What Is The Most Expensive Diamond In The World?

The Most Expensive Diamond: As the most expensive diamond in the world sold at auction, Pink Star is definitely its own name. It comes in unparalleled colors, clarity, size and cuts. Read further for details.

What is the most expensive diamond in the world?

In terms of value, the winning diamond is a pink star diamond. It was sold for an astonishing $62 million in 2013 and was auctioned in Hong Kong by the famous jewelry company Chow Tai Fook. Since then, the company’s founder has since been known as CTF Pink Star.

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Its original form was an uncut stone weighing 132.5 carats, which was mined in 1999. It is known for its unique properties, it has been carefully tailored and polished for nearly two years and has become a 59.60 carat inner flawless, quirky, vivid and vivid pink diamond.

What makes pink stars so expensive?

The pink stars are the most expensive diamonds in the world because there are some unique features that make it unique:

Unparalleled rarity: Pink diamonds make up 0.1% of the market, and even less bright pink.

Anomaly size: The pink star is 59.60 carats, making it Gia’s largest diamond grading bright pink.

Perfect Clarity: The diamond is flawless because there is no inclusion found inside the stone when viewed from 10x magnification.

Historical Auction Record: Its auction price is higher than previously recorded gems, which means setting a new standard for the gems auctioned.

Cultural Impact: Selling this diamond is global news that rare gems have produced rare gems in the market.

Key facts about pink stars and diamonds:

Carat Weight: 59.60 carats

Color: Fancy vivid pink

Clear: Flawless interior

Auction price: $83 million

Year of sale: 2017

Auction house: Sotheby’s, Hong Kong

Miner: de Beers

Buyer: Zhou Tai Chi Company

Original name: Steinmetz Pink

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Renamed: CTF Pink Stars

Other outstanding diamonds in the world:

rank	Diamond name	Estimated value	Carat weight	color	Key Highlights
1	Pink stars	$83 million	59.60 CT	Fancy vivid pink	The most expensive diamond ever; perfect clarity
2	Hope Diamond	$350 million (estimated)	45.52 CT	Fancy dark gray blue	See more : Optical Illusion: Can You Find the Womans Face in this Image? Known for the legend of curses; lives in Smithsonian
3	Oppenheimer Blue	$57.5 million	14.62 CT	Fancy vivid blue	Records of Blue Diamonds at Auction
4	Mousse red	$20 million (estimated)	5.11 ct	Fancy red	The rarest red diamonds available
5	Cullinani	$2 billion (EST.)	530.2 CT	colorless	The largest cut diamond; part of British crown jewellery

The importance of rare diamonds:

1. Cultural Values: Rare diamonds like Koh-i-Noor and Hope Diamond have royal and imperial heritage. These gems symbolize status, heritage and national pride. They are usually exhibited in museums and royal collections, rather than sold.
2. Investment potential: High-value diamonds as long-term investment assets. Over time, their price is very thankful, especially the colored diamonds. Auction results show that global demand for collectors and investors is rising.
3. Crafts and Sciences: Professionally tailored and polished diamonds such as Pink Star are the wonders of craftsmanship. Advanced grading methods and GIA certification guarantee authenticity. Their research also reveals geological history and rarity in the earth’s crust.
4. Global market demand: demand in Asia and the Middle East is rising. Natural exquisite colorful diamonds are particularly sought after due to their scarcity. Countries such as India and China are becoming key players in the luxury diamond market.

Interesting facts:

• When the Cullinan diamond was discovered in South Africa in 1905, its thick weight was 3,106 carats.
• The jewels in the British crown include koh-i-noor, also known as “Mountain of Light”, which is very rich in legend and its value is immeasurable.
• Daria-i-Noor is one of the largest pink diamonds in the world and remains one of Iran’s crown jewels.
• Less than 30 red diamonds make them the rarest of all colors.
• Diamond auctions attract billionaires, royals and celebrities, all competing for a period of history.

Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion