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18-carat pink diamond could fetch up to $35M at auction
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A vivid pink diamond that has been nicknamed "The Fortune Pink" is going up for sale at a Christie’s International auction and insiders believe it could fetch up to $35 million.
The British auction house is hosting a Geneva Magnificent Jewels sale in Switzerland on Tuesday, Nov. 8, where collectors will place bids on The Fortune Pink and other fine jewels, according to a Christie’s press release.
The Fortune Pink is an 18.18-carat pear-shaped vivid pink diamond and jewelry experts at Christie’s estimate that it’s worth between $25 million and $35 million.
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"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," Rahul Kadakia, the head of jewelry at Christie’s International, said in a statement.