Naturally Colored Diamond Blog

Small Pink Diamonds with Big Price Tags

Posted by Tony Cathaway on 12/9/16 8:05 AM

Pink diamonds are perhaps the most coveted of all the colored diamonds. They consistently bring in some of the highest price tags and draw the most attention at auction. There have been several notable sales of pink diamonds over the last decade, including The Sweet Josephine, The Graff Pink, and The Unique Pink. These diamonds all boast a weight of 15+ carats and each sold for $20 million or more. Yet, there are some smaller pink diamonds that have sold recently that are also notable both in their beauty and price tag. In this article, we will discuss the price of pink diamonds of these lesser known stones.

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Price Of Pink Diamonds Throughout History

  • Sotheby’s sold an unnamed pink diamond in Hong Kong in 2012. The 3.28 carat diamond had a color classification of fancy vivid pink. The pear-shaped stone sold for $3.2 million, with a per carat value of $975,610.
  • Also sold by Sotheby’s, an unnamed 4.59 carat pink diamond graded as fancy intense pink, was sold in Geneva in 2010 for a final sale price of $2.8 million. The pear-shaped pink diamond achieved a per carat value of $610,000.
  • Sotheby’s 2010 Hong Kong auction saw the sale of a rectangular cut pink diamond with a fancy vivid pink color classification. The 6.43 carat stone had a final sale price of $7.69 million, earning it a per carat value of just under $1.2 million.
  • An Oscar Heyman & Brothers pink diamond was sold by Sotheby’s in 2012. The oval-shaped diamond was given a classification of fancy intense color pink diamond, weighing in at 6.54 carats. The diamond went on to sell for $8.5 million, or $1.3 million per carat.
  • Sotheby’s Geneva saw the sale of a rare purplish-pink diamond in 2012. The diamond was officially classified as fancy intense purple-pink and is fashioned in a brilliant cut. It weighs in at 3.71 carats and sold for $5.48 million, making it worth nearly $1.48 million per carat.
  • In the Spring of 2015, Christie’s auctioned off a purplish-pink diamond in New York City. The 5.29 carat diamond was graded by the GIA as an intense purplish pink. The radiant cut diamond sold for $5.76 million, giving it a per carat value of just under $1.09 million.
  • Most recently, the Pink Star sold for $71 million at an auction in Hong Kong. This marks the most expensive colored diamond ever sold at an auction!

While these beautiful diamonds are small in size when comparing them to record breaking pink diamond sales, they are far from small to the average diamond buyer. With the average weight of these diamonds hovering around 5 carats, it is important to remember that these diamonds are around 11 millimeters wide, making them only slightly smaller than the size of a dime. As pink diamond supply depletes with the impending closure of Rio Tinto’s Argyle Diamond Mine in Australia, expect to see price of pink diamonds, large and small, continue to swell.  

For more reading on pink diamonds, see the links below: 

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Topics: Pink Diamonds Insight

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