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An 11.15-carat “internally flawless” pink diamond is predicted to promote for greater than £20m (NZ$39.5m) at public sale in Hong Kong.
The cushion-shaped diamond is the second-largest of its variety to ever seem at public sale. Referred to as the Williamson Pink Star, the stone is called after two different record-breaking diamonds – the 59.60-carat Pink Star which bought for NZ$126m, and the 23.60-carat Williamson stone, a marriage reward acquired by the late Queen Elizabeth II.
In keeping with public sale home Sotheby’s, the stone from which the Williamson Pink Star was minimize weighed in at a whopping 32.32 carats, and was unearthed from the Williamson mine in Tanzania.
Chair of jewelry and watches at Sotheby’s Asia Wenhao Yu instructed the Guardian that the invention of a gem-quality pink diamond of any measurement is an especially uncommon prevalence, one thing that with the closure of the Argyle mine “appeared, till just lately, extremely inconceivable.”
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Sotheby’s/Equipped
The Williamson Pink Star is predicted to fetch over NZ$39m at public sale on Friday.
The Argyle Mine, situated in Western Australia, closed in 2020 after 37 years of operation. The mine was beforehand thought-about the largest diamond producer on the earth by quantity.
“Pushed by a restricted provide and rising demand, costs for top-quality giant pink diamonds over 5 carats have elevated exponentially over the previous decade, serendipitously setting the scene for the looks now of this one-of-a-kind stone,” stated Yu.
Colored diamonds are amongst among the rarest gems on the earth, says the Gemological Institute of America. Just one in each 10,000 diamonds is classed as a colored diamond, and solely 5% of colored diamonds are thought-about predominantly pink.
Sotheby’s/Equipped
The pink diamond is the second-largest of its variety to ever go up for public sale.
Though scientists have theorised that their pink color comes from strain throughout their formation, precisely how pink diamonds get their rosy hue stays a thriller.
The Williamson Pink Star will go beneath the hammer at 8:30pm on October 7 (native time) at Sotheby’s in Hong Kong.
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