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Pink Dream Sells for a LOT of Green


Let’s get it out of the way first: Aaaaaah!!! Ooooooh!!!

A 59.60-carat fancy vivid pink diamond called the “Pink Star” set a new world auction record price for any diamond, gemstone or jewel at Sotheby’s Geneva Wednesday when it sold for $83.2 million.

The stone’s new owner, New York diamond cutter Isaac Wolf, renamed the oval-shaped mixed-cut diamond the “Pink Dream.” (We like Pink Star better.)

The sale of the Pink Dream eclipsed the previous world auction record price of $46.16 million, set in 2010 with the sale of the 24.78-carat “Graff Pink” diamond, purchased and named by diamantaire Laurence Graff. The auction of the Graff Pink also took place at Sotheby’s Geneva.

“The Pink Star (Dream) is a true masterpiece of nature. Its immense importance was reflected tonight in the strength of the bidding and we are thrilled that the record price it achieved earned it a place in history,” said David Bennett, chairman of Sotheby’s jewelry division in Europe and the Middle East and chairman of Sotheby’s Switzerland. “Today’s record sale is a further testimony to the strength and depth of the diamond and jewelry market.”

Source: National Jeweler