Winston Pink Legacy Diamond Sets $50.4 Million Record at Christie’s in Geneva
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A pink diamond has sold for a record $50.4 million at Christie’s in Geneva. The stone, graded as a Fancy Vivid Park — the most intense color — was the largest of its type ever offered by Christie’s. Its price is the highest across all houses in SwitzeWinston Pink Legacy Diamond Sets $50.4 Million Record at Christie’s in Geneva
A pink diamond has sold for a record $50.4 million at Christie’s in Geneva. The stone, graded as a Fancy Vivid Park — the most intense color — was the largest of its type ever offered by Christie’s. Its price is the highest across all houses in Switzerland this November, and a world auction record per carat for a pink diamond.Its formal price was CHF50,375,000 or $50,375,000. The stone had been estimated at $30 million to $50 million at hammer prices. It was mined about a century ago and cut in 1920 to almost 19 carats. The price equates to $2.637 million per carat.The Pink Legacy previously belonged to the Oppenheimers, the family operators of the De Beers Company of miners and dealers. The gem was the subject of five minutes of bidding. It is now renamed the Winston Pink Legacy and enters the Harry Winston collection, which began with the acquisition of the 101 carat, D Flawless, Winston Legacy diamond at Christie’s in 2013.In April 2017, the 59.6-carat Pink Star became the most expensive jewel sold at auction after fetching $71.2 million at Sotheby’s in Hong Kong. In November that year, the 15-carat Pink Promise sold for $32.5 million at Christie’s Hong Kong, or a record $2.176 million per carat.The Christie’s luxury auctions at the Four Seasons Hotel des Bergues made $126.3 million in total with bidders from 51 countries, across six continents and an 86% sale rate by lot. The auctions also included watches, led by a Serpico y Laino Patek Philippe which more than doubled its lower estimate to sell for $3.23 million, and wine, with an Imperial Petrus 1989 selling for $53,711. http://www.blouinartinfo.comFounder Louise Blouin https://www.blouinartinfo.com/ Founder: Louise Blouin Read more