The Vivid Pink, a 5 carat cushion-cut pink diamond, is set to lead Christie’s Hong Kong sale on December 1.
The diamond, which is set in a ring by international jeweller Graff, is expected to sell for between US$5-7 million.
According to Christies, the Vivid Pink is one of the finest and most important pink diamonds to ever be offered at auction.
“As high quality jewels become increasingly rare on the market, the Vivid Pink represents an exciting opportunity for the serious gem collector,” said Christie’s spokesperson Kate Malin.
“While the vast majority of natural pink diamonds exhibit a colour modifier like purple, orange or grey, the Vivid Pink shows absolutely no trace of a secondary colour, making it exceedingly rare, both commercially and naturally.
“Its even colour depth and distribution, combined with a balanced saturation and tone of the straight pink hue, qualify the Vivid Pink for the coveted Fancy Vivid colour grading from the GIA. That only one in 100,000 diamonds possesses a colour deep enough to qualify as ‘Fancy’ underscores its absolute rarity.”
In the lead-up to the December 1 auction, the Vivid Pink will be on view in the following cities: New York (October 17-20), Singapore (October 29-30), Bangkok (November 11-12), Geneva (November 15-17) Taipei (November 21-22) and Hong Kong (November 27-December 1).
The current sales record for a pink diamond at auction was set at Christie’s Geneva in November 1994 when a rectangular-cut fancy pink VVS2 diamond of 19.66 carats sold for US$7,421,318.