The largest brilliant pink luxury diamond ever offered in Christie's Auction history

Christie's Auctions in Geneva will offer, on November 13, a luxurious pink diamond, the largest and most luxurious of its kind ever offered for sale at an auction organized by Christie's. Named "The Pink Legacy", this luxurious and dazzling gem weighs 18.96 carats and features a dazzling rectangular cut, and will be the first opening in Christie's Magnificent Jewels auction, which will be held at the Four Seasons Hotel de Berg in Geneva, Switzerland. The incomparable pink diamond, which has been inherited by four generations of the famous Oppenheimer family, is estimated to fetch between $30 million and $50 million at auction.

Rahul Kadakia, International Director of Jewelery at Christie's, said the discovery of this previously unrecorded brilliant diamond would spark "a huge amount of interest among collectors and connoisseurs around the world", adding: "The Pink Legacy will be on display." On a world tour ahead of the auction scheduled for November 13 at the Four Seasons Hotel des Berg Geneva, its exceptional provenance, belonging to the Oppenheimer family, will undoubtedly place it in a class of its own as one of the world’s greatest diamonds.”

Tom Moses, Executive Vice President, Gemological Institute of America, says: “Pink diamonds have always had a special allure, regardless of the stone's size and depth of color, even among recognized diamond connoisseurs. This 18.96-carat emerald-cut pink diamond is among the rarest of all gemstones.”

The Pink Legacy has the highest brilliance of colored diamonds VIVID From the American Gemological Institute. Colored diamonds with a bright luster are considered the strongest saturated gemstones, due to their optimum color of the stone. This classic, rectangular cut pink diamond, usually used in white cut stones, has an exceptional weight of 18.96 carats, while most pink diamonds of this color weigh less than one carat. The Pink Legacy is also extremely clear, which is extremely rare in pink diamonds whose color is created by the compression and sliding of the crystal lattice, which almost always causes imperfections in the stone.

In addition, the diamond ranks “The Pink Legacy” under Category iia of diamonds, which contain traces of nitrogen and do not fall into this category Only less than two percent of all precious stones. Class stones are distinguished iia Being the most chemically pure diamond, it is often characterized by superior transparency and luster. The Williamson diamond, found in the Williamson Mine near Tanzania in 1947, is one of the most famous pink diamonds in the world. It was given by Dr. John Williamson, the owner of the mine, as a wedding gift to Princess Elizabeth, who later became Queen of Britain.

It is unheard of in jewelry houses with luxurious, bright pink diamonds weighing more than ten carats, while only those sold at auctions Four of these diamonds weigh more than ten carats. In November 2017, the global diamond market reached a historic high when Christie's Hong Kong sold the luxurious and sparkling pink diamond “The Pink Promise”. The Pink Promise Oval cut, weighing just under 15 carats for $32,480,500 ($2,175,519 per carat)Which set a price that remains today the highest for any carat of pink diamonds ever sold at auction in the world.

Christie's Sparkling Pink Luxury Diamond Auction Records:

“The Pink Promise”

A luxurious 14.93 carat pink sparkling diamond / VVS1

Sold in November 2017 in Hong Kong

Sold for $32,480,500 / Price per carat: $2,175,519

"The Sweet Josephine"

A luxurious 16.08 carat pink sparkling diamond / VVS1 / Category iia

Sold in November 2015 in Geneva

Sold for $28,523,925 / Price per carat: $1,773,876

A luxurious 9.14 carats pink sparkling diamond VS2

Sold in November 2016 in Geneva

Sold for $18,174,634 / Price per carat: $1,988,472

“The Vivid Pink”

A luxurious 5.00 carats pink sparkling diamond VS1

Sold in December 2009 in Hong Kong

Sold for $10,776,660 / Price per carat: $2,155,332

A luxurious 5.18 carats pink sparkling diamond VS2

Sold in May 2015 in Geneva

Sold for $10,709,443 / Price per carat: $2,067,460