Rare Pink Diamond to be Auctioned by Sotheby’s

Sotheby’s Nov. 16 Magnificent Jewels Auction in Geneva will
be highlighted by one of the rarest gemstones offered at auction, a 24.78 carat fancy intense pink diamond that was last seen on the market 60 years ago. 

“It is a great honor to present this 24.78 carat fancy intense pink diamond to an international audience as it is one of the most
desirable diamonds ever to come to auction,” said David Bennett, chairman,
Europe and the Middle East, Sotheby’s International Jewellery Department in a statement, “and
its beauty has haunted me since the very first time I set eyes on it some years
ago.”

The diamond displays the most perfect pure pink color, which
has been graded ‘fancy intense pink’ by the Gemological Institute of America. In
addition, while presently graded as VVS2 clarity, the GIA states that the stone
may be potentially flawless after repolishing. The diamond has been further
assessed to be a member of the rare and coveted type IIa classification, which
comprises less than two percent of all of the world’s gem diamonds.

Offered for sale with a pre-sale estimate of $27-38 million,
the diamond comes from a private collection and has not appeared on the market
since it was purchased some 60 years ago from Harry Winston.

Other highlights will include a collection of white diamonds,
colored gemstones jewels of important provenance, period jewelry and signed gems.