Lot 378
  • 378

Very important fancy intense pink diamond

Estimate
12,545,000 - 18,060,000 CHF
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Description

  • Diamonds, platinum
The pear-shaped fancy intense pink diamond of fine colour weighing 16.00 carats, mounted as an earring with a pear-shaped and a brilliant-cut diamond, post fitting.

Condition

Accompanied by GIA report no. 1172688201, stating that the pear modified brilliant-cut diamond weighing 16.00 carats and measuring 23.95 x 13.93 x 7.71mm, is Fancy Intense Pink, Natural Colour, VVS2 Clarity, together with a Type IIa classification letter. Stamped Pt 950 for platinum. For further details on the fancy intense pink diamond, please refer to the GIA report. Remaining diamonds bright and lively. No evidence of wear to the metal. In like-new condition. Gross weight approximately 6 grams.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Please note that colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's. We do not guarantee, and are not responsible for any certificate from a gemological laboratory that may accompany the property. We do not guarantee that watches are in working order. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue, in particular to the Notice regarding the treatment and condition of gemstones.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

Catalogue Note

“Certainly, the occurrence of any gem-quality diamond is rare, but the discovery of a pink diamond is exceedingly unusual. Of all diamonds annually submitted to GIA, no more than 3% are classified as coloured diamonds; less than 5% of those coloured diamonds are predominantly pink”, according to the Gemmological Institute of America.

 

'The Artemis Pink' has been determined as type IIa.

“According to the GIA Laboratory, the 16.00 carat Pear Modified Brilliant diamond has been determined to be a type IIa diamond. Type IIa diamonds are the most chemically pure type of diamond and often have exceptional optical transparency. Type IIa diamonds were first identified as originating from India (particularly from the Golconda region) but have since been recovered in all major diamond-producing regions of the world”.

Excerpt from the Type IIa classification letter

On 4 April 2017, Sotheby’s Hong Kong sold the ‘Pink Star’, a magnificent Fancy Vivid Pink Internally Flawless diamond weighing an outstanding weight of 59.60 carats, for a record price for any diamond, any gemstone and any jewel at US$ 71.2 million.

The current record price ever paid at auction for a fancy intense pink diamond is ‘The Graff Pink’, a superb 24.76 carat Fancy Intense Pink diamond, which sold at Sotheby’s Geneva in November 2010 for US$46.16 million.