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Pink diamond for sale with $ 50 million



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LONDON (Reuters)
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Since

16 minutes on November 11, 2018
– Last update on
November 11, 2018 / 00:20

The Christie's auction for sale in Geneva next week will have a rare 19-carat pink diamond, expected to generate up to $ 50 million.

According to Christie's auction house, the rectangular diamond is the largest pink diamond to be auctioned. The diamond, dubbed "Pink Legacy," belongs to the Oppenheimer family, which for a long time dominated De Beers, which held the world's diamond industry until the late 1950s.

Despite its estimated price of between $ 30 million and $ 50 million, Christie's hopes to attract private buyers from Asia. One of the distinctive features of this bright pink diamond is that it is rectangular, which is usually worn with white diamonds, which makes it unique.

In recent years, colored diamonds have become very popular as gemstone prices in blue and pink are breaking the record at auctions.

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