Editor’s Note
A rare 19-carat pink diamond, the “Pink Legacy,” is set for auction in Geneva with an estimated value of $30–50 million. Its exceptional size makes it a standout even among other colored diamonds.
An exceptional pink diamond weighing 19 carats, the ‘Pink Legacy’, will be auctioned on Tuesday in Geneva by Christie’s, which estimates its value between 30 and 50 million US dollars (between 20 and 34 billion Chilean pesos).
This pink diamond, classified as “fancy vivid”—the highest grade of color intensity—belonged to the Oppenheimer family, which ran the De Beers mining company for several decades.
Diamonds of the “fancy vivid” type weighing over ten carats are almost unheard of in auction rooms. According to Christie’s, only four such diamonds have ever been offered for sale.
It is also a Type IIa diamond, meaning it contains very little or no trace of nitrogen, placing it in the category reserved for less than 2% of all diamonds, according to experts. Diamonds of this type are among the most chemically pure, often with
according to Christie’s.
The Pink Legacy belonged to the Oppenheimer family for decades, according to Christie’s, which does not wish to reveal the name of its current owner.
stated Lunel.
According to Eddie Le Vian, a jeweler known for his brown diamonds, the Pink Legacy
for price per carat for a pink diamond.
The international diamond market set a record in November when Christie’s organized the sale of “The Pink Promise”, an oval-shaped ‘fancy vivid’ pink diamond weighing just under 15 carats, for 32.48 million US dollars, or 2.17 million per carat.
In 2013, a large pink diamond weighing 59.60 carats was sold for 83 million US dollars. However, its buyer later backed out, and Sotheby’s was forced to purchase the stone and resell it in 2016 in Hong Kong for 71.19 million US dollars.