Eternal Pink Diamond Fetches $34.8 Million in Sotheby’s Auction

Sotheby’s New York recently saw the exceptionally rare 10.57-carat Eternal Pink diamond come close to its estimated value of $35 million, ultimately selling for $34.8 million, IDEX Online reports.


The cushion mixed cut diamond, certified as Fancy Vivid purplish pink and internally  flawless, shattered records with its astounding price per carat estimate of $3,311,258 – the highest ever recorded for any diamond or gemstone. However, the current per carat record remains held by the 11.15-carat Williamson Pink Star, which fetched $5,178,124. The title for the most expensive pink diamond ever sold is still held by Chow Tai Fook, who acquired a pink diamond for $71.2 million at a Sotheby’s Hong Kong auction in April 2017.


The Eternal Pink was unearthed as a rough gem at Botswana’s Damtshaa mine by De Beers, then cut by Diacore in a six-month process.


Taking center stage at the Sotheby’s Magnificent Jewels auction in New York on June 8, the Eternal Pink shared the spotlight with the Estrela de Fura, the world’s most expensive ruby, as both precious gems fetched the exact same price.