Auction house Sotheby's shared a promotional video of the Williamson Pink Star, one of the world's purest, most saturated pink diamonds going up for auction in October 2022.A rare, dazzling pink diamond is expected to sell for an estimated $21 million when it goes up for auction in October, officials said.
The diamond was named after two other notable pink diamonds, including the record-breaking CTF Pink Star, a 59.60-carat oval mixed-cut diamond, which sold in 2017 for $71.2 million. "The discovery of a gem-quality pink diamond of any size is an extremely rare occurrence - something that, with the recent closure of the Argyle mine, seemed until recently - highly improbable," Wenhao Yu, chairman of jewelry and watches at Sotheby’s Asia, said in a statement.
said in a statement. The GIA is a nonprofit cited by the auction house as a leading source of knowledge and standards on diamonds.Of all the diamonds submitted to the institute, less than 3% are classified as colored diamonds. And of those, less than 5% are considered predominantly pink, according to Sotheby’s. Narrowing in more, only the tiniest proportion of pink diamonds have a strong enough color to be classified as "Fancy Vivid Pink," which the Williamson Pink Star is classified.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
11.15-Carat Internally Flawless Pink Diamond Could Fetch $21 MillionThe Williamson Pink Star is the second largest internally flawless fancy vivid pink diamond to ever appear at auction. It has the potential to set a new per carat price record for a fancy vivid pink diamond, according to Sotheby’s, which is offering the gem at an upcoming sale in Hong Kong
Source: Forbes - 🏆 394. / 53 Read more »
Pink diamond expected to fetch more than $21M at auction: ‘Exceptionally rare’The “Williamson Pink Star” diamond will be sold in a standalone auction on Oct. 5 in Hong Kong. The 11.15-carat cushion-cut diamond is expected to sell for over $21 million.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Han Solo's blaster sells for over $1M at auctionA blaster Harrison Ford used while playing Han Solo in 'Star Wars: A New Hope' has sold for a whopping $1,057,000, according to Rock Island Auction Company. That went cheap. I think I still have an old Super Soaker somewhere. Am willing to let it go for only half the price of the blaster. A 50% savings!
Source: fox5ny - 🏆 587. / 51 Read more »
Warren Buffett’s Berkshire Hathaway Trims Stake in Chinese Auto Maker BYDWarren Buffett’s investment firm said it has sold 1.33 million shares of the electric-vehicle maker for about $46 million. In Islam true dreams have influenced the course of history. Hadiths also indicate that Prophet Muhammad SAW stated the importance of Dreams closer to time of Qiyamah. MuhammadQasimDreams Danielle Collins Coscu Time Magazine I think Buffet knows China is on decline from now due to their leadership
Source: WSJ - 🏆 98. / 63 Read more »
FCC's latest mid-band auction ends with T-Mobile expected to be the big winnerT-Mobile is expected to be named soon as the winner of Auction 108 which put up some more mid-band 5G spectrum up for bid. What does this mean for the customer? More mid band several months from now?
Source: PhoneArena - 🏆 322. / 59 Read more »