Jewel of the day: Christie’s 16.08 Carat Pink Diamond Ring
The run up to Christmas is when all the best bling comes out of hiding and reveals itself at magnificent auction sales. The auctioneer notes, “On 10 November, Christie’s is to present the largest cushion-shaped Fancy Vivid Pink diamond ever to be offered at auction, continuing a long tradition of presenting the most extraordinary jewels in the world. With an estimated value of US$23-28 million, the 16.08-carat stone is to be one of several pieces featured in the inaugural Magnificent Jewelsauction in Geneva.
The diamond is set in a ring, and is surrounded by a double row of pavé white diamonds, highlighting the main stone, with a third row of small pink diamonds underneath. The band is comprised of small circular-cut white diamonds set in platinum — a delight for both the serious diamond connoisseur and those seeking a stand-out addition to their jewellery collection.
In the realm of natural coloured diamonds, those of a distinct pink hue are the most sought after among gem connoisseurs — regularly achieving record auction prices that are as extraordinary as the diamonds themselves. While most pink diamonds exhibit a colour modifier, like purple, orange, brown or grey, the 16.08-carat stone to be offered at Christie’s shows no trace of secondary colour, making it both attractive and exceptionally rare.
The stone’s even colour distribution, combined with a balanced saturation and tone and straight pink hue, qualify the 16.08 carat pink for the coveted ‘Fancy Vivid’ colour grading from the Gemological Institute of America (GIA). That only one in one hundred thousand diamonds possesses a colour deep enough to qualify as ‘Fancy’ underscores its absolute rarity.
In the Fancy Vivid pink range, diamonds of even five or six carats are rarely encountered in the sale room and those over ten carats are virtually unheard of. In fact, fewer than 10 per cent of pink diamonds weigh more than one-fifth of a carat. In almost 250 years of auction history, only three pure vivid pink diamonds of over ten carats have appeared for sale.”
An auction preview is available here.