{"id":5744,"date":"2018-11-14T10:45:01","date_gmt":"2018-11-14T06:45:01","guid":{"rendered":"http:\/\/www.uaebarq.ae\/en\/?p=5744"},"modified":"2018-11-14T10:45:01","modified_gmt":"2018-11-14T06:45:01","slug":"pink-legacy-diamond-sold-for-world-record-price","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2018\/11\/14\/pink-legacy-diamond-sold-for-world-record-price\/","title":{"rendered":"Pink Legacy diamond sold for world record price"},"content":{"rendered":"<p class=\"story-body__introduction\">A rare pink diamond has fetched SFr50.3 million ($50m; \u00a338.5m) at auction, a record price per carat.<\/p>\n<p>Pink Legacy, weighing in at just under 19 carats, was bought by US brand Harry Winston at auction in Geneva.<\/p>\n<p>The price of around $2.6m per carat marked a world record for a pink diamond, according to the Europe head of auction house Christie&#8217;s.<\/p>\n<p>It had been valued at between $30-$50 million before sale, and was bought after only five minutes of bidding.<\/p>\n<p>The diamond&#8217;s new owners have rechristened it the Winston Pink Legacy.<\/p>\n<p>Once owned by the Oppenheimer family, who formerly ran the De Beers mining company, the diamond was referred to as &#8220;one of the world&#8217;s greatest diamonds&#8221; by Christie&#8217;s international head of jewellery, Rahul Kadakia.<\/p>\n<p>&#8220;You may see this colour in a pink diamond of less than one carat,&#8221; Mr Kadakia said. &#8220;But this is almost 19 carats and it&#8217;s as pink as can be. It&#8217;s unbelievable.&#8221;<\/p>\n<figure class=\"media-landscape has-caption full-width\"><span class=\"image-and-copyright-container\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-image__img js-image-replace\" src=\"https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/3E6E\/production\/_104328951_050478687.jpg\" alt=\"Pink Legacy diamond\" width=\"832\" height=\"468\" data-highest-encountered-width=\"624\" \/><\/span><figcaption class=\"media-caption\"><span class=\"media-caption__text\">The diamond sold after five minutes of bidding<\/span><\/figcaption><\/figure>\n<p>It was graded as &#8220;fancy vivid&#8221; &#8211; the highest level of colour intensity.<\/p>\n<p>The rectangular-cut stone was found in a South African mine around a hundred years ago and has likely not been altered since it was first cut in 1920, Christie&#8217;s said.<\/p>\n<p>Finding a fancy vivid pink diamond larger than 10 carats is virtually unheard of, the auction house said.<\/p>\n<p>The auction price of the Pink Legacy diamond, sold at Christie&#8217;s annual Magnificent Jewels auction, beat out the previous record price-per-carat.<\/p>\n<p>In November 2017,\u00a0an 8.41-carat pink diamond sold for $17,768,041 (\u00a311,438,714) in Hong Kong\u00a0&#8211; more than $2.1m (\u00a31.8m) a carat.<\/p>\n<p>&#8211;<\/p>\n<p>BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A rare pink diamond has fetched SFr50.3 million ($50m; \u00a338.5m) at auction, a record price per carat. Pink Legacy, weighing in at just under 19 carats, was bought by US brand Harry Winston at auction in Geneva. The price of around $2.6m per carat marked a world record for a pink diamond, according to the &hellip;<\/p>\n","protected":false},"author":2,"featured_media":5745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5744","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=5744"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5744\/revisions"}],"predecessor-version":[{"id":5746,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5744\/revisions\/5746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/5745"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=5744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=5744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=5744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}