Giant Pink Diamond from Christie’s A Cut above The Rest

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An 18.96 carat Fancy Vivid Pink Diamond is seen on display prior to it being auctioned in November in Geneva, at Christie's in London
An 18.96 carat Fancy Vivid Pink Diamond is seen on display prior to it being auctioned in November in Geneva, at Christie's in London, Britain, September 25, 2018. REUTERS/Toby Melville
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LONDON (Reuters)

A pink diamond weighing in at almost 19 carats is set to go on tour before being auctioned in Geneva and could fetch a record price of between $30 million and $50 million, Christie’s auction house announced on Tuesday

The rectangular cut Pink Legacy is rated “vivid”, the highest rating for a diamond‘s color, and weighs 18.96 carats, making it the largest fancy vivid pink diamond Christie’s has ever offered for auction.

 

Jewellery Specialist at Christie's, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie's in London
Jewellery Specialist at Christie’s, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie’s in London, Britain, September 25, 2018. REUTERS/Toby Melville

 

It was once part of the Oppenheimer collection, Christie’s said, referring to the family who built De Beers into the world’s biggest diamond trader.

“Its exceptional provenance will no doubt propel it into a class of its own as one of the world’s greatest diamonds,” said Rahul Kadakia, international head of jewelry at Christie’s.

 

 

Only four vivid pink diamonds of over 10 carats have ever been offered for sale at auction, with a record price per carat set last November when Christie’s Hong Kong sold “The Pink Promise“, an oval-shaped diamond of just under 15 carats, for $32,480,500.

The Pink Legacy will be shown in Hong Kong, London and New York before being auctioned by Christie’s Geneva on Nov. 13.

 

(Reporting by Alex Fraser; writing by Jason Neely)

 

Jewellery Specialist at Christie's, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie's in London
Jewellery Specialist at Christie’s, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie’s in London, Britain, September 25, 2018. REUTERS/Toby Melville

 

Jewellery Specialist at Christie's, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie's in London
Jewellery Specialist at Christie’s, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie’s in London, Britain, September 25, 2018. REUTERS/Toby Melville

 

Jewellery Specialist at Christie's, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie's in London
Jewellery Specialist at Christie’s, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie’s in London, Britain, September 25, 2018. REUTERS/Toby Melville

 

Jewellery Specialist at Christie's, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie's in London
Jewellery Specialist at Christie’s, Rachel Evans-Omeyer, poses with an 18.96 carat Fancy Vivid Pink Diamond prior to it being auctioned in November in Geneva, at Christie’s in London, Britain, September 25, 2018. REUTERS/Toby Melville