A rare pink diamond soon to be auctioned in New York for 35 million dollars

This 10.57-carat “impurity-free” precious stone, which was extracted in 2019 from a mine in Botswana then weighing 23.78 carats gross, will be sold on June 8, in New York, raised to the rank of international center of the art and luxury market.

According to Sotheby’s, an auction house owned by French, Moroccan and Israeli magnate Patrick Drahi, the auction for this “Eternal Pink”, valued at $35 million, will be held during a special week of jewelry sales.

“You are dealing with the rarest of the few (diamonds), whose stone suffers no comparison,” enthused Alexander Eblen, head of jewelry sales for Sotheby’s, to AFP.

“Rated at approximately $3.3 million per carat, or just over $35 million, this is the highest estimate per carat for any gemstone on the market,” he added. .

In a booming auction market in New York, the auction houses Sotheby’s, Christie’s or Philips are firing on all cylinders on sectors other than painting and sculpture, including jewelry, and the clothing and movable heritage of stars arts, letters and sports.

Sotheby’s believes that this pink diamond – among the most sought following by investors – is “much rarer than a (painting by Belgian surrealist painter René) Magritte or a (painting by American pop art master Andy) Warhol”, because of its purity and perfection.

The current all-time high for the sale price of a pink diamond was reached in Hong Kong in 2017, at $71.2 million. And the Williamson pink diamond was also sold in Hong Kong in 2022 for $57.7 million.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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