Nov. 11 (UPI) — A 14.83-carat purple pink diamond offered at public sale in Geneva for a report $26.6 million Wednesday, Sotheby’s public sale home introduced.
It was probably the most fetched at public sale for a diamond of its grade — fancy vivid purple-pink. Sotheby’s mentioned it anticipated the gem to promote for between $23 million and $38 million.
The phone purchaser of the gem selected to stay nameless.
The diamond was named The Spirit of the Rose and was minimize from a tough diamond referred to as Nijinsky after the Russian ballet dancer Vaslav Nijinsky. It was considered one of three stones unearthed by mining firm Alrosa named after Russian ballets.
The diamond was found in 2017 in Yakutia in northeast Russia.
“The Spirit of the Rose is the best title for a stone which displays magnificence and thriller; a diamond for which the magnificence and the grandeur of Russia have been totally unveiled by the cutter who introduced out its inside and magical magnificence,” Sotheby’s mentioned in its catalog notes for the diamond.
Pink diamonds are terribly uncommon. About 80% of the world’s pink diamonds come from the Argyle mine in Western Australia — and solely about 0.1% of the mine’s annual 20 million carats in output is pink.
The present report public sale worth for a pink diamond of any grade is $71.2 million for a 59.6-carat oval mixed-cut fancy vivid pink diamond.