Is the pink diamond worth 60 million?

A stunning pink diamond has sold for nearly $60 million, more than twice the expected price. The massive rock sold for 453.2 million Hong Kong dollars, or around $58 million, on Friday, according to auction house Sotheby's.

How much was the pink diamond worth?

Originally estimated at $21m, the 11.15-carat Williamson Pink Star diamond was sold for $49.9m at Hong Kong auction.

What is the most expensive pink diamond?

The current record for the most expensive diamond or any gemstone sold at auction is held by the CTF Pink Star, a 59.60-carat oval mixed-cut diamond auctioned at Sotheby's Hong Kong in April 2017 for $71.2 million.

Is pink diamond $1.19 million per carat?

Pink Diamond—$1.19 million per carat

The largest pink diamond that's graded flawless by the Gemological Institute of America is the 'Pink Star'. It weighs 59.60 carats and was most recently sold at Sotheby's Hong Kong for $71.2 million, or $1.19 million per carat.

What is the #1 most expensive diamond in the world?

The Kohinoor is the most expensive diamond in the world, having been given priceless status due to its brilliance and uniqueness. The name Kohinoor means “Mountain of Light” in Persian. The controversy surrounding the ownership of the diamond has been ongoing, with claims that it was stolen from India by the British.

Pink star diamond worth $60 million displayed in London

How many pink diamonds are left?

They Are Exceedingly Rare

Natural pink diamonds are as scarce as they are stunning. Only a limited number exist and it estimated that only another 500 gem quality pinks remain to be discovered.

What is the rarest diamond?

Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world's red diamonds come from the Argyle Diamond Mine in Australia.

Do purple diamonds exist?

Only a few pure purple diamonds are found in the world each year. Purple diamonds have been found in South Africa. Two mines in Russia, Yakutia and Arkhangelsk, have also produced a small number of diamonds with purple as their dominant hue. The Argyle Mine of Australia is one of the only sources of violet diamonds.

Is A rainbow diamond Real?

Is it Blinding You with Rainbow Flashes? Most synthetic diamonds look too good to be true all due to their extreme brilliance. Does your stone look really bright with lots of rainbow reflected colors? If so, it's most likely cubic zirconia.

Do grey diamonds exist?

A gray diamond is a rare color of diamond — rarer than yellow or blue diamonds. This diamond comes in a variety of shades, from dark and dramatic to light and silvery. It can also be found with a speckled design (called salt-and-pepper diamonds) or a deep, metallic blue hue (called galaxy diamonds).

Do rainbow diamonds exist?

These diamonds are what we call fancy color diamonds. These rare diamonds come in every color of the rainbow, including: blue, green, pink, and red. When light enters into a diamond the stone absorbs some of the wavelengths (spectral bands) and returns the others back to our eyes.

Are trillion diamonds rare?

Are Trillion Cut Diamonds Rare? Trillion cut diamonds are quite rare, especially as center stones. Few jewelry stores keep trillion cut diamonds in stock, with the notable exception of trillion cut diamonds used as accent stones in three-stone engagement rings.

How rare is black diamond?

Fancy black diamonds and Carbonados are both extremely rare. Only one in 10,000 natural diamonds are colored diamonds and only a portion of these colored diamonds are black. Because of their scarcity, natural black diamonds and Carbonados are the some of the most valuable and most costly.

Are chocolate diamonds rare?

Chocolate Diamonds® are rarer than any other diamond on earth. Last year alone, the entire planet produced fewer than 1,000 Chocolate Diamonds that were . 5 carat or larger. In comparison, there were 70 million white diamonds mined at a size of .

Is pink diamond gone forever?

Upon closure of the Argyle Mine, the world's only consistent supply of natural pink diamonds will be gone forever. Nothing will replace the Argyle pink diamond.

What is the 2nd largest pink diamond?

The Williamson Pink Star is the second-largest pink diamond to appear at auction. Pink diamonds are among the rarest and most valuable of the colored diamonds.

What is the oldest pink diamond?

Among famous pink diamonds; the Daria-i-Noor is the largest pink diamond in the world, estimated to weigh 182 carats; together with the Noor-ul-Ain, it is the oldest known pink diamond, both belonging to the Iranian crown jewels.

Who owns the 555.55 carat black diamond?

Named 'The Enigma', the gem was bought by Richard Heart — the founder of cryptocurrency company Hex — following an online auction by Sotheby's in. He said he was renaming the rock as the 'Hex.com diamond'. Heart tweeted: 'I won the world's largest cut diamond for our #HEXican cultural heritage!

How much did the 555.55 carat black diamond cost?

The pear-shaped gemstone sold for the equivalent of $12.3 million, after the auctioneer announced it was accepting offers in bitcoin and ethereum, in addition to traditional forms of payment. Sotheby's would not disclose which of the two cryptocurrencies had been used to make the purchase.

Who owns the Hope Diamond now?

The Hope Diamond has been in the possession of the Smithsonian Institute since it was gifted by Harry Winston. It's kept on display in the Smithsonian National Museum of Natural History in Washington, D.C., at the forefront of the gem collection.

What is 1000 times rarer than diamonds?

Tanzanite's unique nature: one-source and limited supply, make this breathtaking gemstone one thousand times rarer than diamonds.

Are diamonds rarer than gold?

The average concentration of gold in Earth's crust is 'very, very low,' at 4 parts per billion. In its elemental form, gold is significantly rarer than diamonds.

Who owns the rarest diamond?

Kohinoor is the most expensive diamond in the world. As per reports, the oval 109 carat diamond weighs 21.6 grams and is the main diamond of the British Crown. Its origin is traced back to India with Queen Elizabeth II being the current owner of the diamond.

What is diamond fire?

A diamond's “fire” is the effect produced when white light disperses into rainbow colors when it hits the diamond's facets (the angled cuts in the stone). There are two main kinds of facets: Physical facets and virtual facets. A physical facet is an actual cut in a diamond.

Are diamonds buried?

Scientists have found evidence to suggest that a thousand trillion tons of diamonds are buried deep in the Earth's crust. The diamonds are located in an ancient area, known as cratonic roots, between 90 and 150 miles below the surface of the Earth.