FEATURES OF PINK DIAMOND THAT MAKE EVERYONE LOVE IT

A 59.60 carat Pink diamond oval diamond called "Pink Star" was sold in April 2017 at Sotheby's in Hong Kong for a record $ 71.2 million ($ 1194600 / carat). The diamond had a preliminary value of $ 60 million. The unique stone was acquired by the Hong Kong jewelry company Chow Tai Fook (CTF), which renamed the diamond “CTF Pink Star” after the brand name. The gemstone has excellent quality characteristics. The color of this diamond is Fancy Vivid Pink by the Gemological Institute of America, and IF is clarity. This diamond is classified as a rare type IIa. It was cut from a 132.5 carat diamond mined by De Beers in 1999 in South Africa.

It took about 20 months to cut the stone. For the first time this  Pink diamond, under its old name "Steinmetz Pink", was shown to the public in Monaco in 2003. This diamond has previously been exhibited at Sotheby's in November 2013 in Geneva. Then he left for a record $ 83 million. But at the end of February 2014 it became known that the buyer could not pay for the diamond and the Sotheby's auction bought the stone for himself for $ 72 million. At the moment (December 2019) it is the largest and most expensive pink diamond sold at auction. Also CTF Pink Star is the most expensive gem in the world ever sold at auction

An 18.46 carat emerald cut bright pink "Pink Legacy" Pink diamond was sold in November 2018 at Christie's in Geneva for $ 50.3 million ($ 2,700,000 / carat). Estimate of the stone was 30-50 million dollars. The buyer of the jewelry was the Swatch Group, which owns the Harry Winston jewelry brand. The stone was given a new name in honor of the jeweler Harry Winston - "The Winston Pink Legacy". Diamond color - Fancy Vivid Pink, clarity - VS1.

The diamond from which this Pink diamond was cut was mined around 1918 in South Africa and belonged to the Oppenheimer family, which owned the De Beers diamond mining company. The stone was finished in 1920. Winston's Pink Heritage diamond set a price per carat record for pink diamonds, which still (as of December 2019) has not been broken - $ 2.7 million / carat.

A 24.78-carat, rectangular, stepped-cut, rounded pink diamond was sold in November 2010 at Sotheby's in Geneva for $ 46.1 million ($ 1,860,000 / carat). The preliminary cost estimate of the stone was US $ 27-38 million. The new owner of the diamond was the famous jeweler Laurence Graff, who gave the nameless stone the name "The Graff Pink". Stone color - Fancy Intense Pink (fancy intense pink), clarity - VVS2. A report on the stone from the Gemological Institute of America (GIA) also reported that a diamond could potentially have a higher clarity FL if re-cut, while eliminating minor defects that would affect clarity ratings. The diamond was also classified as a rare physical type IIa.

The history of this unique stone can only be traced back to the middle of the last century. It is not known for certain where and when the Pink diamond was mined and cut. The first famous owner of the diamond was jeweler Harry Winston, who sold it to a private collector about 70 years ago. From then until this auction in 2010, the stone has never been put up for auction. It is now known that Lawrence Graff re-cut the acquired "The Graff Pink"... The new value of the stone mass is 23.88 carats, the loss was only 0.90 carats. At the same time, the risk of re-cutting the most expensive stone (at that time) sold at the auction turned out to be justified. The new GIA re-cut certificate now specifies a more valuable color - Fancy Vivid Pink, and the clarity is excellent - IF. According to some estimates, the value of a jewel with such updated characteristics has increased by more than $ 10 million. In 2010-2017. this diamond was the most expensive pink diamond sold at the auction.

A large cushion-shaped Pink diamond "The Princie" weighing 34.65 carats was sold in April 2013 in New York at Christie's for $ 39.3 million ($ 1,135,000 / carat). Estimate was 20-30 million dollars. An anonymous collector became the buyer of the stone. Stone color - Fancy Intense Pink (fancy intense pink), clarity - VS2. It is also a rare type IIa diamond. The diamond from which the "Little Prince" was cut was mined over 300 years ago at the famous diamond mines of Golconda in India. 

One of the owners of the stone was Osman Ali Khan, the ruler of Hyderabad, who was voted the richest man in the world by Time magazine in 1937. But after World War II, his financial situation deteriorated and the Pink diamond was put up for sale at Sotheby's in 1960, where it was acquired by the jewelry house Van Cleef & Arpels. The diamond got its name in honor of the 14-year-old Prince of Baroda, who was present with his mother Maharani Sita Devi at the celebration of the purchase in the Parisian store Van Cleef & Arpels. The price reached in the auction makes this diamond the most expensive diamond from Golconda ever sold at auction.

Location: 110 Darby St, Cooks Hill NSW 2300, Australia

Comments

Post a Comment

Popular posts from this blog

About Pink Diamonds.

Image
It is not entirely clear why pink diamonds have this color. It is believed that the color is obtained as a result of extraordinary pressure under the Earth's surface called plastic deformation.When the pressure pushes the diamond closer to the surface, their structure changes, refracts light, and produces a pink color.Few people know that occasional violet and blue diamonds are also mined in the Argyle mine.Very rarely nature offers us a gift in the form of purple diamonds. They contain trace elements such as hydrogen, nitrogen and nickel, which also affect their color. This compilation of pressure and added elements makes them unique and sets them apart from blue diamonds from other parts of the world.They are highly valued by collectors and sought after by investors, jewelers and their clients as well as famous people.They are valued by all who possess them - for their unique origin, innate beauty and rarity. The land in the eastern Kimberly region of Western Aust
Read more

SECRETS YOU WILL NEVER KNOW ABOUT PINK DIAMONDS

Image
What kind of diamonds cannot match colorless diamonds, even if they are of high transparency and cut quality? Of course, with their fancy “fellow rivals” - colored diamonds: pink, blue, blue, etc. diamonds.The Pink diamond has long been considered the rarest of the colored diamonds. After the opening of the Argyle mine in Australia, the situation changed, and now a pink diamond is a rare stone, but not like, for example, a red diamond. It is important to note that the color of both stones is due to small deformations in the crystal lattice. In nature, there is only one pink stone for every 100 thousand diamonds. And of course, pink diamonds are much less common, which, after cutting, produce diamonds weighing several carats. Pink diamonds are found in just a few mines. The main production of  Pink diamond  is carried out mainly in India, Africa, Australia and Brazil, currently the most famous source of pink diamonds is northwest Australia. But since the share of all fancy diamonds in
Read more

PINK DIAMONDS THAT MADE HISTORY

Image
Pink diamonds , gold or platinum jewelry, noble and beautifully shiny jewelry has made history over time. The diamond is the most beautiful and shiny gemstone that mounted in white gold or yellow gold blends harmoniously and the result is a beautiful jewel of millions of euros. Over time, diamonds have made history. Cleopatra, Marilyn Monroe, Lady Di, Elizabeth Taylor are some of the famous names who wore diamonds or diamond jewelry that wrote history. "Heart of the Ocean" is the most famous  Pink diamonds  in the world. Kate Winslet wore that beautiful jewel (the diamond pendant chain) in the lead role of the Titanic. The film reveals the history of that diamond that had belonged to King Louis XVI and was cut into a heart shape only after the French Revolution. The jewelry house Harry Winston created an exact replica of the necklace replacing the famous diamond with sapphire. Gloria Stuart, actress who played Rose in old age, wore the Harry Winston creation to the 1997 Acade
Read more