‘Unique Pink’ $31.6m diamond sets auction record

‘Unique Pink’ $31.6m diamond sets auction record

An exceptionally rare 15.38 carat pear-shaped pink diamond named “Unique Pink” sold for US$31.6 million at Sotheby’s in Geneva yesterday, setting a world record for the most expensive fancy vivid pink diamond to ever sell at auction.  

The diamond, set in a ring was sold to an Asian private buyer over the telephone.

David Bennett, worldwide chairman of Sotheby’s International Jewellery said: “It is difficult to imagine a diamond that better illustrates the term vivid pink than this outstanding stone, the colour is simply astonishing.”

The most expensive pink diamond to ever sell at auction remains the ‘Graff Pink,’ a 24.78 carat diamond which sold for $46.2 million in November 2010.

The sale of ‘Unique Pink’ surpassed the previous record for a fancy vivid pink diamond, established by the ‘Sweet Josephine’ in November 2015. Joseph Lau, Hong Kong billionaire purchased the 16.08 carat diamond for his then 7-year old daughter, Josephine for $28.5 million.

The 12.03 carat ‘Blue Moon of Josephine’ sold for $48.4 million making it the world’s most expensive diamond. This record could soon be challenged by the 14.62 carat ‘Oppenheimer Blue’ – the world’s largest vivid blue diamond expected to be sold at auction tonight in Geneva.