The Pink Star diamond is Supposed to Fetch $60 million at Sotheby's Auction

The difference between the shop and auction sale is a price tag of the offered products. With the first it is fixed, while with the second it may skyrocket to unpredictable rates. The last is likely to happen this November during Sotheby's auction in Geneva. There is a 60-carat reason for that named the “Pink Star”.

A flawless huge (59.60 carats) vivid pink diamond is up for sale at Sotheby's in November with the starting price $60 million — the highest ever offered for a gemstone at the auction. This is one of the most rarest combination of diamond color and size what automatically ranks the Pink Star as the Earth's greatest natural treasure. The thing is, the majority of vivid pink diamonds weight not more than five carats, thus it make this giant off any scale.

Five Most Expensive Diamonds in the World

There are many factors that make diamonds so talked about, like color, size, purity, brilliance, and many more. But this is also the price tag that turns any gem into a legendary jewel. With flawless diamonds the price breaks all limits exceeding tens of millions of dollars. That is why to satisfy everyone's curiosity we offer the list of five most expensive diamonds so far:

1 The Graff Pink, a fancy intense pink diamond, was named after its owner, the diamond dealer Laurence Graff. This is a 24.78-carat round-cornered rectangular step-cut diamond. Evidently the buyer knew the real value of the stone since he overpaid $19 million of the minimal estimated price. The diamond mounted in a ring was expected to fetch between $27 million to $38 million, however Laurence Graff parted with $46 million for the opportunity to be the sole owner of the most expensive single jewel on the planet named after him.

Brighten Up Your Holidays With ... Black Jewelry?

 

The title may indeed sound vicious but it has nothing to do when it concerns diamonds. It's Christmas fever time and the best time to buy and give presents. With this in mind Ishay Ben-David Corporation offers a unique present – Ishay Ben-David 51-carat black diamond necklace.

The heart of the necklace is adorned with a 51.06 carat natural fancy black diamond, which is extremely rare both in natural color saturation and size. This black beauty is surrounded by a number of white diamonds to emphasize its allure. 553 tiny diamonds make 14.35 carats in total. There is a shield-shaped white diamond that adds to necklace singularity: this is IF, E color 1.68-carat gem. In case you feel hanker for this present there is one thing for you to know about it, which is probably the most important one, the price tag: $1 million!

Surely, only a few people can afford to own jewelry like that, meaning it's very expensive, but this can be little reasons for regrets if you are not among those. Diamonds are no more the privilege of rich people chiefly, which was considered a preconceived opinion before. The advanced technologies made it possible to grow real diamonds under natural-like conditions so that you can enjoy diamond jewelry at a reasonable price. Unfortunately, black diamonds are not yet in the list of man made diamonds for sale, but when the choice of color is not the point, you can consider over lab grown stones as a decent alternative, can't you?

Pink Diamonds Attacking the Auctions

When a rare diamond appears at Christie's auction it always makes a stir with everybody anticipating to find out jewel's final price. Once it's found, it might make you dumb, dazed or even shocked. Just like it happened to Clark Pink, 9-carat cushion-cut diamond, the jewel from Huguette Clark's estate.

This purplish pink diamond ring with a gem set in platinum is now the world's known jewelry piece as it hit the record price ever paid for pink diamond ring - $15.7 million! It was a big surprise for both the auction organizers and bidders as far as the pre-estimated price was only $8 million upper limit.

But this is not the only pink diamond that is likely to go under the hammer this year. “Martian Pink”, the largest pink diamond that has never been auctioned before, will be on sale at Christie's in Hong Kong on May 29. 12.04-carat pink diamond of brilliant cut is supposed to fetch about $8 million. Jewelry specialists are talking about its history: in 1976 it was bought from Harry Winston who decided to name it “Martian” to commemorate the Martian Exhibition launched by the United States. You may ask why Hong Kong became the target market, the answer is simple — Shanghai is getting the reputation of a prospective jewelry market where there are enough buyers ready to pay a significant sum of money for rare diamonds. Let's wait to find out the selling price of this gem, meanwhile you may enjoy this video

First All-Diamond Ring

Here you can find many posts about various precious rings incrusted with diamonds, for example this and this one. But the unique diamond ring has been recently created by Shawish Jewellery company – all diamond ring cut from a single diamond stone!

The idea of creating one-of-a-kind ring came to Mohamed Shawesh, the president of the company, who implement it in life and unveiled his progeny. This is a 150-carat diamond ring cut from a single diamond either to outrange “Tsarevna Swan” ring that set the Guinness world record for most cut diamonds mounted into one ring (2,525 gems) or to brake the bank being priced at $70 million. But it seems Mohamed Shawish killed two birds with one stone. Still, it took much time and efforts to get such excellent results. According to Shawish, he spent a year on getting the copyright for the ring's design, and once it was approved they had to purchase a special laser to cut it perfect.

Natural diamonds are know for their high price tags, but this time it surpassed all possible limits. So, now we are waiting for the sale to discover the name of a happy (and wealthy) owner. Stay tuned!