Home Global Ties Christie’s to Auction Eden Rose: Likely to Fetch Over USD 10 Million

Christie’s to Auction Eden Rose: Likely to Fetch Over USD 10 Million

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Christie's to Auction Eden Rose: Likely to Fetch Over USD 10 Million

(3 Minutes Read)

Eden Rose is not the name of a girl, but the name given to a South African diamond, which is going under the hammer shortly. The Christie’s of New York has put a price tag of USD 10 million, although the auction price can fetch more than that depending on the collectors’ craze of owning the rare pink beauty.

Eden Rose is not the name of a girl, but the name given to a South African diamond, which is going under the hammer shortly. The Christie’s of New York has put a price tag of USD 10 million, although the auction price can fetch more than that depending on the collectors’ craze of owning the rare pink beauty.

Rahul Kadakia, International Head of Jewelry for Christie’s Auction House explained about the uniqueness of the diamond, a round, brilliant, ten-carat, fancy, intense pink, and internally flawless diamond. It’s an old stone. The stone has a lot of pressure, which is even more special because it shows how well the cutter had to fashion the stone without damaging it in any way due to the stone’s pressure. There is a thriving market for high-end colored gems.

Last month, auction house Philips sold an exceptional fancy vivid pink diamond ring for just under 10.9 million Swiss Francs (USD 12.25 million). In 2022, Sotheby’s sold the Williamson Pink Star, a magnificent fancy vivid pink diamond and diamond ring, for more than 453 million Hong Kong Dollars ( USD 58 million).

Read Also:

https://trendsnafrica.com/sotheby-diamond-auction-in-geneva-rare-diamonds-up-for-sale/

https://trendsnafrica.com/2-3m-carats-rough-diamonds-produced-in-namibia-last-year-a-9-spike-in-comparison/

Eden Rose is on display to the public during Christie’s Luxury Week at Christie’s Rockefeller Center in New York City from 7 to 10 June.