Uncommon pink diamond and ruby price estimated $65 million on present at Sotheby’s Dubai

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Two distinctive, treasured gem stones are presently being exhibited at Sotheby’s Dubai earlier than they go beneath the hammer as a part of the public sale home’s Magnificent Jewels public sale in New York subsequent month.

The Everlasting Pink, a ten.57-carat diamond among the many most vivid pink diamonds to return to market, and the Estrela de Fura, a 55.22-carat ruby that’s the largest to look at public sale, will probably be on show at Sotheby’s in DIFC till Could 26.

Estimated to be price greater than $35 million, the Everlasting Pink is a sophisticated cushion-cut Internally Flawless Fancy Vivid Purplish Pink Diamond, the best doable grading for a colored diamond making an allowance for the color, carat, readability and minimize of the stone.

“Diamonds have such an exceptionally lengthy historical past,” Sophie Stevens, head of jewelry at Sotheby’s Dubai, tells The Nationwide.

“They have been referenced all through historic texts for millennia, they’ve at all times been revered as stones of energy, of would possibly, of power. It is one thing tangible that the Earth produces that is additionally so lovely. They’ve endured for hundreds of years and carry a romance about them.”

The CTF Pink Star – a 59.60-carat oval mixed-cut Fancy Vivid Pink, Internally Flawless diamond – was offered at Sotheby’s Hong Kong in April 2017 for a report value of $71.2 million.

The Everlasting Pink may break the price-per-carat report for any diamond or gemstone offered at public sale. The present report is held by The Williamson Pink Star, a 11.15-carat Fancy Vivid Pink Internally Flawless diamond, which offered at Sotheby’s Hong Kong in October final yr.

The Estrela de Fura, which interprets from Portuguese to imply Star of Fura, is predicted to fetch greater than $30 million. It was mined in Montepeuz, Mozambique in July 2022 by Dubai-based Fura Gems, initially weighing 101 carats – the biggest gem-quality ruby ever found by the mining firm.

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When it was first found, even in its unpolished and tough state, the ruby was thought-about an distinctive discover for its excellent readability and wealthy pink hue.

Stevens stated that the Estrela de Fura was particularly carved by a grasp cutter in Thailand beneath a lot supervision to make sure the tailoring of the stone would show its full color and transparency.

“The beauty of the Estrela de Fura is its vital measurement,” Stevens says.

“We have by no means seen something like this earlier than by way of gem high quality rubies of 55 carats however it’s so clear as nicely and the colors are distinctive. So the reducing was actually closely monitored and supervised to convey out these type of qualities.”

With the mix of its measurement, wealthy color and the untouched-by-heat therapy of The Estrela de Fura, the ruby may break the report for the most costly ruby offered at public sale.

The present report is held by the Dawn Ruby, a 25.59 carat Burmese stone, auctioned at Sotheby’s Geneva for $30.3 million in Could 2015.

“We invite individuals to return and see these distinctive gems at Sotheby’s Dubai this week the place they are going to be on view till Friday,” Stevens stated.

“And we encourage individuals to take action as a result of fairly merely, you gained’t see something like them ever once more.”

The 2 jewelry items are a part of Sotheby’s Magnificent Jewels public sale and will probably be on present at Sotheby’s Dubai at DIFC till Could 26.

Up to date: Could 23, 2023, 10:23 AM



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