Diamond "Pink Legacy" Wins 39.1 Million Euros at Christie's Auction



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The bidding war lasted about six minutes before the end of the auction: the pink diamond "Pink Legacy" of 18.96 carats won about 39.1 million euros when it was sold. an auction in Geneva. With the auction fees and the like, a total amount of 44.3 million euros was due. That's what the Christie auction house said in a statement.

Because of its weight and intense color, almost completely uniform, the jewel was considered by connoisseurs as extremely extraordinary. Only one in every 100,000 diamonds has such quality, they said. "For me, this stone is the Leonardo da Vinci diamond," said Christie's head in Europe, François Curiel.

The auction house had given the estimated price of "Pink Legacy" with 27 to 44 million euros. The stone was discovered over a hundred years ago in South Africa and processed in the 1920s. He belonged for a long time to the Oppenheimer family. The jewel now belongs to the American luxury jeweler Harry Winston – and the company has renamed the diamond: in "The Winston Pink Legacy".

The strong demand for extremely rare parts has led to a sharp rise in prices in recent years. For example, in November 2017, the diamond "The Pink Promise", weighing just under 15 cm 3, had brought about 28.7 million euros at auction in Hong Kong.

On Wednesday, jewelry auctions will continue in Geneva: Sotheby's will then auction jewelry that belonged to French Queen Marie Antoinette – and which have not been exposed to the public for 200 years.

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