News

Rare Pink Diamonds ‘The Spirit of The Rose’ Sold For $ 26.6 Million

A rare pink diamond was sold for $26.6 million at a leading auction event run by an auction company, Sotheby’s. The selling price of the diamond, dubbed ‘The Spirit of the Rose’, which weighs 14.83 carats, has set a new world record for pink and purple diamonds.

It only takes a few minutes to reach 21 million Swiss francs. But the identity of the buyer who eventually managed to own the diamond is kept secret.

The diamond was formed from a 27.85 carat stone found at a diamond mine owned by the Alrosa firm in the Sakha Republic in northeastern Siberia, Russia, in 2017.

Picture: The Jakarta Post

The work of cutting the diamond took almost a year to maintain its original pink color. Pink diamonds are very hard to find and are in high demand in the global market.

Five of the 10 most expensive diamonds ever sold are pink diamonds, according to Sotheby’s.

Previously, the record for the most expensive pink diamond ever sold was CTF Star Pink which sold for $ 71.2 million at an auction event in Hong Kong, in 2017.

Source: TRT World, The Jakarta Post

Adib Mohd

Recent Posts

Not Just Big Sales Anymore, Lazada Drops Daily Deals

Gone are the days when online shopping was just about big monthly sales and surprise… Read More

10 hours ago

Red Army Watches Malaysia & SEVENFRIDAY Celebrate Merdeka with a Limited-Edition Riley Bear in Batik

In celebration of Malaysia’s Independence Day and Malaysia Day 2025, Red Army Watches Malaysia is… Read More

12 hours ago

HABIB Celebrates Malaysia’s Heritage with Modern Sparkle This Merdeka

Malaysia’s homegrown jeweller, HABIB, returns with its iconic Jualan Merdeka campaign, running nationwide from now… Read More

12 hours ago

Sacoor Brothers Reimagines Luxury with New Flagship Boutique at Suria KLCC

Portuguese luxury fashion house Sacoor Brothers has unveiled its newly redesigned flagship boutique at Suria… Read More

12 hours ago

Casio x The Sandbox: G-SHOCK Is Now in the Metaverse

Brace yourself, your favorite tough-as-nails watch just got a futuristic makeover. Casio is teaming up… Read More

16 hours ago

Pandora’s “Colour Pop” Collection Is Serving Summer Energy in Every Sparkle

Looking to brighten up your style this summer? Pandora's latest “Colour Pop” collection is bringing… Read More

16 hours ago

This website uses cookies.