Amazing Pink Diamond Sold! Drat-Not By Jessop’s

Posted on: April 20, 2012

Jessop’s can certainly source a rare pink diamond at our San Diego store if you crave one. Rare Pink 9 Carat But probably not quite as fabulous as the Clark Pink which just sold at auction for a record amount. Read on…

The Clark Pink, originally a ring-set, 9 ct. cushion-cut, fancy vivid purplish pink diamond, took in a jaw-dropping $15.7 million at Christie’s April 17 auction—shattering estimates and setting a new record for a pink diamond sold at auction in the U.S.
The winning bid far exceeded Christie’s estimate of $6 million-$8 million. The successful bidder tells JCK Magazine he was willing to pay far more.
“It is the most beautiful pink I have ever seen,” he says. “The color is just sensational. It is a true bubblegum pink. It has so much character, so much charm. In my 24 years of being in the business, I haven’t seen anything that resembles this diamond.”
The Clark Pink was part of the collection of Huguette M. Clark, an heiress of the Gilded Age. Overall, Clark’s treasure trove of jewels, which Christie’s called “a fairy tale collection,” fetched $20.8 million, against a presale estimate of $9 million. This makes it the second most valuable private collection sold in the United States in the last decade, behind Elizabeth Taylor’s.
Other auction highlights included:
• The Clark Diamond, a rectangular-cut D color potentially IF diamond ring of 19.86 cts. by Cartier, fetched $3.1 million, or $156,400 per ct.
Overall, the Christie’s New York Magnificent Jewels sale, which also featured jewels from other collections, realized $70.7 million.

Thanks to JCK Magazine for this story.

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