Jewelry

‘Sakura’ pink diamond sells for US$29M

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‘Sakura’ pink diamond sells for US$29M

Sakura Diamond

A 15.81-carat pink diamond broke auction records when it fetched HK$226.27 million (US$29.28 million) at Christie’s Hong Kong, becoming the largest purple-pink flawless diamond ever sold at auction.

The internally flawless Type IIA “Sakura Diamond,” which realised a price per carat of US$1.85 million, was the star of Christie’s Magnificent Jewels sale in Hong Kong on May 23.

Overall sales reached HK$593.43 million (around US$76.8 million), with rare pinks leading the auction.

Apart from Sakura, another notable pink diamond – a 4.19-carat fancy vivid pink diamond named The Sweet Heart – was snapped up for HK$50.65 million (around US$6.6 million).

Vickie Sek, chairman of Christie’s Asia Pacific’s Department of Jewellery, commented, “The strong sell-through rates and exceptional prices achieved for top-quality coloured diamonds and gemstones reflect a robust market demand, and we look forward to extending this strong buying momentum to our upcoming live auction in New York on June 8.”
 

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