LOOK: Pink diamond may fetch up to $50M at auction | ABS-CBN

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LOOK: Pink diamond may fetch up to $50M at auction

LOOK: Pink diamond may fetch up to $50M at auction

Reuters

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Toby Melville, Reuters
Toby Melville, Reuters
Toby Melville, Reuters
Toby Melville, Reuters
Toby Melville, Reuters

A Fancy Vivid Pink diamond is estimated to sell for almost $50 million dollars, auction house Christie's said.

The diamond, weighing 18.96 carats, is the largest of its kind to be sold in the company's history, International Jewellery Director David Warren told Reuters in London.

"In 40 years of working at Christie's I've never seen anything like this in my life. It was a huge surprise when there it was, we saw it and couldn't quite believe that such a stone existed. It has wonderful purity and incredible brightness. It is beautifully cut, but it is the size and the color that just take your breath away," Warren said.

"The estimate is $30-50 million dollars which is the highest estimate we have placed on any piece of jewellery at any time," he added.

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The diamond is on display in London this week ahead of going on auction at the Four Seasons Hotel des Bergues in Geneva, Switzerland on November 13.

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