8.41-Carat Pink Diamond Sells for Record $17.77M

[jeff of pa]

Sotheby's Hong Kong sold an 8.41-carat pear-shape "internally flawless fancy vivid" purple-pink diamond as part of the Magnificent Jewels and Jadeite Autumn Sale 2014 on Oct. 7, 2014 at the Hong Kong Convention and Exhibition Center. The gem, estimated to be worth $12.8 to $15.4 million, sold for a record $17.77 million. The auction house also achieved the world auction record

 

Amazon Forum Fav 👍

Upgraded Night Vision Monocular Digital Infrared Monocular Telescope for 100% Darkness with 8X Zoom - Grab it through Amazon!

[Higgy]

Its lovely, indeed, but when I think of how many people that money would feed...

 

[jeff of pa]

what was really sad was the guy said about Bidders
"toward the end ...... trying to save every Million Dollars"

I have a hard time trying to save any dollar

all that Money for something they will hide away in a safe or Safe Deposit box
almost the whole time they own it.

& if they do pull it out to show someone, they will watch them like a Hawk,
& with distrust, every second.

If it was me I'd take it in my hand & pretend to almost drop it

 

[Sheldon J]

too much for what it is.... Likely some Fat Cat Chinese new wealth business man bought it....

 

[HenryWaltonJonesJr]

Well at least the Pink Panther at least has something new to strive for.

 

[BurntBear]

As a gemstone prospector; that makes me sick, lol.

 

[Bumpstick]

It will be allot easier to sneak that diamond out of the country than move all that cash somewhere safe.

 

[UnderMiner]

They probably just made the thing in a lab with one of those new diamond-making machines (would explain why its so flawless). If you ask me, anything that can be artificially created by a machine is automatically worthless. That is why I predict in 100 years or less diamonds will be no more expensive than today's cultured pearls. Heck I bought a diamond-tipped cutting blade for $10 at Home Depot yesterday, the blade literally sparkles with diamonds - it's so pretty - too bad it's meant to be thrown away.

 

[Sheldon J]

They probably just made the thing in a lab with one of those new diamond-making machines (would explain why its so flawless). If you ask me, anything that can be artificially created by a machine is automatically worthless. That is why I predict in 100 years or less diamonds will be no more expensive than today's cultured pearls. Heck I bought a diamond-tipped cutting blade for $10 at Home Depot yesterday, the blade literally sparkles with diamonds - it's so pretty - too bad it's meant to be thrown away.

Just a few years back there was a story with photos of DeBers dumping cargo trailers loaded with diamonds someplace undisclosed out in the Pacific in order to keep the supplies in check and hence the diamond prices up....

 

[tamrock]

I don't get why they say it's a record breaker for a pink diamond at $17.77 million The pink Princie Diamond sold in 2013 for $39.3 million.
Princie Diamond - Wikipedia, the free encyclopedia