A leading international auction house of fine jewelry based in Toronto has announced that its upcoming Toronto sale and auction of jewels will feature the most valuable and rarest pink diamond ever to become available in the country.
Weighing a sp
ectacular 10.11 carats, this conflict-free gem, discovered in the Argyle Diamond Mines of Australia, is among the rarest collectible items ever to be offered in the region. The auction value of the diamond has been set anywhere from $2.5 million to $3 million. The most expensive pink diamond ever to be sold was a 5 carat world record pink diamond piece that sold for the price of $10.8 million dollars in Hong Kong last December.
k rel=”nofollow”>Colored gemstones are very desirable because of their exceeding rarity. Celebrity endorsements in the form of pink diamond engagement rings have made them even more desirable and chic. Carla Bruni, the model/singer and wife of French President Nicolas Sarkozy sports a pink diamond engagement ring as well as Jennifer Lopez from the notorious Bennifer era, and Victoria Backham, the posh spice. It is however most probable that the fate of this spectacular gem will be set at a safety box or a secure safe once purchased.
$30,000 heart-shaped engagement diamond ring on Carla Bruni’s finger from the President of France Nicolas Sarkozy (pic via).
the infamous 6.5 carat brilliant pink diamond engagement ring, from ex fiancée Ben Affleck (pic via)