Vivid pink-purple diamond beats estimate by 14.9% at Sotheby's

Vivid pink-purple diamond beats estimate by 14.9% at Sotheby's

An 8.4-carat vivid pink-purple diamond mounted on a platinum ring has sold for $17.7m at Sotheby's Hong Kong.

The lot beat its $15.4m estimate by 14.9% on October 7.

pink diamond Sothebys
The pink diamond headlined the Hong Kong sale

Quek Chin Yeow, Sotheby's deputy chairman of international jewellery business in Asia, commented prior to the sale: "This colour is one of the most beautiful and concentrated shades of pink in diamonds that I have seen.

"Together with its exceptional clarity, it is not surprising that it would command the highest per-carat pre-sale estimate for any pink diamond to date."

The Pink Dream holds the record for the most valuable pink diamond ever sold at auction, achieving $83.1m at Sotheby's New York in 2013.  

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