Rare purplish-pink diamond valued at $46m set for auction in New York

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The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction. Read more at straitstimes.com.

NEW YORK – A rare, vividly rosy-purple diamond, called the Eternal Pink and valued at US$35 million , is set to be auctioned by Sotheby’s as part of its Magnificent Jewels sale in New York in June.

“Its refined lines, combined with the intensity of its colour, earn it a place as one of the world’s most extraordinary gems,” Mr Tom Moses, executive vice-president and chief laboratory and research officer at the Gemological Institute of America, said of the cushion-cut diamond. Pink diamonds are among the rarest and most sought-after gems in the world and considered a major draw for investors.

 

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