Bulgari Pink diamond sells for over $14.6 million in Geneva
The 24-carat emerald-cut stone remained with the same family since the 1950s.
A 24-carat pink diamond named the Bulgari Pink fetched 12.1 million Swiss francs at a Christie’s jewellery auction in Geneva, according to the Times of India. The sale price of more than $14.6 million fell within the pre-sale estimate of 10 to 15 million Swiss francs.
The emerald-cut stone had been held by a single family since it was purchased in the 1950s. The diamond is believed to have originated from the Golconda mines in southern India.
Max Fawcett, the global head of jewellery at Christie’s, referred to the Bulgari Pink as the Mona Lisa of pink diamonds before the auction.
The auction also featured a private collection of almost 300 twentieth-century jewels, including items from Graff, Cartier, and Bulgari.
The Bulgari Pink is classified as a fancy intense pink diamond. The stone's sale occurred during a seasonal jewellery event that included various styles and luxury houses.