Last Updated :
26 November 2009 at 23:50 IST
Pink diamond to go under hammer on Dec 1
HONG KONG (Commodity Online): Vivid Pink, a five-carat stone flanked by two white diamonds and set in a ring by elite jeweler Graff, will go under hammer during the Christie’s auction in Hong Kong on December 1.
The diamond is expected to fetch $8 million.
The sparkler toured Singapore, Bangkok, Geneva and Taipei before returning to Hong Kong, where it will be auctioned on December 1 at the Convention and Exhibition Center alongside 250 other gemstones and pieces of jewelry from the likes of Cartier and Van Cleef and Arpels. Altogether, the jewelry sale’s lots are estimated to be worth more than $33 million.
The pink stone earned top marks from the Gemological Institute of America, which rates diamonds. The gem is unique because of its particular hue, a rich bubblegum rather than a more common lighter rose. It is also valuable because of its saturation, the depth the color extends into the stone.
In Geneva last week, Sotheby's sold a diamond of similar size and shape, but a lighter shade, for $1.4 million.
MCX COPPER MINI 29 June 2012
contract was trading at
Rs 403.85 , up Rs. 5.25 . What's your view on it?
After reading this article, people also read:
