Tag pink diamond

Mukesh Ambani’s wife, Nita Ambani is a fashionista, who never shies away from flaunting her love for everything luxurious. Nita has an exquisite jewellery collection, and she never misses a chance to flaunt them. From emerald ranihaars to diamond chokers, the businesswoman has some of the most stunning pieces in her closet. However, there’s one special jewellery piece in her collection, which she wore only once.

Nita Ambani owns a 70-80 carat diamond ring worth USD 5 million

Nita Ambani was once spotted wearing a gigantic diamond ring at one of the events at the Nita Mukesh Ambani Cultural Centre. Reportedly, her ring has a 70-80 carat diamond adorned atop it, which is huge in size. If reports are to be believed, the ring costs somewhere around USD 5 million, which is a magnanimous amount. Another shocking fact about the ring is that Nita Ambani wore it only once in her life.

Recommended Read: Mahira Khan Looked Divine In A Custom-Made Faraz Manan Lehenga, Added A Dramatic Veil On Her Wedding

When Nita Ambani wore a huge nath adorned with a gigantic diamond

Well, this is not the only jaw-dropping jewellery piece in Nita Ambani’s collection. Earlier, she flaunted a huge diamond nath at her daughter, Isha Ambani’s wedding in 2018. For the big day, Nita was decked up in a stunning saree paired with all-diamond jewellery. While she looked picture perfect on the occasion, her nath stole all the attention. Nita’s huge nath was encrusted with layers of diamonds and featured a gigantic 1-lb diamond hanging from it. 

Nita Ambani’s Falcon Supernova iPhone 6 Pink Diamond worth USD 48.5 million

Nita Ambani, who is considered one of the richest women in the world, is reported to be the owner of the world’s most expensive phone, the Falcon Supernova

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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Sotheby’s sold two precious gemstones for US$34.8 million each Thursday in New York, setting records for both. 

The 55.22-carat Estrela de Fury from Mozambique, the largest ruby to have been sold at a public auction, achieved a hammer price of US$30 million after 90 seconds of bidding. Moments later, a diamond Sotheby’s calls “Eternal Pink,” which is actually a vivid purplish pink, took just two minutes to also hammer at US$30 million.

A big, pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years.

Named the “Lulo Rose,” the diamond was found at the Lulo alluvial diamond mine, the mine’s owner, the Lucapa Diamond Company, announced Wednesday on its website.

“Only one in 10,000 diamonds is coloured pink. So you’re certainly looking at a very rare article when you find a very large pink diamond,” Lucapa CEO Stephen Wetherall told The Associated Press.

The pink gemstone is expected to fetch a high value when auctioned, but Wetherall said he doesn’t know what kind of premium will be paid because of its colour.

Mine has history of large discoveries

Lulo is an alluvial mine which means the stones are recovered from a river bed. The Lucapa company is searching for underground deposits, known as kimberlite pipes, which would be the main source of the diamonds, said Wetherall, speaking from the company’s headquarters in Australia.

“We’re looking for the kimberlite pipes that brought these diamonds to the surface,” Wetherall said. “When you find these high-value large diamonds … it certainly elevates the excitement from our perspective in our hunt for the primary source.”

About 400 staff are employed at the Lulo mine, which has already produced the two largest diamonds ever found in Angola, including a 404-carat clear diamond, he said.

The pink gemstone is the fifth largest diamond found at the mine where 27 diamonds of 100 carats or more have been found, according to Lucapa.

The pink diamond will be sold by international tender by the Angolan state diamond marketing company, Sodiam. Angola’s mines make it one of the world’s top 10 producers of diamonds.

“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola

It’s rare to discover a pink diamond, let alone the biggest one in three centuries.

Australian miner Lucapa Diamond Company has unearthed a 170-carat pink diamond that it claims is the largest such stone found in 300 years. Dubbed the “Lulo Rose,” the gem was discovered at the company’s Lulo alluvial diamond mine in the Lunda Norte region of Angola in Africa, according to a statement shared on Wednesday.

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The diamond is expected to fetch in the millions at a forthcoming auction run by Angolan state diamond marketing company Sodiam. In fact, it could even eclipse the pink-star-diamond-sells-for-world-record-83-million-in-geneva-idUSBRE9AC15920131114″ data-ylk=”slk:Pink Star” class=”link “Pink Star, an internally flawless 59.6-carat pink diamond that sold for a record $83 million in 2013. (It remains the world’s most expensive pink diamond.) Lucapa’s managing director Stephen Wetherall has not provided an estimate of Lulo Rose’s worth as the diamond is still being examined and valued.

“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage for diamond mining and demonstrates the potential and rewards for commitment and investment in our growing diamond mining industry,” Diamantino Acevedo, Angola’s minister of mineral resources, petroleum and gas, said in a statement.

Lucapa Diamond Company

With a staff of 400, Lulo is an alluvial mine where stones are recovered from the river bed. According to Lacapa, the site has been commercially producing large, high-value diamonds since 2015. Indeed, Lulo has produced 27 gems over 100 carats to date and two of Angola’s largest diamonds. The largest discovery at the site was the whopping 404-carat “4th February Stone,” which sold for $16 million. The Lulo Rose is the