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Vivid pink diamond to dazzle at Christie's Hong Kong

August 03, 2009
"The Vivid Pink" shows no traces of a secondary color, displays even color depth and distribution, as well as balanced saturation and tone, qualifying the stone for a Fancy Vivid color grading from the Gemological Institute of America. Only one in 100,000 diamonds possess a color deep enough to qualify as fancy.

Hong Kong--A five-carat cushion-cut pink diamond known as "The Vivid Pink" is set to lead Christie's Hong Kong sale this fall.

According to a media release from the New York-based auction house, The Vivid Pink is the largest potentially flawless fancy-vivid-pink diamond ever offered for sale at auction.

Property of a private collector and set in a ring by renowned jeweler Laurence Graff, the diamond is expected to fetch HK $39-$55 million (about $5 million-$7 million).

Christie's fall Hong Kong sale is set for Dec. 1.

Prior to the sale, The Vivid Pink will be on display in the following cities: New York, Oct. 17-20 at Christie's Rockefeller Center Galleries; Singapore, Oct. 29-30 (by appointment only); Bangkok, Thailand, Nov. 11-12 (by appointment only); Geneva, Nov. 15-17 at the Four Seasons Hotel des Bergues; Taipei, Taiwan, Nov. 21-22 at the Fubon Life Assurance Building; and Hong Kong, Nov. 27-Dec. 1 at the Hong Kong Convention and Exhibition Centre.

According to the release, Christie's holds the world-record price for a pink diamond at auction and has achieved three of the five top prices for pink diamonds in the international auction jewelry market.

The current record for a pink diamond sold at auction is $7.4 million, fetched by a 19.66-carat rectangular-cut fancy-pink diamond with VVS2 clarity, which sold at Christie's Geneva in November 1994.
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