Rare pink diamond "Pink Legacy" comes out on hammers | World

A rare pink diamond, due to its weight, color and purity, can lower the price of a carat on the stone of this color at its auction in Geneva, with appraisers expecting a sales price of $ 50 million (44.1 million dollars).

"When we know that most pink diamonds weigh less than one carat, we are talking about very heavy weight," explains Jean-Marc Linell, Christie's International Jewelry Specialist.

The "Pink Legacy", in a dark pink color, ranks in the "fancy" category, the highest on a scale used for colorful diamonds. "Precious live" diamonds weighing more than 10 carats are almost unknown at auction, according to Christie, only four "pink diamonds" have been auctioned.

"Pink Legacy" also belongs to so-called Type II diamonds, which means they contain little or no trace of nitrogen, which according to experts represents less than 2% of all diamonds. Diamonds of this type belong to the purest chemical composition and often have "excellent transparency and shine," says Christie.

"Pink Legacy," a classical classic, has been for decades in the Oppenheimer family, which is the decade of De Beers, explains Christie's, who does not want to reveal the name of his current owner.

A diamond from the South African mines was discovered almost a hundred years ago, its cutting was done long ago, probably in the 1920s and has not been cut off ever since. Its value is estimated at between $ 30 and $ 50 million (between € 26.5 and € 44.1 million).

"We need to know that this diamond is truly superb and probably the most beautiful one ever introduced at auction, so there is reason to believe that these jewels will be sold today," Linel said.

Source: RES – EAP

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