NEW YORK CITY: A rare, vividly rosy-purple diamond, called the Eternal Pink and valued at $35 million, is set to be auctioned off by Sotheby's as part of its Magnificent Jewels sale in New York City in June.
The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction, with the highest ever pre-auction price per carat estimate, according to Sotheby's.'Its refined lines combined with the intensity of its color earn it a place as one of the world's most extraordinary gems,' Tom Moses, executive vice president and chief laboratory and research officer at the Gemological Institute of America, said of the cushion-cut diamond.
According to Sotheby's, the stone, which was mined in Botswana, is 'comparable to ultimate masterpieces of art — far rarer than a Magritte or a Warhol,' thanks to its clarity and lack of imperfections.Pink diamonds are among the rarest and most sought-after gems in the world and are considered a major draw for investors.The record for the highest-ever auction price for such a stone is held by the CTF Pink Star, which was sold for $71.2 million in Hong Kong in 2017.
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