News

‘Pink Star’ creates history

The ‘Pink Star, a 59.60 carat created history at Sotheby’s sale in Geneva when it was sold for $83 million

diamond world news service

The ‘Pink Star, a 59.60 carat, internally flawless fancy vivid pink, type IIa diamond created history at Sotheby’s sale in Geneva when it was sold for $83,187,381, or $1,395,761 per carat, a new world auction record for any diamond or any jewel. The bidding of the oval-cut pink polished diamond that started at $52.5 million, acquired more money than any previous gemstone had at auction, $83 million. The eventual purchase price beat the old record for a single gem by a full 82 percent. The old record was held for three years by the 24.78 Graff Pink, which gathered $45.6 million at an auction.

Sotheby's auction also set a new world record for achieving the largest jewellery sale in history at $199,512,930 against a presale estimate of $112.5 million to $153 million. Numerous other records were also broken during the auction.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

WFDB and GET-Diamonds Join Hands with Shanghai Diamond Exchange to Boost Natural Diamond Trade in China

Alrosa Begins Gold Exploration at Mirny Diamond Mines

Bvlgari Collaborates with Japanese Artist Yasuhiro Asai on One-of-a-Kind Watch Dials

Tiffany & Co. Unveils Its 2025 Holiday Campaign with Anya Taylor-Joy

Natural Diamond Council and Dubai Jewellery Group Join Forces to Strengthen the Natural Diamond Narrative in the UAE