£48m! Pink di­a­mond at a price to make you blush . . .

Daily Mail - - News - By Tom Witherow

It’s pink, per­fect – and very, very pricey. One of the world’s great nat­u­ral trea­sures, this 59.6-carat di­a­mond is ex­pected to fetch £48mil­lion at auc­tion – mak­ing it the largest and most ex­pen­sive cut gem in his­tory.

the stone, known as the Pink star, was un­veiled in London yes­ter­day ahead of its sale in Hong Kong next month. It is more than twice the size of the 25-carat Graff Pink – which holds the pink di­a­mond auc­tion record at £37.3mil­lion.

It is also ex­pected to out-price the fa­mous Op­pen­heimer Blue, which be­came the world’s most valu­able di­a­mond when it fetched £40mil­lion last year.

Coloured gem­stones are highly prized. Kate Mid­dle­ton’s en­gage­ment ring car­ries a 12-carat blue Cey­lon sap­phire and singer Jen­nifer Lopez wore a 6.1- carat pale pink di­a­mond dur­ing her ill-fated re­la­tion­ship with Ben Af­fleck.

Pink di­a­monds, the rarest of all, are known for their unique lev­els of pu­rity and ‘ex­tra­or­di­nary op­ti­cal trans­parency’.

the oval mixed-cut Pink star is the largest in­ter­nally flaw­less fancy vivid pink di­a­mond ever graded by the Ge­mo­log­i­cal In­sti­tute of Amer­ica.

Ex­perts have called it ‘per­fect in ev­ery way’ and say it could even sell for as much as £80.8mil­lion on the back of a boom in the in­ter­na­tional econ­omy.

David Ben­nett of auc­tion house sotheby’s said: ‘the ex­tra­or­di­nary size of this 59.6-carat di­a­mond, paired with its rich­ness of colour, sur­passes any known pink di­a­mond recorded in his­tory.’

the Pink star was a 132.5-carat rough di­a­mond when it was mined in south Africa in 1999 and un­der­went two years of metic­u­lous cut­ting and pol­ish­ing. It was of­fered at auc­tion by sotheby’s in 2013 and fetched £52mil­lion, but the Amer­i­can buyer de­faulted on the pay­ment.

De­spite its size, ex­perts say the di­a­mond can still be fit­ted into a ring. the Blue Moon, a 12.03-carat blue di­a­mond, sold for £39mil­lion in 2015 – the high­est price per carat ever paid at auc­tion.

Flaw­less: The 59-carat Pink Star

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