A stunning pink diamond has sold for nearly $60 million, more than twice the expected price.
"The discovery of a gem-quality pink diamond of any size is an extremely rare occurrence -- something that, with the recent closure of the Argyle mine, seemed until recently -- highly improbable," said Wenhao Yu, chairman of Jewellery and Watches at Sotheby's Asia, in the release.
The pastel-hued diamond was named in honor of two other pink diamonds, the CTF Pink Star, which sold for $71.2 million in 2017, and the"Williamson" diamond, a pink diamond gifted to Queen Elizabeth II. In this undated photo released by Sotheby's, The Williamson Pink Star is seen. The pink diamond was auctioned off at $49.9 million in Hong Kong on Friday, Oct. 7, 2022, setting a world record for the highest price per carat for a diamond sold at auction.The Williamson Pink Star was cushion-cut from a 32-carat rough diamond mined at the Williamson Mine in Tanzania, says Sotheby's.
The stone is unique for both its size and its color. Pink diamonds are some of the rarest variants, according to Sotheby's, and this rock is a particular standout because of its purity and clarity. Hong Kong was the diamond's last stop after traveling on a tour that included Dubai, Singapore, and Taipei.
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Pink Diamond Sells for Record $49.9M at Hong Kong AuctionA pink diamond was sold for $49.9 million in Hong Kong on Friday, setting a world record for the highest price per carat for a diamond sold at auction.
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Pink diamond sells for record $57.7M at Hong Kong auction, sets world recordA pink diamond was sold for $57.7 million in Hong Kong on Friday, setting a world record for the highest price per carat for a diamond sold at auction.
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Pink diamond sells for record $57.7M at Hong Kong auction, sets world recordA pink diamond was sold for $57.7 million in Hong Kong on Friday, setting a world record for the highest price per carat for a diamond sold at auction.
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