'Eternal Pink' diamond, rarer than a Warhol art, will be auctioned off


A model holds a 10.57 carat vivid pink diamond, with an estimated value of more than US$35mil (RM155mil), during a press preview at Sotheby's in New York City. Photo: AFP

A rare, vividly rosy-purple diamond, called the Eternal Pink and valued at US$35mil (RM155mil), is set to be auctioned off by Sotheby's as part of its Magnificent Jewels sale in New York in June.

The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction, with the highest ever pre-auction price per carat estimate, according to Sotheby's.

Read more: How Michelle Yeoh and other celebs accessorised with watches for the Oscars

"Its refined lines combined with the intensity of its colour earn it a place as one of the world's most extraordinary gems," Tom Moses, executive vice president and chief laboratory and research officer at the Gemological Institute of America, said of the cushion-cut diamond.

According to Sotheby's, the stone, which was mined in Botswana, is "comparable to ultimate masterpieces of art – far rarer than a Magritte or a Warhol", thanks to its clarity and lack of imperfections.

Pink diamonds are among the rarest and most sought-after gems in the world and considered a major draw for investors.

Read more: How luxury fashion is banking on devout K-pop fans to boost sales

The record for highest-ever auction price for such a stone is held by the CTF Pink Star, which was sold for US$71.2mil (RM314.9mil) in Hong Kong in 2017.

The Williamson Pink Star diamond, which sold for US$57.7mil (RM255.2mil) in 2022, also in Hong Kong, holds the record for the highest price per carat, at nearly US$5.2mil (RM23mil). – AFP

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

fashion , accessories , Warhol , jewellery , diamonds


Next In Style

Do 'anti-wrinkle straws' work? Skin doctors are skeptical on this beauty trend
Is the quiet luxury trend truly over? One fashion house seems to think so
How fashion tries to be sustainable by giving a second life to deadstocks
The flamenco dress is an Andalusian classic evolving with fashion
Vanity Fare: Water-based beauty products that will help you look your best
Actress Marlene Dietrich inspires Dior's New York fall show
How Thai celebrities are becoming a prominent force in the luxury fashion scene
Princess Diana's dresses currently on display in Hong Kong ahead of auction
When it comes to perfume or scent, what appeals to the noses of Malaysians?
Beyond protection: Why K-beauty sunscreens are the hot product of the moment

Others Also Read