This giant pink diamond could sell for $30 million at auction

Mae Love
November 15, 2017

The largest diamond ever offered at auction went under the hammer in Geneva Tuesday evening for almost $34 million, a world record for a gem of its kind, the Christie's auction house said.

This stone discovered a year ago in Angola is so pure and so large that even Christie's jewellery director David Warren can't contain his enthusiasm.

The colourless diamond was taken from a 404-carat stone found in Angola. The auction house estimates the diamond will sell for $20 million to $30 million. The item is expected to fetch at least $30m (£23m) at auction.

The left side of the necklace is made up of 18 emerald-cut diamonds and the right side composed of two rows of pear-shaped emeralds.

Is Enterprise Products Partners LP (NYSE:EPD) A Safe Bet For Investors?
In other news, Director Carin Marcy Barth purchased 12,000 shares of the firm's stock in a transaction on Monday, November 6th. Beach Investment Management Llc increased Enterprise Prod Partners ( EPD ) stake by 1922.46% reported in 2017Q2 SEC filing.

Who Is Markiya Mitchell? Mother Charged With Intentionally Drowning Infant Son
A NY woman is facing a second-degree murder charge after police say she intentionally drowned her 10-day-old son in the bathtub. Jeremiah was immediately transported to Rochester General Hospital , where he was pronounced dead a short time later.

'A Total War Saga: Thrones of Britannia' Announced - Trailer
A Total War game, with the modern innovations of the recent Warhammer games but none of the overpowered spells or zombies. Creative Assembly claim that Thrones of Britannia will have "the most detailed Total War campaign map ever made".

Previously, Christie's set an auction record in May 2016 with the sale of a 14.62-carat diamond known as the "Oppenheimer Blue" for $50.6m (£34.7m).

The white, matchbox-size "Creation 1" diamond from Swiss jeweler de Grisogono weighs a whopping 163 carats.

Also on the block was "Le Grand Mazarin", a 19-carat pink diamond that once belonged to King Louis XIV, Napoleon Bonaparte and other French rulers.

Tuesday's sale marked the first time the diamond appeared at auction in 130 years.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER