Investment Diamond Exchange Lists 22.17 ct. Fancy Intense Pink Diamond
July 18, 13
(IDEX Online News) – Los Angeles-based Investment Diamond Exchange (IDX) is offering a 22.17 ct. fancy intense pink diamond for sale. The stone is anticipated to be sold for more than $23 million when it goes up for auction at the end of July.
“We have already received multiple bids at $23 million and we expect the competition to heat up as we near the end of the auction in July,” said Chris Duffield, managing partner of IDX.
According to Sotheby’s, pink diamonds averaged 443-percent appreciation between 2003 and 2010.