30 Sep '13, 1pm

Sotheby’s Brings the Pink Star, Valued at $60 Million, for its November Auction

Sotheby’s Brings the Pink Star, Valued at $60 Million, for its November Auction

Pink Star, a huge and rare pink diamond is all set to be the star of an auction being conducted by Sotheby’s jewelry division in Geneva on November 13. The trend is very clear and the international jewelry market is performing very strongly. Buyers and collectors are chasing exceptional and rare pieces and are willing to pay top dollars for it. The Pink Star weighing 59.60 carats is the most valuable diamond ever offered at an auction. Cut in an oval shape the top grade stone has a vivid pink shade. The estimated value of the rare diamond is $60 million and if it finds a buyer in the auction it will be a record price for any gemstone at any auction. The Current Record Stands in the Name of Graff pink at $45.75 David Bennett, chairman of Sotheby’s jewelry division in Europe and the Middle East displayed the stone at a Geneva luxury hotel amid tight security. He was upbeat a...

Full article: http://elitechoice.org/2013/09/30/sothebys-pink-star-diam...

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