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Pink Diamond Sold in Auction for $44 Million

An exceptional pink diamond, of almost 19 carats, reached a sale price of 50 million dollars (44.2 million euros) in an auction held on Tuesday at the Geneva headquarters of Christie’s. The Pink Legacy was awarded to the American luxury jewelry Harry Winston, which renamed it immediately as Winston Pink Legacy, as confirmed by the company’s communications director, Alexandra Kindermann.

he price reached by the diamond is a record for the pieces of that color. “2.6 million dollars per carat,” said François Curiel, head of Christie’s in Europe. “This stone is for me the Leonardo da Vinci of diamonds”.

The diamond was probably carved in the 1920s, according to Jean-Marc Lunel, Christie’s international jewelry specialist. Cut rectangular, it was the star of Christie’s autumn auction.

The fabulous diamond belonged to the Oppenheimer family, who led the De Beers mining company for several decades , although it is unknown if it remained in their hands or had passed to another owner. Harry Winston belongs to the Swiss group Swatch.

The international head of jewelry at Christie’s, Rahul Kadakia, had anticipated that the sale of a diamond with the characteristics of Pink Legacy would cause a great uproar among collectors and connoisseurs around the world. Its tone, fancy vivid , is the one of greater intensity degree in the scale of color and, above 10 carats, they are practically unknown diamonds in the market.