At Sotheby’s auction set a world record price for a gemstone
Moscow. April 4. INTERFAX.RU — Diamond “Pink star” (The Pink Star) is 59.6 carats was sold on Tuesday at auction Sotheby’s in Hong Kong for 533 million Hong Kong dollars (about $712 million), setting a new world record price for a gemstone.
As stated in the Twitter auction house, the buyer was a Hong Kong company Chow Tai Fook Jewellery Group, the largest jewelry chain in the world by market capitalization.
The #PinkStar diamond breaks the world record, selling for $71.2 million @Sothebys https://t.co/FScoyohYZd pic.twitter.com/mnCVWhD1D5
— Telegraph Luxury (@TelegraphLuxury) 4 APR 2017
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“Pink star” also became the most expensive lot in the history of auctions in Asia. The previous world record belonged to a bright blue the Oppenheimer diamond Blue, which in may 2016 were sold at auction by Christie’s for $57.5 million
“Pink star” — the world’s largest flawless fancy vivid diamond pink shade, which ever received the American Gemological Institute (GIA). Before the auction the cost was estimated at more than $60 million.
The diamond was found by De Beers in 1999 and initially weighed 132,5 CT. After treatment the resulting diamond has an oval shape and mixed cut. Cut and polished over two years has been the company Steinmetz Diamonds. In 2013, Sotheby’s tried to sell the “Pink star”, having received an offer of $83 million, but the deal fell through because the buyer, a new York diamond cutter Isaac wolf has not paid for the stone.