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.
AuctionsOct 13, 2020
This 14-Carat Pink Diamond Mined in Russia Is Up for Sale
Named “The Spirit of the Rose,” the fancy vivid purple-pink diamond is expected to go for as much as $38 million at auction.
Sotheby’s is putting this 14.83-carat fancy vivid purple-pink diamond up for sale at its upcoming Magnificent Jewels auction, scheduled for Nov. 11 in Geneva.
Geneva—A nearly 15-carat fancy vivid purple-pink diamond mined in Russia a few years ago is going up for sale at Sotheby’s.
The auction house announced Monday it will offer “The Spirit of the Rose” at its Magnificent Jewels auction in Geneva next month and predicts the stone will sell for between $23 million and $38 million.
Its planned sale follows Sotheby’s auction of a 102.39-carat D flawless diamond, which sold for $15.7 million last week, underperforming when compared to similar stones sold at auction in recent years.
The 14.83-carat diamond’s highest auction estimate, $38 million, is well below the $60 million one colored diamond expert predicted it would sell for back in August 2019.
Commenting on the stone’s sale, Benoit Repellin, who is heading the Magnificent Jewels auction for Sotheby’s, said: “Pink diamonds … have captured the imagination of collectors for centuries, making up five out of the 10 most valuable diamonds ever sold at auction.
“These exceptional sales, all realized in the last decade, are a testament to the growing appreciation and awareness of the great scarcity of these natural treasures around the world. With the supply of these beautiful stones becoming ever more limited, they are likely to continue to become even more prized.”
The mine that produces the bulk of the world’s pink diamonds, Rio Tinto’s Argyle mine in Western Australia, is set to close by year’s end.
The Spirit of the Rose is an oval modified brilliant-cut diamond that is internally flawless. Sotheby’s said the stone, which was graded by the Gemological Institute of America, is the largest vivid purple-pink diamond ever to appear at auction.
Its name is a nod to “La Spectre de la Rose,” an acclaimed ballet performed by the Ballets Russes company in Monaco in 1911.
Alrosa cut the diamond from the largest chunk of pink rough ever mined in Russia, a 27.85-carat diamond unearthed in July 2017. It consigned the diamond to Sotheby’s for auction.
The Spirit of the Rose will be on exhibit prior to the auction next month, though the diamond is not coming to the United States.
Sotheby’s will show it in Hong Kong on Oct. 13 and 14, Singapore on Oct. 20 and 21 and Taipei on
Oct. 27 and 28, before it returns to Geneva.
The diamond will be on display there from Nov. 7-10, ahead of the auction, which is set for Nov. 11.
The Spirit of the Rose was one in a trio of exceptional natural color diamonds mined and cut by Alrosa. It dubbed the collection “The Spectacle.”
Another stone in The Spectacle, a 20.69-carat yellow diamond, was sold to Graff.
No details have yet been released on the third stone.
The diamond will be on display there from Nov. 7-10, ahead of the auction, which is set for Nov. 11.
The Spirit of the Rose was one in a trio of exceptional natural color diamonds mined and cut by Alrosa. It dubbed the collection “The Spectacle.”
Another stone in The Spectacle, a 20.69-carat yellow diamond, was sold to Graff.
No details have yet been released on the third stone.
More on Auctions
The Latest
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.
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.
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.
Weekly QuizOct 22, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
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.
Brought to you by
Open an Account, Get $50 Off Your First Order. No Code Needed.Built on Relationships. Refined by Craft.
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.
CollectionsOct 22, 2026
Billie Eilish, Finneas Co-Design Collection for John HardyThe Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.
PodcastsOct 21, 2026
Episode 10: This Episode Is Haunted Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.
IndependentsOct 21, 2026
Gardner-Collier Jewelry to Close After 9 Decades in BusinessThe family-owned jeweler has three locations across Missouri and Iowa.
SourcingOct 21, 2026
Venetia Mines Final Carats Ahead of 2-Year ShutdownThe De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.
CollectionsOct 21, 2026
Helzberg, Nordstrom Carrying New Jewelry Collection From Off-WhiteThe collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.
SourcingOct 21, 2026
Gemfields’ Mixed-Quality Ruby Auction Earns $52MThe miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.
CrimeOct 20, 2026
Security Guard Charged With Murder in Shooting at Texas MallThe guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.
IndependentsOct 20, 2026
David Gardner’s Jewelers Unveils Newly Expanded, Revamped ShowroomThe Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.
SourcingOct 20, 2026
The $50M Victoria’s Secret ‘Fantasy Bra’ By The NumbersJacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.
CollectionsOct 20, 2026
Mignon Faget’s Collection Chooses Handmade Over AIThe “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.
