This 20-Carat Pink Diamond Could Sell At Auction For More Than $16 Million

by Gerald D. Moreno JEWELRY

Phillips’ inaugural Geneva jewelry auction includes a range of important diamonds, colored gemstones and vintage and contemporary signed jewels. Named “Geneva Jewels Auction: One,” the 110-lot sale will be held November 6 at the Hôtel La Réserve.

The top lot of the sale is a 20.19-carat fancy-intense-pink diamond with an estimate of CHF 10 million to CHF 15 million ($11 million to $16.5 million). The cut-cornered rectangular modified brilliant-cut, VVS1-clarity gem is the fourth-largest intense-pink diamond ever to appear at auction, Phillips said in a statement.

“We are seeing global demand for rare and captivating jewels, and our Geneva offering presents a meticulously curated selection,” Benoît Repellin, Phillips worldwide head of jewelry, said in the statement. “We eagerly anticipate showcasing these exceptional pieces as we continue our international highlights tour this month, leading up to the preview and auction in Geneva in November.”

Statement diamonds (both fancy colored and white diamonds) play an important role in the sale, and the No. 2 lot is a 54.27-carat, fancy-intense-yellow, internally flawless diamond with an estimate of CHF 1.2 million to CHF 1.6 million ($1.3 million to $1.8 million).

Other important fancy-colored diamonds include an oval, 1.52-carat, fancy-intense-purplish-pink, set on a platinum ring designed by British jewelry house Boodles. The shank of the ring is centered with a row of brilliant-cut diamonds. Its estimate is CHF 180,000 to CHF 270,000 ($200,000 to $300,000).

In addition, there’s a 24.07-carat, cut-cornered square modified brilliant-cut, fancy-deep-brownish yellow diamond. It’s the

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