Largest ever purple-pink diamond to be auctioned sells for $29 million

“The Sakura,” a 15.8-carat purple-pink diamond set on a platinum and gold ring, bought for $29.3 million.

Christie’s Hong Kong

A purple-pink diamond has set a brand new document as the biggest ever to be auctioned, promoting for $29.3 million in Hong Kong. 

“The Sakura,” the Japanese phrase for cherry blossom, is a 15.8-carat purple-pink diamond set on a platinum and gold ring, based on public sale home Christie’s which organized the sale. 

The diamond is classed as “fancy vivid” due to its depth of colour and “internally flawless,” which means any blemishes internally are solely seen underneath a robust microscope. 

Christie’s mentioned “The Sakura” was purchased by an Asian non-public purchaser on Sunday, however could not provide any extra particulars. 

“The Sakura” was auctioned alongside “The Candy Coronary heart,” a 4.2-carat fancy vivid heart-shaped pink diamond ring, which bought for $6.6 million. 

Vickie Sek, chairman of Christie’s Asia-Pacific division of jewellery, mentioned in an announcement on Christie’s web site that the “robust sell-through charges and distinctive costs achieved for top of the range colored diamonds and gems mirror a strong market demand.” 

“The Sakura” beat a earlier document set by “The Spirit of the Rose,” a 14.8-carat purple-pink diamond which was bought for over $27 million at an public sale organized by Sotheby’s in Geneva, Switzerland in November. 

It was lower from a bigger tough diamond that weighed 27.8 carats, which was found in Yakutia, northeast Russia in 2017. The tough diamond was mentioned to be the biggest pink crystal to have ever been mined in Russia. 

“The Spirit of the Rose” was the identify given to the lower diamond, after the final ballet legendary that Russian-Polish dancer Vaslav Nijinsky carried out on stage.  

Simply 1% of pink diamonds are mentioned to be bigger than 10 carats and simply 4% are graded “fancy vivid.”  

The “CTF Pink Star,” weighing 59.6 carats, holds the present document for the worth paid for a pink diamond at public sale, at $71.2 million, which was bought in Hong Kong in April 2017. 

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