Who owns the Pink Star?

On 3 April 2017, the Pink Star was sold at an auction in Hong Kong for US$71.2 million to Chow Tai Fook Enterprises.

How much is the Pink Star worth?

Meet the world's most expensive jewel ever sold at auction. The Pink Star Diamond shattered every price record when Sotheby's sold it for a staggering $71.2 million in April 2017 at a Hong Kong auction. It's the single most expensive diamond or jewel sold at auction.

Who bought the pink diamond?

The diamond, which was purchased by Hong Kong jewelers Chow Tai Fook and renamed "CTF Pink Star," remains the most expensive polished diamond of any color to sell at auction. Related video: The 18.96-carat Pink Legacy sets a world record for the highest price paid per carat for a pink diamond in 2018.

Why is the Pink Star diamond so expensive?

Argyle Pink Diamonds are so expensive because of the very limited supply. A pink diamond is formed of only carbon like a white diamond, through millions of years in the kimberlite pipes of volcanoes.

Who owns the rarest diamond?

Kohinoor is the most expensive diamond in the world. As per reports, the oval 109 carat diamond weighs 21.6 grams and is the main diamond of the British Crown. Its origin is traced back to India with Queen Elizabeth II being the current owner of the diamond. Due to its uniqueness, the diamond is said to be priceless.

The Pink Star – A True Masterpiece of Nature

Who owns a red diamond?

The largest red diamond in the world, the 5.11 carat Moussaieff Red, was discovered in Brazil in the 1990s and is currently owned by jeweler Moussaieff.

Is black diamond rare?

Although most black diamonds on the market today are either superheated or irradiated to an almost black color, natural black diamonds do exist, though they are extremely rare.

How much would a 100 carat pink diamond cost?

It sold at the low end of its estimated range at Christie's jewelry auction in Geneva. Estimated to sell for approximately $13 million to $20 million, “The Spectacle” diamond went for $14.1 million at Christie's Geneva this week.

Is pink diamond a good investment?

Pink diamonds can be an excellent way to maximise your financial return when they're included as part of a balanced and diversified portfolio. Pink diamond investment has become an increasingly popular option in recent years, as investors look for tangible asset options beyond gold, silver and property.

What is the rarest diamond?

Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world's red diamonds come from the Argyle Diamond Mine in Australia.

Who bought the Sakura?

As for the record for any pink diamond, it was set by "The Pink Star," which weighs 59.6 carats and fetched a staggering HK$553m (US$71m) when it was sold to Hong Kong based jeweller Chow Tai Fook, at Sotheby's Hong Kong in 2017. It is also a record for any gemstone at auction.

How much did the Sakura diamond sell for?

"The Sakura Diamond," a 15.81-carat fancy vivid purple-pink diamond ring set a world auction record price for a diamond with this rare colour combination, fetching $226 million Hong Kong dollars ($37.7 million) on Sunday. The ring was sold by Christie's Hong Kong.

How much is the Sakura diamond worth?

Purple-pink diamond sets record as the largest ever to be auctioned, selling for over $29 million. "The Sakura" is a 15.8-carat purple-pink diamond set on a platinum and gold ring. It was auctioned alongside "The Sweet Heart," a 4.2-carat fancy vivid heart-shaped pink diamond ring, which sold for $6.6 million.

Is Pink Panther diamond real?

Mining giant Rio Tinto said Wednesday it has unearthed a "remarkable" 12.76 carat pink diamond in Australia, the largest of the rare and precious stones ever found in the resources-rich nation.

How many pink diamonds are there in the world?

They Are Exceedingly Rare

Natural pink diamonds are as scarce as they are stunning. Only a limited number exist and it estimated that only another 500 gem quality pinks remain to be discovered.

Is pink diamond the rarest diamond?

The pink diamond is one of the rarest colored diamonds that exist – rarer than every type of colored diamond, apart from red diamonds. Their rarity means pink diamonds are exceedingly valuable. A high-quality pink diamond with an intense shade can cost up to $700,000 per carat.

Why did Argyle mine close?

For almost four decades, the mines have contributed nearly 18% of all diamonds in circulation today. However, due to the lowering prices in the market and the introduction of artificial diamonds, Rio Tinto decided to close the mines.

Are pink diamonds still being mined?

Over 90% of the world's annual natural pink diamond supply was mined from one single source: Rio Tinto's Argyle mine in Western Australia. The mine had been in operation since the early 1980's, and completely ceased all mining operations in November 2020 due to exhausted supply.

Will pink diamonds go up in price?

The Pink diamonds have been increasing by 20%-30% every year for the last 5 years, which is a return that many fund managers would envy. What we have found is that the price of the investment pink diamonds has at least doubled over the last 5 years.

How much was the blood diamond worth?

On Dec. 4, 2017, the diamond sold to British jeweler Laurence Graff for $6,536,360 in an auction managed pro bono by Rapaport. It was far less than even government evaluators expected, but it garnered something much more valuable: transparency.

Can you get purple diamonds?

The actual color of a purple diamond can range from very light lilac or near-pink to a deep and vivid color. The color can also range from a pinkish-purple to one with a cooler blue tone. Even though natural purple diamonds are very rare, there is a growing interest in purple colored diamonds.

Where is the Pink Star Diamond found?

The CTF Pink Star

Mined by De Beers in Africa in 1999, the 132.5-carat rough diamond was meticulously cut and polished over a period of two years and transformed into a stunning gemstone, thanks to Diacore. A model displays The CTF Pink Star , a 59.60-carat oval mixed-cut pink diamond. Photo by studioEAST/Getty Images.

Are red diamonds real?

Red diamonds only exist with one colour intensity, Fancy, although their clarities can range from Flawless to Included, just like white diamonds. The largest and most flawless red diamond is the 5.11 carat Fancy Red Moussaieff Red Diamond, which has internally flawless clarity.

Is blue diamond Real?

Captivating and enigmatic, blue diamonds are considered the rarest of them all. A fabulous fluke of nature, a blue diamond is produced by the random presence of the atomic lattice-bound trace element boron within the stone's carbon structure during its formation deep in the earth's core.

Are there real green diamonds?

Diamonds with a vivid green color, like the one shown here, are very rare. There are only about 300 examples in the world above one carat in size. Vivid green diamonds above three carats are generally only seen in museums: there are perhaps 10 known in the world.