Who owns the Pink Star diamond ring?

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.

Who bought the pink diamond ring?

In 2018, "The Pink Legacy," a rectangular-cut fancy vivid pink diamond of 18.96 carats, was sold to Harry Winston for CHF 50.4m (US$50.3m) at a Geneva sale - a new price-per-carat world record for any pink diamond.

How much is the Pink Star ring 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 owns the biggest pink diamond?

In 2017, a 59.6-carat pink diamond sold for a record $71.2 million. 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.

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.

'Pink Star' diamond sells for record $71m

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.

Are pink diamonds 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.

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.

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 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.

What is the most expensive pink diamond in the world?

The “CTF Pink Star,” weighing 59.6 carats, holds the current record for the price paid for a pink diamond at auction, at $71.2 million, which was sold in Hong Kong in April 2017.

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.

Where was the Pink Star diamond mined?

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.

Does JLo still have the pink diamond ring?

While there were various rumors about what happened to the ring after Jen and Ben split up in Jan. 2004, her former publicist Rob Shuter said he believes the pink diamond is still in her possession. “As far as I know, Jen has never returned the ring,” Rob said to Access Hollywood in May 2021.

Did Jennifer Lopez keep her engagement ring?

“As far as I know, Jen has never returned the ring,” Shuter told “Access Daily.” “So if things move forward with these two, gosh, she's already got the most beautiful ring I've seen. It's absolutely stunning.”

How much is JLo ring?

Jennifer Lopez's fiance Ben Affleck spared no expense with her engagement ring, which reportedly has an eye-watering price tag of up to $10million – but we can see why considering it's such a rare find.

How much is Mariah Carey engagement ring?

Mariah Carey

Clocking in as the most expensive celebrity engagement ring, Mimi's 35-carat bling from ex-fiancé James Packer reportedly cost a cool $10 million.

Why is the Sakura diamond so highly prized?

And the Sakura Diamond doesn't just boast rarity; it has clarity too. It falls under the “Internally Flawless” category of diamonds, meaning it has no visible inclusions. In other words, it's crystal clear.

What is the rarest Colour diamond?

Red diamonds are the rarest of the colored diamonds, with only 20-30 existing in the entire world. They get their beautiful red color from a rare process during their formation, which changes the crystal structure of the diamond and causes light to pass through it differently than colorless diamonds.

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.

Are pink diamonds going up in price?

The price of pink diamonds has risen significantly in the past 12 months, delivering an average return on investment of 30 per cent, the inaugural Australian Diamond Portfolio Pink Diamond Index (ADPPDI) shows. This sharp increase has accelerated since Rio Tinto closed the Argyle mine in Western Australia in late 2020.

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.

What does a pink diamond ring symbolize?

#1 – A Pink Diamond Represents the Color of Love

During England's Elizabethan Era (1558-1603), pink was thought to represent happiness and delight. Pink is now linked with love, tenderness and innocence. So if you want to express your love, a pink diamond engagement ring whispers romance.

Why did the 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.

What is a 1 carat pink diamond worth?

A one-carat pink diamond will cost anything between $100000 and $1 million, which is indeed crazy. Just a few countries have been fortunate enough to find pink diamond mines.