Wednesday, 27 March 2019

Pink diamond worth millions shown in London ahead of auction

pink star

LONDON: Sotheby’s is displaying the startling “pink star” diamond in London before it’s auctioned in Hong Kong. The gem should fetch more than $60 million when put on the block April 4, which would represent a record for a pink diamond sold at auction. It said the 59.60-carat gem is the largest flawless fancy pink diamond ever graded by the Gemological Institute of America. The gem’s size and color “surpassed any known pink diamond recorded in history.” It was mined in Africa in 1999. The company sold the “Blue Moon of Josephine” diamond for $48.5 million in Geneva in 2015.

 

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