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.
More on Auctions
The Latest
CrimeNov 17, 2025
Police Searching for 2 Suspects in Murder of Father, Son Jewelers Faustino Alamo Dominguez and his son, 25-year-old Luis Angel Alamo, were gunned down following an armed robbery at their jewelry store.
GradingNov 17, 2025
IGI Announces New President of North AmericaTiffany & Co. veteran Jeffrey Bennett has stepped into the role.
MajorsNov 17, 2025
Look Inside Robbins Brothers Fine Jewelers’ New Pasadena FlagshipThe showroom is located in a historic 1920s building in the Playhouse District.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
Policies & IssuesNov 14, 2025
U.S., Switzerland Reach Deal That Drops Tariff to 15%The Swiss government announced the deal, which cuts the tax on Swiss imports by more than half, on social media Friday morning.
Weekly QuizNov 13, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
FinancialsNov 14, 2025
Richemont’s Q2 Jewelry Sales Up 12%Plus, how tariffs and the rising price of gold are affecting its watch and jewelry brands.
CollectionsNov 14, 2025
Piece of the Week: Silvia Furmanovich’s ‘Butterflies in Flight’ Jewelry BoxFurmanovich designed the box to hold Mellerio’s “Color Queen,” a high jewelry collection consisting of 10 rings.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
Events & AwardsNov 14, 2025
JCK Names New Event DirectorJennifer Hopf, who has been with JCK since 2022, will lead the execution of the long-running jewelry trade show.
IndependentsNov 13, 2025
127-Year-Old New Orleans Jeweler to CloseAdler’s Jewelry is set to close its two stores as 82-year-old owner Coleman E. Adler II retires.
IndependentsNov 13, 2025
Green Lake Jewelry Works to Move to New Seattle StudioFounder Jim Tuttle shared how a dedication to craftsmanship and meaningful custom jewelry fueled the retailer’s double-digit growth.
MajorsNov 13, 2025
Vahan Jewelry Founder Leon ‘Sacha’ Der Calousdian Dies at 85The third-generation jeweler is remembered as a passionate creative with a love of art, traveling and sailboat racing.
CrimeNov 12, 2025
Father, Son Jewelers in Chicago Victims in Double Homicide JSA and Cook County Crime Stoppers are both offering rewards for information leading to the arrest of the suspect or suspects involved.
AuctionsNov 12, 2025
Historic Rolex Oyster Fetches $1.7M at Sotheby’sMercedes Gleitze famously wore the watch in her 1927 swim across the English Channel, a pivotal credibility moment for the watchmaker.
GradingNov 12, 2025
It’s Time: GIA’s Express Holiday Service Is Back GIA is offering next-day services for natural, colorless diamonds submitted to its labs in New York and Carlsbad.
MajorsNov 10, 2025
Jewelers Focus on Love, Joy In 2025 Holiday Campaigns Tiffany & Co., David Yurman, and Pandora have launched holiday campaigns depicting their jewelry as symbols of affection and happiness.
SurveysNov 10, 2025
5 Things Retailers Should Know About Holiday Shoppers This YearThe National Retail Federation is bullish on the holidays, forecasting retail sales to exceed $1 trillion this year.
AuctionsNov 10, 2025
300+ Colored Diamonds Up for Auction at Christie’sLate collector Eddy Elzas assembled “The Rainbow Collection,” which is offered as a single lot and estimated to fetch up to $3 million.
EditorsNov 07, 2025
Piece of the Week: An MVP’s Sapphire Tennis Necklace At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.
IndependentsNov 07, 2025
Foundrae’s New Palm Beach Location Is a ‘Golden Solarium’The brand’s seventh location combines Foundrae’s symbolic vocabulary with motifs from Florida’s natural surroundings.
FinancialsNov 07, 2025
Watches of Switzerland’s H1 Sales Up 8%The retailer also shared an update on the impact of tariffs on watch customers.
SourcingNov 06, 2025
Pink Tourmaline Bracelet, Emerald Suite Take Top Spectrum Honors Pink and purple stones were popular in the AGTA’s design competition this year, as were cameos and ocean themes.
IndependentsNov 06, 2025
Greenwich St. Jewelers Hosts Raffle Supporting Food RescueAll proceeds from the G. St x Jewel Boxing raffle will go to City Harvest, which works to end hunger in New York City.
IndependentsNov 06, 2025
Cornell’s Jewelers Names New PresidentCourtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.
SourcingNov 06, 2025
De Beers’ Production, Sales Increase in Q3 De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.
WatchesNov 05, 2025
Shinola President Steps Down Just as He Starts Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.
AuctionsNov 05, 2025
Taylor Swift’s Engagement Ring Designer Makes Her Auction DebutKindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.
