37.3 carat pink diamond expected to fetch US$ 30 million

Sotheby’s will auction the ‘The Raj Pink’, the world’s largest known Fancy Intense Pink diamond, weighing 37.30 carats, during the Magnificent Jewels and Noble Jewels in Geneva, on 15 November 2017. The sale is expected to generate US$ 20 million to US$ 30 million.

Discovered in 2015, a master cutter crafted the diamond into a sparkling cushion-modified brilliant cut. David Bennett, worldwide chairman of Sotheby’s International Jewellery Division said, “The discovery of any pink diamond is exceptional, but the Raj Pink’s remarkable size and intensity of colour places it in the rarefied company of the most important pink diamonds known.”

 The Gemological Institute of America (GIA), which certified the diamond, characterised it as an “astonishing stone”, describing its hue as “a very bright and ravishing fancy intense pink colour”.

“Only on the rarest occasions do diamonds with vibrant, shocking colour like the Raj Pink’s emerge and only the most privileged and knowledgeable in the industry know of their existence. With an unmodified Fancy Intense Pink hue, substantial size and desirable clarity, the Raj Pink is certainly one of those gems that only few may have the honour of experiencing,” said GIA.

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