Rare pink diamond expected to fetch up to $50m in auction

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Rare pink diamond expected to fetch up to $50m in auction
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GENEVA - The Fortune Pink, an exceptionally rare giant gemstone, will be auctioned in Geneva in November when it is expected to go for up to US$35 million (S$50 million), auctioneers said Monday. At over 18 carats, the vividly coloured gem is the largest pear-shaped pink...

GENEVA - The Fortune Pink, an exceptionally rare giant gemstone, will be auctioned in Geneva in November when it is expected to go for up to US$35 million , auctioneers said Monday.

The diamond, which goes under the hammer for the first time on Nov 8, has been estimated at between US$25 million and US$35 million. Christie's highlighted that this was considered a lucky number in Asia, where it signifies"definite prosperity", saying it expected the diamond to"garner interest from collectors across the globe".

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Rare pink diamond expected to fetch up to $50m in auctionRare pink diamond expected to fetch up to $50m in auctionAt over 18 carats, it is the largest pear-shaped pink diamond of its quality to be auctioned. Read more at straitstimes.com.
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