Rare Pink Diamond On The Auction Block
Want further proof that pink is ‘the’ color for 2011? Christie’s has a stunning 10-carat purplish-pink diamond up for sale that could fetch millions.
Pink diamonds are the ‘it girl’ of the auction world these days, with no less than four rosy stones bringing in more than $1 million per carat at auction in the past 15 months.
“Collector demand for large colored diamonds has never been stronger, especially where pink diamonds of this size and quality are concerned,” said Christie’s in New York.
The diamond is estimated at $12 million to $15 million, but could bring in more if the market continues to stay strong. The record for pink diamonds belongs to a 24.78 carat stone which sold for $46 million at Sotheby’s last year.
The latest rock to go on the block is a 10.09 Fancy Vivid purplish-pink diamond that’s the featured gem of Christie’s Magnificent Jewels Sale in New York on April 12th.