HONG KONG: An enormous oval diamond named the "Pink Promise" was sold Tuesday for an eye-watering US$32.16 million at auction in Hong Kong.
The 14.93-carat Pink gemstone went to an unidentified phone bidder as applause filled the room. Auctioneers Christie´s said it was the second highest price per carat paid for a Pink diamond, next to the five-carat "Vivid Pink" which sold in Hong Kong for $10.78 million in 2009.
However, the diamond failed to sell at the higher end of the auction house´s estimates of up to US$42 million. "It´s a very, very strong price," François Curiel, Christie´s Europe and Asia chairman, told AFP after the sale. "It really shows that Hong Kong is a very important centre for jewellery today." An ongoing anti-corruption drive in mainland China has done little to dent feverish bidding in Hong Kong´s auction houses.
11-29-2017, 02:00 PM
Pink diamond sells for over $32m in Hong Kong
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