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September 25, 2013updated Sep 26, 2013

Sotheby’s Geneva Presents the Most Valuable Diamond Ever Auctioned

By Chris Boyle

Pink Star Sotheby's Geneva_Sotheby’s Geneva is to present The Pink Star – the most valuable diamond ever offered at auction – in its sale of Magnificent Jewels on November 13.

A natural treasure estimated in excess of $60 million, the 59.60-carat oval cut pink diamond is the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America (GIA) has ever graded.

Commenting on the forthcoming sale of The Pink Star, David Bennett, Chairman of Sotheby’s Jewellery Division in Europe and the Middle East and Chairman of Sotheby’s Switzerland, said: “I have had the privilege of examining some of the greatest gemstones in the world over the past 35 years, and I can say, without hesitation, that The Pink Star diamond is of immense importance.

“Its exceptional richness of colour – graded as ‘vivid pink’ by the Gemological Institute of America – combined with its extraordinary size, are characteristics that surpass those of any known pink diamond in State, Royal, or private collections.

“It is difficult to exaggerate the rarity of vivid pink diamonds weighing only five carats, so this 59.60 carat stone is simply off any scale, and passes, I believe, into the ranks of the earth’s greatest natural treasures.”

 

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