Editor’s Note
This article highlights the upcoming auction of the rare Pink Legacy diamond, a nearly 19-carat gem expected to draw significant attention. The piece includes expert commentary on its valuation and historical significance.
An exceptional pink diamond of nearly 19 carats, the Pink Legacy, will be auctioned on November 13 in Geneva by Christie’s.
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. It is estimated to be worth between 30 and 50 million dollars (between 26.5 and 44.1 million euros).
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.
A historic 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, 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, or $1.39 million per carat.
