A pink diamond has been offered for practically £45 million in Hong Kong, setting a world file for the best value per carat for a diamond offered at public sale.
The 11.15-carat Williamson Pink Star diamond, auctioned by Sotheby’s Hong Kong, offered for 392 million Hong Kong dollars dollars (£44.9 million). It was initially estimated at £18.9 million.
The Williamson Pink Star attracts its identify from two legendary pink diamonds.
The primary is the 23.60-carat Williamson diamond which was introduced to the late Queen Elizabeth as a marriage present in 1947, whereas the second is the 59.60-carat Pink Star diamond that offered for a file £64 million at public sale in 2017.
When you think about an alluring hyperlink to Queen Elizabeth, the rising costs for pink diamonds ... and the backdrop of an unstable international financial system, this diamond may show to be a really compelling proposal for the precise particular personTobias Kormind, 77 Diamonds
The Williamson Pink Star is the second-largest pink diamond to seem at public sale. Pink diamonds are among the many rarest and most dear of the colored diamonds.
“When you think about an alluring hyperlink to Queen Elizabeth, the rising costs for pink diamonds due to their growing rarity, and the backdrop of an unstable international financial system, this diamond may show to be a really compelling proposal for the precise particular person,” mentioned Tobias Kormind, managing director of 77 Diamonds.
“Exhausting belongings reminiscent of world-class diamonds have a historical past of performing nicely. A number of the world’s highest high quality diamonds have seen costs double during the last 10 years,” he mentioned.