– Sotheby’s set a new world auc­tion record for any jewel with the Pink Star

MillionaireAsia India - - Contents -

Sotheby’s set a new world auc­tion record for any di­a­mond or jewel when the Pink Star, a 59.60-carat oval mixed-cut vivid pink di­a­mond, sold for US$71.2 mil­lion, in Hong Kong. The Pink Star was ac­quired by renowned jew­eller Chow Tai Fook, with the win­ning bid placed by Dr. Henry Cheng Kar-Shun, Chair­man of the com­pany. The Pink Star has been re­named CTF Pink Star in mem­ory of the late Dr. Cheng Yu-Tung, fa­ther of the cur­rent chair­man and founder of Chow Tai Fook, and com­mem­o­rates the es­teemed brand’s 88th an­niver­sary. The CTF Pink Star is the largest In­ter­nally Flawless Fancy Vivid Pink di­a­mond that the Ge­mo­log­i­cal In­sti­tute of Amer­ica (GIA) has ever graded. It has re­ceived the high­est colour and clar­ity grades from the GIA for pink di­a­monds and been found to be part of the rare sub­group com­pris­ing less than 2 per cent of all gem di­a­monds – known as Type IIa: stones in this group are chem­i­cally the purest di­a­mond crys­tals and of­ten have ex­tra­or­di­nary op­ti­cal trans­parency. www.sothe­bys.com

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