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Unique Pink diamond could bring $38 million in Geneva

One of the world’s most spectacular and important pink diamonds will be offered for sale at Sotheby’s next month.
Weighing in at 15.38 carats, the ‘Unique Pink’ is an exceptional Brilliant cut, pear-shaped Fancy Vivid Pink diamond which is expected to sell for $28-$38 million when it crosses the block in Geneva.

According to the 2016 Gemological Institute of America (GIA) report on the gem, "it is exceptionally rare for any natural diamond to reveal Fancy Vivid Pink color, but for one of 15.38 carats to exhibit such tone and saturation is astonishing."

Gem-quality pink diamonds are amongst the rarest on Earth, with just 3% of all diamonds submitted to the GIA classified as coloured diamonds, and less than 5% of those predominantly pink.

"It is difficult to imagine a diamond that better illustrates the term Vivid Pink than this outstanding stone," said David Bennett, Worldwide Chairman of Sotheby’s International Jewellery Division. "The colour is simply astonishing and, for its size, it is in my experience truly unique."

The current world record price for a pink diamond was set in November 2010, when 24.78-carat Graff Pink diamond sold at Sotheby’s in Geneva for $46,158,674.

Further highlights from the sale will include the 7.03-carat Emperor Ruby, estimated at $5.06-$8.09 million; a superb Fancy Intense Blue diamond brooch by the Paris-based jeweler Alexandre Reza, estimated at $10.13-$14.21 million; and a 7.32 carat Magnificent Fancy Vivid Blue diamond valued at $15.29-$25.49 million.

Sotheby’s Spring sale of Magnificent Jewels and Noble Jewels takes place in Geneva on May 17.

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