Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
GENEVA, Switzerland (AFP) – The Fortune Pink, an exceptionally rare giant gemstone, will be auctioned in Geneva in November when it is expected to go for up to $35 million (36 million euros), auctioneers said Monday. At over 18 carats, the vividly coloured gem is the largest pear-shaped pink diamond of its quality ever to be offered for sale at auction, the Christie’s auction house said. The diamond, which goes under the hammer for the […]
LONDON, United Kingdom (Reuters) — For the world’s super-rich, the investment of choice is increasingly a very rare naturally pink diamond, an asset class that this year has set records at auction. Tobias Kormind, managing director of 77 Diamonds, which has a shop in London’s Mayfair district and sells online, says the trend for colored stones has gathered strength as the world emerged from financial crisis. He says that even though red and orange stones […]
LONDON, United Kingdom (Reuters) — A 59.60-carat diamond known as “The Pink Star” is returning to auction next month and could fetch a record $60 million, three years since it was sold for even more – only for the buyer to pull out of the deal. The diamond was presented by Sotheby’s in London ahead of the auction in Hong Kong on April 4. In November 2013, a Geneva auction of the stone fetched a […]
LONDON, ENGLAND, United Kingdom (Reuters) – A rare, pear-shaped, vivid pink diamond will go under the hammer in Geneva next month, where auctioneers expect it to fetch some $38 million. The “Unique Pink,” described by Sotheby’s as “supremely rare and exceptional,” weighs 15.38 carats. “The Gemological Institute of America, the highest body for grading diamonds, have given this stone their highest possible grading, which is vivid pink,” David Bennett, worldwide chairman of Sotheby’s international jewelry […]
