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    The rare emerald cut pink diamond. (click on image to enlarge)

    An exceptionally rare 24.78 carat fancy intense pink diamond of the purest hue is to be sold at Sotheby’s in Geneva on November 16.  The market for coloured diamonds is extremely strong and they are the most sought after gemstones in the world’s auction rooms today.

    This emerald cut stone carries a type IIa classification which comprises less than 2% of all of the world’ diamonds.   Though graded VVS2 quality the Gemological Institute of America say the stone may be internally flawless after repolishing.  It was purchased directly from Mr. Harry Winston 60 years ago and has not been on the open market since.

    David Bennett, Sotheby’s International Jewellery department chairman, Europe and the Middle East, said: “This stone is one of the most desirable diamonds I have ever seen. What makes it so immensely rare is the combination of its exceptional colour and purity with the classic emerald-cut”. It is estimated at $27-38 million Swiss Francs. about 20-25 million euro.
    UPDATE:  IT MADE 45,442,5000 Swiss Francs, or 33.7 million euro

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