The giant pink diamond Fortune Pink was auctioned in Geneva on Tuesday for 28.6 million euros. The new owner is an Asian collector.
The 18.18 carat diamond is mounted on a ring, between two large white diamonds. The so-called Fortune Pink is the largest pear-shaped pink diamond of this quality to ever go under the hammer, auction house Christie’s announced in advance.
The diamond was sold for 24.5 million Swiss francs (24.7 million euros), or at a cost of 28.6 million euros.
The auction, which started at 17 million Swiss francs, was closed in four minutes. Three bidders competed against each other by telephone. The diamond was expected to yield between 25 and 35 million dollars.