Editor’s Note
A rare 18.96-carat pink diamond, valued at an estimated $30–50 million, will be auctioned by Christie’s in Geneva on November 13. Given that most pink diamonds weigh under one carat, this gem is a truly exceptional find.
This pink diamond is exceptional: weighing nearly 19 carats, it is estimated to be worth between 30 and 50 million dollars. It will be auctioned on November 13th in Geneva by Christie’s.
explained Jean-Marc Lunel, an international jewelry specialist at Christie’s.
he assured.
This “fancy vivid” pink diamond, the highest grade of color intensity, belonged to the Oppenheimer family, which ran the De Beers mining company for several decades.
exposed Jean-Marc Lunel.
he specified.
The Pink Legacy has been the property of the Oppenheimer family for decades, according to Christie’s, which however does not wish to reveal the name of the stone’s current owner.
It is estimated between 30 and 50 million dollars (between 26.5 and 44.1 million euros). The range may seem very wide but
given their rarity, noted Mr. Lunel, specifying that in this case experts base their estimates on
A historical record was reached on the international diamond market in November when Christie’s sold “The Pink Promise,” an oval-shaped fancy vivid pink diamond of just under 15 carats for 32.48 million dollars, which remains to this day a world record per carat for a pink diamond (2.17 million per carat).
In 2013, a very large pink diamond of 59.60 carats was sold by Sotheby’s for 83 million dollars, or 1.39 million per carat.
Other diamonds and jewels will be offered at auction on Tuesday, including three pieces signed JAR (initials of Joel Arthur Rosenthal), a cult American jeweler based in Paris whose pieces are highly sought after because this creator only works for his friends or their close ones. A butterfly-shaped brooch, adorned with colored diamonds, is for example estimated between 400,000 and 600,000 dollars. Another JAR-signed brooch in the shape of a flower, in blue and mauve tones, is estimated between 800,000 and 1.2 million dollars. Furthermore, a pearl necklace, which belonged to Horace Elgin Dodge, co-founder of the American automobile company Dodge, is estimated between 600,000 and 800,000 dollars.
