Let’s see what the fuss is all about:

Pink Star Diamond Specs

The Pink Star diamond is truly a one in a million diamond – or as it seems, one in $60 Million.
Here are the dry facts:

• Mined by De Beers in Botswana in 1999
• Originally weighed 132.5 carat
• Took two years to polish
• Polished into 59.60 carats
• Graded by the GIA as a pure Fancy Vivid Pink with Internally Flawless clarity
• Pink Star is classified as a type IIa diamond

Just watch it:

Pink Star’s Different Names and Different World Breaking Records

While most other notable, famous and expensive diamonds have origins dated back hundreds of years (for example the Dresden Green and The Hope Diamond), this “young” diamond is less than 20 years old.

However, during that time it has certainly made headlines (this is the fifth article we write about it!) and broke quite a few records:

1. It is the biggest fancy vivid pink diamond to ever be graded by the GIA
2. November 2013 it achieved the highest price tag a diamond had ever received when renowned diamanter Isaac Wolf made an offer of $83 Million. Upon purchase Isaac Wolf had changed its name to The Pink Dream. The next runner up came couple of years later – The Oppenheimer Blue Diamond that was sold for $57.5 Million.
3. Sale was canceled a few months later when Mr. Wolf defaulted on his payment (according to IDEX) making it the most expensive diamond ever unsold. As a result, diamond went into Sotheby’s inventory, its name was changed back to the Pink Star and The Oppenheimer Blue is the most expensive diamond.

Does The Pink Star Really Worth $60 Million?

I have to admit, back in 2013, the first time it was told that a $60 Million Dollars diamond is coming to the auction I was dazzled.
My initial thoughts were:

1. How can a diamond be worth that much?
2. Who will buy a $60 Million Dollar diamond?

But now, not only that I believe its worth more than that, we’ve also learned that there are people and even funds and groups of investors willing to spend that much out of the belief its even worth more than that.
In fact it was Isaac Wolf that got me convinced the first time. But not because he bought it for over $80 Million, but rather because what he said afterwards that simply made sense to me.

You see, the price per carat at $60 Million is simply $1 Million dollars per carat.
As odd as it may be when speaking in millions – it’s not much!

Pink diamonds are very rare. Pure fancy vivid pink diamonds barely exist. Internally flawless pink diamonds also barely exist. Pink diamonds above 10 carat barely exist. The combination of these three… well you guessed it – barely exists – well… We know of one that does!

Also, for those who don’t know, diamond prices set per carat and the higher a diamond’s carat weight, so does its price per carat. As a result, a 2 carat diamond price is far greater than two 1 carat diamonds together.

The only diamond that comes even near The Pink Star and it is The Graff Pink – a mesmerizing internally flawless fancy vivid pink diamond weighing 23.88 carats – less than half of the pink star’s weight. And it sold for over $46 million a few years back as an intense pink! Nearly $1.9 Million per carat which will place the Pink Star at over $100 Million!!!

Will it sell or not? For how much? And to whom? In approximately 10 days on April 4th at Sotheby’s Hong Kong Magnificent Jewels auction we’ll get these answers!

The post $60 Million Pink Star Diamond Goes to Auction (again…) appeared first on Naturally Colored.

A photo posted by Natural Color Diamonds (@ljwestdiamonds) on Dec 7, 2016 at 11:47am PST

The Smithsonian Museum of Natural History in Washington DC recently had an exhibit called “The Splendor of Diamonds” which displayed 7 of the most important diamonds in the world today including the one and only Moussaieff Red.

Those diamonds were contributed by several owners but the most recent display will be at the Natural History Museum of Los Angeles by NY jewelers L.J. West Diamonds in an exhibit called “Diamonds: Rare Brilliance”.

Diamonds: Rare Brilliance

The ‘Impossibly Rare’ Diamond – 2.83 carat Violet Diamond

The winners of the Impossibly Rare Argyle Violet Diamond in this year’s Argyle tender, L.J. West certainly have a covetable collection to exhibit.

The Argyle Violet is touted as the largest ever violet colored diamond that has ever been discovered at Rio Tinto’s Argyle mine in Kimberley, Western Australia. It was the hero diamond at this year’s Argyle diamond tender, as violet diamonds are one of the rarest colors of fancy color diamonds. Its size makes it a prize indeed and it is no wonder that it is a focal point of the exhibit.

Juliet Pink Diamond

Additional diamonds that will be on display include the Juliet Pink diamond, the Victorian Orchid Vivid Purple Diamond, and the Rainbow necklace. The President of L.J. West Diamonds, Larry West, was quoted as saying that he felt that these diamonds deserved to be on display to help change fancy color diamonds into something more real than just a story.

Indeed, fancy color diamonds make major headlines in the news but since they are so rare in nature, and are found in limited places around the world – comprising just 1% of all mined gem quality diamonds, hardly anyone ever gets to truly enjoy them.

The Argyle Violet is in good company. The Juliet Pink diamond is a treasure in and of itself, as it is a 30.03 carat Fancy Intense Pink oval shaped diamond with VVS2 clarity. The Victorian Orchid Vivid Purple is a 1.64-carat Fancy Vivid Purple diamond with SI2 clarity.

Purple diamonds are almost equally rare to violet diamonds and the two are often found in similar mines, although this is not the case with these two. The Rainbow necklace features more than 100 diamonds weighing approximately 36 carats in a multitude of colors.

So… which of the above is your favorite?

The post Rare Diamonds to Go on Display in Los Angeles appeared first on Naturally Colored.

Christie’s has concluded their Magnificent Jewels auction in Hong Kong, and despite weak sales they have still emerged with several fancy color diamonds that exceeded expectations. The highlight of the auction was the 4.29 carat Fancy Vivid Blue IF marquise shaped diamond that was offered by famous London jeweler Moussaieff, and it did not disappoint with its results. Another blue diamond, along with a yellow diamond and a pink diamond exceeded their price estimates as well, which was a positive indication of the state of demand for fancy color diamonds.

The Blue Diamond to Rule Them All?

Vivid Blue Diamond Ring, IF 4.29 carat
Image: Christie’s

The 4.29 carat Fancy Vivid Blue IF diamond ring by Moussaieff sold for $11.8 million, or $2.755 million per carat. While this is not the most expensive blue diamond ever sold, it is certainly a high price for such a diamond, although it can be justified by the fact that its color is a magnificent blue and that its clarity is a near perfect Internally Flawless.

Its price earned it two new record titles, the most expensive Fancy Vivid Blue diamond of 3-5 carats ever sold, and the most expensive price per carat for a Fancy Vivid Blue diamond of 3-5 carats. The Blue Moon of Josephine remains The most expensive blue diamond ever sold.

The diamond which sold last year at auction in Geneva for $48.5 million, and the most expensive blue diamond of 2016 was the Sky Blue diamond which sold two weeks ago in Geneva for $17 million.

Vivid Yellow Diamond Price is a Pleasant Surprise

A surprise for the evening was the final price for the 28.78 carat Fancy Vivid Yellow VVS1 emerald cut diamond.

Yellow diamond rings have a steady demand, but as a general rule their auction prices do not often exceed the auction house’s high estimates simply because they are not as rare as other colors.

Nevertheless, it sold for $2,028,708 or $70.5k per carat, a 35% premium over its $1.1 million to $1.5 million estimate. This confirms that yellow diamond value remains strong in the current market.

Fancy Blue in Demand

A diamond’s color and its intensity has a strong impact on its pricing – especially in colored diamonds.

However, the beauty of auctions is that demand is purely what drives the price of any particular item. In this case a fancy blue diamond performed very nicely!

A 5.19 carat Fancy Blue Diamond IF pear shaped diamond and it sold for $1,717,795 or $331k per carat. Considering that its estimation was between $900k to $1.15 million, its premium was 49%.

Fancy Intense Pink Diamond Record Set

By now, it’s no doubt that pink diamonds are always in fashion!

A 2.13 carat Fancy Intense Pink I1 diamond was auctioned together with a 2.21 carat G Color VS2 diamond as an interesting double-diamond ring. The two diamonds are of modest sizes and the auction house estimated the ring to sell at a price between $125k to $190k. It sold for $551,871 or $259k per carat, value that can be entirely attributed to the pink diamond there. Not only did the ring sell for a 190% premium over the high estimate, it set a record that evening. The previous most expensive Fancy Intense Pink 2-3 carat diamond was sold for $178k per carat, so the $259k price per carat is a 45% premium over the last record.

Pink and blue diamonds never cease to draw in big name bidders at the important diamond auctions. Time and again, the bar is set higher and higher as the demand for the best diamonds in the world grows larger. It remains to be seen how far these bidders will be willing to go in the years to come!

What do you think? Can these price trends continue to rise? Does it symbolize a recovery for the industry?

The post Diamond Prices Exceeding Expectations at Auction in Hong Kong appeared first on Naturally Colored.

Although the upcoming auction’s “star” is a blue diamond (Cartier’s Sky Blue Diamond Ring), pink diamonds have always been the most demanded diamond color, so it comes as no surprise that Sotheby’s was able to cultivate a spectacular array of these gems for its upcoming auction in Geneva.

With pressure in the form of last year’s incredible diamond records that were set at the very same auction, Sotheby’s most certainly had to acquire a momentous selection of diamonds and has succeeded. Collectors and investors alike will be satisfied with the diamonds are being offered by both auction houses, but those that are specifically interested in pink diamonds will be pleasantly surprised by the options that Sotheby’s will present at auction.

One Auction, 3 Dazzling Pink Diamonds!

Among Sotheby’s sizable collection of pink diamonds for the auction, a number of Fancy Intense Pink diamonds stand out. Normally, pink diamonds with such high intensity and clarity grades are extremely rare and nearly impossible to find. However, when their owners decide to part with them, they often find their way to the famous auction houses for sale.

This explains how no less than 3 of these high caliber diamonds have wound up at the auction this November. The fact that they appear in the same evening is slightly misleading as to the availability of such diamonds, but attendees at such events know all too well that the price wars for diamonds like these are extremely competitive and only the truly passionate diamond buyers win. Let’s take a look at 3 Fancy Intense Pink diamonds from the auction catalog.

1. 8.73 carat Fancy Intense Pink diamond, vvs2

The emerald cut 8.73 carat Fancy Intense Pink Diamond VVS2
Image: Sotheby’s

The first Fancy Intense Pink diamond is a beautiful 8.73 carat Fancy Intense Pink VVS2 emerald cut diamond set in a ring. The auction house has set its estimate between $2.5 million to $4.5 million, or $286k to $515k per carat. Considering the prices that Sotheby’s estimated for the other Fancy Intense Pink diamonds for the evening, and considering the enormous spread between its high and low estimate, it leads us to speculate as to what is going on here with the price.

We presume that either the color is a very light or weak Fancy Intense, making it look more like a Fancy Pink, and that the diamond will break its lowest estimate by a large margin. Alternatively, the color may be strong indeed and the high estimate may be an undervaluation, which would lead the diamond to break its higher estimate by a large margin. We’ll know more tomorrow…

2. 13.20 carat Fancy Intense Pink Diamond, IF

13.20ct Intense Pink Diamond, IF
Image: Sotheby’s

Our next spotlight on a pink diamond is for the 13.20 carat Fancy Intense Pink IF pear shaped diamond. Between this diamond’s high color intensity, IF clarity, and large 13+ carat size, it is a sure ticket to an intense bidding war.

These are all qualities that auction attendees seek and many members of the audience will have their eyes set on acquiring this gem. It’s unique pear shape, which is no small feat in the fancy color diamond world (most fancy color diamonds are cushion or radiant shaped) only adds value to an already desirable gem. Thus, the auction house has set its estimated price for $9 million – $14 million, or $682k to $1.06 million per carat.

It would be fascinating if the diamond broke the barrier for over $1 million per carat! A price like that would attest to the real value that the market applies to diamonds of this caliber.

3. 17.07ct Fancy Intense Pink Diamond, vvs1

17.07ct Fancy Intense Pink Diamond, vvs1
Image: Sotheby’s

Our final diamond is the spectacular 17.07 carat Fancy Intense Pink VVS1 emerald cut diamond. At double the size of the other intense pink emerald cut diamond of the evening, this diamond is truly going to stand out. Not only is it enormous, its pink color looks to be very strong and its very high clarity adds tremendous value. In fact, it is valued at a price well over 5 times the value of the 8.73 carat diamond. Sotheby’s has pinpointed its estimate at $12 million to $15 million, or $703k to $879k per carat (compared to the 8.73 carat diamond’s $2.5 million – $4.5 million!). It will be truly fascinating to see how the market values this high caliber stone, and whether it can meet or even exceed the auction house’s expectations.

The eyes of the entire world will be fixed on the diamonds up for auction on this fateful November evening, and expectations will be running high as to the prices that these pink diamonds will command. What do you think will

happen when these diamonds go under the hammer? Tell us in the comments!

The post 3 Huge Intense Pink Diamonds at Sotheby’s Geneva Auction appeared first on Naturally Colored.

A Time for Investment

The auctions in Geneva are the most exciting ones of the year, because they are the ones that attract the biggest diamond investors and diamond enthusiasts.

In fact, these Geneva auctions are notorious for earning extremely high diamond prices for the highest coveted diamonds that appear! It is well known that Sotheby’s and Christie’s reserve the best diamonds for these auctions, and for this reason, the entire world waits excitedly to see which diamonds these will be. The Christie’s catalog does not disappoint, with its star fancy color diamond an incredible and large pink diamond!

The Blue Moon of Josephine – Most Expensive Diamond in the World
Image: Sotheby’s

Pink diamonds and blue diamonds are the diamond colors that elicit the most excitement. Last year alone, an amazing $48.5 million was dropped on the Blue Moon of Josephine diamond at Sotheby’s in November, bringing it straight to the top of the most expensive diamonds list. Of course, this followed a purchase by the exact same buyer of the pink Sweet Josephine diamond the day before for $28.5 million. With results like that merely a year ago, it is anybody’s guess what this year will bring.

$18 Million for The 9.14ct Pink Diamond of the Hour

The 9.14 carat Fancy Vivid Pink VS2 pear shaped diamond
Image: Christie’s

The world is eagerly awaiting the debut of the 9.14 carat Fancy Vivid Pink VS2 pear shaped diamond that will be up for auction at Christie’s on November 15. Aside from its incredible beauty, its claim to fame is that it is the fifth largest ever vivid pink diamond to be sold at auction. Christie’s has valued it to sell for $16 million – $18 million, or $1.75 million to $1.97 million per carat.

The diamond has the potential to earn even its highest estimate. However, even if it does, it would not earn the title of the most expensive Fancy Vivid Pink diamond to ever sell at auction.

The Unique Pink
Image: Sotheby’s

That title belongs to the Unique Pink diamond, which was sold for $31.56 million. Considering that the Unique Pink is 15.38 carats, about 1.5 times the size of this diamond, it is hard to imagine that this diamond will earn a similar amount. However, perhaps it will make headlines and even gain an exciting title along the way!

What do you think? Does this diamond deserve to be the center of the auction’s attention?

The post $18 Million for a 9.14ct Pink Diamond – Christie’s Geneva appeared first on Naturally Colored.

Cartier Sky Blue Diamond Ring
By Sotheby’s

Sotheby’s has officially announced their lineup of beautiful diamonds and diamond jewelry, and as expected, has included some impressive fancy color diamonds on the list. The standouts are the headliner, the Sky Blue Diamond, and two pink diamonds. Generally speaking, the auction houses reserve the most spectacular gems of the year for the Geneva auctions because these auctions have long ago acquired a reputation for monumental pieces making big headlines in the news for record breaking prices.

About Sky Blue Diamond Ring

The most exciting piece of the night is the Sky Blue Diamond, an 8.01 carat Fancy Vivid Blue Type IIb square shaped emerald cut diamond ring by Cartier.

The auction house estimates that the diamond will sell for $25 million, following in the footsteps of blue diamonds of previous years. Just last year, the Blue Moon of Josephine diamond broke all known diamond records when it sold for $28.5 million, the current highest price ever paid for a blue diamond, and the hypothetical price for the Sky Blue diamond to beat. In the words of the Sotheby’s chairman of their international jewelry division David Bennet, the Sky Blue diamond is ‘a celestial blue’ and is a very flattering cut.

Notable Pinks to Follow

17.07ct Fancy Intense Pink Diamond, VVS1

The next noteworthy diamond is the 17.07 carat Fancy Intense Pink VVS1 emerald cut diamond. It is estimated to sell at a price between $12 million and $15 million. Given its large size and excellent pink color, it comes as no surprise that the diamond is expected to fetch such a high price. It is a matter of course that large pink diamonds demand some of the highest prices on the market. Even though the color intensity is Intense and not Vivid, the diamond is still delightful and will perform well.

13.20ct Internally Flawless Fancy Intense Pink Diamond

The final fancy color diamond highlight of the evening is the 13.20 carat Fancy Intense Pink IF pear shaped diamond. Not only does this diamond exhibit beautiful color and shape, its competitive advantage is in its clarity relative to its size. It is very rare to find such a large diamond with such good clarity, and the Internally Flawless clarity grade will be what pushes this diamond to its $14 million estimated price. Clarity is not usually such an important factor in the valuation of fancy color diamonds, unless it is an extremely good clarity as it is in this case. Therefore, there is tremendous importance behind the IF clarity of this diamond.

It is always a pleasure to see beautiful pink and blue diamonds at auction, and the ones that Sotheby’s has chosen for November 16 are truly magnificent. It remains to be seen whether diamond buyers will behave as in previous years, willing to lay down large sums of money to acquire their desired gems, or if Geneva will witness a different type of auction result this year. What do you think?

More information regarding the sale and the Sky Blue Diamond can be found at Sotheby’s

The post Cartier’s $25 Million Sky Blue Diamond Ring is Coming to Sotheby’s appeared first on Naturally Colored.

A photo posted by Beyoncé (@beyoncemadeyoubeautiful) on Sep 12, 2016 at 4:59am PDT

$9 Million Pink Diamond Ring

On her right hand, Beyoncé wore a 12 carat pink pear shaped diamond ring worth an estimated $9 million. The double-halo set diamond certainly deserved its spotlight backdrop with no other rings to detract from its pink perfection. And for those who doubt the “true value” of this gem – remember the “Unique Pink” Diamond – a 15.38 carat pear shaped vivid pink diamond estimated around $30 Million…

The Unique Pink
Image: Sotheby’s

On her left hand, Beyoncé wore a trio of diamond rings. Her pinky featured a $600.000 side-set marquise shaped ring. Her middle finger featured a $280,000 marquise and pear shape diamond ring, and her pointer finger featured a $1.5 million 20-carat wrap around diamond ring.

Diamond Earrings

Beyoncé’s most colorful accessory of the evening was her emerald, diamond, Paraiba and fancy intense pink diamond drop earrings. The colors were absolutely beautiful with her attire and were a stunning representation that exciting, colorful jewelry is the best way to complete an ensemble!

Blue Ivy’s Tiara

Not to be outshined by her mother, Blue Ivy wore a pinkish brown evening dress and matching rhinestone encrusted Nike dunks. Her dress was completed by a diamond tiara that also came from designer Lorraine Schwartz. The lucky little girl stayed glued to her mother on the red carpet but managed to strut her style with finesse.

SEE ALSO: $2 Million Dollars Argyle Pink Diamond Tiara

Beyoncé’s incredible jewelry including a massive pink diamond are once again a testament to the popularity of colorful luxury jewelry in haute couture. She may not have been wearing a halo with her wings but her jewelry was certainly glowing!

The post Beyoncé Wows VMAs With $13 Million of Diamond Jewelry appeared first on Naturally Colored.

UPDATE: The rare coin was sold within 48 hours. More information below.

Kimberley Treasure Red Diamond Coin
Image & Info: Perth Mint

The coin has been named the ‘Kimberley Treasure”, no doubt because it is composed of a valuable red diamond and pure gold, and is a “distinctive investment piece” according to Simon Trott, managing director of Rio Tinto’s diamond business. The coin is actual legal tender.

Other Gold Coins from the Perth Mint and Rio Tinto

This is not the first gold coin that the Argyle Mine has ever produced. Last March, Rio Tinto produced 440 rose gold coins embedded with pink diamonds weighing between 0.035 and 0.045 carats and called them ‘Kimberley Sunset’ coins. Each rose gold coin is composed of 2 ounces of gold and features a large boab tree, a tree from Australian culture. The coins were priced at $9,000 Australian dollars apiece.

The Other Collaboration Between Rio Tinto and the Perth Mint

The Perth Mint also released 168 pink diamond ingots, which are pink diamonds set in a credit card sized 1 ounce bar of 22 karat rose gold. Set with numerous pink diamonds artistically placed as flowers in the now-familiar boab tree, each ingot is valued at $4,000 Australian dollars.

Argyle Pink Diamond Ignots. Image – The Perth Mint

Where Did the $1 Million Valuation Come From?

Red is the most expensive diamond color! – The round red diamond on the ‘Kimberley Treasure’ would be valued at about $1.3 million – $1.4 million per carat, so given its 0.54 carat size, the diamond would be worth about $715,000 alone.

Of course, we have no information whatsoever regards to the diamond’s grading, aside from its size. Without knowledge the actual diamond color (Fancy Red or Fancy Purple Red) or the diamond’s clarity, it is rather difficult to estimate its value. Given that the gold would be worth about $43,000, this gives us a total estimated value of about $758,000 (the difference from the total price quoted above would be for overhead, such as labor, design, and so on). The true value here is in the diamond and Rio Tinto is counting on us to see the potential here.

The ‘Impossibly Rare’ Diamond – 2.83 carat Violet Diamond – 2016 Argyle Tender

The diamond is from the signature tender. Why is the Kimberley Treasure being released now? It is only a few weeks until the 2016 Argyle Tender is officially launched with the “Impossibly Rare” Violet Diamond. Perhaps Argyle is trying to drum up excitement, especially considering the current state of the diamond industry. A boost of interest is exactly what they currently need, and this beautiful coin was an excellent way to begin the season.

What do you think of the new Kimberley Treasure?

The Kimberley Treasure Coin Sold Within 48 Hours

This update comes not long after the release of the original post…
The one of a kind coin was sold for an undisclosed price to Tiara Gems and Jewellery, a Dubai, United Arab Emirates only 48 hours of its release…

The post $1 Million Argyle Red Diamond Coin – The Kimberley Treasure appeared first on Naturally Colored.

The 26 year old actress showed off what looked like a massive pink diamond engagement ring with her ensemble for the evening. It caught everyone’s attention because of its positioning on her left ring finger, its vibrant pink color, and gorgeous diamond halo setting.

Pink Australian Diamonds for an Australian Girl

Maybe by chance or maybe pink is Margot’s favorite color but bringing an Australian a pink diamond is practically a must!

Most of the pink diamonds that are mined annually originate in Australian diamond mines, specifically the Argyle mine that is operated by Rio Tinto. Australia is well regarded for its pink diamonds and holds international status and respect for their natural pink treasures.

Ever since Jennifer Lopez famously received a pink diamond engagement ring, and more recently trendsetter Blake Lively as well from husband Ryan Reynolds, pink diamond engagement rings have come to the forefront of status and fashion. Whether you choose to mount your pink diamond in a more vintage style in rose gold or a more modern look in white gold or platinum, pink is the most exciting trend in jewelry today.

But… Is That Really a Pink Diamond?

Well… it is a pink gem, it is a ring and it appears to be on the right finger. This means that Margot has gotten a pink engagement ring. But, from this to assume that this huge pink looking gem is a pink diamond is a leap of faith (or maybe wishful thinking?).

In my opinion, the ring in the picture does not actually feature a pink diamond as the center stone. Based on the depth of the color in the photos, it is either an extremely expensive pink diamond with amazing intensity and a very large carat size, making her fiancée the possibly mysterious buyer of the Unique Pink – or more likely, not a pink diamond at all.

The Unique Pink (Image: Sotheby’s)

What do you think? Is Margot Robbie engaged? Did she get a pink diamond or pink sapphire?

* Picture by Eva Rinaldi

The post Did Margot Robbie get a Pink Diamond Engagement Ring? appeared first on Naturally Colored.

The Pink Star Diamond
Internally Flawless 59.60 carat Fancy Vivid Pink Diamond
Image: Sotheby’s

When Wolf defaulted on the payment, Sotheby’s took back the diamond ostensibly in wait for another buyer to approach them privately to acquire the diamond instead. The diamond was officially valued at $72 million for this purpose.

The Pink Star Diamond is Sold (again)

Sotheby’s has now officially released a statement that together with two partners, Diacore and Mellen Inc. they have acquired the diamond for $72 million. Diacore is a diamond manufacturer specializing in rare fancy colored stones, are headquartered in Johannesburg, South Africa and Mellen Inc. is a third generation private, family-run jeweler based in New York.

Diacore were the original polishers of the diamond as they had bought it in its 132.50 carat rough state and polished it over 2 years to its current appearance. Now, the three companies have joined together to buy the diamond, although the exact financial details have not been disclosed to the public.

The Biggest but not the Priciest

The Pink Star remains the largest vivid pink internally flawless diamond to ever be graded by the GIA. However, since it was not ultimately sold at auction, it is not considered the most expensive diamond to ever sell at auction despite its $72 million price tag.

That honor currently stands with the “Oppenheimer Blue”, the 14.62 carat Fancy Vivid Blue diamond that sold on May 18 for $57.5 million in Christie’s Geneva, beating out the previous record holder, the “Blue Moon of Josephine”, a 12.03 carat Fancy Vivid Blue diamond which sold on November 2015 for $48.5 million.

‘Pink Star Diamond’ – 59.6 carat Flawless Vivid Pink Diamond (Photo Sotheby’s)

It remains to be seen what will happen with the Pink Star now that it has been bought by its 3 partners. The most interesting aspect to note about this story is the auction house’s utter faith in the stone, which is a testament to their belief in the rising value of pink diamonds and fancy color diamonds in general, but especially ones of notable characteristics like the Pink Star.

There is no doubt that they would not have done this for just any stone, but this diamond is clearly one worth putting up some money. We follow the Pink Star’s journey with curiosity as its next steps remain to be revealed.

The post The Dream of the Pink Star Diamond’s Value Continues appeared first on Naturally Colored.