This Rare Pink Diamond Could Fetch Over $35 Million at Auction This Summer

Indonesia Berita Berita

This Rare Pink Diamond Could Fetch Over $35 Million at Auction This Summer
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Set to hit the auction block this summer––this 10.57-carat pink diamond is expected to fetch a jaw-dropping $35 million and set a new record for price per carat. 💎💰 diamond

Eternal Pink hails from a larger 23.78-carat rough that was discovered by De Beers at the famed Damtshaa mine in Botswana. Over the course of six months, Diacore artisans fashioned the gem into an exquisite cushion cut to better showcase its “bubblegum” color. Evidently, that hard work paid off; the gem was awarded the highest possible grade for a colored diamond by the Gemological Institute of America. It also received the highest clarity grade .

Eternal Pink could go down in history, too, though it has to eclipse the price per carat record set by. This slightly larger 11.15-carat pink diamond sold for $57.7 million at Sotheby’s Hong Kong in October 2022. Both gems still don’t quite measure up to the Pink Star. This bonkers 59.6-carat pink diamond hammered down for $71 million at Sotheby’s Hong Kong in April 2021 to become the most valuable jewel or gemstone ever sold at auction.

“The Eternal Pink’s immense presence and great rarity make it comparable to ultimate masterpieces of art—far rarer than a Magritte or a Warhol,” Quig Bruning, head of Sotheby’s Jewelry, Americas, said in a statement. “Combined with its exceptional clarity, it is not surprising that it would command the highest per-carat pre-sale estimate for any diamond to date.” You can view Eternal Pink at Sotheby’s Hong Kong from April 1 to 7.

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