A woman poses with a 10.57 carat pink diamond at Sotheby's, Monday, March. 27, 2023, in New York. The diamond, named The Eternal Pink, will be featured in Sotheby's Magnificent Jewels auction on June 8 and is expected to achieve in excess of $35 million. © AP Photo/Yuki Iwamura
(New York, NY) – An extremely rare pink diamond is on the auction block in New York City. Called “The Eternal Pink,” it’s part of Sotheby’s Magnificent Jewels Sale. The auction house calls it the most significant pink diamond to ever appear at auction.
Found in Botswana in 2019, it took six months to cut the stone down from nearly 24 carats to ten and a half carats. It’s got a cushion-shaped cut. This is the start of a world tour for the diamond, which will make stops in Dubai, Geneva, and Singapore.
It’s color is described as “vivid pink” in gem parlance, and is estimated to sell for $35 million or more when the auction is finalized on June 8th.