The Star Malaysia

RM193mil pink diamond up for auction

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GENEVA: A flawless 59.60-carat pink diamond known as the “Pink Star” is up for grabs at a Sotheby’s auction in November with an asking price of US$60mil (RM193mil), the highest ever sought for a gemstone.

David Bennett, chairman of Sotheby’s jewellery division in Europe and the Middle East, said the diamond belonged in “the ranks of the earth’s greatest natural treasures”.

“It is difficult to exaggerate the rarity of vivid pink diamonds weighing only five carats, so this 59.60 carat stone is simply off any scale,” he said in a statement.

The sparkling oval-cut rock, which has received the highest possible colour and clarity rating from the Gemologica­l Institute of America, was presented to reporters yesterday and will be part of the auction house’s Magnificen­t Jewels auction in Geneva on Nov 13.

Set on a ring, the gem measures 2.69cm by 2.06cm and weighs 11.92gm. It would rake in around US$5mil (RM16mil) per gm or US$1mil (RM3.2mil) per carat if Sotheby’s receives its asking price.

At a luxury Geneva hotel, amid tight security, a model gracefully turns her hand to allow the glimmering stone to catch the light.

Listed as an internally flawless fancy vivid pink diamond, the now plum-sized shimmering gem was 132.5 carats in the rough when it was mined by De Beers in Africa in 1999, Sotheby’s said, not specifying which African country it came from. — AFP

 ??  ?? Twinkle, twinkle: A Sotheby’s employee holding up the Pink Star diamond during a preview at Sotheby’s in Geneva. — AP
Twinkle, twinkle: A Sotheby’s employee holding up the Pink Star diamond during a preview at Sotheby’s in Geneva. — AP

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