‘Incomparable’ Pink Diamond Could Smash Record at Geneva Auction

      Published on Thursday, 15 November , 2018      133 Views      Comments Add Comment
‘Incomparable’ Pink Diamond Could Smash Record at Geneva Auction

  • Life

An exceptionally rare 19-carat pink diamond goes under the hammer in Geneva Tuesday, when it could fetch $50 million (44 million euros), setting a new record for a stone of its kind, reports AFP.



The Pink Legacy used to belong to the Oppenheimer family, which for decades ran the De Beers diamond mining company, but auction house Christie’s refused to say who the current owner was.

Christie’s international head of jewellery, Rahul Kadakia, described The Pink Legacy as “one of the world’s greatest diamonds”.

The rectangular-cut diamond has been graded “fancy vivid” — the highest possible grade of colour intensity.

Christie’s has noted that in the salesroom, fancy vivid pink diamonds over 10 carats are “virtually unheard of” and that only four vivid pink diamonds or over 10 carats have ever been offered at auction.

One of them, the nearly 15-carat Pink Promise, was sold last November at a Christie’s auction in Hong Kong for $32.5 million.



That amounts to $2.176 million per carat, which remains the world auction record price per carat for any pink diamond.

Keywords:
Category Life | 2018/11/15 latest update at 10:24 PM
Source : Novinite | Photocredit : Google
134 Views
Comments Add comment



Related Articles

The editorial staff of Kuwait Media would like to give all of its readers from Gulf and Kuwait and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Kuwait Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Kuwait, the Gulf and the world.

Latest Comments


Saudi King Sends Message to Kuwait Emir Emir

Saudi King Sends Message to Kuwait Emir

Custodian of the Two Holy Mosques King Salman bin Abdulaziz sent on Tuesday an oral message to Kuwaiti…

Emir Of Kuwait Honours Ministry Of Human Resources And Emiratisation Emir

Emir Of Kuwait Honours Ministry Of Human Resources And Emiratisation

Sheikh Sabah Al Ahmad Al Jaber Al Sabah, Emir of Kuwait, honoured the UAE Ministry of Human Resources and Emiratisation for…

Amiri decree issued to convene National Assembly Emir

Amiri decree issued to convene National Assembly

The Amiri Decree No. 284/2018 has been issued for the National Assembly to convene its third regular session…

Kuwait’s Industrial Auth. gleeful to meet His Highness Amir Emir

Kuwait’s Industrial Auth. gleeful to meet His Highness Amir

Officials from Kuwait’s Public Authority for Industry (PAI) said on Tuesday that they are proud to have been…

GULF TV

Popular in GULF TV

Around Kuwait in a double Decker Bus, after recent Flood

208 Views

Recent flood in Kuwait devastated normal life here for a few days. As we got a holiday, probably…

Latest videos in GULF TV

Technology

Kuwait lifestyle and lifestyle Kuwait news

Lifestyle

Kuwait lifestyle and lifestyle Kuwait news

Culture

Culture news and Kuwait culture news

Sport

Sport news from Kuwait and world sport news

Events

Kuwait Events and Events News

Government

Kuwait government News

Emir

News from the Emir of Kuwait