07 Feb 2023
DiamondWorld Directory
-
Home |
News
Home
Christie’s to auction 10.09-carat purplish pink diamond
its pres-ale estimate price is between $12 million to $15 million
By: Diamond World News Service
|
Mar 4 2011 5:02PM
|
Reference: 5796  

DecreaseIncrease
One of the highlights at Christie’s forthcoming Magnificent Jewels Auction in New York is a 10.09-carat, cushion cut, fancy vivid purplish pink diamond carrying a presale estimate of $12 million to $15 million. The auction is slated on April 12, 2011. Rahul Kadakia, head of jewelry at Christie's New York, stated, ''Collector demand for large colored diamonds has never been stronger, especially where pink diamonds of this size and quality are concerned. In all my years at Christie’s, I have never seen such vivid color in a stone of this size.'' He added, ''At Christie’s New York this past December, jewelry collectors competed for a 6.89 carat fancy vivid purplish-pink diamond, which ultimately sold for $6.9 million or $1 million per carat. This larger stone, with its richer, deeper hue of pink and electrifying purple tone is positioned to become one of this season’s top-selling diamonds.''

Pink diamonds of this type gain their highly desirable color as a result of a rare, naturally-occurring slippage of the crystallographic lattice in the stone during its formation within the earth’s crust. Only a few mines in the world produce pink diamond rough, and of the stones that are cut and polished, only one in about 10 million diamonds will possess a color pure enough to be graded as “Fancy Vivid”.

Pink diamonds have featured often in Christie’s auction - The Perfect Pink (14.23-carat, fancy intense pink rectangular-cut diamond) was sold for $23.2 million - a record price for any jewel sold at an auction in Asia; The Vivid Pink - a 5-carat fancy vivid pink, internally flawless diamond sold for $10.8 million; a 6.89-carat fancy vivid purple-pink diamond sold for $6.9 million; The Rose of Dubai - A Fancy Pink internally-flawless diamond of 25.02 cts sold for US$ 6,008,000. Likewise, the 10.09-carat pink diamond is expected to sell at an impressive price.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2022
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32475
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10189
GJEPC Chairman Interview
Views: 28555
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 40075
Promo for IJ Awards 2012 at NDTV Profit
Views: 57701
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69243
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22222
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51407
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53812
Advertisement
DWsubscription
Member of:
Supporter of: