An extremely rare diamond, The Eternal Pink, is to be sold at auction and could break all records for a single carat. Its value is estimated at more than $35 million, over €32 million.
The 10.57-carat diamond will go on display as early as this week in Hong Kong and later in Dubai, Singapore, Shanghai, Taiwan and Geneva. The auction, meanwhile, is scheduled for 8 June at Sotheby’s in New York.
The stone, which boasts the highest quality scores, is described by experts as the most beautiful pink diamond ever offered for sale.
“Eternal Pink” was discovered by mining company De Beers at a mine in Botswana and was cut in New York, a job that took six months.
The diamond’s price per carat is estimated at $3.3 million.
The existing record was set in 2022 by the ‘Williamson Pink Star’ diamond, which sold for $57.7 million, or $5.2 million per carat.
Pink diamonds are among the world’s most expensive gems. They are particularly rare and have been made even rarer by the closure of the Argyle mine in Australia, where the overwhelming majority of the world’s pink diamonds were discovered.