The Jewelry Insider

December 9, 2010

Pink is the new green at Christie’s. Why? They just sold a 6.89-carat fancy vivid purple-pink diamond for a whopping $1 million per carat!

The top lot at the Christie’s New York Jewels sale on Decemeber 7th was a fancy vivid purple-pink diamond of 6.89 carats, which sold for a stunning $6,914,500, or $1 million per carat.

The cut-cornered modified rectangular-cut diamond is set in a ring with pave-set pink diamonds, mounted in 18kt rose gold, according to the auction house.

“Following the record-breaking $23 million sale of The Perfect Pink at Christie’s Hong Kong, a 6.89 carat fancy vivid purple-pink diamond led the day here in New York,” Rahul Kadakia, head of jewelry at Christie’s Americas, said.

“The results of the day’s sale bring our New York jewelry sales total to $131 million for the year – the highest total ever for the U.S. jewelry auction market.”

Lately it seems the world can’t get enough of pink diamonds, the most notable being the $46-million pink diamond sold at Sotheby’s to Laurence Graff, which set the record for most expensive jewel to sell at auction.

But jewelry lovers don’t have to spend a fortune to get pretty in pink this season. Enhanced pink sapphire gems are an affordable way to get that blushy hue in your jewelry wardrobe – with most pricing well below $100.

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