The Strawberry Pink – new Rare Purplish Pink Diamond is Revealed

January 10th, 2014 by Noam Flint

It’s difficult to describe in words the stunning color of a natural fancy vivid purplish pink diamond from Brazil that has recently been unveiled.

The name of this magnificent stone? The diamond has been deemed “The Strawberry Pink” – and the title is fitting. With such an unusual and intense blush hue, this stone is bound to attract some attention. The 2-carat, cushion-cut diamond is set between two natural fancy blue diamonds, each weighing 0.94 carats, on a platinum and rose gold ring. As pink diamonds have gained increasing popularity in recent years, particularly for engagement rings, this stone is sure to pique the interest of collectors, brides and everyday jewelry enthusiasts alike. All three diamonds on the ring come with certificates from the Gemological Institute of America for added assurance of their value. The cost of the ring is only available upon request, but surely the price​ tag reflects its rarity.

“The color of this Brazilian Pink Diamond is so highly saturated it actually displays mysterious flashes of red,” said Joe Padulo, CEO of Padulo Privé, an adviser to elite jewelers and luxury brands. “When you consider the staggering performance of pink diamonds at auction in the past three years, the Strawberry Pink will no doubt find its way to the portfolio of a discerning investor.”

Pink diamonds from the past

This is not the first pink diamond to gain some buzz as of late. Notably, the “Pink Star” sold for a record-breaking $83 million at Sotheby’s Geneva Nov. 12 of last year, and the winning bid is not surprising. At a weight of 59 carats, the Pink Star is in fact the biggest pink diamond ever graded. Previously, the 24.78-carat Graff Pink diamond, which sold for $45.6 million in 2010, held the record auction price for a gemstone. Last April, the Princie Pink, a 34.65-carat fancy intense pink diamond, came close with a $39.3 million sale at Christie’s in New York.

According to New York Daily News, when Sotheby’s auctioneer David Bennett sold the Graff, he believed no other stone would break that record for quite some time. Just three years later, though, the Pink Star came into the spotlight and proved him wrong. He pointed out that all three of the highest-priced gemstones are pink diamonds.

So why all the fuss over this color in particular? One reason may be that natural pink diamonds remain something of an enigma. Scientists aren’t still totally positive on what factors cause the striking hue. It is believed that pressure and heat beneath the earth’s surface produce an abnormal twist in the atomic lattice while the diamond’s structure is forming, which then results in the pink color.