The buyer is an Asian private collector.

The "Fortune Pink", a very rare giant pink diamond, was sold on Tuesday in Geneva (Switzerland) for more than 28.6 million euros.

The gem is the largest pink pear diamond of this quality sold at auction, according to Christie's.

It was mounted on a ring, flanked on either side by a large white diamond.

It weighs exactly 18.18 carats, a number considered lucky in Asia where it means "certain prosperity".

The bright pink diamond was sold for 24.5 million Swiss francs (24.7 million euros), or 28.4 million Swiss francs (more than 28.6 million euros) with costs .

The sale, which lasted only four minutes, started at 17 million Swiss francs (17.1 million euros) and pitted three bidders over the phone.

A type of diamond among the most requested

“It's a very exclusive group of customers who buy at this level.

I am very happy that it is going to a new family who will benefit from it, who will wear it, and I hope it will bring them luck,” Rahul Kadakia, international director for jewelry at Christie's, told reporters.

Previously, the diamond had been exhibited in Geneva, then in New York (United States), Shanghai (China), Taiwan and Singapore in October before returning to Switzerland.

It had been estimated between 25 and 35 million euros.



Pink diamonds are very rare and less than 10% of them weigh more than a fifth of a carat.

They are therefore the most demanded on the world market.

Friday, the "Williamson Pink Star", a pink diamond of 11.15 carats, was sold for 453.2 million Hong Kong dollars (57.3 million euros), setting an absolute auction record price per carat for a diamond or a precious stone.

It is also the second highest price ever paid at auction for a gem.

The world record for a pink diamond was set in 2017, when a stone called the "CTF Pink Star" was sold in Hong Kong for $71.2 million.

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