1 Result

"The Pink Promise" Diamond Sells for World Record of Nearly 32 Million

in Jewelry



The highlight of Christie's Magnificent Jewels Hong Kong auction, a 14.93 carat Fancy Vivid pink diamond, sold for $31,861,000, a world-record per-carat price for any pink diamond over 10 carats. Known as "The Pink Promise Diamond," the stone is certified as Fancy Vivid Pink diamond, the most prized color grade of all pink diamonds. The sale of the Pink Promise diamond represented a lucrative gamble for its previous owner, diamonteer and haute jeweler Stephen Silver. Mr. Silver recut a 16.21 carat Fancy Intense pink diamond in a quest to achieve the stone's maximum color potential, and the risky recutting process led to "The Pin ...