Fortune Pink, The Largest Pink Pear-Shaped Diamond, To Be Auctioned Soon

Fortune Pink, an exceptionally rare giant gemstone, will be auctioned in November in Geneva, where it could sell for up to 35 million dollars, Christie's announced on Monday.

The fabulous gem weighs over 18-carat and is the largest pear-shaped pink diamond of this quality ever to be auctioned, Christie's added. It is owned by Artémis, the holding company of the French Pinault family.

The value of the diamond, which will be auctioned for the first time on November 8, was estimated at 25-35 million dollars.

The sparkling pink tear-drop-formed stone, mounted on a ring flanked by a large white diamond on either side, weighs exactly 18.18 carats. This is an Asian lucky number, meaning "endless wealth."

Fortune Pink Is Expected To Attract Collectors All Over The World

"Weighing in at an auspicious 18.18 carats... the weight in fact brings luck to the new owner," Angela Berden, Christie's senior jewelry specialist, told AFP.

"It is a beautiful stone; it's extremely rare to find a pink diamond, a bright pink diamond, of this size," she said, adding that "I wouldn't know where to find another."

Other Famous Pink Diamonds Auctioned

The "Fortune Pink" is the largest pink pear-shaped diamond ever auctioned, but larger cushion-shaped diamonds have been sold before.

In 2018, Christie's sold a spectacular 18.96-carat pink diamond called the "Pink Legacy" for more than 50 million Swiss francs, or $49.9 million at the time, a record price for a gem of that color

This diamond discovered about a century ago in South Africa was purchased by Harry Winston Inc., owned by the Swiss Swatch Group, who immediately renamed it "Winston Pink Legacy".

The previous year, "Raj Pink", the largest intense pink diamond in the world, 37.3 carats, put up for auction by Sotheby's, did not find a buyer. Its value was estimated at 30 million dollars.

In May 2021 Christie’s offered one of the most beautiful and largest fancy vivid purple-pink diamonds ever to appear at auction, This incredibly rare gemstone of 15.81 carats recently was sold for $29.3 million in Hong Kong. Sakura (meaning Cherry Blossom in Japanese) was considered to be the largest purple-pink diamond offered at auction.

The largest internally flawless, fancy vivid pink diamond offered at auction is the 59.60-carat CTF Pink Star sold by Sotheby's Hong Kong in 2017 for $71.2 million. This was a world record for any gem sold at auction

Scientists classify diamonds into two main "types" — Type I and Type II. The diamond has a scarce, almost homogenous color in the latter. Pink diamonds fall under the rare Type IIa category of diamonds

"These are stones that have little if any trace of nitrogen, and make up less than two percent of all gem diamonds. Type IIa stones are some of the most chemically pure diamonds often with exceptional transparency and brilliance," Rahul Kadakia, International Head of Jewellery at Christie’s explains.

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