Colour diamonds remain the talk of the jewelry industry by continuing to shatter auction records around the world.
At Christie’s auction in Hong Kong on November 26th, an oval-shaped 12.85 carat fancy intense orangey pink diamond went under the gavel. The stone ended up selling for $4,950,720, a world record price for an orangey pink diamond. It also set a world record for that colour of stone with a per-carat-price of $385,000.
The stone is surrounded by a brilliant-cut diamond border and pear-shaped diamond surround and then set in platinum and 18k rose gold.
In total, the Hong Kong auction sold $111,337,808 million in jewelry, the highest-ever total for a jewelry auction in Asia.