Sotheby’s Dubai to display one of the purest, pinkest diamonds worth over $21 million

One of the world’s purest and most saturated pink diamonds was unveiled by Sotheby’s Dubai at the Dubai Diamond Exchange on Monday, ahead of a tour of Singapore, Taipei and finally Hong Kong, where it will be offered in a stand-alone auction in a single batch. October 5.

The diamond will be on public display in the Monogram Room of the Four Seasons at DIFC on Tuesday, September 6.

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At 11.15 carats, the ‘Williamson Pink Star’ is the second largest flawless fancy vivid pink diamond ever to be auctioned – outsized only by the CTF Pink Star record, mixed cut oval diamond of 59.60 carats, which sold at Sotheby’s for $71.2 million in April 2017, and still holds the world auction record for any diamond, gemstone or jewel.

Sotheby’s is launching “Williamson Pink Star” which will be auctioned at Sotheby’s Hong Kong on October 5. (Courtesy of Sotheby’s)

According to Sotheby’s, the world’s leading destination for art and luxury, the perfection and purity of the Williamson Pink Star are such that, with an estimate of $21 million, it has the potential to set a new price record per carat for a Fancy Vivid pink. diamond.

Williamson Pink Star was unveiled by Sotheby's Dubai at the Dubai Diamond Exchange on Monday.  (Courtesy of Sotheby's)

Williamson Pink Star was unveiled by Sotheby’s Dubai at the Dubai Diamond Exchange on Monday. (Courtesy of Sotheby’s)

A natural wonder of nature, the extraordinary cushion-shaped stone has only two equals in clarity and depth of color, both of which are referenced in its name: first, the record-breaking CTF pink star; and second, the famous ‘Williamson’ stone – a 23.60 carat brilliant given as a wedding gift to Queen Elizabeth II in 1947 by geologist and royalist Dr John Thorburn Williamson, owner of the mine in Tanzania where he been discovered.

“The discovery of a gem-quality pink diamond of any size is an extremely rare event. Driven by limited supply and growing demand, prices for large premium pink diamonds over 5 carats have increased by exponentially over the past decade, by chance setting the stage for the appearance of this one-of-a-kind stone,” Wenhao Yu, Chairman of Jewelery and Watches at Sotheby’s Asia, said.

Pink Diamonds: Magic and Mystery

Curiously, what gives pink diamonds their coveted color remains a mystery and it is one of the rarest colors to occur naturally in diamonds: of all diamonds submitted to the GIA, less than 3% are classified as diamonds of color, and of these, less than 5% are considered predominantly pink. A Fancy Vivid Pink diamond, weighing more than 10 carats is therefore extremely rare.

Read more: Extremely rare pink-purple Russian diamond up for auction, worth $38 million

Sarah C. Figueiredo