AuctionsNov 04, 2022
5-Carat Emerald Ring From 400-Year-Old Shipwreck Surfaces for Auction AuctionsNov 09, 2022
‘Fortune Pink’ Falls Short of Lofty Expectations at Auction
Estimated to sell for $25 million-$35 million, the 18.18-carat fancy vivid pink diamond went for $28.8 million.
The 18.18-carat fancy vivid “Fortune Pink” diamond went up for auction at Christie’s Geneva Tuesday, selling for $28.8 million against an estimate of $25 million to $35 million. It was sold mounted in a platinum and 18-karat rose gold ring flanked by triangular-shaped diamonds.
Geneva—The “Fortune Pink,” the largest pear-shaped fancy vivid pink diamond ever brought to auction, did not bring as much fortune as expected Tuesday at Christie’s Geneva.
The estimated sale price for the 18.18-carat diamond, a modified pear cut, was $25 million to $35 million, and its auction appearance came just one month after the record-breaking sale of another fancy vivid pink diamond, the “Williamson Pink Star” at Sotheby’s Hong Kong.
That diamond, a 11.15-carat fancy vivid pink diamond, had a pre-sale estimate of $21 million, well below its ultimate $57.7 million sale price.
While CBS News described a “tense bidding war” for the “Fortune Pink” among three telephone bidders at auction, the final sale price for the VVS2 stone was $28.8 million, at the low end of its estimated range.
A private buyer from Asia purchased the diamond.
The estimated sale price for the 18.18-carat diamond, a modified pear cut, was $25 million to $35 million, and its auction appearance came just one month after the record-breaking sale of another fancy vivid pink diamond, the “Williamson Pink Star” at Sotheby’s Hong Kong.
That diamond, a 11.15-carat fancy vivid pink diamond, had a pre-sale estimate of $21 million, well below its ultimate $57.7 million sale price.
While CBS News described a “tense bidding war” for the “Fortune Pink” among three telephone bidders at auction, the final sale price for the VVS2 stone was $28.8 million, at the low end of its estimated range.
A private buyer from Asia purchased the diamond.
This 41.36-carat square emerald-cut D-color, potentially internally flawless diamond ring set in platinum and signed by Graff sold for $3.8 million at Christie’s “Magnificent Jewels” sale.
A diamond riviere necklace from the collection of Lord and Lady Weinstock sold for nearly $900,000. It features a 10.33-carat pear brilliant-cut diamond, old-cut diamonds weighing 7.02 and 4.80 carats, and 4.18 carats of circular brilliant-cut diamonds.
This circa 1930s signed Bulgari necklace from a royal family sold for $511,779. It features three strands of graduated natural and cultured pearls, old- and baguette-cut diamonds, and a rectangular-shaped green doublet.
The Fortune Pink was sold as part of Christie’s “Magnificent Jewels” auction.
Other highlights from the sale included a 41.36-carat diamond ring from Graff ($3.8 million), and a diamond riviere necklace from the collection of Lord and Lady Weinstock ($882,816)
Four jewels from what Christie’s described as a “European Princely Family” sold for a total $1.4 million.
The highlight was a Bulgari Art Deco natural and cultured pearl necklace. A wedding gift from Prince Gaetano of Bourbon-Parma to his wife, Princess Margarete of Thurn and Taxis, it sold for $511,779.
In total, Magnificent Jewels earned $57.3 million, with the sale of the Fortune Pink accounting for half of that. The auction sold 96 percent by value and 87 percent by lot.
Related stories will be right here …
Other highlights from the sale included a 41.36-carat diamond ring from Graff ($3.8 million), and a diamond riviere necklace from the collection of Lord and Lady Weinstock ($882,816)
Four jewels from what Christie’s described as a “European Princely Family” sold for a total $1.4 million.
The highlight was a Bulgari Art Deco natural and cultured pearl necklace. A wedding gift from Prince Gaetano of Bourbon-Parma to his wife, Princess Margarete of Thurn and Taxis, it sold for $511,779.
In total, Magnificent Jewels earned $57.3 million, with the sale of the Fortune Pink accounting for half of that. The auction sold 96 percent by value and 87 percent by lot.
The Magnificent Jewels sale was part of Christie’s “Luxury Week,” which also included two watch auctions and a sale of rare wines in Geneva, as well as an upcoming auction of art from the estate of Microsoft co-founder Paul G. Allen in New York.
“Legendary and Unique Watches” took place Nov. 6, totaling $31.7 million and selling 100 percent by lot.
The top lot was a sapphire and titanium Richard Mille RM56-01, which sold for $3.6 million.
“Rare Watches” was Nov. 7 and totaled $23.9 million, selling 99 percent by lot.
The top lot was a circa 1969 Rolex “Lemon Paul Newman Daytona,” ref. 6263, which sold for $3.5 million.
Editors' Picks
Sponsored by
More on Auctions
The Latest
Events & AwardsOct 30, 2026
Illuminating Carved Paraiba Pendant, Suite of Moonstones Wow at Spectrum AwardsSpectrum’s “Best of Show” honors went to a 101-carat Paraiba carved to look like Medusa that has a magnet-activated LED light.
TrendsOct 30, 2026
Edina Kiss’ Pendants Say ‘Eye’m Watching You’Our Halloween Pieces of the Week are four “Eye” pendants, each set with colorful gemstones.
MajorsOct 30, 2026
The RealReal Hires Former eBay Exec as New Chief Merchandising OfficerAlexis Hoopes expanded eBay’s “Authenticity Guarantee” program during her tenure.
Brought to you by
A Diamond Is Forever Launches 2026 Holiday Campaign Championing Natural DiamondsA Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.
WatchesOct 29, 2026
Bucherer Opens Rolex Boutique in Washington StateThe Rolex-owned retailer’s new 4,700-square-foot store’s façade honors the Pacific Northwest’s evergreen forests.
Weekly QuizOct 29, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TrendsOct 29, 2026
Amanda's Style File: All Treats, No Tricks Get into the Halloween spirit with this roundup of 13 spooky jewels.
MajorsOct 29, 2026
Gesswein Hires Longtime Bench Jeweler, Educator Ann CahoonCahoon was appointed strategic account and educational program manager at Gesswein, which recently joined Continental Buying Group.
Brought to you by
Open an Account, Get $50 Off Your First Order. No Code Needed.Built on Relationships. Refined by Craft.
MajorsOct 29, 2026
Amanda Seyfried Stars In Tiffany & Co.’s Holiday CampaignTiffany & Co.’s latest ambassador makes her debut in its “Love Is a Gift” holiday campaign.
EditorsOct 28, 2026
These Wicked Jewels Will Cast a Spell on YouFor her annual Halloween story, Senior Editor Lenore Fedow highlights bewitching jewels fit for a witch that go from day to unholy night.
CrimeOct 28, 2026
Man In Florida Who Swallowed Tiffany & Co. Earrings ConvictedJaythan Gilder was found guilty of robbery and grand theft after stealing and then ingesting nearly $800,000 worth of Tiffany & Co. jewelry.
SurveysOct 28, 2026
Consumer Confidence Up in October as Gas Prices EaseConsumer confidence remains on the long-term downward trend that’s persisted over the past few years, said a Conference Board economist.
MajorsOct 28, 2026
Stuller’s Holiday Campaign Lets the ‘Magic of the Moment’ ShineThe holiday campaign includes key jewelry trends, a curated holiday gift guide, and resources to help jewelers prepare for holiday shoppers.
SourcingOct 27, 2026
De Beers Celebrates the Holidays With New ‘Desert Diamonds’ CampaignThe “Icons” holiday campaign spotlights four classic diamond jewelry styles reimagined in “Desert Diamond” tones.
IndependentsOct 27, 2026
Solomon Brothers Acquires Mervis Diamond ImportersSolomon Brothers, which has three stores in the Metro Atlanta area, said it may continue to acquire other independent jewelers.
IndependentsOct 27, 2026
Gabriel & Co. Supports Charity Partner DKMS With Gala, New JewelsThe fine jewelry brand raised $2.3 million at its annual gala that supports the nonprofit’s fight against blood cancer and blood disorders.
Events & AwardsOct 27, 2026
JFC Announces 2027 ‘Facets’ HonoreesThe annual fundraising event is slated for June 6, 2027, at The Venetian Resort in Las Vegas.
CollectionsOct 26, 2026
Bliss Lau’s ‘Vantage’ Point Is the Hawaiian HorizonIn her “Vantage” collection, Lau explores heritage, identity, and inner strength through designs featuring blue-green Guatemalan jade.
MajorsOct 26, 2026
Tiffany & Co. Takes Consumers Behind the ScenesThe jeweler gave the public backstage tours of its flagship store and its design and innovation workshop as part of LVMH’s open house.
Events & AwardsOct 26, 2026
Support JFC’s ‘Monster Mash Challenge,’ If You DareVote for which jewelry professional should dress up as a monster to support Jewelers for Children’s annual Halloween fundraiser.
MajorsOct 23, 2026
PGI USA Set to Close at Year’s EndThe closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
SourcingOct 23, 2026
Rachel Chalchinsky’s ‘Survivor Tribute’ RingThe ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.
TechnologyOct 23, 2026
JA Unveils New Website, LogoThe website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.
FinancialsOct 23, 2026
Kering’s Jewelry Sales Up Double Digits in Q3Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.
CrimeOct 22, 2026
Jeweler Shot and Killed in His Suburban Cincinnati Store Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.
MajorsOct 22, 2026
Neiman Marcus Has Gifts for the Jewelry Lover Who Has EverythingBespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.
Events & AwardsOct 22, 2026
JIS Fall 2026 Reports Record-Breaking Attendance The number of participants at the fall show was up 12 percent.
