Auction of Large Pink, Blue Diamonds May Signify Investors' ReturnOctober 02, 11
This 9.27ct, fancy vivid pink, VVS1 emerald-cut
diamond is expected to fetch $1.4-$2.1 million
p/c at Sothbey's in Hong Kong
Collectors and dealers a like have paid top prices for exceptional diamonds at auctions in
The upcoming auction may mark a return to high bids, especially as collectors keep looking for alternative investment venues.
The diamond is the top priced item at Sotheby's Magnificent Jewels and Jadeite to be held in
The rare VVS1 clarity pink diamond is carrying a pre-sale estimate price of $12.8-$19.2 million. The diamond is set in a platinum and 18-karat pink gold ring, flanked on each side by a trapeze-shaped diamond together weighing approximately 1.60 carats.
The pink diamond's estimate represents a per carat price of $1.4-$2.1 million.
Alongside the 9.27 carats pink, Sotheby's is also offering a 6.01-carats fancy vivid blue diamond estimated at $9-$10.9 million and a 39.99-carats pear-shaped white diamond, among many other exceptional diamonds.