Pink Diamond Fetches $32 Million at Christie’s Hong Kong Auction

A 14.93-carat pink diamond field sold for roughly $32 million at Christies in Hong Kong, providing the high-decrease diamond publicize subsequent to some foster in a volatile auction season.

The oval stone, set in a field embellished in the middle of than smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.

The sale follows a choppy auction season in Geneva, where Sothebys failed to sell the Raj Pink , a 37-carat rock that was estimated to be worth as much as $30 million.

Pink diamonds are considered together between the rarest and most indispensable gemstones in the world. Sothebys set the stamp album for any gem ever sold at an auction earlier this year, later its $71 million sale of the 59.6-carat Pink Star to Hong Kong-based jewelry retailer Chow Tai Fook Jewellery Group Ltd.

The Christies auction came just after a vintage Patek Philippe sold for approximately $2.9 million at Phillips in Hong Kong. Thats the highest price a wristwatch ever fetched in an auction in Asia.

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