'Pink Promise' Sets Record at Christie's Magnificent Jewels Hong Kong Sale

The 'Pink Promise' set a world record per carat price for a pink diamond weighing more than 10 carats as it grabbed most of the attention at Christie's Magnificent Jewels Hong Kong auction on November 27.

The 14.93-carat Fancy Vivid pink diamond was acquired for $31,861,000.

The pre-sale estimate for the oval-shaped gem was $28 million to $42 million.

The Fancy Vivid VVS1 pink diamond, which is set in a platinum ring with white diamonds around it, sold for approximately $2.13 million per carat.

The sale price was lower than the world record per carat price for pink diamonds which was set in a December 2009 sale at Christie’s in Hong Kong, when a cushion-shaped Fancy Vivid pink five-carat diamond sold for $2,155,332 per carat.