The Pink Star diamond has become the world’s most expensive gemstone, selling at auction today for an incredible US$71.2 million (A$94.3 million) including buyer’s premium. At 59.60 carats, The Pink Star is the largest internally flawless, fancy vivid pink diamond ever graded by the Gemological Institute of America.
What’s the most expensive pink diamond?
In 2017, a 59.6-carat pink diamond sold for a record $71.2 million. The diamond, which was purchased by Hong Kong jewelers Chow Tai Fook and renamed “CTF Pink Star,” remains the most expensive polished diamond of any color to sell at auction.
Is pink diamond the rarest diamond?
More than 90 percent of the world’s supply of natural pink diamonds are produced in a worldwide-known diamond mine called the Argyle Mine in Western Australia. … Amazingly, less than 1% of the Argyle mine’s output are actually pink diamonds, making these diamonds the rarest of the rare.
How much is the rare pink diamond worth?
The cost of a pink diamond will range from $10,000 per carat for a less intense pink diamond to $700,000 per carat for a deep and intense pink diamond. The color intensity and carat weight of pink diamonds are the two most important factors that influence their price.
How much is a large pink diamond worth?
The pink diamond is one of the rarest colored diamonds that exist – rarer than every type of colored diamond, apart from red diamonds. Their rarity means pink diamonds are exceedingly valuable. A high-quality pink diamond with an intense shade can cost up to $700,000 per carat.
How much does a 10 carat pink diamond cost?
10-Carat Pink Diamond Could Fetch $25 Million At Sotheby’s Hong Kong Auction. A 10.64-carat fancy vivid purplish pink internally flawless diamond is the top lot of Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale on October 7. Its estimate is $19.1 – $25.5 million.
Who owns the rarest diamond?
The Blue Moon Diamond in his new name The Blue Moon of Josephine is the proud owner to the title Most Expensive Diamond in The World! It is an Internally Flawless 12.03 carat Fancy Vivid Blue Diamond that his history goes back to 2014 when he was unearthed by Petra Diamonds.
Is Black diamond rare?
Fancy black diamonds and Carbonados are both extremely rare. Only one in 10,000 natural diamonds are colored diamonds and only a portion of these colored diamonds are black. Because of their scarcity, natural black diamonds and Carbonados are the some of the most valuable and most costly.
Why is pink diamond so expensive?
Argyle Pink Diamonds are so expensive because of the very limited supply. A pink diamond is formed of only carbon like a white diamond, through millions of years in the kimberlite pipes of volcanoes. … All of our Ethical Diamonds are natural stones with no treatments, contact us to purchase an Argyle Pink Diamond.
Are there real pink diamonds?
They Are Extremely Rare
You might think that pink is quite a common color for precious stones, particularly for diamonds, but it isn’t. There is a lot of women that have white diamonds on their rings while pink diamonds are still a rarity.
How much is Lil Uzis pink diamond worth?
The diamond cost $24 million and he said that he had been paying for it since 2017. Vert reportedly had it implanted in his forehead because he was afraid he’d lose it otherwise. “I’ve been paying for a natural pink diamond from Elliot for years now,” he said in a January 2021 tweet.
How much is a 1ct pink diamond worth?
A 1 carat regular fancy pink diamond can be sold from $140,000 to $180,000, depending on its quality. A similar Argyle stone easily sells for at least $200,000. This exquisite 1.02 carat intense pink diamond costs $193,000.
What is the most expensive diamond in the world?
Topping our list of the most expensive diamonds in the world is the legendary Koh-I-Noor. Weighing in at a massive 105.6ct, the most expensive diamond in the world is oval shaped. Steeped in mystery and legend, the stone is believed to have been mined in India in the 1300s.
How do I sell my pink diamond?
How To Sell a Pink Diamond Online
- Fill out the online form.
- Receive your initial valuation.
- Make an appointment or mail in your pink diamond via free, fully insured FedEx Overnight Priority mail.
- Receive your final price offer.
- If you accept the final offer, get paid in as little as 24 hours.
What is eminence pink diamond?
The Eminence Pink Diamond Collection is crafted with Pink Diamonds from the exclusive Argyle Mine. in Western Australia which ceased production in November 2020. Choose your very own luxurious piece of West Australian history at an affordable price from this stunning collection.
Are pink diamonds more expensive than yellow?
A lot of people ask us if pink diamonds are more expensive than yellow diamonds, and the answer is a resounding yes. Pink diamonds are far more rare. This allows them to be priced at a very high premium. Vivid pink diamonds can range from $30,000 to $100,000 per carat, which is 20 times the price of a white diamond.