Skip to footer

Orange diamond sells for $35 million. Next up: a $60 million pink diamond

Orange diamond: The rare pear-shaped orange diamond auctioned Tuesday weighed 14.82 carats and sold for an eye-popping $2.4 million per carat. The pink diamond on the auction block is expected to go for $60 million.

|
Martial Trezzini/Keystone/AP/File
A Christie's employee displays the largest fancy vivid orange diamond in the world, during a Nov. 1 press preview in Geneva, Switzerland.
  • By Associated Press

| GENEVA

The largest fancy vivid orange diamond ever sold at auction went for $35.5 million in Geneva, where a pink diamond estimated to be worth more than $60 million is also on the block.

The rare pear-shaped orange diamond sold Tuesday is 14.82-carats, meaning it went for an eye-popping $2.4 million per carat. That's a world record price per carat for any colored diamond sold at auction, Christie's said.

François Curiel, international head of Christie's jewelry department, said the orange diamond's record price puts it "amongst the greatest pinks and blues, which are traditionally the most appreciated colored diamonds."

Sotheby's auctions are headlined by Wednesday's offering of "The Pink Star," a vivid and flawless 59.60-carat pink diamond.

Geneva is a favorite auction site for buyers seeking gems and other luxury items.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.
editor@csmonitor.com
Subscribe
Mark Sappenfield
Editor

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

Subscribe to insightful journalism

QR Code to Orange diamond sells for $35 million. Next up: a $60 million pink diamond
Read this article in
https://www.csmonitor.com/Business/Latest-News-Wires/2013/1112/Orange-diamond-sells-for-35-million.-Next-up-a-60-million-pink-diamond
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe