Auctions

The 18-Carat ‘Fortune Pink’ Diamond Could Sell for $35M

AuctionsSep 28, 2022

The 18-Carat ‘Fortune Pink’ Diamond Could Sell for $35M

The pear-shaped fancy vivid pink diamond will lead the Christie’s Geneva Magnificent Jewels auction on Nov. 8.

“The Fortune Pink,” an 18.18-carat pear-shaped fancy vivid pink diamond, is expected to sell for as much as $35 million at Christie’s in November. (Photo credit: Christie's Images Ltd. 2022)
Geneva—A spectacular large pink diamond could sell for $35 million at auction in November.  
 
Christie’s has debuted “The Fortune Pink,” an 18.18-carat pear-shaped fancy vivid pink diamond that will lead its Geneva Magnificent Jewels auction. 
 
The stone is estimated to sell for between $25 million and $35 million. 
 
To date, the largest vivid pink diamond sold at Christie’s has been the 18.96-carat Winston Pink Legacy, which sold to jeweler Harry Winston for $50.4 million in late 2018, setting a world record per-carat price—at $2.7 million per carat—for a pink diamond at auction. 

Christie’s said The Fortune Pink is the largest pear-shaped fancy vivid pink diamond to be offered at auction. 
 
The number 18 is considered lucky in Chinese culture, and with the stone’s auspicious weight, it is expected to garner plenty of interest from global collectors. 
 
“After The Rock, a 228-carat diamond sold this May in Geneva, Christie’s is proud to present The Fortune Pink, the largest pear-shaped fancy vivid pink diamond offered for sale at auction. With its auspicious weight of 18.18 carats, this exceptional pink diamond of phenomenal color will certainly bring good fortune to its new owner,” said Christie’s International Head of Jewelry Rahul Kadakia. 
 
The Fortune Pink will go on an international tour before the auction.
 
The Geneva Magnificent Jewels auction will be held on Nov. 8 at the Four Seasons Hotel des Bergues. 
 
The debut of The Fortune Pink follows closely on Sotheby’s unveiling of the “Williamson Pink Star,” an 11-carat fancy vivid pink diamond expected to sell for upwards of $20 million in a single-lot auction next month.  

 Related stories will be right here …
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

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