The Pink has been named
The star lot of all recent Geneva jewellery auctions, a pear-shaped fancy vivid pink diamond of 9.14 carats, which sold for $18.2 million at Christie’s on Tuesday 15 November has been just named by its new owner, an Asian Private buyer who bought the gem over the phone. Going forward this quality stone will be known as
The Light of Memory
The Light of Memory” is the second most expensive coloured diamond sold to date throughout 2016, a particular important year for Christie’s, celebrating on 5th of December its 250th anniversary. The field of coloured diamonds is led by the sale of the Oppenheimer Blue, a fancy vivid blue diamond of 14.62 carats, which sold for $57.7 million at Christie’s Geneva this May. At this phenomenal price, it is also the most expensive jewel ever sold at auction.
Rahul Kadakia, International Head of Christie’s Jewellery Department congratulates the new owner on this important purchase and on the finding of such a meaningful title. He continued to comment on the auction and state of the jewellery auction market: “The 15 November auction showed depth and stability of the market, combined with international interest for the best lots offered in the auction market. The pink diamond, now known as The Light of Memory established the second highest price for a pear shaped pink diamond sold at auction and also demonstrated the continued demand for exceptional stones. Quality and rarity, combined with provenance and freshness to the market defined the success of the auction.”