Pink Diamond Fetches Record Breaking $17.8 Million

Pink Diamond

Multinational corporation Sotheby’s, located in New York City sold a “flawless vivid pink diamond” for $17.8 million. This was a record breaking deal for the auction and sale company. The magnificent pink diamond is a pear shape with pointed end and weighs 8.41 carats.

Sotheby’s is the fourth oldest auction house that is still operating. They operate 90 different locations throughout 40 countries. They offer their services worldwide and are one of the world’s largest brokers of fine and decorative art, jewelry, real estate, and collectibles. The company sold $5.4 billion worth of art back in 2012 and the deal for this pink diamond gives them a tremendous boost for their 2014 numbers.

The pink diamond is flawless; praised for its transparency and shine, while also being rare due to its massive size. The ring’s base is made from platinum that shines bright and is laced completely with circular cut diamonds. The ring is set for a size 5.5 but is one of the most beautiful diamonds ever available.

The eye catching pink diamond is certainly a rare sight and is the focal point at Sotheby’s whenever they have one to auction off. The gems also sell for such a large amount of money which interests people just as much. The diamond is also a Type Ila diamond which is the most chemically pure form of diamond with the best transparency.

The humongous pink diamond is just over 18 carats and has been polished and cut into a wonderful looking piece of jewelry. The name of the auction winner has been kept private, which isn’t surprising considering they spent $17.8 million on the amazing pink diamond.

Image via Getty

Add Comment

Actors Basketball Players Bloggers Boxers Celebrities Criminals Football Coaches Football Players Golfers Hockey Coaches MMA NASCAR Olympians Politicians Skateboarders Soccer Coaches Soccer Players Tennis Wrestlers
10 Things You Didn’t Know about Margarita Louis-Dreyfus
How did Andrey Melnichenko Make His Billions?
The Richest People in Europe - Liliane Bettencourt
20 of the Richest People in Europe
Aston Martin DB5
The Five Most Important Aston Martins of All-Time
Mercedes-Benz C-Class
The 10 Best Affordable Luxury Cars That Are Actually Worth Owning
Rolls Royce Dawn is Named Best Luxury Car
Shelby American’s 50th Anniversary Super Snake
The Top 5 Airport Lounges In The World
Five Luxurious Cayman Islands Packages You’ve Got to Try
10 of the Most Luxurious Things To Do in Boston
10 of the Most Luxurious Things To Do in Boston
Top Five Hotels to Send Christmas Abroad
The Five Most Expensive Monochrome Watches Available Today
A Guide for the First-Time Rolex Buyer
Why We Love the The 2016 Rolex Air-King
Why We Love the Jaeger-LeCoultre Master Ultra Thing Squelette
The Top Five Women’s Sneakers Brands in 2016
Five Upcoming Sneaker Collections to Check out in August
Five of the Most Expensive Sneakers at Sneakerness Berlin
Five Sneaker Brands to Look for at New York Market Week
Five Whiskey Brands That are On the Rise
Cheese
The Most Expensive Cheeses in the World
$1,000 Ice Cream Sundae Serendipity 3
Here’s Where You Can Enjoy a $1,000 Ice Cream Sundae In Vegas
Mauro Camusso Creates his Wine in a Disused Mineral Mine
The 10 Most Stunning W Hotels in the United States
Five of the United States’ Most Unique 5 Star Properties
The Top Five Luxury Hotels in Caracas, Venezuela
The Top Five Luxury Hotels in Peru