Hong Kong set to auction $42 million ‘Pink Promise’ diamond
HONG KONG: An huge oval-shaped solid named a “Pink Promise” is set to be auctioned during Christie´s in Hong Kong, with an eye-watering US$42 million cost tag.
A 14.93-carat pinkish gemstone forms a centre-piece of a diamond-studded ring.
A Christie´s orator pronounced it was one of a many critical pinkish diamonds ever to be sole since of a colour and clarity.
“The monument of pinkish solid creates it so valuable,” Fung Chiang of Christie’s trinket dialect told AFP.
“For solid prolongation each year, we are articulate about reduction than dual percent (for) phony diamonds,” Chiang said, adding that not each square shares a same “beautiful” colour.
Researchers still do not entirely know a “exact constructional defect” that causes a appealing pinkish hues, a auction residence combined in a matter Wednesday.
The ring will go underneath a produce on Nov 28 in Hong Kong.
An ongoing anti-corruption expostulate in mainland China has finished tiny to hole hectic behest in Hong Kong´s auction houses.
A 1,000-year-old play from China´s Song Dynasty sole during auction residence Sotheby´s to an unknown bidder for $37.7 million in a city final month, violation a record for Chinese ceramics.
The tiny square — that dates from 960-1127 — stole a prior record of $36.05 million set in 2014 for a Ming Dynasty booze crater that was snapped adult by a Shanghai aristocrat famous for creation eye-watering bids.
Earlier this year, a hulk solid named a “Pink Star” pennyless a universe record for a gemstone sole during auction when it fetched $71.2 million during Sotheby´s.
The 59.60-carat stone was sole to a city´s Chow Tai Fook trinket sequence that has a clever participation opposite East Asia.
Hong Kong aristocrat Joseph Lau, who was convicted of temptation in Macau in 2015, done waves that year when he spent $48.4 million on a 12.03-carat solid for his then-seven-year-old daughter during Sotheby´s in Geneva.
The squeeze came a day after he scooped adult a 16.08-carat pinkish solid for a partially medium $28.5 million during Christie´s.