Pink diamond to fetch £ 37m at auction

Apink diamond is expected to fetch more than £ 37 million at auction. The sparkler looks set to be the priciest sparkler in the world if it breaks the £ 28.5 million record, which was set by the Graff Pink diamond in 2010, when it goes on sale at Sotheby’s auction in Geneva, Switzerland.

David Bennett, chairman of Sotheby’s European division, said: “It is difficult to exaggerate the rarity of vivid pink diamonds weighing only five carats, so this 59.60 carat stone is simply off the scale, and passes, I believe, into the ranks of the earth’s greatest natural treasures.

“You can’t take your eyes off it.”