The Pink Legacy. The Rarest Diamond In The World.
This 18.96-carat perfectly pink diamond will be offered in the Magnificent Jewels auction by Christie's in Geneva November 13. It is set to reach an estimated 30 to 50 million USD. 'To find a diamond of this size with this color is pretty much unreal,' said Rahul Kadakia, International Head of Jewelry at Christie's. He further described The Pink Legacy 'as good as it gets'. He also explained the name 'The Pink Legacy'. He said it was chosen because 'of the legacy of the family that owned it (the Oppenheimer family) and for the legacy it will create for the future owner'. To say this diamond is rare is an understatement. It has a color grading of 'Fancy Vivid', a Gemological Institute of America (GIA) color ranking given to only one in 100,000 diamonds. 'These are stones that have little if any trace of nitrogen, and make up less than two per cent of all gem diamonds' explained a specialist. He continued, 'these stones are some of the most chemically pure diamonds often with exceptional transparency and brilliance.' In addition, fewer than 10 percent of pink diamonds weigh more than one fifth of a carat. All these factors make this 18.96-carat diamond exceptionally rare. It's sale will be a major moment in Christie's auction history. It will travel to Hong Kong, London and New York before returning to Geneva where it will be auctioned off November 13.