A 13.15-carat pink diamond will no longer be available at the upcoming Christie’s Magnificent Jewels auction in New York, Rapaport News has learned.
The emerald-cut, fancy-vivid-pink, VVS1-clarity stone, which carried a price estimate of $25 million to $35 million, was poised to be the December 6 sale’s showcase piece. Christie’s described the diamond as one of the largest of its kind to appear at auction.
“Christie’s confirms that the fancy-vivid-pink diamond ring has been withdrawn from sale in New York on December 6,” a spokesperson said. The company declined to comment further or provide a reason.
The item was scheduled to appear on display in Hong Kong on Friday. The removal was “very surprising,” said one colored-diamond dealer in the municipality.
Colored diamonds have had a mixed season at auction. On November 8, the 18.18-carat Fortune Pink fetched CHF 28.4 million ($28.9 million) at Christie’s Geneva, toward the lower end of its presale estimate. The following day, a 5.53-carat diamond from the De Beers Exceptional Blue Collection failed to find a buyer at a Sotheby’s auction in the Swiss city.
With the 13.15-carat pink off the list, the top remaining item at the Magnificent Jewels sale is a pear modified brilliant-cut, 31.62-carat, fancy-blue diamond pendant with a price estimate of $10 million to $15 million.
Image: The 13.15-carat pink diamond. (Christie’s)