|The 59.60-carat Internally Flawless, Fancy Vivid Pink diamond, named "the Pink Star" (cut by Steinmetz Diamonds and originally called the "Steinmetz Pink"), is the star of Sotheby's upcoming sale of Magnificent Jewels and Jadeite set to take place in Hong Kong on April 4th.
The oval-cut diamond is estimated by Sotheby's at a value "in excess of US$60 million". The auction house reports that the current world auction record for a pink diamond, is the Graff Pink, a 24.78-carat diamond which sold at Sotheby's Geneva in November 2010 for US$46.16 million. Weighing in at 59.60 carats and graded as Fancy Vivid, the Pink Star is twice the size.
Among the other magnificent jewels on offer at the upcoming auction is a Fancy Vivid Purplish Pink diamond and diamond ring, set with a cut-cornered rectangular modified brilliant-cut fancy vivid purplish pink diamond weighing 3.74 carats, and embellished with circular-cut diamonds, mounted in 18 karat white gold. The auction estimate is between US$1.25 million and US$1.93 million.Also on offer is a Fancy Intense Yellow diamond and diamond ring, set with a cushion modified brilliant-cut diamond weighing 30.71 carats, flanked by two trapeze-shaped diamonds weighing approximately 1.50 carats in total, to the shank pavé set with circular-cut diamonds of yellow tint, mounted in 18 karat yellow and white gold. The ring's value is estimated at between US$683,064 and US$902,160.