Fancy Intense Pink (diamond grading)

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wikicollecting

2015-06-26 10:57:08

Fancy intense pink is a diamond grading applicable to some of the world’s most collectible diamonds.

 

Grading and rarity

Diamonds classified as “Fancy Intense Pink” are of the rare and coveted type 11a classification variety. Type 11a diamonds comprise less than 22% of the world’s gem diamonds.

The grading relates specifically to the diamond’s colour. Diamond size categories generally don’t matter in fancy colour pricing.

‘Fancy Pink’

Fancy diamond refers to a strong color property of a diamond. A diamond that has a distinctive colour, such as red, blue, yellow or any other is called a Fancy Diamond.

Affect on value

Fancy intense pink diamonds have historically proven themselves to be twice as valuable as diamonds graded “Fancy Pink”.

Notable sales

Highlights at a Sotheby’s sale in Geneva on Tuesday May 17th, 2011, included a translucent pink diamond sold for €7.6 million.

The sale was the third-highest price ever paid for one of the pink stones graded “Fancy Intense Pink” at auction.

Graff Pink Diamond

The Graff Pink Diamond was sold to British dealer Laurence Graff in Geneva in November 2010.

Graff is the owner of Graff Diamonds. Graff bought the Wittelsbach-Graff blue diamond in 2008 for a then record auction-house price of £16.4 million.

Sotheby’s had attached a $27-38 million estimate to the Graff Pink prior to the sale.

David Bennett, the head of Sotheby's jewellery division, told the BBC at the time of the auction: "There's only one or two other stones I've seen like this in the 35 years I've been doing this job. I just love it."

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