CNN
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The world’s largest known fancy intense pink diamond could sell for up to $30 million at a November auction.
The 37.30-carat Raj Pink, which was unveiled in London earlier this month, will headline Sotheby’s Magnificent Jewels and Noble Jewels sale in Geneva on Nov. 15.
“The discovery of any pink diamond is exceptional, but The Raj Pink’s remarkable size and intensity of color places it in the rarefied company of the most important pink diamonds known,” David Bennett, who heads Sotheby’s International Jewelery Division, said in a statement.
Pink diamonds are extremely rare, making up less than 0.02% of the diamonds submitted to the Gemological Institute of America (GIA) each year, according to the auction house.
Tristan Fewings/Getty Images Europe/Getty Images for Sotheby's
Tristan Fewings/Getty Images Europe/Getty Images for Sotheby's
The Raj Pink is the world's largest known fancy intense pink diamond. It's one of a number of colored diamonds to make headlines in recent years.
JUSTIN TALLIS/AFP/AFP/Getty Images
The record for the most expensive jewel sold at auction is currently held by the
Pink Star, a 59.60-carat, fancy vivid pink that sold for $71.2 million in April.
Sotheby's
In 2015, an exceptionally fancy vivid blue called the Blue Moon sold for $48.4 million.
Christies Images Ltd 2016
The Oppenheimer Blue, the world's largest blue diamond, sold for $57.5 million at Christie's Geneva on May 18, 2016, making it the most expensive diamond ever sold at auction.
Christies Images Ltd 2016
The 14.62 carat Fancy Vivid stone is mounted on a platinum ring and flanked on either side by a trapeze-shaped diamond.
courtesy sotheby's
The Unique Pink is the largest Fancy Vivid pink pear-shaped diamond ever to be offered at auction.
courtesy sotheby's
The diamond was sold for $31.6 million by Sotheby's at an auction in Geneva in May 2016. The price makes it the most expensive Fancy Vivid pink diamond to sell at auction.
courtesy sothebys
A rare Fancy Vivid Blue diamond ring valued at $25 million will go up for auction on Nov. 16, 2016. The diamond is known as the Sky Blue diamond.
courtesy christies
The Aurora Green is the largest Fancy Vivid green diamond ever sold at auction. The stone went under the hammer on May 31, 2016 at Christie's auction house in Hong Kong, selling for $16.8 million.
Sotheby's
Sotheby's
auctioned this 9.54 carat ring it says belonged to child star Shirley Temple on April 19, 2016. Though it was expected to fetch between $25 million and $35 million, it failed to sell.
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In April 2016, the De Beers Millennium Jewel 4 broke auction records in Asia.
courtesy sotheby's
The stone sold for $31.8 million, making it the most expensive piece of jewelry sold at an auction in Asia.
“Fancy intense” designates pink diamonds that are quite strong in color. According to the GIA, “fancy vivid” and “fancy deep” diamonds – which are stronger in color than fancy intense diamonds – command the highest prices.
The Graff Pink diamond holds the current record for a fancy intense pink diamond sold at auction. Once owned by American jeweler Harry Winston, the 24.78-carat stone sold for $46.1 million at a Sotheby’s Geneva sale in 2010.
The record for the most expensive jewel sold at auction is currently held by another pink diamond, aptly named the Pink Star. The 59.60-carat, fancy vivid pink sold for $71.2 million in April.
Other highlights from the Magnificent Jewels and Noble Jewels sale include two fancy intense yellow diamonds weighing 82.47 and 102.54 carats, and a fancy vivid blue diamond ring.