Vivid pink diamond could go for $35 million at Christie’s auction

November 4, 2022 - 2:07 PM
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A model holds a 18,18 carat pink diamond called "Fortune Pink" that could fetch 30 million US dollars during a preview at Christie’s before the auction sale in Geneva, Switzerland, November 2, 2022. (Reuters/Denis Balibouse)

The largest pear-shaped fancy vivid pink diamond ever put up for auction could sell for up to $35 million at a Christie’s sale of rare jewels on Nov. 8, the auctioneer said on Wednesday.

“The diamond weighs 18.18 carats, which is of course an extremely fortuitous number for Asian collectors. We’ve had a huge amount of interest around the world already,” said Max Fawcett, head of Christie’s jewelry department in Geneva.

“The color is exceptional. It’s a true vivid pink and a clean stone. It really, really is a gem and something that we haven’t seen in a long time at Christie’s.”

The Fortune Pink Diamond is estimated to go for $25 million to $35 million.

The largest vivid pink diamond sold at Christie’s was the 18.96-carat Winston Pink Legacy, which got $50.4 million in 2018, a world record price per carat for a pink diamond sold at auction.

($1 = 0.9992 Swiss francs)

—Reporting by Cecile Mantovani; writing by Michael Shields; Editing by Alex Richardson