Is pink diamond the most expensive diamond?

Is pink diamond the most expensive diamond?

The Pink Star diamond has become the world’s most expensive gemstone, selling at auction today for an incredible US$71.2 million (A$94.3 million) including buyer’s premium. At 59.60 carats, The Pink Star is the largest internally flawless, fancy vivid pink diamond ever graded by the Gemological Institute of America.

Are pink diamonds worth it?

Most gems have at least one secondary colour but pure diamonds are quite rare and valuable. The stone becomes more expensive as the strength of colour or intensity increases. Regular pink diamonds are already expensive, but certified Argyle pink diamonds are worth so much more.

How rare is a pink diamond?

Only a few mines in the world produce pink diamonds, and of those diamonds that are cut and polished only one in roughly 10 million will possess a colour pure enough to be graded Fancy Vivid.

Who owns the most expensive pink diamond?

In 2017, a 59.6-carat pink diamond sold for a record $71.2 million. The diamond, which was purchased by Hong Kong jewelers Chow Tai Fook and renamed “CTF Pink Star,” remains the most expensive polished diamond of any color to sell at auction.

Is Black diamond rare?

Fancy black diamonds and Carbonados are both extremely rare. Only one in 10,000 natural diamonds are colored diamonds and only a portion of these colored diamonds are black. Because of their scarcity, natural black diamonds and Carbonados are the some of the most valuable and most costly.

Why is pink diamond so expensive?

Rarest Diamonds that Worth Millions Pink diamonds’ high value stems from their extreme rarity, apart from the fact that they are undeniably exquisite. Pink diamonds have long been admired by royalty and are estimated to sell for millions per carat in today’s market, with huge carats and bright colors in limited supply.

What is the rarest diamond?

red diamond
Quick answer: The rarest diamond color is the red diamond. They are so rare that less than 30 true red diamonds are known to exist. They can cost $1 million per carat and most of the red diamonds in existence are less than ½ a carat in size.

Is Black Diamond rare?

How much would a 100 carat pink diamond cost?

The cost of a pink diamond will range from $10,000 per carat for a less intense pink diamond to $700,000 per carat for a deep and intense pink diamond. The color intensity and carat weight of pink diamonds are the two most important factors that influence their price.

What is the largest pink diamond ever found?

The “CTF Pink Star,” weighing 59.6 carats, holds the current record for the price paid for a pink diamond at auction, at $71.2 million, which was sold in Hong Kong in April 2017.

Are pink diamonds real?

They Are Extremely Rare You might think that pink is quite a common color for precious stones, particularly for diamonds, but it isn’t. There is a lot of women that have white diamonds on their rings while pink diamonds are still a rarity.

Are yellow diamonds rare?

These diamonds are referred to as “fancy colored.” Only a small percentage of mined diamonds have a deep, true color. Therefore, while natural yellow diamonds are still very rare, they are much easier to find on the market compared to other fancy colored diamonds.

How much does a pink diamond ring cost?

In December 2009 Christie’s Hong Kong sold The Vivid Pink, a 5.00-carat potentially flawless, type IIa, Fancy Vivid Pink diamond ring for US$10.78 million (US$2.1 million per carat). Today, the diamonds sold in the world’s largest auction houses, Sotheby’s and Christie’s, basically define the going prices for these magnificent stones.

Is the Pink Panther diamond real?

The Pink Panther is a fictional diamond with a distinctive flaw which resembles a leaping panther. The diamond was a major plot device in a series of films which are collectively known as the Pink Panther movies.

How are diamond rings appraised?

How the Value of Your Diamond Ring Is Appraised. A diamond ring usually consists of one or more diamonds and a body of metal. The appraiser will establish the value of each of these elements separately. For example, he or she will evaluate the quality of the stones and estimate how much they are worth. (Text continues below ad.)

What is a natural pink diamond?

Pink diamonds are 100\% natural, and if that isn’t the case, one legally needs to note that the stone is artificially enhanced on the certificate. When the rough stone is found, there is a pinkish tint to the color of the stone.