The Pink Star

pink diamond

The Amazing “Pink Star,” a 59.60ct oval-cut pink diamond is the largest internally flawless fancy vivid pink diamond every graded by the Gemological Institute of America. It is expected to achieve in excess of $60 million in an upcoming Sotheby’s auction in Geneva, Switzerland.

So where did it come from? – Unearthed by De Beers as a 132.5ct rough in 1999 in Africa, the stone was originally sold in 2007 under a different name, the “Steinmetz Pink.” Now it’s been renamed “The Pink Star.” More than twice the size of the 24.78ct Graff Pink fancy intense pink diamond, which sold in Sotheby’s Geneva in 2010 for $46.2 million. It currently holds the record for the most valuable gemstone or jewel sold at Auction, and it also exceeds in both size and richness of color of any pink diamond found in state, royal or private collections.

[Source: Sotheby’s]

More information about the auction here.

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