Sotheby's prepares to auction a $38m 'fancy intense pink' diamond



2015-06-26 12:04:28

Sotheby's prepares to auction a $38m 'fancy intense pink' diamond

Last sold in New York 60 years ago, the stone is being expo'd in Hong Kong and sells next month

It's fitting that diamonds fetch some of the most dazzling sums at auction - and a pink diamond is set to continue the trend at Sotheby's in Geneva, this coming November.

According to reports, the "fancy intense pink" stone is being sold by a private collector, in whose possession it has been for the last 60 years.

Descriptions of the diamond say it has a classic emerald cut with gently rounded corners. There is a single flaw, apparently unnoticeable to the naked eye.

Experts say the diamond may be graded internally flawless after re-polishing. Interested buyers can judge for themselves in Hong Kong, where the diamond has been exhibited since October 2.

Sotheby's have attached a $27-38 million estimate to the diamond (not the example pictured). It was last sold in New York by jeweller Harry Winston.

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