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Thanks to Rare Pink Diamond That Fetched $32M, Sotheby’s Breaks Jewelry Sale World Record

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The auction house raked in more than $175 million in total.

A pear-shaped pink diamond called “Unique Pink” sold for $31.6 million on Tuesday at Sotheby’s Geneva auction, pushing total sales for the auction to $175.2 million, a world record for any jewelry sale, Rapaport writes. The article says that the previous record was $160.9 million, also set by Sotheby’s in an equivalent auction in May of last year. Tipping the scales at 15.38 carats, “Unique Pink” was sold to an Asian private buyer for $2.1 million per carat. Sotheby’s had estimated it would sell for between $28 million and $38 million.

See the diamond at Rapaport

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Wilkerson Helped This Jeweler to Navigate His Retirement Sale Despite a Pandemic

Hosting a going-out-of-business sale when the coronavirus pandemic hit wasn’t a part of Bob Smith’s game plan for his retirement. Smith, the owner of E.M. Smith Jewelers in Chillicothe, Ohio, says the governor closed the state mid-way through. But Smith chose Wilkerson, and Wilkerson handled it like a champ, says Smith. And when it was time for the state to reopen, the sale continued like nothing had ever happened. “I’d recommend Wilkerson,” he says. “They do business the way we do business.”

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