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.

Fancy Intense Pink Diamond Ring at Lauder's Auction

'Auction season' is going full steam! After Sotheby's Auction with its deep blue record breaker and Christie's Auction where flawless colorless diamond was sold at a very high price, it's just the time for Lauder Auction which also had the lot to boast – a 6.54 ct. fancy intense pink diamond ring.

The pink diamond ring of amazing beauty (pink diamonds are bond to be so, in fact) is an item from the collection of Evelyn H. Lauder that is to benefit breast cancer research. The estimated price was only $5 million while during the auction the ring fetched $8.59 million, which is $1.3 million per a carat. This is not the record, of course, but it wasn't supposed to be so either. The money gained at auction sale should help in breast cancer research.

Six bidders fought for this flawless diamond whose color speaks for Lauder's awareness of breast cancer problem.

Colored diamonds were, are and will be in high demand among customers. The love for them seems to be endless.

Tints of Pink

There are always debates about what diamonds are the most popular among celebrities: pink or blue? But it would look like seeking for a simple answer to a difficult question. This is actually not what we are going to do this time, yet will turn your attention to undoubtedly one of the most sought after diamonds – pink.

Indisputably pink diamonds are stunning and one finds it difficult to resist their seductive beauty. But the truth is there is a difference between the pinks – the color tints. Even though most of the gems look alike they have certain amount of inclusions that color diamonds various shades of color from brownish to reddish pink. On the one hand, it affects the price which can be much lower for brown-pink diamonds when compared to reddish gems, but on the other it of course determines the demand: pure flawless gems are definitely in higher demand among customers and they are enticing lots on many auctions. Tinted pink diamonds are not defective, they also possess unique charm and can look stunning in the appropriate setting.

So the tints: let's take reddish diamond's cost for 100% then

Brownish – cost 30% less

Brown – cost 50% less

Orangey – cost 10% less

Orange – cost 25% less

Grayish – cost 30% less

Gray – cost 40% less

Purplish – cost 20% less

Purple – cost 30% less

Any tint of red color can easily double the price, the same as the tendency of celebrities to wear this or that tint of diamond. It's a known fact that the boom for pink diamonds dates back to 2003, when Ben Affleck proposed her with impressive pink diamond engagement ring. Even though “Bennifer” later parted without getting married the ring was talked about for long enough to turn into a fashion trend for jewelry.

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

Rare Pink Diamond Hit the Market

Being off the marker for more than 30 years, fancy pink diamond will be auctioned at the Magnificent and Nobel Jewels sale organized by Sotheby's in Geneva on May 17. Pink diamonds are known to be pretty expensive, so this cute 10.99-carat gem is estimated to go for $9million - $16million. Taking into account that fact that pink diamonds are getting more expensive because they are more sought-after today, the price will probably be closer to the upper limit.

The diamonds is of emerald cut, not so typical for colored gems. This cut is normally associated with white diamonds, but when found in colored gems it automatically gets the status of highly sought-after one. The stone is set in a ring, so elegant and impressive both in size and view.

This pink diamond possesses VS1 clarity, it means it is of unique optical transparency. It is nearly flawless; the stones of such quality are very rare, not more than 2% of all mined gems are of the same properties, and pinks make only a part of them all.

The market for pink diamonds are rather strong today. For instance in 2009 five-carat vivid pink diamond set a record being sold for $2.1 million per carat. Another stone, though haven't broken the record yet listed in the history of Sotherby's auctions, is 24.78-carat Graff Pink diamond, which reached the highest price even given for diamonds - $46.15 million! Though this fancy intense pink diamond ring is not going to become a record-breaker, but it will surely please its owner by its beauty, but for price of course.

Time Passes But Pink Diamonds are Forever

Engagement rings of celebrities can hardly avoid publicity as their wearers are always in the center of attention, either on TV or on magazine and newspaper pages. Paparazzi are usually hunting for sensations so that it's difficult to conceal the events of private life including the engagements. But this couple even didn't try to hide their relationships from public, they were in the sight of all the people, including stunning pink diamond engagement ring.

Who else but Jennifer Lopez and Ben Affleck we are speaking about. Though it was long ago and the engagement ceremony failed to turn into a happy marriage, but Jennifer Lopez's ring is still talked about. It was 6-carat radiant cut pink diamond ring that at that time (in November 2002) cost about $1.2 million to an actor. As you know, colored diamonds are very rare, e.g. only 1 out of 10,000 carats of mined diamonds is graded as fancy colored diamond, and pinks are even rarer to be found. That is why the price starts growing for exclusive stones which, like Jennifer Lopez's ring, are of investment quality. But the price also depends on the demand, and the demand for pink diamonds is growing dramatically. It mostly happens due to trends dictated by celebrities, the same as with J.Lo and Ben Affleck.

"Unnatural" price for natural diamond

Diamonds are a girl's best friends – it's right, but this one is going to be the most expensive “friend”.

According to Sotheby's rare pink diamond ring will go for $27-38 million at an auction in Geneva next month. This unique diamond is graded fancy intense pink, the color which is very rare to be found in nature. The size of a gem is 24.78 carats and it has classic emerald cut with gently rounded corners. The stone is one of few that can be graded entirely flawless. However it has a flaw which is unnoticed to naked eye (probably it appeared by reason of wearing). But experts claim it will disappear after polishing.

The name of the owner of pink diamond ring is unknown. Still he-or-she is the one who had this stunning jewelry in possession for about 60 years. Currently the ring is being exhibited worldwide with the starting point in Hong Kong on October 2. It will be auctioned in Geneva on October 16, so let's keep up with the news.

If the Cap Fits Wear It, Especially If It's Diamond

Actually this is not the cap but a gorgeous diamond tiara encrusted with rare pink diamonds from Argyle Mine, a world known source of pink diamonds. Rio Tinto's 178 pink diamond gems of various hues and sizes make girls envy. To see this unbelievable beauty one should visit London within the next few days where the Masterpieces London Fair is going to take place from June 24 to June 26.

Though the tiara is shaped in up-to-date style it seems to keep the air of the past era. Pink masterpiece is priced at $2 million. Surely this is not the thing girls can't live without but it is just perfect for important events like the Red Carpet event or marriage. Speaking of marriages, a country music star Carrie Underwood wore pink diamond tiara at her wedding party on July 10 this year. This was the present of her then-husband Mike Fisher. 40 carat pale pink tiara was a perfect complement to Underwood's brilliant happy smile.

As you see such cute but expensive things like diamond tiaras also have demand regardless the high price tags. This one will possibly find its owner too. To see more of unique and rare things you are welcome to visit the Fair where pink diamond jewelry including the pink tiara will be showcased by Asprey. Fresh news about the exhibits of the Masterpiece London Fair coming soon.

Would You Play With Me?

Barbie doll is one of the most famous dolls in the world mostly due to that fact that her designers could create an image of a modern stylish lady that all the girls are eager to become one day. Barbie has everything the girls are dreaming about.. even diamonds!

Mattel Inc. collaborated with a world known jewelry designer Stefano Canturi to created the most expensive chick Barbie to celebrate the opening of the Barbie Basics Collection in Australia. The diamonds chosen by Canturi for Barbie's necklace come from Argyle Mine, Australia. Argyle Mine is famous for its pink diamonds, which considered to be the most rare diamond gems in the world, thus the most pricey. The price tag for pink beauty sometimes goes over $1,000,000 per carat. One of such awesome pink Argyle Mine's diamonds is set in Barbie's stunning necklace and surrounded by a number of white diamonds of rectangular shape.

Actually the fashionable doll wears a set of jewelry not just a single necklace. One could notice a beautiful cubic ring with emerald-cut diamond set inside. All these pretties greatly enhanced the price of the doll: while a Barbie doll in a common toy shop would cost you not more than $20, to own this diamond Barbie you'll have to pay almost $550,000 - a pretty nice sum of money. So, are you ready to pay to play with the most expensive Barbie doll?

Pink Diamonds

Short three point introductory on how to choose pink diamonds:

Gifts To Surprise Her: Pink Diamonds: A Girl's Best Friend?

Colour determines the price. Pink, please!

For years peoples considered white diamond to be the most beautiful one until... pink diamond was mined - the rival. This stone is currently considered to be the king of diamonds. Why? Because it is very-very rare. Diamond stone gets pink tint due to high-temperature environment it was formed, actually higher than needed for other diamonds. The more the temperature was, the brighter the colour of diamond is. This precious stone plays different tints of pink: from pale to nearly brown. All of them look gorgeous!

The mine in Argyle, Scotland is the world-known source of pink diamonds. About 95% of all pink diamonds are mined there. However, only little part of all mined diamonds (one tenth of 1%) is defined as Pink. What do you think the price for such a gem is? 'High' is not a right word for it. 3.14 carat of pink Argyle diamond was sold for a fortune of $1,510,000 in New York in 1989! And it's not the highest price yet. Some of the stones were sold for $1,000,000 per carat to private customers. As you see, only millionaires can afford to wear jewelery with pink diamond, can't they? Actually, Gemesis and New Age Diamonds made it possible for you to look like a millionaire. Try pink diamond but cultured one. You may purchase it on-line at Created-Diamonds.com. Cultured pink diamond is of the same beauty, solidity and composition as a mined gem. The price is different, and it should be said is affordable! Cultured diamond is grown in a lab under the same conditions as it is found in nature. Due to contemporary techniques it is possible to synthesize all tints of pink diamonds from mild pink to dark rose and even brown. So, want to impress everybody by a ring with adorable pink 2 carat diamond? Do it on a dare!

Images in this post are the courtesy of it's respective owners: jordanrich1.