AuctionsNov 10, 2022
Diamond From De Beers ‘Exceptional Blue’ Collection Doesn’t Sell AuctionsDec 01, 2022
13-Carat Pink Diamond Withdrawn From Christie’s Auction
The auction house is not offering any details on why the fancy vivid pink stone was pulled from its upcoming “Magnificent Jewels” sale.
This ring set with a 13.15-carat VVS1/potentially IF fancy vivid pink diamond was supposed to be the highlight of Christie’s upcoming jewelry auction in New York but has been pulled from the sale for unspecified reasons. (Photo credit: Christie’s Images Ltd. 2022)
New York—A 13.15-carat fancy vivid pink diamond expected to sell for more than $30 million will no longer be a part of Christie’s upcoming New York jewelry sale.
Rapaport broke the news that the diamond had been pulled from the auction on Thanksgiving Day.
Christie’s confirmed its withdrawal to National Jeweler on Wednesday, stating: “The ‘Fancy Vivid Pink Diamond Ring’ has been withdrawn from sale in New York on Dec. 6. We have no further comment.”
The auction house originally announced the auction of the unnamed stone in mid-November, billing it as the highlight of its upcoming “Magnificent Jewels” sale.
At the time, Rahul Kadakia, international head of jewelry at Christie’s, said a private collector approached them about putting the diamond up for sale in December after the auction house sold “The Fortune Pink” for $28.8 million in Geneva.
The estimate on the VVS1/potentially IF stone, which Kadakia described as “magnificently rare,” was $25 million to $35 million.
Related stories will be right here …
Rapaport broke the news that the diamond had been pulled from the auction on Thanksgiving Day.
Christie’s confirmed its withdrawal to National Jeweler on Wednesday, stating: “The ‘Fancy Vivid Pink Diamond Ring’ has been withdrawn from sale in New York on Dec. 6. We have no further comment.”
The auction house originally announced the auction of the unnamed stone in mid-November, billing it as the highlight of its upcoming “Magnificent Jewels” sale.
At the time, Rahul Kadakia, international head of jewelry at Christie’s, said a private collector approached them about putting the diamond up for sale in December after the auction house sold “The Fortune Pink” for $28.8 million in Geneva.
The estimate on the VVS1/potentially IF stone, which Kadakia described as “magnificently rare,” was $25 million to $35 million.
News that the 13-carat fancy vivid pink was being pulled from Christie’s upcoming jewelry sale follows an eventful fall for natural colored diamonds at auction.
In October at Sotheby’s Hong Kong, the 11.15-carat fancy vivid “Williamson Pink Star” sold for $57.7 million, or roughly $5.2 million per carat, blowing past pre-sale estimates and setting a new price-per-carat world record for any diamond or gemstone sold at auction.
At first, Sotheby’s announced the buyer had changed the diamond’s name to the “Rosenberg Williamson Pink Star” but later decided just to keep it as the Williamson Pink Star.
The Fortune Pink went up on the block a month later at Christie’s Geneva with a pre-sale estimate of as much as $35 million but ultimately came in at the low end of its estimated range.
That same week, a 5.53-carat fancy vivid blue diamond that is part of a group of eight blue diamonds from De Beers Group failed to find a buyer at Sotheby’s Geneva.
The top lot in Christie’s Dec. 6 “Magnificent Jewels” sale is now expected to be a pendant featuring a nearly 32-carat fancy blue diamond (estimate $10 million to $15 million), while Sotheby’s is gearing up for what could be a massive jewelry auction next week.
The auction house’s Dec. 7 sale includes a 6.25-carat emerald ring recovered from a 400-year-old shipwreck; two more diamonds from the “De Beers Exceptional Blue Collection;” the 303.10-carat “Golden Canary” diamond; and a selection of Egyptian Revival jewelry.
More on Auctions
The Latest
Events & AwardsApr 18, 2025
Daymond John to Give Keynote at JCK Las VegasThe entrepreneur and “Shark Tank” star will share his top tips for success.
CollectionsApr 18, 2025
Piece of the Week: Dukachi’s ‘Easter Bread’ PendantThe Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.
IndependentsApr 18, 2025
Bremer Jewelry to Reveal Renovated StoreThe jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.
MajorsApr 18, 2025
Tiffany & Co. Employees Star in Mother’s Day CampaignThe “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.
Weekly QuizApr 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired CollectionInterior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs ImpactDuring a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning CenterThe free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.
Policies & IssuesApr 17, 2025
Jewelers of America Requests Tariffs Testimonials from MembersThe feedback will be used to prepare other jewelers for the challenges ahead, the organization said.
TechnologyApr 17, 2025
Technology Therapy Group Expands AI Training for Jewelry RetailersThe online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.
IndependentsApr 16, 2025
Catbird Expands to ChicagoThe opening marks the jewelry retailer’s first location in the Midwest.
CollectionsApr 16, 2025
Foundrae’s First Commitment Jewelry Collection Unites Through LoveThe “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.
IndependentsApr 16, 2025
Indiana Jeweler to Host Black Jewelry Designer Pop-UpRobert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.
MajorsApr 16, 2025
WJA Announces Board Members, New Chicago Chapter PresidentThe announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.
EditorsApr 15, 2025
Tariffs: What We Know Right Now Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.
EditorsApr 15, 2025
Q&A: Bogolo Joy Kenewendo on Making Deals, Marketing DiamondsKenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.
FinancialsApr 15, 2025
LVMH’s Q1 Sales Slip 2 PercentLVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.
CrimeApr 15, 2025
Jon Hamm Plays a Jewel Thief on Apple TV+The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”
SourcingApr 15, 2025
Diamond Club West Coast Names 2025 BoardThe organization has reelected Kalpesh Jhaveri as president.
FinancialsApr 14, 2025
Movado to Restate Years of Financials Due to ‘Misconduct’ in Dubai An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.
CollectionsApr 14, 2025
Sauer Embraces Emptiness Through ‘Ma’ CollectionThe collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.
IndependentsApr 14, 2025
Illinois Jeweler Closing After 45 YearsMari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.
GradingApr 14, 2025
GIA Expands Overseas Services as Tariffs Kick InGIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.
Recorded WebinarsApr 11, 2025
Watch: Top Tips for Saving Time With AITwo experts share how artificial intelligence tools can help retailers run a more efficient business.
SourcingApr 11, 2025
Mikimoto Names New President, CEO for U.S. DivisionKentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.
WatchesApr 11, 2025
Bulova Documentary Now on Amazon Prime“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.
