Auctions

The 15-Carat ‘Sakura’ Purple-Pink Diamond Sells for $29M

AuctionsMay 26, 2021

The 15-Carat ‘Sakura’ Purple-Pink Diamond Sells for $29M

Christie’s said it was a record for a purple-pink diamond at auction.

The 15.81-carat “Sakura” diamond sold for $29.3 million at Christie’s on May 23, which the auction house said was a record price at auction for a purple-pink diamond.
Hong Kong—The final price of many top lots in Christie’s Magnificent Jewels auction in Hong Kong fell within pre-sale estimate ranges, including one purple-pink diamond that got a lot of attention ahead of the sale. 
 
The 15.81-carat “Sakura” diamond, called the largest purple-pink flawless diamond ever sold at auction, sold for $29.3 million at the May 23 jewelry auction, or about $1.9 million per carat.
 
Christie’s said its final hammer price was a world record at auction for a purple-pink diamond. 
 
The stone, named for the Japanese word for cherry blossom, was expected to fetch between $25 million and $38 million. 


The second highest selling lot in the jewelry auction was a 4.19-carat fancy vivid pink heart modified brilliant-cut diamond set in a platinum ring with pear-shaped brilliant-cut accent diamonds, which went for about $6.5 million at current exchange rates. 
 
This was followed by a 50.05-carat diamond briolette necklace that sold for $2.7 million, a 31.17-carat fancy vivid yellow square emerald-cut diamond ring that garnered $2.2 million, and a Cartier emerald and diamond necklace that went for $2.1 million. 

 Related stories will be right here … 
There was also a pair of Muzo emerald and Argyle pink diamond earrings that sold for about $2 million (compared with a $1.5 million pre-sale high), a 6.04-carat Burmese ruby and diamond ring that garnered $1.8 million, and a heart-shaped modified brilliant-cut diamond weighing 20.88 carats set in a ring that went for $1.5 million. 
 
The top 10 highest earning lots were rounded out by a 20.02-carat fancy brownish orangey-pink oval modified brilliant-cut diamond ($1.5 million) and a 12.55-carat round brilliant-cut diamond ring ($1.4 million). 
 
Magnificent Jewels totaled $76.8 million, which Christie’s said is the highest total for the category at the auction house in four years. 
 
To see the full results, visit Christies.com. 
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

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