The world’s largest pink diamond will soon be up for grabs. The precious rock, with its pure pink color, weighs in at almost 60 carats, and is estimated to fetch over 60 million US dollars at auction. Some valuable contemporary paintings will also go under the hammer later this month.
Putting the big in bling, this massive pink diamond is waiting for its new owner. Reportedly discovered in Africa in 1999, it has never before been up for public sale.
According to David Bennett, the Chairman of Sotheby’s International Jewelery division, the pink color is not an imperfection.
David Bennett, Chairman of Sotheby's Int'l Jewelry Division, said, "The reason the diamond is pink is probably by an accident when it was being formed. The cause of the pink is not precisely known. What we do know is it is not an impurity."
Bennett says the reason diamonds are so exciting is that they are formed very deep within the earth’s crust, and are mined differently than other precious stones.
"The only reason we have them is when they have been associated with volcanoes when they have been brought up by chance to the surface." David said.
The flawless 59.6-carat Pink Star will be auctioned off in Geneva on Nov. 13th.
Source: CCTV
