Colored Diamonds Selling for More Than the Average Rock

December 9, 2013
Christie's Orange Diamond Sale

Christie’s Orange Diamond Sale – diamonds.net

We all know a diamond is a girl’s best friend, but two specific diamonds may be pushing that a bit further than necessary. The “Pink Star” and an Orange Diamond recently sold for more than just $1 million or $10 million. These two diamonds are very rare. Here’s how much these diamonds went for.

Orange Diamond Sold at Christie’s

A very rare orange diamond, which is the largest of its type, was auctioned off recently for $35.54 million at an auction in Geneva. This was a world record for an orange diamond and the per carat price came out to over $2.4 million.

The previous record was $2.15 million, which was a Vivid Pink Diamond that sold in 2009 in Hong Kong. The buyer’s identity was protected by Christie’s, but he was given a round of applause when he left the room.

The gemstone was found in South Africa and weighs nearly 15 carats. A top rating for coloured diamonds was given to this gem by the Gemological Institute of America (GIA).

These diamonds are very rare and many call them fire diamonds because of the orange color. No other fire diamond has been auctioned off with more than six carats.

Pink Start Auctioned in Geneva Sets World Record

Another HUGE diamond sold for $83 million in Geneva called the Pink Star. This is a plum-sized diamond, which shattered the world record set by a diamond sold three years ago for $46.2 million.

The Pink Star was sold one day after the Orange Diamond by a rival auction house called Sotheby’s. It weighs 59.60 carats and is the largest every sold in its class. The second biggest is about half the size.

These are two record-setting gems sold recently and provide some of the rarest diamonds to ever see the marketplace.

Related: What are The Most Expensive Things In the World

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