{"id":9853,"date":"2015-09-25T14:40:04","date_gmt":"2015-09-25T14:40:04","guid":{"rendered":"http:\/\/www.serendipitydiamonds.com\/blog\/?p=9853"},"modified":"2019-08-12T09:44:22","modified_gmt":"2019-08-12T09:44:22","slug":"16-08-carat-pink-rolls-royce-of-diamonds","status":"publish","type":"post","link":"https:\/\/www.serendipitydiamonds.com\/blog\/16-08-carat-pink-rolls-royce-of-diamonds\/","title":{"rendered":"The 16.08 Carat Pink Rolls-Royce of Diamonds"},"content":{"rendered":"<p><em>Photo credit Christies<\/em><\/p>\n<p>On November 10th, one of the rarest natural pink diamonds will be auctioned alongside some of the most<a href=\"http:\/\/www.christies.com\/features\/Record-breaking-pink-diamond-set-to-shine-6520-1.aspx?pid=en_homepage_row1_slot2_1\"> Magnificent Jewels<\/a>\u00a0at Christies, in Geneva.<\/p>\n<p>The estimated value of the diamond has been set at 23 &#8211; 28 million US Dollars. Previously purchased 10 years ago, the item is currently owned by a US client who has reportedly seen its value double in the time that he has owned it.<\/p>\n<h3>The Pink Rolls-Royce of Diamonds<\/h3>\n<p>The fabulous 16.08 carat pink diamond is the largest pink cushion shaped diamond to be auctioned and features a double row of pav\u00e9 set white diamonds contrasting with the pink diamond. A third additional row of\u00a0pink diamonds feature\u00a0around the ring above the\u00a0diamond set band, crafted in Platinum.<\/p>\n<p>The diamond has been described as the\u00a0&#8216;<a href=\"http:\/\/www.bbc.co.uk\/news\/business-34357020\">Rolls-Royce of diamonds<\/a>&#8216;\u00a0and is equivalent in size to a postage stamp.<\/p>\n<p>Natural pink diamonds regularly feature within the news, reaching <a href=\"https:\/\/www.serendipitydiamonds.com\/blog\/pink-star-pink-dream-diamond-sells-for-83-million-dollars\/\">record prices<\/a> at auction.\u00a0\u00a0Unlike most natural pink diamonds which possess a second colour modifier, this particular stone has no secondary colour \u2013 further adding to its beauty, rarity and value.<\/p>\n<p>The stone has an even distribution of colour, a balanced saturation and tone and straight pink hue \u2013 resulting in\u00a0the attribution of &#8216;Fancy Vivid&#8217;\u00a0as graded by the Gemological Institute of America.<\/p>\n<h3>The Origin of Pink Diamonds<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9860 size-full\" title=\"Natural pink diamond rough courtesy Rio Tinto\" src=\"https:\/\/www.serendipitydiamonds.com\/blog\/wp-content\/uploads\/2015\/09\/Weighing-in-at-12.76-carats-the-Argyle-Pink-Jubilee-diamond-made-history-as-the-biggest-pink-rough-diamond-ever-discovered-in-Australia.jpg\" alt=\"Natural pink diamond courtesy Rio Tinto\" width=\"800\" height=\"533\" srcset=\"https:\/\/www.serendipitydiamonds.com\/blog\/wp-content\/uploads\/2015\/09\/Weighing-in-at-12.76-carats-the-Argyle-Pink-Jubilee-diamond-made-history-as-the-biggest-pink-rough-diamond-ever-discovered-in-Australia.jpg 800w, https:\/\/www.serendipitydiamonds.com\/blog\/wp-content\/uploads\/2015\/09\/Weighing-in-at-12.76-carats-the-Argyle-Pink-Jubilee-diamond-made-history-as-the-biggest-pink-rough-diamond-ever-discovered-in-Australia-300x200.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em>Photo courtesy Rio Tinto<\/em><\/p>\n<p>Most pink diamonds originate from Australia&#8217;s\u00a0Argyle mine is the world&#8217;s primary source of rare pink diamonds. The pink diamonds are retained for cutting and polishing and then sold to an international customer base comprising traders, jewellery manufacturers, jewellery designers and luxury retailers.<\/p>\n<p>The best from each year&#8217;s production of pink diamonds are cut and polished in Western Australia and sold through the annual Argyle Pink Diamonds Tender. Of the hundreds of millions of diamonds produced by Argyle each year, only the best 60 or so are included in this prestigious sealed tender.<\/p>\n<p>Pink diamonds tend to be cut into shapes that concentrate the intensity of colour \u2013the cushion cut\u00a0remains a favourite with diamond cutters looking to enhance the attributes of the diamond.<\/p>\n<p>Rahul Kadakia, Christie\u2019s International Head of Jewellery made the following comment.<\/p>\n<p><em>&#8220;As large and rare colored diamonds of this caliber become increasingly hard to locate, this 16.08 carat Fancy Vivid pink diamond comes to market at a time when great gems are mirroring prices achieved for masterpieces in the world of fine art. Collectors are looking to jewels as savvy investments that are both beautiful and can appreciate considerably in value over a relatively short period of time.&#8221;<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo credit Christies On November 10th, one of the rarest natural pink diamonds will be auctioned alongside some of the most Magnificent Jewels\u00a0at Christies, in Geneva. The estimated value of the diamond has been set at 23 &#8211; 28 million US Dollars. Previously purchased 10 years ago, the item is currently owned by a US<a class=\"moretag\" href=\"https:\/\/www.serendipitydiamonds.com\/blog\/16-08-carat-pink-rolls-royce-of-diamonds\/\"> Read the full article&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":9857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,119],"tags":[244,191],"class_list":["post-9853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-engagement-rings","category-industry-news","tag-colored-diamonds","tag-pink-diamonds"],"_links":{"self":[{"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/posts\/9853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/comments?post=9853"}],"version-history":[{"count":14,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/posts\/9853\/revisions"}],"predecessor-version":[{"id":15403,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/posts\/9853\/revisions\/15403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/media\/9857"}],"wp:attachment":[{"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/media?parent=9853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/categories?post=9853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.serendipitydiamonds.com\/blog\/wp-json\/wp\/v2\/tags?post=9853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}