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Thread: 8.41-Carat Pink Diamond Sells for Record $17.77M

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  1. #1

    Dec 2003
    Western Schuylkill County
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    8.41-Carat Pink Diamond Sells for Record $17.77M

    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



  2. #2
    us
    Honorary Goonie

    Jul 2014
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    Its lovely, indeed, but when I think of how many people that money would feed...
    jeff of pa and BurntBear like this.
    Only a motorcycle rider knows why a dog sticks his head out the window.

  3. #3

    Dec 2003
    Western Schuylkill County
    MINELAB EXPLORER SE PRO ....... Garrett Pro Pointer…… Sovereign XS-2 Pro
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    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
    Last edited by jeff of pa; Oct 08, 2014 at 04:05 AM.
    Sheldon J and BurntBear like this.

  4. #4
    us
    too many hobbies...

    Jul 2009
    Battle Creek, Mi
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    too much for what it is.... Likely some Fat Cat Chinese new wealth business man bought it....

  5. #5

    Sep 2013
    Downtown Chicago
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    Well at least the Pink Panther at least has something new to strive for.
    BurntBear likes this.

  6. #6
    us
    Prospector-Miner-Collector

    Jul 2014
    N.E. Tennessee
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  7. #7
    us
    Jun 2008
    Lake Country WI.
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    It will be allot easier to sneak that diamond out of the country than move all that cash somewhere safe.

  8. #8
    us
    The Urban Pirate

    Jul 2014
    New York City
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    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 likes this.
    Let history be your treasure map .

  9. #9
    us
    too many hobbies...

    Jul 2009
    Battle Creek, Mi
    Mine lab, Garrett, Bounty Hunter,
    815
    354 times
    Quote Originally Posted by UnderMiner View Post
    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....
    jeff of pa likes this.

  10. #10
    us
    Grant Brandenburg

    Jan 2013
    Colorado
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    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
    BurntBear likes this.

 

 

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