‘Most Significant’ Pink Diamond Could Bring $35M+ at Sotheby’s Auction

The Eternal Pink, which Sotheby’s described as “the most vivid pink diamond ever to come to market,” will be offered as a part of Sotheby’s Magnificent Jewels auction on June 8 at in New York.

“Carrying the highest price per carat estimate ever placed on any diamond or gemstone, The Eternal Pink is expected to achieve in excess of $35 million,” Sotheby’s stated in a Facebook post.

The cushion-cut internally flawless fancy vivid purplish pink diamond weighs 10.57 carats.

The 23.78 carat rough that yielded the Eternal Pink was mined by De Beers at the Damtshaa mine in Botswana. It was fashioned into a cushion cut over six months by Diacore’s artisans, who maximized the diamond’s electric “bubblegum” color.

“This color is the most beautiful and concentrated shade of pink in diamonds that I have ever seen.” said Quig Bruning, Sotheby’s head of jewelry for the Americas.

Fancy vivid is the highest possible for a colored diamond, Sotheby’s notes.

“The modifying color of purple often results in the most charming and vibrant feminine hue that is the dream of many,” the auction house stated. “Polished as a cushion-cut, this gemstone boasts an attractive combination of facets that enhances the pink to be ‘sweeter’ to one’s eyes.”