$7.8 Million, 12-Carat Pink Diamond On Display In Person And Online
Significant pink diamonds are still in great demand and a new one has just entered the market and it’s available for purchase outside of an auction format.
A 12.27 fancy pink diamond is being offered by M.S. Rau Antiques in New Orleans. Known as the “Majestic Pink Diamond,” it has characteristics that are among the most desirable and rare in fancy colored diamonds, including VVS1, Type IIa designation. Type IIa colored diamonds are among the most desirable by collectors because they rarely contain internal imperfections and are famous for their color. The VVS1 designation translates to “Very, Very Slightly Included,” denoting very high clarity—rare for a colored diamond of this size.
The cushion-cut diamond is mounted on an 18k rose gold and platinum ring. The asking price is $7.85 million.
The pink diamond ring will go on display online on the 1stdibs.com website beginning August 8. For those who like to view the diamond in person, it will be on display at the Baltimore Summer Antiques Show, August 23 – 26.
Source: Forbes Online August 2012