6.17-ct Fancy Pink could Fetch $1.8m
November 16, 25
(IDEX Online) - A 6.17-carat fancy pink diamond is expected to fetch up to $1.8m in an online auction.
The Angelina belonged to Willa Dean Lyon, wife of Maj Gen William Lyon, and was named after their granddaughter.
Maj Gen Lyon was a successful businessman and real estate magnate from Southern California who built over 100,000 homes across the US. He died in 2020, aged 97. His wife died last year, aged 92.
The VVS2 oval modified brilliant diamond is set in an 18k white and rose gold ring, with about 1.00-cts of near-colorless diamonds.
It is being sold by Heritage Auctions, based in Dallas, as part of its Holiday Fine Jewelry Signature Auction, which closes on 3 December. The estimate is $1.2m to $1.8m.
According to the Fancy Color Research Foundation (FCRF), fancy pinks have appreciated by roughly 116 per cent over the past decade, outpacing all other fancy color categories for their investment potential.