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Purple-pink diamond sets record as the largest ever to be auctioned, selling for over $29 million

The Fact News Service,
May 25,
A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong. “The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond set on a platinum and gold ring. The diamond is classed as “fancy vivid” because of its depth of color and “internally flawless,” meaning any blemishes internally are only visible under a powerful microscope. Christie’s said, “The Sakura” was bought by an Asian private buyer, but couldn’t offer any more details. “The Sakura” was auctioned alongside “The Sweet Heart,” a 4.2-carat fancy vivid heart-shaped pink diamond ring, which sold for $6.6 million. Vickie Sek, chairman of Christie’s Asia-Pacific department of jewelry, said in a statement on Christie’s website that the “strong sell-through rates and exceptional prices achieved for top quality colored diamonds and gemstones reflect a robust market demand.” “The Sakura” beat a previous record set by “The Spirit of the Rose,” a 14.8-carat purple-pink diamond which was sold at an auction of $ 27 million organized by Sotheby’s in Geneva, Switzerland in November. It was cut from a larger rough diamond that weighed 27.8 carats, which was discovered in Yakutia, northeast Russia in 2017. The rough diamond was said to be the largest pink crystal to have ever been mined in Russia. Source:(Internet)

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