An exceptional pink diamond from Russia sold for 22.5 million euros

An exceptional pink stone, from the largest pink rough diamond ever discovered in Russia, was auctioned for $ 26.6 million (22.58 million euros) including commission, Wednesday evening November 11 in Geneva (Switzerland) by Sotheby’s.

Baptized The Specter of the Rose According to the famous Ballets Russes creation, this 14.83-carat, marble-cut diamond is the largest of its kind to ever be auctioned.

Before the sale, Sotheby’s estimated it to be between $ 23 million and $ 38 million. The buyer wished to remain anonymous and bid over the phone.

This diamond, “entirely pure”, is exceptional in terms of its size and color, the auctioneer had indicated before the sale. Its origin is also exceptional, since it was mined and cut from a rough diamond of 27.85 carats.

Discovered in the Republic of Sakha (Yakutia) in northeast Siberia in 2017 by the Russian group Alrosa, it took a year of meticulous work to prune it to give it its shape while preserving its vibrant color.

The all-time record for the most expensive pink diamond ever sold at auction is held by the CTF Star Pink which sold for $ 71.2 million (€ 60.44 million) in 2017 in Hong Kong. And 5 of the 10 most expensive diamonds ever sold at auction are pink, according to Sotheby’s.

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