Vivid Pink for Hong Kong

[Pierre Tavlitzki]

Perfect diamonds of a rare color may exceed 1 MUS$ per carat. They are particularly greeted in Hong Kong: remember the sale by Sotheby's of a blue diamond of 6 carats for 68 MHK$ including fees on 8 October 2007.

Remember also for once an unsold, which had unfortunately been presented in Geneva by Sotheby's on 19 November 2008. That day, the economic crisis hit the auctions of diamonds, including one exceptional dark red of 1.92 carats which had been estimated 2.8 MCHF.

Christie's wants to establish itself as the leader of this market, and puts forward for sale in Hong Kong on December 1 a new exceptional gem. It is a perfect fancy pink diamond (potentially flawless), cushion cut at exactly 5 carats, set in a ring by Graff. It is also outstanding for a pink diamond to display an absolutely pure color, with no trace of secondary shade.

The estimate, 39 MHK$, is exactly at 1 MUS$ per carat. The press release reminds four results of the auction house on fancy pink diamonds, between 6 and 7.5 MUS$, recorded between 1989 and 2005. The smallest of the four was already weighing 20 carats. None of them had the same level of "potentially flawless".

[Pierre Tavlitzki]

The price of top quality diamonds continues to rise. The Vivid Pink reached HK $ 83M including premium, which is a sensational price of U.S. $ 2.1 million per carat. It is mounted on a Graff ring.

It is a brilliant success for Christie's, and for Hong Kong.

Here is its image shared before the sale by the New York Times.