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The stunning diamond was the property of the Oppenheimer family. Incidentally this family ran the De Beers diamond company for decades. The current owner remains mysterious as Christies (auction house which handled the sale of the diamond) refused to divulge its identity.
An almost unique and exquisitely lovely diamond goes under the hammer on Tuesday and it can bring 50 million USD setting a monumental record for a stone of this type. The De Beers diamond company was managed by the illustrious Oppenhiemer family and the auction house Christie’s recently helped them auction away the diamond to a new and mysterious owner. Despite large speculation, the identity of the new owner has not been divulged by Christies. The international jewellery head Rahul Kadakia described Pink Legacy as “one of the world’s prettiest diamonds”. The highest ever grade of colour intensity “fancy vivid” has been awarded to this rectangular styled diamond.
Christies has admitted that it is rare for a perfect diamond to weigh over 10 carats and be graded “fancy vivid” hue “. Only 4 vivid pink diamonds of over 10 carats have been auctioned so far. One special amongst them was the Pink Promise that was sold last year November at the Hong Kong edition of Christie’s auction for 32.5 million USD. This translates into 2.176 million USD per carat that’s the world’s largest auction record price for a pink diamond.
The Pink legacy is an even higher cadre diamond and might fetch a staggering record price...
The CEO of jewelers Le Vian; Eddie Le Vian said that the new record can be set at Tuesdays auction. The auction will be held on the four season’s ultra-classy hotel on the banks of Lake Geneva.
Le Vian released a statement saying that a startling rise in the total number of the world’s ultra-high net worth individuals have been recorded. This category generally prefers rare and natural fancy coloured large diamonds as investments and an addition to their jewel collection. The Pink legacy will soon beat all auction records said Le Vian.
Christie’s revealed that the exquisite stone was discovered in a South African mine about a 100 years ago and was cut in 1920 and there has been no alteration since.
Jean Marc Lunel (international jewellery curator) told the AFP to imagine a domino whose corners have been sliced off and that’s the exact shape of the pink legacy. The cut is a classic emerald cut and it’s distinctive from the round multi-faceted cut in vogue nowadays. The rectangular cut is common for white diamonds but rare for pink diamonds. Christies revealed that Pink Legacy is the biggest and lovelies fancy vivid pink diamond that was auctioned by the company and it’s actually an incomparable stone. Jean Marc said that the pink legacy was probably the most beautiful stone to be ever presented at a public auction.
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