Posted on June 3, 2015 by

Jewel Review: Rare Colored Diamonds At Auction

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This year’s fine diamond auction season kicked off on a shining note, with a select few fancy colored diamonds stealing the headlines once again. Pink diamonds were naturally the crème de la crème and the prices they fetched at auction demonstrated their desirability and rarity. With presale estimates soaring well into the millions, these natural pink diamonds were highly anticipated and surrounded by much fanfare. We’ve rounded up this spring’s most coveted – and priciest – colored diamonds in our jewel review: rare colored diamonds at auction.

 

 

 

5.29 carat VS2 radiant cut Fancy Intense Purplish Pink diamond from Christie's New York auction - rare colored diamonds at auction

This 5.29 carat Fancy Intense Purplish Pink diamond fetched $5.8 million at Christie’s New York auction on April 14. Photo: christies.com

Christie’s sold a 5.29 carat VS2 radiant cut Fancy Intense Purplish Pink diamond set in a platinum ring and flanked by a pair of half moon-cut diamonds for $5.8 million including buyer’s premium on April 14 in New York. The Fancy Intense Purplish Pink diamond is accompanied by a GIA report, as well as a supplemental letter from the GIA stating that the diamond has been determined to be a Type IIa diamond. Type IIa diamonds are very rare, exhibiting few inclusions compared to other diamonds and have mostly homogenous color in the rough.

 

8.72 carat cushion cut Fancy Vivid Pink diamond that once belonged to Princess Mathilde Bonaparte and Huguette Clark - rare colored diamonds at auction

Princess Mathilde Bonaparte’s 8.72 carat Fancy Vivid Pink diamond ring sold for $15.9 million at Sotheby’s Geneva on May 12.
Photo: sothebys.com

Sotheby’s Geneva Magnificent Jewels and Noble Jewels auction on May 12 featured the $15.9 million sale of “The Historic Pink Diamond,” a staggering 8.72 carat VS2 cushion cut Fancy Vivid Pink diamond set in a ring and flanked by a pair of D VVS1 and D VVS2 cushion cut diamonds weighing a total of 2.21 carats. The sizeable diamond was once owned by Princess Mathilde Bonaparte, the niece of Napoleon I and a relative of King George II. Mathilde died in 1904 in Paris. Her pink diamond was among her jewels that were auctioned later that year. It would pass into the possession of US Senator William Andrews Clark Sr. After his death in 1925, the Fancy Vivid Pink diamond was given to his daughter, Huguette Clark, who died in 2011. Sotheby’s said the Type IIA GIA-certified diamond recently reappeared after spending its time locked in a bank vault since the 1940s. Sotheby’s noted that the diamond is highly regarded for its cut as well, a classic non-modified cushion cut  – particularly uncommon for pink diamonds.

 

5.18 carat Fancy Vivid Pinkl diamond from Christie's Geneva - rare colored diamonds at auction

This 5.18 carat Fancy Vivid Pink diamond ring went for $10.91 million at Christie’s Geneva on May 13.
Photo: christies.com

The top lot of Christie’s Geneva auction on May 13 was a 5.18 carat VS2 rectangular-cut Fancy Vivid Pink diamond that raked in $10.91 million including buyer’s premium. The one-of-a-kind diamond is set in a gold ring and accented by an oval-shaped diamond surround. The Fancy Vivid Pink diamond is accompanied by a GIA report.

 

Want your very own pink diamond ring? Check out our extensive rare collection of pink diamond rings!


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