated “vivid,” the very best ranking for a diamond‘s shade, and weighs 18.96 carats, making it the most important fancy vivid pink diamond Christie’s has ever provided for public sale.

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It was as soon as a part of the Oppenheimer assortment, Christie’s stated, referring to the household who constructed De Beers into the world’s greatest diamond dealer.

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“Its distinctive provenance will little doubt propel it into a category of its personal as one of many world’s biggest diamonds,” stated Rahul Kadakia, worldwide head of bijou at Christie’s.

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Solely 4 vivid pink diamonds of over 10 carats have ever been provided on the market at public sale, with a report worth per carat set final November when Christie’s Hong Kong bought “The Pink Promise,” an oval-shaped diamond of just below 15 carats, for $32,480,500.

The Pink Legacy can be proven in Hong Kong, London and New York earlier than being auctioned by Christie’s Geneva on Nov. 13.

— With information from Alex Fraser

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