Sotheby’s Selling World’s Largest Fancy Intense Pink

On Nov. 15 in Geneva, Sotheby’s will auction the 37.3 ct. Raj Pink, considered the world’s largest known fancy intense pink diamond.

The modified-cushion VS1 brilliant-cut stone carries a $20 million to $30 million estimate. It was named Raj by its current anonymous owner, after the Sanskrit word for king.

The diamond comes from a piece of rough discovered in 2015. It was studied for more than a year before cutting.

The GIA lab, which graded the diamond, called it “astonishing” with “a very bright and ravishing fancy intense pink color.”

Added the lab: “For a diamond to display strong, unmodified pink color like that observed in the Raj Pink is rare, particularly at so considerable a weight.”

In 2010, the 24.78 ct. fancy intense Graff Pink sold for $46.1 million, or $1.9 million per carat.

(Image courtesy of Sotheby’s)

 

JCK News Director


  • JT Curtiss

    A while back on your story about Signet’s effort to “acquire” itself into the e-biz market with their typical razzle-dazzle, a comparison was made to the Blue Nile model and I commented:

    “Yes let’s talk Blue Nile. Solid transparent platform selling good GIA cert stones and quality mounts for a comparatively excellent price and great terms. Beat them at that game and you won’t need expensive idiotic new-age ads that nobody watches to distract from the crappy and/or overpriced goods.”

    This particular exec with this particular background putting all of that on the line to come on-board (as it were) with this company at this time confirms my gut feeling about what they do and how they do it.

    Give people what they want and treat them right and they will give you their money. Same as it’s ever been.