SOTHEBY’S set a new auction record for a jewel in Geneva when a 24.78-carat fancy intense pink diamond sold to London jeweller Laurence Graff at SFr40.5m (£25.6m) plus premium.
The 'potentially flawless' stone, immediately named The Graff
Pink after a contest involving four bidders on November 16, almost
doubled the previous record, the £14.6m achieved by the 17th
century Wittelsbach blue diamond at Christie's in December 2008 - a
35.56-carat stone that also went to Graff and (to the displeasure
of purists) has subsequently been re-cut.
Estimated at SFr 27-38m, the round-cornered rectangular step-cut
diamond weighing 24.78 carats was set between shield-shaped diamond
shoulders, in platinum, as a ring.
The stone - a Type IIa pink diamond - is very rare in nature.
Most often have relatively few inclusions and are noted for their
mostly homogenous colour.
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