Pink Star (diamond)

This article is about the large diamond. For the racehorse, see Pink Star.
Pink Love
Pink Star
Steinmetz Pink
Weight 59.60 carats (11.920 g)
Color Fancy Vivid Pink
Cut Mixed Oval Brilliant (step cut crown, brilliant cut pavilion)
Discovered 1999; unveiled 29 May 2003
Owner Isaac Wolf[1]
Estimated value US$83.2 million (November 2013)

The Pink Star, formerly known as the Steinmetz Pink,[2] is a diamond weighing 59.60 carat (11.92 g), rated in color as Fancy Vivid Pink by the Gemological Institute of America. The Pink Star was mined by De Beers in 1999 in South Africa, and weighed 132.5 carat in the rough.[2] The Pink Star is the largest known diamond having been rated Vivid Pink. As a result of this exceptional rarity, the Steinmetz Group took a cautious 20 months to cut the Pink. It was unveiled in Monaco on 29 May 2003 in a public ceremony.

The Pink Star was displayed (as the Steinmetz Pink) as part of the Smithsonian's "The Splendor of Diamonds" exhibit, alongside the De Beers Millennium Star, the world’s second largest (the Centenary Diamond is the largest) top colour (D) internally and externally flawless pear-shaped diamond at 203.04 carat (40.608 g), the Heart of Eternity Diamond, a 27.64 carat (5.582 g) heart-cut blue diamond and the Moussaieff Red Diamond, the world's largest known Fancy Red diamond at 5.11 carat (1.022 g).

2013 auction

In 2013 the Pink Star was auctioned by Sotheby's Geneva on 13 November 2013. The sale price was USD 83,187,381 (GBP 52,000,000, CHF 68,000,000), a world record for a diamond of any colour and, indeed, for any gemstone.[3] Prior to the sale the record had been held by the Graff Pink. The Pink Star was bought by New York diamond cutter Isaac Wolf who renamed it The Pink Dream.[1][2] however, according to Forbes magazine,[4] the auction price has so far not been settled by the buyer and the stone has now been added to the Sotheby's inventory. As of May 2016 the diamond was still with Sotheby's, as the 2013 buyer could not afford the price.[5]

Names

See also

References

  1. 1 2 Bennett, David (13 November 2013). "'The Pink Dream': An Auction Record for Any Jewel". Sotheby’s. Retrieved 14 November 2013.
  2. 1 2 3 "Diamond to be sold by Sotheby's at record price of $60m". BBC News. 25 September 2013. Retrieved 25 September 2013.
  3. ↑ "Pink Star diamond fetches record $83m at auction". BBC News, Business. BBC. Retrieved 14 November 2013.
  4. ↑ http://www.forbes.com/sites/anthonydemarco/2014/03/01/the-83-million-pink-diamond-default/
  5. ↑ http://www.bbc.co.uk/news/world-36326682
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