Bulgari Pink Diamond Ring to Headline Christie's Magnificent Jewels Auction, Estimated at $18 Million
On November 10, Christie's Magnificent Jewels auction will feature a remarkable Bulgari ring showcasing a 24-carat emerald-cut pink diamond, known as the Bulgari Pink. This diamond, classified as Fancy Intense Pink and Type IIa, was acquired in India during the 1950s by the great-grandfather of its current owner. The ring, which has been privately held for over seven decades, is projected to sell for between $12 million and $18 million. From November 5 to 10, it will be displayed at the Four Seasons Hotel des Bergues in Geneva. The demand for pink diamonds has surged since the Argyle Mine in Western Australia closed in 2020, with notable sales like the CTF Pink Star fetching $71.2 million in 2017.
Key facts
- A Bulgari ring with a 24-carat pink diamond will headline Christie's Magnificent Jewels auction in late November.
- The diamond, named the Bulgari Pink, is expected to sell for between $12 million and $18 million on November 10.
- The stone was bought in India in the 1950s by the great-grandfather of the current owner, a European noble.
- It is classified as Fancy Intense Pink, Type IIa, and has a rectangular step cut.
- The ring will be on view at the Four Seasons Hotel des Bergues in Geneva from November 5 to 10.
- The Argyle Mine in Western Australia closed in 2020, leading to increased demand for pink diamonds.
- The CTF Pink Star sold for $71.2 million at Sotheby's Hong Kong in 2017, a record for any gemstone at auction.
- The Winston Pink Legacy sold for $50 million in 2018, setting a per-carat record of $2.65 million for a pink diamond.
Entities
Artists
- Elizabeth Taylor
- Richard Burton
- Audrey Hepburn
- Mel Ferrer
- Rachel Cormack
Institutions
- Bulgari
- Christie's
- Sotheby's
- Argyle Mine
- Four Seasons Hotel des Bergues
- Robb Report
- HuffPost
- Concrete Playground
Locations
- India
- Western Australia
- Hong Kong
- Geneva
- Switzerland
- New York
- Australia
- Via Condotti
- Rome
- Italy