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Rare Bulgari pink diamond held by family since 1950s sells for over $14.6m

By · Via Times of India · Published by Everything Blog

In short

The headline lot achieved over $14.6 million, or 12.1 million Swiss francs, landing firmly within its expected valuation range of 10 to 15 million Swiss francs. Cut specifically to highlight symmetry, clarity, and color saturation, the stone had remained with a single family since its acquisition in the 1950s. Furthermore, experts believe the gem traces back to southern India's historic Golconda mines, an origin famously shared by the Hope Diamond and Koh-i-Noor.

Key points

  • The diamond's market appeal was elevated by its suspected origin in India's legendary Gol…: The diamond's market appeal was elevated by its suspected origin in India's legendary Golconda mining region.
  • Christie's jewellery specialist Max Fawcett characterized the exquisite gem as the "Mona…: Christie's jewellery specialist Max Fawcett characterized the exquisite gem as the "Mona Lisa of pink diamonds."
  • Italian jewellery house Bulgari set the stone to specifically accentuate its exceptional…: Italian jewellery house Bulgari set the stone to specifically accentuate its exceptional clarity, symmetry, and color depth.

Sources checked by our analysis pipeline: 1

A rare 24-carat pink diamond, known as the Bulgari Pink, has sold for more than $14.6 million at a Christie’s jewellery auction in Geneva. The emerald-cut stone, which had remained in the same family since it was purchased in the 1950s, fetched 12.1 million Swiss francs at auction, placing it squarely within the pre-sale estimate of 10 to 15 million Swiss francs. The sale has drawn attention not only because of the price, but because of the diamond’s remarkable provenance. Believed to have originated from the legendary Golconda mines in India, the Bulgari Pink carries a history that stretches back decades and connects one of the world’s most celebrated jewellery houses with one of the most storied sources of diamonds in history, as per the Associated Press (AP). Read more details about it here:

A diamond with a long family history

The Bulgari Pink was purchased by a family in the 1950s and has remained with them ever since. That kind of unbroken ownership is increasingly rare in the high-end jewellery market, where many significant stones change hands multiple times…

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