Recent record breakers: Pink diamond sold for $37 million Posted June 03, 2021 | By Arabella Roden ⢠Editor Auction house Christie’s has recorded several outstanding results in its recent ‘Magnificent Jewels’ sale in Hong Kong, including the Sakura Diamond, which became the largest purple-pink flawless diamond ever sold at auction.
The 15.81-carat fancy vivid stone sold to a telephone bidder for $HK226 million ($AU37.7 million), not including commission – slightly above the low estimate for its final sale price. We are very excited to have marked another important chapter in jewellery auction history today
Vickie Sek, Christie s Asia Pacific
It was named ‘Sakura’, the Japanese word for a cherry blossom, due to its delicate hue.
The recent auction of the Sakura Diamond at Christie’s was reported to be both ‘disappointing’ and ‘record-breaking’ – so which was it? ARABELLA RODEN explores the complex factors that determine value.
Auction Record: Pink Diamond Fetches $29m idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
Flawless purple-pink diamond fetches record $29.3M at auction THE SAKURA 15.81 CARAT FANCY VIVID PURPLE PINK INTERNALLY FLAWLESS DIAMOND
realised HK$226,275,000 / US$29,285,318 By: Diamond World News Service
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| Reference: 25600
A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong.
“The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond set on a platinum and gold ring, according to auction house Christie’s which organized the sale.
The diamond is classed as “fancy vivid” because of its depth of color and “internally flawless,” meaning any blemishes internally are only visible under a powerful microscope.
15 81-Carat Sakura Diamond Sold for US$29 1m at Christie s to Become the New Auction Record for Any Purple-Pink Diamond | Auctions News | THE VALUE thevalue.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thevalue.com Daily Mail and Mail on Sunday newspapers.