Sotheby’s to auction “The Pink Star” in Hong Kong on April 4
Estimate in excess of $60 million
HONG KONG, March 20, 2016 – Sotheby’s has said that The Pink Star will lead its sales of magnificent jewels and jadeite in Hong Kong on 4 April 2017.
Estimated in excess of US$60 million / HK$468 million, this 59.60-carat oval mixed-cut pink diamond is the largest Internally Flawless Fancy Vivid Pink diamond that the Gemological Institute of America (GIA) has ever graded.
Announcing the forthcoming sale of The Pink Star, David Bennett, Worldwide Chairman of Sotheby’s Jewellery Division, said: “At a time of unprecedented demand for the finest in coloured diamonds, I am delighted to be bringing this magnificent stone back to the market.
“The extraordinary size of this 59.60-carat diamond, paired with its richness of colour, surpasses any known pink diamond recorded in history.”
QUEK Chin Yeow, Deputy Chairman, Asia, and Chairman International Jewellery, Asia, said, “Over the years Sotheby’s Hong Kong has played host to many outstanding stones and sales; including the 118.28-carat oval D-colour flawless diamond sold in October 2013, the still-current world auction record for any white diamond, as well as the fancy vivid blue 10.10-carat De Beers Millennium Jewel 4 which set a record for any jewel sold at auction in Asia in April 2016.
“The market for the world’s finest diamonds and gem stones remains buoyant and Sotheby’s Hong Kong is honoured to present at auction the Pink Star this spring following these world records.”