Monday, September 5, 2022 – 5:58 PM
DUBAI, 5th September / WAM/ The Dubai Multi Commodities Center (DMCC), the free zone operating globally and the authority of the Government of Dubai for trade in goods and projects, will today host an exclusive display of one of the world’s purest pink diamonds, the “Williamson Pink Star” at the Dubai Diamond Exchange. .
The world exhibition tour of this rare pink diamond weighing 11.15 carats began from the Emirate of Dubai, which is one of the most prominent centers of the international diamond trade, and its next destination will be Singapore and then Taipei, before it will be offered at an auction organized by Sotheby’s auction house during the month of October in Hong Kong. The “Williamson Pink Star” diamond, expected to be worth more than $21 million, is likely to set a new record price per carat due to its high purity.
Ahmed bin Sulayem, CEO and CEO of DMCC, said that the year 2022 represented an exceptional milestone in Dubai’s diamond trade, as the UAE was announced as the largest center for trading rough diamonds in the world, in addition to recording a record performance in diamond trade during the first half of the year. The fact that Sotheby’s has chosen the Dubai Diamond Exchange to unveil this rare pink diamond for the first time is further evidence of Dubai’s pivotal role in the global diamond industry.”
Wenhao Yu, Chairman of Sotheby’s Jewelery and Watches in Asia, said: “It is extremely rare to find a pink diamond, regardless of size, of such high purity and clarity. In large pink diamonds over 5 carats over the past decade, this rare diamond is in a unique position.”
WM / Munira Al-Sumaiti / Reda Abdel Nour