Lifestyle
It’s not every day that you come across a rare 11-carat pink diamond.
One of the leading auction houses, Sotheby’s is here to change that with the second largest internally flawless that’s all set to be unveiled at the Dubai Diamond Exchange tour in Dubai.
The “Williamson Pink Star” comes as a cushion-shaped stone and is named after its record-breaking predecessor, which was presented as a gift to Her Majesty Queen Elizabeth II in 1947. The 59.6 carat oval mixed-cut diamond was sold for a$71.2 million in April 2017 at a Sotheby’s exhibition achieving the title of the world auction record of any diamond, gemstone of jewel until today.
“The discovery of gem-quality pink diamond of any size is an extremely rare occurrence,” said Chairman of Jewellery and Watches at Sotheby’s Asia, Wenhao Yu. “Driven by a limited supply and rising demand, prices for top-quality large pink diamonds over 5 carats have increased exponentially.”
After delving into its rarity, the experts concluded that only five percent of diamonds are coloured, out of which only three percent are pink, thereby making this one of the most prestigious displays to take place.
By making its rounds around the world, this diamond will next be displayed in Singapore, Taipei and lastly Hong Kong in a standalone auction on October 5, 2022.
