Back

THE PERFECT PINK: AN EXTREMELY RARE 14.23 CARAT PINK DIAMOND LEADS CHRISTIE'S JEWELS SALE IN HONG KONG ON 29 NOVEMBER

Hong Kong

Hong Kong – On 29 November, Christie’s will offer The Perfect Pink, a rare 14.23 carat Fancy Intense Pink diamond, as the lead highlight in Jewels: The Hong Kong Sale. In over 244 years of auction history, only 18 diamonds over 10 carats showing a distinct pure pink colour have appeared for sale and not one was graded a Fancy Intense Pink at the time, placing this extraordinary diamond in a class completely of its own.   The Perfect Pink is a phenomenon in the world of gems and is offered with an estimate of HK$110-150 million (US$14-19 million).

THE PERFECT PINK

Gem connoisseurs have long considered pink diamonds to be among the most beautiful of gemstones since they were first discovered in the ancient mines of India.  Larger specimens rarely come up for auction and their scarcity makes the sale of The Perfect Pink, a 14.23 carat fancy intense pink diamond, an extraordinary event.  Indeed, large polished pink diamonds with this intensity of colour are virtually unheard of– in fact, fewer than 10% of pink diamonds weigh more than 0.20 carats.

Beyond its impressive size, The Perfect Pink is a paragon of perfection in terms of its color, clarity, and cut. While most pink diamonds exhibit a colour modifier like purple, orange or grey, this specimen shows absolutely no trace of a secondary colour, making it exceedingly rare, both commercially and naturally.  Only this requisite richness and depth of its inherent pure pink body colour combined with a wonderful balance of tone and saturation can qualify for that coveted Fancy Intense colour grading from the Gemological Institute of America (GIA). While the majority of pinks are graded SI (Slightly Included) on the GIA clarity rating scale, this 14.23-carat pink diamond shows no inclusions. Its VVS2 (Very Very Slightly Included 2) grading is due to an internal graining, typical of Type IIa pink diamonds such as this.  Further emphasizing its rarity is the elegant and classic rectangular cut of the diamond, a cut generally reserved for white diamonds.  Rather than a modified cut seen in the vast majority of color diamonds – used to help “release” color - the impeccable emerald cut signals that no additional facets were required to intensify its perfect tone.  Taken together, The Perfect Pink is unmatched and stands as a diamond of the highest caliber fit for the world’s most discerning collectors.

MARKET UPDATE: PINK DIAMONDS

In the diamond market, both past and present, Fancy Intense Pink diamonds are commercially and notably very rare.  Only 18 diamonds over 10 carats showing a distinct pure pink colour have ever appeared for sale at auction. Of these, all exhibited a lighter shade and saturation of pink, without coming close to an Intense Pink such as seen in The Perfect Pink.

Christie's has been privileged to have handled and sold some of the world’s greatest pink diamonds, including The Agra, a Fancy light pink cushion-shaped diamond of 32.24cts (VS1) sold at Christie’s London in June 1990 for US$6,959,780, and The Rose of Dubai, a Fancy pink pear-shaped diamond ring of 25.02cts (IF, Type IIa) sold at Christie’s New York in October 2005 for US$6,008,000.

A historic mark was made on the international auction market on December 1st, 2009 when Christie’s Hong Kong sold the The Vivid Pink, a cushion-cut Fancy Vivid pink potentially flawless diamond of 5.00-carats, for US$10,776,660 - an astounding US$2,155,332 per carat. With this sale, the colour pink set a world auction record price per carat for any diamond or gemstone, simultaneously establishing also a world auction record price for any pink diamond. This achievement exceeds a record previously held by a 7.03-carat cushion-cut Fancy Vivid Blue diamond which sold for US$9,488,754 or US$1,349,752 per carat. And so, pink officially became recognised as the most valuable diamond colour per carat in the auction world.

In advance of the 29 November sale in Hong Kong, The Perfect Pink will be on view in the following cities around the world:

New York:       17-19 October             Christie’s Rockefeller Center Galleries

Geneva:           14-16 November         Four Seasons, Hotel des Bergues

Taipei:             20-21 November         Fubon Life Assurance Building

Hong Kong      25-29 November         Hong Kong Convention & Exhibition Centre

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of global services, including art appraisal, art financing, international real estate and education. Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing responsible culture throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps. 

* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.   *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.