For its coming sale of Magnificent Jewels and Noble Jewels, Sotheby’s is going to offer ‘The Raj Pink’, the world’s largest known Fancy Intense Pink diamond, weighing 37.30 carats. Estimated at US$20m - 30m, it will be sold at Sotheby's Geneva on 15 November 2017.
‘The Raj Pink’ was named by the current owner of the diamond based on the Sanskrit word for ‘king’. The rough diamond which yielded ‘The Raj Pink’ was studied for over a year after its discovery in 2015. It was then entrusted to a master cutter, who brought the diamond’s innermost beauty to full display by crafting it into an exceptional cushion-modified brilliant cut.
The Gemological Institute of America (GIA), which certified the diamond, characterized it as an “astonishing stone”, describing its hue as “a very bright and ravishing fancy intense pink colour”. It continued, “For a diamond to display strong, unmodified pink colour like that observed in 'The Raj Pink' is rare, particularly at so considerable a weight”.
The discovery of a gem-quality pink diamond of any size is an extremely rare occurrence. Of all diamonds submitted to the GIA each year, less than 0.02% are predominantly pink.
The Graff Pink diamond, which holds the auction record for fancy intense pink diamond
The world auction record for fancy intense pink diamond is currently held by The Graff Pink diamond. Once owned by American jeweller Harry Winston, the 24.78-carat stone sold for $46.1 million at a Sotheby's Geneva sale in 2010.
'The Raj Pink' will be on view in Hong Kong from 23–24 October alongside other highlights from the Magnificent Jewels & Noble Jewels sale. The Value will keep you all posted of any updates. Please stay tuned.
Highlights of Sotheby's Magnificent Jewels & Noble Jewels
'The Raj Pink', the World’s Largest Fancy Intense Pink Diamond
Weight: 37.3 carats
Estimate: CHF 19,250,000–29,000,000 (US$20,000,000 – 30,000,000)
“Floramundi Earrings”
Weight: 41.55 carats
Colour: D
Clarity: Internally Flawless (IF)
Estimate: Price upon request.
Fancy Vivid Blue Diamond Ring
Weight: 7.41 carats
Clarity: Internally Flawless (IF)
Estimate:
CHF13,450,000 –17,300,000 ($14,000,000–18,000,000)
“Arrow Earrings”. Pear-shaped diamond centre stones in pavé white diamonds, augmenting their intense fancy yellow colour.
Weight: 14.57 carats
Estimate: Price upon request
Fancy Light Pink Diamond Ring
Weight: 33.63 carats
Clarity: VVS1
Type: IIa
Estimate: CHF7,700,000–13,450,000 ($8,000,000–14,000,000).
Auction details
Auction house: Sotheby’s Geneva
Sale: Magnificent Jewels & Noble Jewels
Sale no.: GE1705
Exhibition:
London|13–17 October
Singapore|20–21 October
Hong Kong|23–24 October
Taiwan|26–27 October
New York|3–4 November
Geneva|11–15 November
Auction:
2017/11/15|10:00 am